Borba bringing capsule collection to Walgreens
WOODLAND HILLS, Calif. Borba, a maker of nutraceuticals and cosmeceuticals, is expanding its portfolio with an exclusive Walgreens capsule collection of skin care products and supplements.
The 19-piece collection ranges from advancements in skin care, such as a 4-in-1 active cleanser to a 100+ SPF cream for mass. In addition, a supplement line encompassing weight management, anti-aging, skin clarity and stress relief in a snack-based form are priced from $9.99.
"Today, women are shopping at retail channels for beauty innovations," stated creator and celebrity esthetician Scott-Vincent Borba. "No longer are cutting-edge, clinically advanced formulas only found at the doctor’s office or department store. I specifically created my Borba Walgreens capsule collection as a way to make my celebrity techniques and approach accessible to all women and am already experiencing an overwhelming response from advanced pre-ordering availability."
To help kick off the national January 2011 debut, Borba has authored a beauty book based on his "inside-out" approach. The book, titled "Skintervention: The Personalized Solution for Healthier, Younger and Flawless-Looking Skin," includes secret celebrity tips, skin-benefiting recipes, lifestyle recommendations and celebrity testimonials.
CoverGirl to debut NatureLuxe in January
CINCINNATI Procter & Gamble’s CoverGirl is launching in January its new NatureLuxe makeup collection, which includes NatureLuxe silk foundation and NatureLuxe gloss balm.
The NatureLuxe silk foundation contains hints of natural jojoba and rosehip extracts along with cucumber water, which is a lighter alternative to a heavier-feeling emollient. The formula is oil-free and paraben-free and contains SPF 10.
The foundation is available in 14 different shades, each with a suggested retail price of $11.99.
The new gloss balm, which has SPF 15, exchanges select heavier emollients for natural mango, shea and other butters for a lighter feel.
The gloss is available in 16 different shades. The suggested retail price is $6.49 each.
European Commission OKs sale of Sara Lee beauty, detergent businesses to Unilever
DOWNERS GROVE, Ill. — The European Commission has approved the sale of Sara Lee’s global body care and European detergent businesses to Unilever, provided that Unilever divest the Sanex brand of bath and body products in the European market after it acquires the business from Sara Lee.
The global body care and European detergent businesses encompass such brands as Sanex, Radox and Duschdas. The transaction was originally announced in September.
In light of this requirement, the parties will make certain amendments to the share purchase agreement, including an adjustment in the purchase price from Euro 1.275 billion ($1.721 billion) to Euro 1.210 billion ($1.633 billion). The deal is expected to close in December.
Marcel Smits, interim CEO of Sara Lee, noted that the change in proceeds will have no effect on its capital plans, and it will continue with its plan to repurchase $2.5 billion to $3 billion of shares by the end of fiscal 2012.