Avon Rises in German Trading on Reports of L’Oreal Bid

Avon Products Inc. (AVP) gained in trading on the Germany stock market after British newspaper The Daily Mail said L’Oreal SA (LRLCY) may bid for the company.

Avon’s German-traded shares advanced 6.2% from the Oct. 11 closing price in New York to $35.22 at 12:59pm in Frankfurt, Bloomberg News said.

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That would give the company, which is based in New York, a market value of $15.1…

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Avon Rises in German Trading on Reports of L’Oreal Bid originally appeared on DailyFinance on Tue, 12 Oct 2010 07:44:00.

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Greenhouse Spa Up for Sale as Women Shun Luxury Pampering

The Greenhouse Spa in the Dallas area is up for sale, a sign that luxury spas are struggling with a weak economy and competition from day spas.

The spa, which counts Cindy Crawford and Grace Kelly among its former clients, charges $4,500 to $5,000 for a weeklong stay, The Wall Street Journal said.

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Unfortunately, the spa vacation is less and less popular. In the past, a week of…

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Greenhouse Spa Up for Sale as Women Shun Luxury Pampering originally appeared on DailyFinance on Wed, 06 Oct 2010 08:22:00.

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Unilever to Buy Alberto Culver for $3.7 Billion

Unilever (UL) announced early Monday that it had agreed to buy beauty care company Alberto Culver Company for $3.7 billion in cash.

The deal will make Unilever the world’s leading company in hair conditioning, the second largest in shampoo and the third largest in hair styling, Unilever said in a statement.

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“We are delighted to be acquiring Alberto Culver,” Unilever CEO Paul Polman…

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Unilever to Buy Alberto Culver for $3.7 Billion originally appeared on DailyFinance on Mon, 27 Sep 2010 06:35:00.

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