EcoTools expands, updates cosmetic brushes
GURNEE, Ill. EcoTools is brushing up on its cosmetic accessories.
The eco-friendly bath and beauty products maker announced the availability of three brand-new cosmetic brushes and two revised brush sets, which now can be purchased at Ulta and Walgreens.
New to the EcoTools collection are:
The bamboo Minishing Kabuki ($6.99), which has varying hair lengths to provide a sheer, delicate finish that is soft on skin;
The bamboo smudge eyeliner brush with sharpener ($3.99), which features a two-in-one design to streamline smudging and sharpening; and
The recycled aluminum retractable foundation brush ($5.99), a polished, portable brush prepped for storage and featuring recycled aluminum and a retractable design.
In addition to the new products, the bamboo six-piece brush set ($12.99) has been upgraded to a fold-over hemp bag with separate compartments. Additionally, the bamboo five-piece travel brush set ($9.99) offers a larger zip-up pouch that houses both brushes and beauty essentials. Both products now feature cork in the case closure and zipper for a natural, neat finish.
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.