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Coty completes P&G deal; Pane becomes CEO
NEW YORK – Coty has completed its acquisition of Procter & Gamble's fine fragrance, color cosmetics, salon professional and hair color and certain styling businesses.
Coty is now the third-largest beauty company in the world, with approximately $9 billion in revenue. As previously announced, following the completion of the merger, Camillo Pane became the new chief executive officer of Coty.
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New concierge bot lets beauty fans shop with friends
WATERLOO, Ontario -- The maker of chat platform Kik is launching a beauty category for its bot shop, which makes shopping more social on Kik.
The beauty category joins existing categories such as Fashion, Entertainment, New and Noteworthy, Lifestyle, and Games. The new category includes a mix of branded and brand-agnostic "concierge" bots, and users can now include multiple bots in chats with friends for a better overall shopping experience.