Multicultural

CINCINNATI -- Procter & Gamble announced Thursday its plans for stockholders to exchange its stock for shares in Coty, which has agreed to buy 41 beauty brands from P&G in a deal valued at $12.5 billion.

GOLDEN, Colo. -- ShaveMOB.com, an online retailer of razor blades for men and women, has acquired 800Razors, a U.S.-based personal care products company.

ShaveMOB.com says the acquisition will drive further e-commerce growth by expanding the company's customer base and brand equity. 800Razors invested millions of dollars in the development of its brand, creating strong relationships with customers and building a media footprint through partnerships with famous athletes, according to ShaveMOB.com.

SAN FRANCISCO -- Beauty retailer Sephora is marking a major milestone by opening its 400th store.

FORT WORTH, Texas -- Cetaphil is marking its fifth consecutive year of its partnership with the Children's Skin Disease Foundation and Camp Wonder, an initiative of the CSDF.

BOLINGBROOK, Ill. -- On the heels of posting another quarter of fiscal results above investor expectations, Ulta Beauty has scored a retail partnership with a big skin care brand.

Starting Sept. 1, Proactiv will be available to Ulta Beauty guests in select stores and nationwide online at ulta.com. Ulta Beauty will be the exclusive beauty retailer of Proactiv at the time of the launch.

While Sephora and Ulta duke it out for a greater share of the mainstream beauty market, Credo is elevating the beauty experience with clean, natural products, beautiful packaging and just the right amount of service without seeming intimidating or out-of-touch. 

Yahoo News asked Credo’s founder Shashi Batra for a crash course on what makes the store so special.

MADISON, Wis. -- Kohl's has finished the rollout of enhanced beauty departments across its entire store footprint as the retailer focuses on health and wellness products as a key driver for sales in its existing stores.

BOLINGBROOK, Ill. -- Loyalty program membership and same-store sales continue to fuel growth at Ulta Beauty, which posted blockbuster earnings in the second quarter.