Anglo-Dutch personal care giant Unilever has announced the decision to shut down its Chicago-based production facility, stating efficient business practices as the reason.
Alberto-Culver is selling its Stockholm-based subsidiary business
to a Swedish private equity firm in order to concentrate on its
existing personal care brands.
Global salon operator and hair care provider Regis has reported a
41 per cent increase in net income after the company benefited by a
$50m payment from Alberto-Culver after it pulled out of a proposed
acquisition deal earlier this...