Seventy four year old French woman, Gilberte van Erpe is on trial this week for allegedly conning thousands of Chilean investors with a 'magic cheese' kit that promised huge returns when sold on for use in cosmetics.
Cosmetics maker L’Oréal has its eyes set on cracking the African market having signed a production and distribution partnership for the Ivory Coast, with specialised distributor CFAO.
Italian cosmetics packager Lumson has been awarded Prix Formes de Luxe 2012 Award for its TAG System, along with the French company Franck Provost which chose TAG to launch its new hair care line.
L’Oréal CEO Jean-Paul Agon has announced that he will hand back half the stock-options he received in 2010 and that the French firm will stop using them altogether.
