Revlon to buy Elizabeth Arden for $870m
Elizabeth Arden is known for its luxury skincare products, especially anti-ageing ranges, while Revlon is stronger in hair colour
Mergers and acquisitions
Abu Dhabi could buy luxury Mayfair hotels from Barclay brothers
But long-standing minority shareholder Paddy McKillen believes complex legal agreements between the shareholders effectively weaken the brothers’ hand
Net-a-Porter merger with Yoox: marriage of very different high-end fashion sellers
While one presents a chic edit of beautifully shot and styled designer pieces, the other – to the unitiated – appears to offer a more chaotic shopping experience