Finance & Capital Management

The acquisition adds BRICA's strong travel portfolio, including market-leading auto sunshades and mirrors, to the Munchkin product portfolio.

Earlier in his career, the candidate held general management, marketing and sale roles across Asia with global companies such as Coca-Cola, Colgate-Palmolive, Duracell and Nestl.

The new entity will allow Coty to consolidate the distribution of its products and ensure a cohesive marketing strategy throughout the United Arab Emirates.

Brynwood Partners has a well-established track record of reviving smaller brands or businesses that are divested from large corporations.

The transaction is valued at approximately $2.2 billion, including net debt. Upon completion of the transaction, The Jones Group will become a privately held company.

Paul Nunnari is named President of Kao Canada and John Sullivan is named Vice President of Sales, Kao USA Inc.

Hershey has increased its investment in China over the past several years and is one of the fastest growing confection companies in China.

Effective January 1, 2014, the integrated North America business will be segmented into a traditional company and bottler operating model that will better suit the unique needs of the North America market.