The Pepsi Refresh Project is an evolution of the Refresh Everything initiative Pepsi launched in 2009, which showed the brand as a catalyst for optimism.
The $1.7 billion transaction combines Shiseido's global reach and product development capabilities with Bare Escentuals' mineral-based cosmetic portfolio and multi-channel marketing.
The eStore featuring P&G brands will test innovative e-commerce concepts that are expected to unlock growth for online sales of consumer product categories.