Mergers & Acquisitions

L’Oreal, Paris, has acquired Toronto-based ModiFace, an augmented reality company and collaborator in the beauty industry.

A new accelerator unit will focus on long-term innovation, small brand incubation, future customer experiences, e-commerce and new distribution models.

The deal continues VF's efforts to reengineer the portfolio to focus on workwear and natural fiber apparel.

The combined companies are positioned to accelerate the digital transformations of their respective clients.

Two new programs will provide funding and know-how for innovators, entrepreneurs and startup companies in the $100 billion pet care industry.

Acquisition of a pet food company exemplifies the CPG's commitment to healthy food for all types of "consumers."

Plans to drive operational efficiencies include a move to consolidate global sales on two ERP platforms.

A new study by the Interactive Advertising Bureau finds that consumers are favoring brands that are focused on direct relationships with customers and serving their evolving needs.