Private label products are make up 37 percent of products on the shelves, and the number is expected to reach 41 percent in 2008. As a result, CG companies need a new strategy to compete.
Chloe and Coty Prestige, the selective division of Coty, announce the press launch of a new Chloe's women's fragrance in October 2007 for an on-counter date in February 2008.
As part of an effort to streamline its business processes, Unilever announces that about 40 managers will be leaving the company's UK operations, reports the Financial Times.