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Supplier News

Coty drops bid to acquire Avon

Coty Inc. has withdrawn its $10.7 billion proposed acquisition of beauty care supplier Avon Products Inc. Coty said Monday evening that it had sent a letter to Avon’s board indicating that the fragrance giant is no longer interested in pursuing an acquisition deal of the cosmetics direct seller.

Kellogg’s brand gets a makeover

Kellogg Co. is unveiling a refresh of its 106-year-old Kellogg’s brand, calling the move the most significant update of its marquee identity in company history. The company said Monday that the brand update is showcased on Kellogg’s revamped website, kelloggs.