After having stopped operations in Panama in 2016, MAC has opened a new store in Panama's Albrook Mall and plans to expand retail operations in the country with Central American distribution partner, Saint Honoré.
French beauty products giant L'Oreal said Tuesday it has a signed a contract to sell The Body Shop, which it has owned for over a decade, to Brazil's Natura Cosmeticos for one billion euros ($1.1 billion).
Sears Canada Inc said on Thursday it obtained court protection against creditors to proceed with a restructuring that will include store closures and layoffs as it seeks to recover from years of declining sales.
L’Oréal has entered into exclusive discussions regarding The Body Shop with Brazil-based natural beauty giant Natura Cosméticos SA. And it looks like a deal is virtually done with L’Oréal quite bullish on it happening.