Content about South Africa

January 9, 2014

Bio-Oil, which hails from South Africa, has become a cult skin care product, thanks in large part to one special ingredient — PurCellin oil.

LAKE FOREST, Calif. — Bio-Oil, which hails from South Africa, has become a cult skin care product, thanks in large part to one special ingredient — PurCellin oil. The breakthrough ingredient changes the formulation’s overall consistency, making it light and non-greasy. And, with a combination of plant extracts and vitamins suspended in an oil base, Bio-Oil helps improve the appearance of scars, stretch marks and uneven skin tone.

November 8, 2013

Beauty company Coty has announced the formation of a new, wholly owned subsidiary in South Africa in order to direct, manage and fully operate all of its South African business as well as its business in 13 other African countries.

NEW YORK — Beauty company Coty has announced the formation of a new, wholly owned subsidiary in South Africa in order to direct, manage and fully operate all of its South African business as well as its business in 13 other African countries.

November 1, 2013

Procter & Gamble’s My Black is Beautiful continues to drive its mission forward with its latest program, Imagine A Future.

CINCINNATI — Procter & Gamble’s My Black is Beautiful continues to drive its mission forward with its latest program, Imagine A Future, to empower young black girls to be their best selves through participating in the 2013 Black Girls Rock! awards, which airs Nov. 3 at 7 p.m./6 p.m. Central on BET.

The Black Girls Rock! organization is dedicated to promoting positive images of women of color in mass media.

October 10, 2013

According to IRI, sales of Bio-Oil rose nearly 8% to $20.9 million for the 52 weeks ended Aug. 11 at U.S. multi-outlets.

NEW YORK — One of the more well-known skin care oils found at mass hails from South Africa. Bio-Oil is infused with the PurCellin Oil and is formulated to help improve the appearance of scars, stretch marks anduneven skin tone. According to IRI, sales of Bio-Oil rose nearly 8% to $20.9 million for the 52 weeks ended Aug. 11 at U.S. multi-outlets.

September 10, 2013

Boldface Group, a Santa Monica, Calif.-based celebrity beauty licensing company, has announced that it is expanding international distribution and will launch Kardashian Beauty into South Africa.

SANTA MONICA, Calif. — Boldface Group, a Santa Monica, Calif.-based celebrity beauty licensing company, has announced that it is expanding international distribution and will launch Kardashian Beauty into South Africa.

The company’s South African distributor Azulade Marketing will launch Kardashian Beauty into Stuttafords Stores beginning Nov. 15, 2013.

Stuttafords is a boutique-like multi category retailer that sells international beauty brands, such as Dior, Estée Lauder, Cartier, Bulgari, Dolce & Gabbana, Clinique and others.

September 4, 2013

IRI announced it has acquired Aztec, a provider of market measurement and related services for consumer packaged goods, liquor and pharmaceutical manufacturers and retailers in Australia, Canada, Hong Kong, New Zealand, South Africa, Sweden and the United Kingdom. Aztec was acquired from Aegis Media.

CHICAGO  — IRI announced it has acquired Aztec, a provider of market measurement and related services for consumer packaged goods, liquor and pharmaceutical manufacturers and retailers in Australia, Canada, Hong Kong, New Zealand, South Africa, Sweden and the United Kingdom. Aztec was acquired from Aegis Media.

March 20, 2013

Rebates on healthy foods may lead patients to purchase them more frequently, according to a new study by researchers in South Africa.

NEW YORK — Rebates on healthy foods may lead patients to purchase them more frequently, according to a new study by researchers in South Africa.

The study, published in the American Journal of Preventive Medicine, examined a program offered by Discovery, South Africa's largest health plan. The HealthyFood program provides a cash-back rebate of up to 25% on healthy food purchases in more than 400 designated supermarkets around the country.

December 14, 2012

Turkish retailer Migros appears to fit Walmart’s acquisition criteria even if the timing of a potential deal is less than ideal. Turkey’s leading retailer has been in the headlines a lot this year because the company’s private equity owner, BC Partners, is reportedly looking to dump its ownership position roughly four years after acquiring a majority stake.

Turkish retailer Migros appears to fit Walmart’s acquisition criteria even if the timing of a potential deal is less than ideal.

Turkey’s leading retailer has been in the headlines a lot this year because the company’s private equity owner, BC Partners, is reportedly looking to dump its ownership position roughly four years after acquiring a majority stake. Various international retailers are said to have had discussions with BC Partners and Walmart is the latest, according to reports this week by the Financial Times, Reuters and other international sources.

November 21, 2011

Canadian drug maker Valeant Pharmaceuticals International is acquiring an Australian drug maker for up to A$700 million, Valeant said.

MISSISSAUGA, Ontario — Canadian drug maker Valeant Pharmaceuticals International is acquiring an Australian drug maker for up to A$700 million, Valeant said.

Valeant announced that it would acquire iNova, which sells and distributes prescription and OTC drugs in Australia, New Zealand, Southeast Asia and South Africa, from iNova's current shareholders, Archer Capital, Ironbridge and others.

Valeant will pay iNova shareholders A$625 upfront and up to A$75 million in milestones.

 

May 9, 2011

New York City -- Massmart Holdings Ltd. promised to add jobs if Wal-Mart Stores is allowed to buy a controlling stake in the South African wholesaler, CEO Grant Pattison. His remarks were made on Monday at a tribunal in Pretoria, South Africa, that will determine whether Wal-Mart will be able to go through with the deal.