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JEAN PHILIPPE BUILDING COLOR COSMETICS BUSINESS WITH AZIZA PURCHASE

This article was originally published in The Rose Sheet

Executive Summary

JEAN PHILIPPE BUILDING COLOR COSMETICS BUSINESS WITH AZIZA PURCHASE announced June 27. The company bought the worldwide rights to the Aziza trademark from Unilever's Chese-Pond's division and its affiliates. The terms of the deal were not disclosed. With the acquisition, Jean Philippe Fragrances is significantly broadening its color cosmetics offerings by adding eye products to the Cutex lip and nail products it will be distributing under a licensing agreement with Chese-Pond's ("The Rose Sheet" June 6, In Brief). Jean Philippe said that it intends to market a full range of cosmetics and is considering buying other color lines.

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