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August 12, 2002
By: TOM BRANNA
Editor
Anglo-Dutch Unilever Plc/NV, London, is looking to sell its Cosmetics International unit, including its Calvin Klein, Karl Lagerfeld and Valentino perfumes to raise up to $750 million, according to sources close to the situation.The consumer products giant is mid-way through a five-year program to trim the number of its brands to 400 from 800 to boost sales growth and profit margins, and these top scent brands look next to go, executives said. The market has speculated that Unilever may want to ...
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