Friday afternoon, the self-proclaimed world’s leading beauty company announced the signing of a deal to purchase skin care and makeup brand IT Cosmetics for over $1bn — validation of IT Cosmetics’ hard-earned reputation for innovation and consumer loyalty.
The Independent Cosmetic Manufacturers and Distributors Association (ICMAD) held the eighth annual CITY awards for Cosmetic Innovators of the Year, on June 29th 2011, in New York City.