Korres and Johnson & Johnson combine in the US

Johnson & Johnson Consumer Products Co. is dipping its toe into prestige beauty with a licensing agreement that will give it full control of Korres branded beauty products in North America. The deal will go into effect January 2011. Pericles Stamatiades, group chairman for Johnson & Johnson Beauty Care, said Korres “is an innovative brand with strong potential, and it is our entry into an important distribution channel.” Korres, which... Read More