Coty Inc plans to raise $700 million in an initial public offering after dropping a $10.7 billion takeover bid for its rival Avon - @AP
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Global food and cosmetics giant Unilever's net profit last year rose by 5% from the 2011 level to $5.96 billion - @AFP
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L'Oreal has agreed to buy privately owned makeup company Urban Decay Cosmetics - @WSJ
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FDA says toxic mercury found in lotions and cosmetics targeted to ethnic communities - @NYDNlifestyle
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400 lipsticks found to contain lead, FDA says; 5 L'Oreal and Maybelline lipsticks rank among top 10 - @washingtonpost
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Liliane Bettencourt, France's richest woman, replaced on L'Oreal board by her 25-year-old grandson - @FinancialTimes
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