Unilever forms new cosmetics unit

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Unilever, London, formed Unilever Cosmetics International, New York, to extend the marketer's global portfolio of prestige beauty and fragrance brands. The new company will be charged with rapidly expanding Unilever's global brands to selected markets around the world. Unilever Cosmetics International is composed of Calvin Klein Cosmetics Co., which will continue to operate as a separate unit, and new Unilever Prestige, dedicated to the development of fragrance and beauty brands.

Copyright March 2000, Crain Communications Inc.

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