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Coty Inc. to accquire OPI Products, Inc.

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I know you’ve all probably heard about this but I just got the press release in my inbox so I thought I would share it with you. I know a lot of people are angry due to the fact that Coty still does animal testing…I think that’s pretty awful but honestly it’s not going to stop me from buying OPI as they have stated they will remain cruelty free. What are your thoughts? Will you still buy OPI?


COTY INC. TO ACQUIRE OPI PRODUCTS INC.

Coty Adds OPI Nail Lacquers and Nicole by OPI to Its Growing Color Portfolio

NEW YORK, November 29, 2010 — Coty Inc., a leading global beauty company, and OPI Products Inc., a leader in professional nail salon products, today announced that Coty has entered into an agreement to acquire OPI.

The acquisition will enhance Coty’s color cosmetic portfolio, through the addition of over 200 fashion forward colors of OPI Nail Lacquer’s chip-resistant formula, which has been an international success.

“We view the acquisition of OPI as complementary to Coty and a natural extension of our strategy to offer a unique portfolio of brands that produce some of the best known consumer products around the world,” said Bernd Beetz, CEO, Coty Inc. “OPI is both dynamic and high quality and has earned its place as a leading provider to professional nail care salons. This acquisition will allow Coty to expand our presence in the nail care category via an important new channel of distribution: professional salons, and importantly will offer an even greater selection of products and choice to consumers.”

“We are very excited about having OPI join the Coty family. OPI has gained a place in consumer’s minds in the US and internationally,” said Renato Semerari, President, Coty Beauty. “It is one of THE fashion brands in Nail Color for salons and that is a very unique position to be in. OPI’s success is the result of a very focused and high quality effort by the OPI team over the past decades. We are very excited to join forces with such a talented team to strengthen OPI even further in the future.”

“It’s time for a new era at OPI, and together with Coty we can begin this new journey,” said George Schaeffer, President and CEO of OPI Products Inc. “For almost 30 years, we have built a solid foundation of innovation and excellence. We are confident that by joining Coty, this legacy will continue and be strengthened. We are all excited about the next phase of opportunity for OPI.  Our management team will continue on with the company and OPI’s business strategy will remain focused on the salon professional.”

“OPI has a reputation for creating fashion-forward products that make women feel beautiful and Coty is a well-established trend setter in the beauty industry,” said Suzi Weiss-Fischmann, the Executive VP & Artistic Director of OPI Products, Inc. “Together we will continue to push the envelope in beauty, color and trends.”

Financial terms of the transaction were not disclosed. The transaction is also subject to customary regulatory approvals.

Moelis & Company served as financial advisor to Coty in connection with the transaction. Lazard Freres & Co. LLC acted as financial advisor to OPI. Gibson, Dunn & Crutcher LLP served as legal advisor to Coty in the transaction. Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisor to OPI.

About Coty Inc.

Coty was created in Paris in 1904 by Francois Coty who is credited with founding the modern fragrance industry.

Today, Coty Inc. is a recognized leader in global beauty with annual net sales of nearly $4 billion. Driven by an entrepreneurial spirit, passion, innovation and creativity, Coty Inc. has developed an unrivaled portfolio of notable brands and delivers its innovative products to consumers in 90 markets worldwide.

The Coty Prestige brand portfolio is distributed in prestige and ultra-prestige stores and includes Balenciaga, Bottega Veneta, Calvin Klein, Cerruti, Chloé, Chopard, Davidoff, Jennifer Lopez, Jil Sander, JOOP!, Karl Lagerfeld, Kenneth Cole, L.A.M.B. fragrance by Gwen Stefani, La Voce by Renee Fleming , Lancaster, Marc Jacobs, Nikos, Sarah Jessica Parker, Vera Wang, Vivienne Westwood and Wolfgang Joop.

The Coty Beauty brand portfolio is more widely distributed and includes adidas, ASTOR, Baby Phat, Beyoncé Knowles, Celine Dion, Chupa Chups, David and Victoria Beckham, Esprit, Exclamation, Faith Hill, GUESS, Halle Berry, Jovan, Kate Moss, Kylie Minogue, La Cross, Lady Gaga, Miss Sporty, Nautica, N.Y.C. New York Color, Pierre Cardin1 , Playboy, Rimmel, Sally Hansen, Stetson, Tim McGraw, and Tonino Lamborghini.

Coty and Puig Fashion and Beauty S.A. have a strategic partnership for the distribution of the perfume lines of Nina Ricci, Carolina Herrera, Prada, Paco Rabanne, and Antonio Banderas in the United States and Canada.

For additional information about Coty Inc., please visit www.coty.com.

(1) Not available in North America

About OPI Products Inc.

OPI Products Inc., one of the world’s leaders in professional nail care since 1981, has revolutionized the beauty industry by combining leading-edge innovation with trendsetting, fashion-forward colors. Under the leadership of OPI President & CEO George Schaeffer and Executive VP & Artistic Director Suzi Weiss-Fischmann, beautifully manicured nails are now seen as the essential fashion accessory.

Preferred by salon professionals and favored by red-carpet celebrities, OPI Nail Lacquer is currently available in 200+ shades. OPI Nail Lacquers contain no DBP, Toluene, or Formaldehyde, and feature a patented Lacquer bottle, ergonomic cap, and ProWide® Brush designed for flawless application.

In addition to Nail Lacquer, OPI also offers an entire range of state-of-the-art quality products for hands, feet, and nails – with more than 30 Patents for the company’s innovative product ideas.

OPI has had a number of successful partnerships, including CW Network, DELL, DreamWorks Animation SKG, Inc., Justin Bieber, Katy Perry, Kristi Yamaguchi, Serena Williams, Sony Pictures Screen Gems, Susan G. Komen for the Cure®, Walt Disney Pictures, and Warner Home Video.

For more information, call 800.341.9999 or visit www.opi.com.

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Color Club Wicked Sweet Collection Swatches

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Good Morning guys!  Hope you all had a good weekend, mine was boring…I guess that’s good? haha

Today I have for you guys swatches of the first of 2 summer collections Color Club has put for this year. This one is called Wicked Sweet. All of the polishes in this collection are scented, and there are a couple interesting combos, color wise. I have heard that this set is already popping up at Ross and is also available on some etailers like Transdesign.com and VictoriasNailSupply.com (my 2 favorites!)

First up Is Get Your Lem-On. This one was pretty sheer, but the color is fab. I don’t have anything dupey in my stash. It’s a bright highlighter yellow with a green shimmer. On it’s own I needed 4 coats for okay opacity, I could have used another but I’m not down with doing 5 coats of polish lol. I also have it layered over white on my ring finger in the pictures below. Over white I only needed 2 coats, awesome! The only downside to layering it over the white is that it seemed to kill that awesome shimmer, you could still see it but it wasn’t very noticeable 🙁 Get Your Lem-On smells like….you guessed it, Lemon Candy.

The Lime Starts Here is a bright neon green, I do like this color but it’s nothing new we haven’t seen before.  The formula was just okay, for a neon it did well, no dragging bald spotsI Always Get My Man-Darin is a bright orange packed with shimmer! I have a lot of orange in my stash, but again nothing like this one. The formula on this was pretty much exactly the same as Get Your Lem-On, very sheer. On it’s own I used 4 coats and 2 coats over white on my ring finger.

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Saturday Spam: Lynnderella

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Hi guys, hope you’re all having a good weekend so far…I sure as heck am, more on that tomorrow! Today I have a big helping of spam for you….this spam is all Lynnderella! I’ve been waffling on posting this because for the past few months Lynnderella=drama. The drama associated with it turns me off the brand so I had decided not to post pictures of what I have. Then I kind of tested the waters in my Indie spam post with 1 Lynn polish and everyone liked it, so I decided what the heck I’ll just post everything I have that I haven’t shown before in one post. Hope you guys enjoy!

If you want to buy Lynnderella polishes it’s a bit of a process…you have to send in a wish list to Llarowe then wait for your last name to come up in her rotations. I think the 1st rotation of wish lists is still going on so depending on your last name you could be waiting for like 4-5 months, it wasn’t too bad for me but I know some people are frustrated with the wait. I know the waiting sucks but I do like that at least you get everything you want eventually. It’s worth it just to avoid the mad dash of trying to get things before they sell out in .5 seconds during re-stocks. Right now Llarowe is not accepting wish lists but last I heard she would be taking them again soon-ish.

To see lots of glittery goodness click the Read More button below!

Alright guys…I’m just going to tell you what I layered these over (for most of the polishes) instead of writing a little novel about each! Hope ya don’t mind!

Boy Girl Party over Zoya Ginessa. FYI there is diamond shaped glitter in this…LOVE!!

Very Pretty Vampire over OPI Black Onyx. I actually really don’t love this combo but I was losing daylight so I couldn’t re-do it. My favorite way to wear VPV is over purple!

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piCture pOlish New Collaboration Shades: Siren Song, Geode, Douceur & Imperial

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Hi guys! Today I have 4 of the 5 new collaboration shades from piCture pOlish to share with you! These were released a couple of weeks ago and I couldn’t wait for them to show up at my house. I always love the collaboration shades, it’s fun to read the posts of the girls who created the shades plus I usually feel like these are shades I want too but don’t already own.

Douceur is a light nude/beige base with fuchsia glitter mixed throughout. This was a collaboration with Tartofraises somehow I had never heard of her blog but since getting her shade I’ve been over there looking through her posts and she does really beautiful nail art! To read her post about the shade check out her blog here.  The formula was good, it was more opaque than I expected it to be and it wasn’t streaky at all.

Imperial is a super vibrant purple with a heavy blue shimmer and gold glitter. This is a collaboration with Jeanette of The Swatchaholic. I was so excited to see this one, Jeanette is a blogger that I’ve become friends with over the last couple years and I had no doubt that if piCture pOlish ever collaborated with her it would be gorgeous. Well, let me tell you Imperial is insanely gorgeous…this is one of my favorite collaboration shades ever and will most likely be a favorite for 2013 for me. I wore it all of last week and was sad to take it off.

Imperial is super vibrant, more so in real life than it appears in photos, I’m also dying over the stunning blue shimmer in this. I loved how the shimmer was visible in the sun and didn’t disappear in the shade.  If you want to read about how Jeanette came up with Imperial and see her beautiful photos of it check out her blog here. The formula was good, it was nice and opaque…I had no issues with application. This does dry a bit matte due to the neon pigment in it.

Siren Song is a sea foam green with a silver flecked shimmer. This is a collaboration with Rebecca Likes Nails. This shade was inspired Fender guitars & bass guitars by Mark & Tom from Blink 182. Ah yes…now that’s my kind of inspiration I love me some Blink 182 and have seen them live several times throughout the years…even stood in like for like 6 hours about 10 years ago to meet them (now I feel old btw). I love the shimmer/glitter in this. It’s bigger than shimmer but smaller than micro glitter…it’s interesting! To read more about the inspiration and naming of Siren Song check out Rebecca’s post here. The formula was good, it was a bit streaky on the first coat but perfect with the second coat.

All of the new Collaboration shades are available on the piCture pOlish website, along with at their network of etailers all over the world like LlaroweHarlow & Co and Nail Polish Canada. For a full list of etailers all over the world check out the piCture pOlish website here.

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