Following a bumper Mother’s Day, rent deals, smart moves on inventory – the name behind brands such as Smiggle and Just Jeans sees a 92pc jump in full-year earnings.
Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) is pleased to announce that it has signed a binding Sale and Purchase Agreement with Pangaea (NT) Pty Ltd as trustee of the Pangaea (NT) Unit Trust to acquire Pangaea s Beetaloo Sub-basin portfolio.
Empire Energy has signed a binding Sale and Purchase Agreement to acquire Pangaea’s Beetaloo Sub-basin portfolio for a combination of cash, ordinary shares and unlisted options in Empire.
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China door opens for natural skincare group BWX
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The Chinese agency that regulates drugs and medical devices says imported ordinary cosmetics will no longer be tested on animals from May, opening the door to the mega $85 billion beauty market for natural skincare products maker BWX.
Many companies, including BWX – which counts skincare and makeup brands Sukin, Andalou Naturals and Mineral Fusion as part of its stable – have opted out of entering the world’s second largest beauty market over what was deemed unethical and unnecessary testing.
Central to the $615 million company in its product offer is it is cruelty free and vegan, with no animal testing and an avoidance of animal by-products.