Wednesday, July 30, 2014   

Aveda cosmetics founder dies
(02-17 09:27)

The founder of beauty-products company Aveda Corp has died at his US home.
A notice posted on the company's website says Horst Rechelbacher died on Saturday after an illness. He was 72.
Rechelbacher was an Austrian immigrant who founded the company in 1978. He started with one salon before turning it into a larger company that he eventually sold to Estee Lauder for US$300 million.
Aveda sells hair- and skin-care products for men and women.
The St Paul Pioneer Press reports that Rechelbacher was diagnosed with pancreatic cancer in 2011.—AP
   
Other Business breaking news:
European stocks down before US data (9 mins ago)
Singapore Airlines profit slumps in first quarter (24 mins ago)
Eurozone banks ease loan conditions for businesses: ECB (40 mins ago)
Spain speeding away from crisis (1 hr 6 mins ago)
Sony to delist shares from LSE (2 hrs 3 mins ago)
Trade slumps between HK, China (2 hrs 10 mins ago)
NEC cuts net loss (2 hrs 12 mins ago)
Nintendo logs quarterly net loss on Wii U costs (2 hrs 22 mins ago)
Hang Seng extends win streak to seven days (2 hrs 57 mins ago)
Barclays says first-half net profit soars (07-30 15:17)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.