Executive Summary

• The wearables space continues to generate headlines, including a Google-Levi Strauss cooperation and the Fitbit IPO, and consumers gave wearables an enthusiastic reception at a recent fashion show
• Unilever announced an agreement to acquire Murad, a maker of clinical skincare products, which would be its fourth acquisition in premium skincare products this year
• Amazon is promising deals on Prime Day—July 15, the day before its 20th anniversary—that will surpass those from Black Friday
• Coty is close to completing the acquisition of P&G’s perfume and cosmetics companies, which would double its size and make it the leader in perfumes and number-five in haircare products