Martha Steward CBD launches new line of wellness topicals as its first category expansion
Martha Stewart CBD has launched Martha Stewart CBD Wellness Topicals, which is the brand’s first-ever category expansion in its growing CBD portfolio.
Procter & Gamble tops Q2 estimates; raises 2022 sales forecast
Procter & Gamble Q2 earnings and revenue has topped Wall Street expectations, with price hikes offsetting higher commodity and freight costs.
Shopfiy forms strategic partnership with JD.com
Shopify and Chinese retailer JD.com have entered into a strategic partnership to make it easier for U.S merchants to sell to consumers in China.
The Body Shop appoints ex-Estee Lauder retail exec to lead UK operation
The Body Shop has appointed Maddie Smith to lead its UK and Ireland business, succeeding Linda Campbell who is being promoted to Global Retail Director and will sit on the company’s board.
BH Cosmetics files for bankruptcy
BH Cosmetics has filed for Chapter 11 bankruptcy protection in Wilmington, Delaware, and is planning to sell its intellectual property for US$4.3 million, according to WWD.com.
Walmart to join the Metaverse? Retailer files applications for own-brand Crypto and NFTs
U.S. retailer Walmart has filed seven applications to the U.S. Patent and Trademark office to launch its own-brand cryptocurrency, NFTs, possible payment system, and e-wallets, according to CNBC.
Tommy Hilfiger beauty business leaves The Estee Lauder Companies; enters into licensing agreement with Give Back Beauty
The Tommy Hilfiger beauty business has left The Estee Lauder Companies and entered into an exclusive licensing agreement with Give Back Beauty.
Firmenich signs strategic partnership agreement with Harmay in China
Fragrance and taste company Firmenich has entered into a strategic partnership with Harmay, a retail brand in China.
Indonesian start-up Social Bella in funding growth push to gain unicorn status
Indonesian beauty products start-up Social Bella is in talks with investors to raise between US$150 million to US$200 million as part of a growth push to boost its valuation past US$1 billion, giving it unicorn status, according to Bloomberg.
Oriflame bolsters African presence; commences operations in Ghana
Oriflame has bolstered its presence in the African market, having commenced operations in Ghana, according to the Ghanaian Times.
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