‘A milestone year’: Shopify shares soar on strong Q4 results
Shopify has announced ‘strong’ financial results for the fourth quarter and full year ended December 31, 2019, with revenue up 47 percent over the fiscal year to US$1.578 billion.
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Grupo Boticario poised for M&A activity?
The CEO of Grupo Boticario has indicated that the Brazilian company may be poised to make further acquisitions, according to a report published by the Financial Post.
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India’s anti-profiteering authority to investigate L’Oréal
India’s National Anti-profiteering Authority has ordered a new investigation into L’Oréal India, according to a report published by the Economic Times.
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Could personal care use in pregnancy affect children’s weight?
A small study into the impact of the use of cosmetics and toiletries containing parabens in pregnancy on the weight of the child has concluded that the controversial chemicals could be responsible for weight gain and obesity in later life, according to a report published by Reuters.
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FDA budget to be upped to allow for CBD regulation?
The US Food and Drugs Administration could be in line for a US$5 million increase in its budget next fiscal year, according to a report published by Hemp Industry Daily. President Trump is said to have requested the rise to allow the federal agency to adequately regulate the booming CBD market.
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Procter & Gamble’s Secret teams up with Serena Williams on new gender equality campaign
Procter & Gamble’s Secret brand has signed tennis star Serena Williams as part of its gender-equality campaign.
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Unilever’s Suave brand gains PETA ‘cruelty-free’ certification
Unilever’s SUAVE brand has been given ‘cruelty-free’ accreditation from People for the Ethical Treatment of Animals (PETA).
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Coronavirus continues to bite as Sa Sa Holdings announces store closures
Sa Sa International Holdings has announced 21 store closures in the city and Macau in what has been put down to cost cutting measures as the Coronavirus continues to affect sales, according to a report by South China Morning Post.
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Moscow’s Domodedovo Airport launches online duty-free shop
Moscow’s Domodedovo Airport has launched an online duty-free shop in partnership with MyDutyFree in order to allow consumers to pre-purchase duty free items.
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MAC partners with Arab influencers on new lipstick range
MAC has partnered with a slew of Arab influencers in its latest creative collaboration, which will see a new range of lipsticks launched on 26th February.
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