Henkel raises guidance for fiscal 2021 as sales surge 7.7 percent in Q1
Henkel has hailed its first quarter of fiscal 2021 as ‘a very good start’ with organic sales growth of 7.7 percent (nominal +0.8 percent), for a total of €4,968 million, despite the continuing coronavirus crisis.
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Legal opinion slams Citi verdict in Revlon row
A group of legal experts has criticised the outcome of a case that has prevented Citigroup from recouping finds mistakenly paid to Revlon creditors, according to a report published by Bloomberg.
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L Catterton to invest in Social Bella International
L Catterton has announced an investment in leading Indonesian beauty e-commerce platform, Social Bella International (Sociolla). Terms of the deal were not disclosed.
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Croda embarks on strategic review of PTIC unit
Croda has announced a strategic review of its Performance Technologies and Industrial Chemicals (PTIC) businesses.
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Procter & Gamble has announced the release of its Tokyo 2020 Olympics Campaign, which shines a spotlight on the Olympic and Paralympic athletes who are not only achieving greatness in their sport but also taking action for good.
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L’Oréal USA prevails in Olaplex appeal
The United States Court of Appeals for the Federal Circuit has vacated in part, dismissed in part and remanded a final judgement that awarded Olaplex US$66 million for trade secret misappropriation, breach of a non-disclosure agreement and patent infringement.
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Unilever to buyback up to €3 billion of shares
Unilever has announced the commencement of its program to buy back shares with an aggregate market value of up to €3 billion, to be completed by the end of this year.
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AmorePacific launches bespoke bath bomb kiosk
AmorePacific has launched a kiosk where shoppers can order a bespoke bath bomb, and watch it being made as they wait.
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Avon awarded Edison prize for skin care technology Protinol
Avon’s Protinol technology has been awarded silver in the advanced skin care category at the Edison Awards.
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Coty partners with People for live beauty event
Coty and People magazine are partnering for a live beauty event, set to take place on May 19, featuring actress Lili Reinhart.
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