L’Occitane delivers record profit for H12022; ‘strong set of results’ despite ongoing challenges of pandemic
L’Occitane International has announced its results for the six months ended September 30, 2021. The French natural cosmetics manufacturer said that its performance in the first half continued to be affected by COVID-19, however, sales growth rose to 7 percent above pre-pandemic levels in the second quarter and its operating profit and net profit reached new heights.
LG Group rumored to be mulling new Head for Household and Health Care division
LG Group is poised to announce one of its periodic management reshuffles, according to a report published by the Korea Times.
Fable invests US$2 million in Stratia Skincare
Natura &Co’s investment arm, Fable has invested US$2 million in up and coming skin care brand Stratia, according to a report published by Beauty Inc.
Galderma to acquire Alastin Skincare
Galderma has announced that it has signed a definitive agreement to acquire Alastin Skincare. Financial terms of the deal were not disclosed.
Hims & Hers partner with Uber
Hims & Hers has announced an on-demand delivery partnership with Uber Technologies, enabling consumers to order a wide array of the company’s personal care products via the Uber Eats app.
India Mahdavi redesigns Dior J’adore bottle
Architect India Mahdavi has unveiled her redesign of Dior’s iconic J’adore perfume bottle, according to a report published by Wallpaper and the LVMH brand’s Instagram page.
Dyson ushers in VR testing for its hair styling range
Dyson has upped the ante in the home shopping experience with a VR-enabled testing facility for its hairdryers, straighteners and stylers, according to a report published by Reuters.
LVMH mourns Virgil Abloh
LVMH has announced the death of Louis Vuitton Men’s Artistic Director, Virgil Abloh. Abloh had suffered from cancer for several years.
Kao kicks off tests for recycling plastic film
Kao, together with Lion, Welcia Yakkyoku and Hamakyorex, has started field testing for a new process designed to recycle used household product refill film packaging.
Black Friday 2021: Store traffic up on 2020 but shoppers spread spend
As America’s biggest shopping event of the year wraps up for another year, it appears that shoppers have been tempted back into bricks and mortar locations; store traffic was up 48 percent on 2020 levels, according to a report published by Bloomberg quoting Sensormatic Solutions.
LATEST NEWS
