L’Oréal to relaunch Helena Rubinstein brand in the UK
Helena Rubinstein is set to return to UK beauty counters after a 16-year hiatus, according to a report published by WWD. The L’Oréal-owned brand is landing in Harrods later this month with a 330 sq ft space on the department store’s Fifth Floor, where shoppers will be...
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Clé de Peau Beauté signs multi-year global partnership with UNICEF
Shiseido-owned Clé de Peau Beauté has pledged the world’s largest contribution of US$8.7 million to support UNICEF’s Gender Equality Program, according to a press release issued by the company. The Japanese beauty giant’s multi-year global partnership with the charity...
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Firmenich appoints VP Fine Fragrance Europe
Firmenich has announced the appointment of Francesco Riosa as Vice President, Fine Fragrance Europe. Riosa joins Firmenich from Richemont where he held the role of Vice President, Global Marketing for the Panerai watch brand. Prior to this, he has held numerous senior...
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Nivea continues to invest in African fashion; sponsors Accra Fashion Week 2019
Nivea has confirmed its commitment to supporting Africa’s fashion industry as title sponsor of the recent Accra Fashion Week, held earlier this month. Nivea’s sponsorship fits well with its parent company’s ambition to grow its business across the continent. The...
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MAC Cosmetics drops prices in Australia
Lauder-owned MAC Cosmetics has dropped the price of its lipsticks, eyeshadows and mascaras on the Australian market, according to a report published by 10 Daily. The brand revealed that it was lowering the price of set items in order to remain competitive as well as...
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MAC hires in America’s Top Model judge and Paper legend as Global Creative Director
The Estee Lauder Companies-owned MAC Cosmetics has named Drew Elliott as SVP, Global Creative Director, effective October 28, 2019. Elliott joins MAC from ENTtech Media Group, where he was Chief Creative Officer of Paper Communications. He has also sat as a judge on...
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Beiersdorf UK: turnover rose to £220 million at 2018’s close
Newly filed accounts for Beiersdorf’s UK arm reveal that the turnover across the territory rose to £220.6 million at 2018’s end, up from £214.8 million in the prior year, according to a report published by Insider Media. The UK branch of the manufacturer of Nivea’s...
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Ginkgo Bioworks raises US$350 million for ‘Ferment Fund’
Ginkgo Bioworks has raised US$350 million, which it intends to use to invest in spinout ventures, according to a report published by Reuters. The Ferment Fund, as the pot has been named, will invest in two to three companies per year, Jason Kelly, CEO and Co-founder,...
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AmorePacific issues KRW200 billion in new shares
AmorePacific Group is planning to issue a further KRW200 billion in shares in order to recapitalize its eponymous beauty subsidiary and Osulluc brand, according to a report published by Pulse News. The K-beauty behemoth revealed its intention to issue some 7 million...
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Ed Hardy extends licensing deal with Revlon
Iconix Brand Group has extended its licensing agreement with Revlon for its Ed Hardy brand. The new deal stretches Revlon’s reign for a further four years, taking the partnership to 2023. Revlon currently offers nine Ed Hardy fragrances, with a further two unisex...
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