E.l.f Beauty Q1 2023: sales outlook upped as sales soar 26 percent
E.l.f Beauty has announced its results for the three months ended June 30, 2022. The budget beauty brand saw net sales rise 26 percent on the prior year period to US$122.6 million while gross margin increased roughly 390 basis points to 68 percent.
Estee Lauder India names Manushi Chhillar as new face of Advanced Night Repair
Estee Lauder India has named Bollywood actor Manushi Chhillar as the face of its iconic Advanced Night Repair product. The campaign featuring the former Miss World will debut this month across digital and social platforms.
Aesop to cut ribbon on first bricks and mortar presence in China
Natura &Co’s Aesop brand is preparing to cut the ribbon on its inaugural Chinese store, according to a report published by Inside Retail Asia.
Russia to open duty-free stores stocked with western brands for diplomats
Russia has revealed plans to open a series of duty-free stores where diplomats will be able to purchase products from western brands using foreign currency, according to a report published by The Guardian.
TikTok user claims metal object found in Tampax
A TikTok user has posted a video claiming that she found a foreign object in a box of Tampax, according to a report published by Insider.
Beiersdorf 1H 2022: Group sales rise 10.5 percent to €4.5 billion
Beiersdorf has reported its results for the first half of the current financial year. The manufacturer of Nivea continued its strong growth course in the first six months of fiscal 2022 despite a ‘challenging market environment’.
MAC Cosmetics to face class action over alleged keyboard monitoring
The Estee Lauder Companies-owned Mac Cosmetics is set to face a class action lawsuit which alleges that the make-up giant has illegally and secretly monitored and recorded its customers’ movements on its website, according to a report published by Top Class Actions.
Ray of hope for Indian FMCG suppliers as costs ease
Raw material costs have hit their peak and prices are set to soften, according to the latest forecasts, bringing welcome relief to ailing consumer goods manufacturers, according to a report published by the Hellenic Shipping News.
BASF enters into VPPAs for clean energy supply for 20+ US sites
BASF has announced that it has entered into virtual power purchase agreements (VPPAs) for wind and solar power totalling 250 megawatts. The agreements are designed to offset the carbon-intensive grid-supplied electricity being used at more than 20 US sites.
Kylie Minogue relaunches Darling in the US
Kylie Minogue and Scent Beauty have announced the relaunch of the singer’s Darling EDP fragrance on the US market. The Eau de Parfum is a modern, longer-lasting version of the Aussie star’s signature scent with a vegan formula.
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