Henkel to merge Laundry & Home Care and Beauty Care units to create new Consumer Brands business
Henkel has announced plans to create a multi-category platform through the merger of its Laundry & Home Care and Beauty Care units into a new Consumer Brands division.
IFF names next CEO
IFF has announced the appointment of Frank Clyburn to succeed Andreas Fibig as CEO and a member of the Board of Directors, effective February 14, 2022. The company will also separate the Chairman and Chief Executive roles, with Dale Morrison assuming the role of non-executive Chairman of the Board of Directors.
Marks & Spencer launches into live shopping arena
M&S has announced the launch of Live Shopping on its website, offering customers a new way to find inspiration and shop with the retailer and tapping into the growing livestreaming trend, which is expected to account for 10 to 20 percent of global e-commerce by 2026.
Watsons expands into Middle East with new GCC stores
Watsons has made its first entry into Qatar at Doha Festival City. The AS Watson-owned retailer has opened a series of stores across the GCC, including locations in Dubai Mall, Dubai Festival City, Mall of the Emirates and Al Wahda Mall in UAE, and Mall of Dhahra in the Kingdom of Saudi Arabia.
Walgreens Boots Alliance publishes ESG report
Walgreens Boots Alliance has published its 2021 Environmental, Social and Governance Report.
Cosmetics cut backs: 80 Glossier employees made redundant
Glossier has announced that it has laid off up to a third of its corporate work force, according to an article published by Modern Retail.
LVMH tops records as organic revenue growth soars 36 percent in 2021
LVMH has recorded revenue of €64.2 billion for fiscal 2021, up 44 percent compared to 2020 and a 20 percent rise on 2019’s figures. Organic revenue growth was 36 percent compared to 2020, and 14 percent compared to 2019.
Dove tackles hair discrimination with ‘as early as five’ campaign
Unilever’s Dove has released a new body of research revealing the extent and young age at which Black girls experience hair discrimination in schools.
Snap evolves AR commerce with Catalog-powered Shopping Lenses
Snap has rolled out Catalog-powered Shopping Lenses, a new facet to AR shopping designed to simplify the process and engage consumers. The new experience is also said to be easier to build, scale and optimize for brands.
Kao phases out plastic product stickers as part of zero waste agenda
Kao has announced that it has terminated production of all products with eye-catching plastic stickers. The measure will contribute towards the company’s zero waste goals, as detailed in its Kirei Lifestyle Plan.
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