Pharrell Williams teams up with Chanel to launch mentorship program for Black and Latinx entrepreneurs
Pharrell Williams has teamed up with fashion house Chanel via his equity-focused initiative Black Ambition to launch a two-part mentorship program for Black and Latinx entrepreneurs.
CLICK HERE
H&M Q2 sales up 62 percent YOY; failed to reach pre-pandemic heights
Fashion and beauty retailer H&M has seen Q2 sales rise 62 percent between March and May, citing the easing of pandemic restrictions in many markets and the increased online demand, according to a report by Reuters.
CLICK HERE
Global Shea Alliance implements pilot project on developing resilient shea agroforestry farm model
The Global Shea Alliance is set to implement a pilot project of Resilient Shea Agroforestry Farm Model (RSAFM) in Nigeria.
CLICK HERE
Uoma Beauty Founder Sharon Chuter launches new brand ‘Uoma by Sharon C.’ exclusively to Walmart
Uoma Beauty Founder Sharon Chuter has announced the launch of a new brand, Uoma by Sharon C., which will be sold exclusively via its own website and Walmart.
CLICK HERE
Jennie Ma appointed as General Manager, Lancôme, North Asia zone
Jennie Ma has moved into the role of General Manager, Lancôme, North Asia zone, according to a report by Marketing Interactive.
CLICK HERE
Chanel revenue down 18 percent year on year; invests record capital in long-term value
Chanel has reported revenue of US$10.1 billion, down 18 percent year on year compared to 2019, citing a ‘highly disrupted environment’ that led to the closure of its boutique and manufacture network, and the suspension of international travel.
CLICK HERE
Unilever to scale up refillable packaging trials across the UK
Unilever is expanding its refillable packaging trials across the UK, which will include the first ‘return on the go’ refill trial at Asda and Co-op stores.
CLICK HERE
The Body Shop appoints Finn Partners as U.S. PR agency of record
The Body Shop has chosen Finn Partners as its U.S. PR agency of record, according to Provoke Media.
CLICK HERE
Beauty start-up Pilgrim raises Rs13 crore in Series A funding round
Direct-to-consumer beauty start-up Pilgrim has raised Rs13 crore in a Series A funding round, led by Fireside Ventures, Rukum capital, the Founder and CEO of Bewakoof.com, and the founding teams of Boat and NoBroker, according to a report by the Economic Times India.
CLICK HERE
DevaCurl unveils rebrand alongside new products and formulas
Hair care brand DevaCurl has undergone a brand revamp and has also unveiled new products and formulas.
CLICK HERE
Unilever snaps up digital-led skin care brand Paula’s Choice
Unilever has signed an agreement to acquire DTC skin care brand Paula’s Choice from TA Associates.
CLICK HERE
US shoppers duped out of US$28 billion in 2021 by fake online reviews
Fake online reviews will be behind some US$3.96 billion of online fashion sales in the US and US$800 million of beauty and personal care buys, according to a study conducted by CHEQ and the University of Baltimore.
CLICK HERE
Marc Jacobs Fragrances hosts fundraiser to support the LGBTQIA+ community
Coty-owned Marc Jacobs Fragrances has announced that it will donate up to US$50,000 to The Lesbian, Gay, Bisexual & Transgender Community Center through an interactive social fundraiser on Cameo.
CLICK HERE
16,000 passengers boarded flights to nowhere for duty free splurge
Almost 16,000 passengers have boarded 152 flights ‘to nowhere’ in order to indulge in a tax free shopping spree, according to a report published by The Korea Herald quoting data from the Korea Customs Service.
CLICK HERE
Procter & Gamble partners with Wayfarer Studios to produce podcast
Wayfarer Studios and Procter & Gamble have teamed up to co-finance and co-produce a series of projects across film, TV and new media, starting with a podcast due to launch next week, named The Man Enough, according to a report published by The Hollywood Reporter.
CLICK HERE
Henkel closes sale of deodorant brands to Thriving Brands
Henkel has closed the sale of two deodorant brands, Right Guard and Dry Idea to Thriving Brands, effective immediately.
CLICK HERE
Unilever Bangladesh names new CEO
Unilever Bangladesh has named Zaved Akhtar as Chief Executive Officer and Managing Director, according to a report published by the Dhaka Tribune, effective July 1.
CLICK HERE
Wellness platform Fresha raises US$100 million in Series C funding round
Beauty and wellness platform Fresha has raised some US$100 million in a series C funding round led by General Atlantic with strategic participation from Huda Kattan.
CLICK HERE
Zara owner reports May sales above 2019 levels as store traffic bounces back
Inditex has reported a sales increase of some 50 percent in 1Q21 to €4.9 billion versus the prior year quarter with May sales above 2019 levels, indicating that consumption has bounced back after the pandemic shuttered stores.
CLICK HERE
Hims & Hers brings Miley Cyrus on board as Creative Advisor
Telehealth platform Hims & Hers has announced that Miley Cyrus has joined the company as Creative Advisor.
CLICK HERE
The Estee Lauder Companies leads seed round for modern grooming brand Faculty
The Estee Lauder Companies has been named as lead investor for a US$3 million seed funding round for beauty start-up Faculty, according to a report published by Essence.
CLICK HERE
Boots named as beauty partner to ITV’s Love Island
Boots has been named as the first official ‘feel good’ partner and exclusive beauty partner of ITV hit show Love Island.
CLICK HERE
Helen of Troy sells off personal care business to HRB Brands for US$44.7 million
Helen of Troy has announced that it has sold its mass market personal care business to HRB Brands for US$44.7 million in cash. The sale excludes the Latin America and Caribbean regions.
CLICK HERE
Hong Kong customs seize biggest haul to date of smuggled luxury goods
Hong Kong’s Customs and Excise Department has seized a cache of luxury goods worth some HK$120 million from smugglers, according to a report published by France24.
CLICK HERE P&G sees freight and commodity costs soar
Procter & Gamble has reported freight and commodity costs of US$600 million after tax for the current financial year to date, according to a report published by Reuters quoting the US FMCG giant’s CFO.
CLICK HERELATEST NEWS
