Best Global Brands 2021: tech dominates as Amazon, Apple and Microsoft account for 62.3 percent of the top 10’s total value
Interbrand has published its Best Global Brands ranking for 2021. This year, the top 10 was dominated by tech brands once more; Apple, Amazon, Microsoft, Google and Samsung placed first to fifth respectively, all having gained around 20 percent in value, with the top three accounting for 62.3 percent of the total value of the top 10.
Global Shea Alliances launches Shea More Love campaign to raise awareness of sustainable parkland initiative
The Global Shea Alliance (GSA) has announced the launch of its Shea More Love campaign, which has been created to raise awareness about the Action for Shea Parklands (ASP) sustainability initiative.
L’Oréal is working to appeal to online shoppers the GCC-over, with personalised digital experiences such as try-on facilities and virtual consultations, according to a report published by the Khaleej Times.
L’Oréal has announced the launch of its Valentino make-up line across travel retail outlets in Asia and the Middle East.
Nigeria has cut the ribbon on its first castor oil manufacturing firm, according to a report published by The Nation.
Unilever has wound down its Ghana Foundation as part of a wider move to manage its CSR strategy at a global level, according to a report published by Joy Online.
Procter & Gamble’s Nigerian arm has partnered with the SIL Group and Ugee Chemicals to manufacture Ariel detergent and other laundry powders as well as locally produced raw materials under one roof, according to a report published by Vanguard.
Avon Justine has named wheelchair tennis star Kgothatso Montjane as brand ambassador, according to a report published by IOL.
Procter & Gamble has joined forces with Carrefour in a bid to plant 26 forests in the UAE, as part of P&G’s #ForestsforGood campaign.
PZ Cussons-owned antiseptic brand, Camel, has launched the second tranche of its current CSR program, Because We Care, according to a report published by Peace FM.
Grooming brand Manscaped has made its debut in the Middle East, launching onto the UAE and Saudi Arabian markets.
Avon Justine has launched a performance-based rewards program in a bid to incentivize its South African sales force.
Dubai’s Emaar is reportedly mulling the sale of its fashion e-commerce business Namshi, according to a report by Reuters.
L’Oréal Middle East has seen an upsurge in online sales of 750 percent since 2018, which is said to be driven by a D2C e-commerce and e-distribution partnership with Dubai-based CNNB Solutions, according to Trade Arabia.
Benefit Cosmetics has promised to donate funds raised via its latest campaign to the Al Jalila Foundation, according to a report published by About Her.
Unilever Nigeria is having to buy dollars at almost 10 percent over the market rate due to foreign currency rationing at the West African country’s central bank, according to a report published by Bloomberg.
Flydubai has announced the launch of its new online shopping facility, according to a report published by Trade Arabia.
Huda Beauty Founder Huda Kattan has invested in sexual and feminine wellness brand Ketish via her investment fund, HB Angels.
Unilever Ghana has launched two new bars of its popular Geisha Soap, according to a report published by Joy Online. Formulated with native, natural ingredients, Geisha African Strength Moringa and Geisha African Strength Black chime with the prevailing trend towards natural and locally sourced.
Specialty chemicals supplier Nouryon has opened a new eco-friendly office and innovation center in Dubai.
Turkish e-commerce platform Hepsiburada has announced the closing of its US IPO of 65,251,000 ADSs, priced at US$12 per unit.
Coronation Asset Management has released a report revealing that Nigerian banks have responded well to the pressures of the pandemic and have proved resilient, according to a report published by Ventures Africa.
La Perla launches new collection; names Moroccan-Italian model Malika El-Maslouhi as face of its signature scent
La Perla is launching a new cosmetics collection, La Perla Beauty, and has named Moroccan-Italian model Malika El-Maslouhi as the face of its signature scent, according to a report by Arab News.
Saudi Arabia’s Food and Drugs Authority has issued a recall notice for Henna Al Madina after finding the cosmetic product to contain dangerous levels of bacteria, according to a report published by Gulf News.
Unilever is scaling up its Sunlight Women of More program, which launched last year, aiming to provide training in financial literacy to 5,000 women in 2021 – up from 50 in 2020 – and at least 100,000 female entrepreneurs in East Africa by 2026, according to a report published by KBC Channel.
The Global Shea Alliance is set to implement a pilot project of Resilient Shea Agroforestry Farm Model (RSAFM) in Nigeria.
US-Somali model Halima Aden has teased a return to the fashion world following her announcement back in October that she was quitting modelling.
YSL Beauty has reconfirmed its commitment to regenerative agriculture and ecosystem restoration in the Ourika Valley, home of its Ourika Community Gardens in Morocco.
Estée Lauder has announced South Sudanese-Australian model Adut Akech as its newest Global Brand Ambassador.
Sisley Paris has opened its biggest spa to date at the W Doha Hotel & Residences, located in the Qatar capital’s West Bay area, according to a report published by the Gulf Times.
LVMH is said to be backing Bella Hadid following her activism in support of Palestine during the ongoing conflict with Israel, according to a report by Instagram watchdog account Diet Prada.
Beiersdorf-owned Nivea has prevailed in an intellectual property suit brought against a ‘dupe’ brand in South Africa, according to a report published by the International Law Office.
L’Oréal Fund for Women will donate AED1.24 million to Shamsaha, a non-profit corporation based in Bahrain, to support its mission to protect, advocate for and empower women in the GCC.
Huda Beauty was named as the sponsor for NASCAR’s first Arab-American female driver, Toni Breidinger for her track debut at General Tire 200 at Telladega Speedway in April.
Unilever has thrown its support behind South African Athlete Caster Semenya, who was banned from defending her 800-metre gold medal at this year’s Olympic Games in Tokyo, as part of a campaign for its Lux brand.
Saudi Arabia’s Food and Drug regulator, SFDA, has drafted a regulation that, if passed into law, would require the majority of imported food products to be halal-certified, according to a report published by Salaam Gateway, quoting Gulf Trade.
Amazon is to locate its South African headquarters in the new R4 billion Cape Town development, named River Club.
Retail group Kamal Osman Jamjoom Group has acquired The Body Shop Stores (UAE), the exclusive distributor of The Body Shop and operator of The Body Shop retail outlets in the UAE.
ITP Media has launched Harper’s Bazaar Saudi and Esquire Saudi in Saudi Arabia, with permission from Saudi Crown Prince Mohammed bin Salman’s as part of his Vision 2030 strategy.
The Chairman of the Egyptian-Japanese Business Council, Ibrahim Al-Arabi has announced that Japanese cosmetics firm Saraya is set to pile US$10 million into the Suez Canal Economic Zone – the first investment to be made by a Japanese firm in the region, according to a report published by Egypt Today.
Avon is on a mission to expand its African footprint, according to a report published by CAJ News Africa, and will launch in Kenya this year.
Qatar Airways has announced a partnership with Diptyque, with the fragrance brand supplying a new line of luxury toiletries to passengers.
Dior has teamed up with Portuguese chef Jose Avillez to put together a multi-sensory menu inspired by the LVMH-owned label’s most popular perfumes, according to a report published by Hotel & Catering.
Qatar Duty Free has cut the ribbon on a rotonda for Chanel fragrances at Hamad International Airport, according to a report published by DFNI Frontier.
MAC Cosmetics has teamed up with Lebanese actress and model Nadine Nassib Njeim to create a new make-up range, named The Black Cherry x Nadine N. Njeim, according to a report by Arab News.
Dubai-based celebrity make-up artist Mohammed Hindash is set to launch his first beauty brand, named Hindash Cosmetics.
Tiger Brands has stated that it expects H1 headline earnings to rise 20 percent in the six months ending 31 March, according to a report by Reuters.
L’Oréal Paris has announced Mona Zaki as its new spokesperson for the MENA region, according to a report published by Egypt Today. The Egyptian actor and UNICEF ambassador has won several prestigious awards and was recently feted at the Cairo International Film Festival, picking up the Faten Hamama Award for Excellence.
L’Oréal FY2020: Record online sales accounts for more than a quarter of 2020 total as recovery continues
L’Oréal has announced its results for the final quarter and full year of 2020. The French beauty giant saw sales rise 4.9 percent yoy (like-for-like) in the final three months of the year for an overall drop of 4.1 percent for 2020 versus 2019.
Dior has partnered with Qatar Duty Free (QDF) on an exclusive launch of the new fragrance Tobacolor.