Henkel: we see huge potential in Iran
Henkel has revealed that it will continue to operate in Iran despite the uncertainty caused by tensions between the country and the US over the former’s nuclear deal, according to a report published by Xinhua. “We see huge potential in Iran, it is a market with a...
Tunisia plans to raise cosmetics importation tax to help cut budget deficit
The Tunisian government has come up with ambitious plans to help cut the budget deficit, which could include raising custom taxes on foreign cosmetics importation. Ridha Saidi, aid to Prime Minister Ridha Chalgoum, told Reuters, “We will raise some customs taxes on...
Female make-up moguls behind Lavie and Kiyomisandz storm Forbes Africa’s 30 under 30 Entrepreneurs list
A series of talented young women made Forbes Africa’s Class of 2017 30 under 30 entrepreneurs list, according to a report published by The African Exponent, among them the owners of the region’s most promising beauty brands. Women make-up a third of the high-profile...
PZ Cussons invests Sh30 million into Kenya business
PZ Cussons is hoping to build its Kenyan operations, despite the country’s recent economic hardship, according to a report published by Capital FM. The UK-based manufacturer of Imperial Leather soap will invest Sh30 million to raise consumer awareness, usher in...
Gluttony: Israeli ministry accuses P&G, Unilever and Colgate-Palmolive et al of treating consumers with contempt
A statement released by Israel’s Minister of Economy and Industry, Eli Cohen, has accused several FMCG manufacturers of ‘gluttony’ and treating Israeli consumers with ‘contempt’, according to a report published by Bloomberg BNA. The strongly worded statement was...
AEEI expands health and beauty division with Orleans Cosmetics acquisition
African Equity Empowerment Investments Limited (AEEI) has announced the acquisition of a majority stake in South African cosmetics distribution company Orleans Cosmetics, according to a report by Business Report. Said to be a strategic move to complement it's health...
Is Sephora coming to Israel?
Sephora and Carrefour are rumored to be considering setting up shop in Israel after fellow French retailer Decathalon’s successful launch in the market, according to a report published by Globes. Having opened its first branch last week, Decathalon was forced to close...
She Leads Africa teams up with L’Oréal’s Dark and Lovely to launch South Africa’s first start-up accelerator for female entrepreneurs
She Leads Africa and L’Oréal-owned Dark and Lovely have teamed up to launch a program hailed as Africa’s first start-up accelerator for female beauty entrepreneurs, according to a report published by the International Business Times. Some 200 applications have been...
Charlotte Tilbury moves in to the Middle East; 3 store openings planned
Charlotte Tilbury has chosen the Middle East region as the first stop on its quest to expand internationally, according to a report published by Vogue magazine. The UK make-up brand will open three stores across the region thanks to a franchise partnership with M.H...
Dubai’s Dafza looks to boost halal investment with new industries guide
The Dubai Airport Freezone Authority (Dafza) is eyeing foreign investment opportunities with the launch of its new halal industries guide. The guide is said to help the country achieve its aim of becoming the capital of the Islamic economy from 2017-2021 and...
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