2019: the year Africa got noticed
Over the past 12 months there has been a noticeable gear change in the amount of attention on Africa from cosmetics and beauty brands both domestic and international.
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Unilever Israel shrinks pack size as production costs soar
Unilever Israel has announced that it will be increasing the effective price of select products by ushering in smaller pack sizes, in order to recoup increased production costs, according to a report published by Globes. The Anglo Dutch FMCG retailer is said to have...
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Teddy Sagi snaps up Wow Cosmetics
Billionaire Teddy Sagi has struck a deal to acquire Israeli make-up brand Wow Cosmetics for US$15.7 million via his London-based Fiver firm, according to a report published by Globes. The deal will allow the brand to launch an e-commerce site as well as expand its...
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Kiko Milano expands into Saudi Arabia with new retail partnership
Italian beauty brand Kiko Milano will enter the Saudi Arabian market as part of a partnership with Saudi franchise retailer Fawaz Abdulaziz Alhokair & Company. Having signed a licensing agreement, the retailer will launch the brand exclusively into Arabian Centre...
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Mum’s the word: Kenya’s MumsVillage launches online shop
Kenyan parenting website MumsVillage has launched an online shop to sell mum and baby products, according to a report published on Business Insider by Pulse. The online community participated in impact investor Gray Matters’ digital acceleration program earlier this...
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Strike action hits Dis-Chem’s earnings
South African pharmacy chain Dis-Chem’s earnings missed analyst estimates after industrial action affected performance in the final quarter of the year, according to a report published by Reuters. The drugstore operator was expected to report earnings of 87 cents per...
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Long4Life shares soar as sales jump to ZAR3.6 billion
Shares in South African investment firm Long4Life leapt 5 percent last week as the company posted better-than-expected sales for fiscal 2018 – it’s first full-year report since it listed on the South African stock exchange in 2017, according to a report published by...
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Italian cosmetic chain KIKO Milano opens first Israeli stores
Italian cosmetics chain KIKO Milano has opened its first store in Ramat Gan's Ayalon Mall Israel, according to a report by Globes. While no official launch event took place, the opening was said to be popular with local consumers, with the chain being brought to...
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EX1 cosmetics launches in the Middle East
A foundation brand that boasts Kylie Jenner, Britney Spears and Cardi B among its fans is launching onto the Middle Eastern market for the first time, according to a report published by Emirates Woman. EX1 will be sold via online beauty retailer Boutiqaat. Founded by...
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Chanel grows Middle Eastern presence with first Israel-based stores
Chanel is expanding its business internationally with the opening of its first Israel-based stores in TLV Gindi shopping mall in Tel Avi, as well as Ramat Aviv Mall, according to a report by Globes. The two retail spaces are currently undergoing renovation and are...
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