The Hut Group to spin off beauty business next year
The Hut Group has announced plans to separate its THG Beauty division and list it on a public share trading exchange in 2022.
Avon revamps digital sales model as clicks replace calls
As part of its 135th anniversary celebrations, Avon has unveiled a series of new features for its Avon On platform as well as a new compensation model for Representatives, dubbed Avon Rewards and a beefed up CSR fund of US$1.35 million for women’s causes around the world.
L’Occitane appoints André J. Hoffmann as new CEO
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Beiersdorf increases production network with new plant for Central Europe; lays cornerstone
Beiersdorf is set to expand its production network, with the personal care giant having laid the cornerstone for a new plant in Leipzig, Germany.
Clarins expands live video shopping via long-term agreement with Bambuser
Clarins has entered into a new long-term agreement with Stockholm-based software company Bambuser to expand its live video shopping concept to its subsidiaries worldwide.
British supermarket Tesco launches in-store refillable trial
British supermarket Tesco has launched an in-store trial that will allow consumers to purchase beauty, household and food and drink products in reusable packaging as part of its strategy to cut down on single use plastic waste.
3M to close Swansea factory; 89 jobs lost
3M has announced the closure of its manufacturing facility in Swansea, Wales, according to a report published by The Herald.
Nestle predicts price hikes as inflation rises
Nestle is expecting the cost of raw materials and labor to soar over the next 12 months, and expects to pass on any input cost inflation to consumers via price hikes, according to a report published by Fox Business.
Unilever shuffles US$3.3 billion global media accounts
Unilever has announced its agencies of record worldwide after a US$3.3 billion global media pitch, according to a report published by Campaign.
LVMH joins forces with Unesco to spotlight commitment to biodiversity
LVMH is joining forces with UNESCO at the IUCN World Conservation Congress in Marseille from September 3-11 to present its shared commitments to protecting biodiversity within the scope of the Man and Biosphere (MAB) program.
Look Fantastic spotlights global cities most affected by environmental influences; highlights skin hotspots
Looking to highlight skin hotspots, beauty e-tail site Look Fantastic has unveiled research that highlights which global cities are most affected by environmental influences, including pollution, average temperatures and smoking prevalence, with Edinburgh being the cleanest.
L’Occitane publishes ‘nature positive’ biodiversity strategy
Following its visit to the International Union for Conservation of Nature Congress in Marseille, the L’Occitane Group has announced the guiding principles of its biodiversity strategy.
Symrise to be admitted to Germany’s Dax
Symrise has announced that the German Stock Exchange has decided to admit the ingredients supplier into the DAX, effective September 20.
Charlotte Tilbury gains Leaping Bunny certification
Charlotte Tilbury has announced that it is now Leaping Bunny approved by Cruelty Free International.
Symrise dives into decorative cosmetics with investment in Kobo Products
Symrise has announced that it has bought a 25 percent stake in Kobo Products, a powder dispersion specialist for the beauty industry. Terms of the deal were not disclosed.
Arnault cuts ties with Lagardere
Bernard Arnault has ended his shareholder agreement with Arnaud Lagardere, according to a report published by Reuters.
DFS promotes Ariel Gentzbourger to Executive Vice President Merchandising
DFS has announced the promotion of Ariel Gentzbourger, formerly Senior Vice president Beauty and Fragrance, to Executive Vice President Merchandising.
Bernard Arnault sells stake in supermarket group Carrefour
Beauty mogul Bernard Arnault has sold his 5.7 stake in supermarket group Carrefour, via his Financiere Agache holding group, according to a report by Reuters.
Boots looks to increase footfall with in-store makeover
UK beauty retailer Boots is looking to bolster footfall in store with a series of makeovers across 30 of its regional shops.
German logistics firm Trans-o-Flex looks to boost growth with European expansion
German logistics firm Trans-o-Flex is looking to boost its growth by expanding into neighbouring European countries, according to Reuters.
Douglas Q3: sales ‘significantly boosted’ despite lockdowns
Douglas has announced its results for the third quarter of the current financial year. The German drugstore chain saw sales ‘significantly boosted’ in the April-June period, up 16.8 percent to €644 million.
Galeries Lafayette to grant franchises for seven more stores
Galeries Lafayette has announced that it plans to grant franchises for seven locations to Societe des Grands Magasins.
Dove and The Body Shop join forces to advocate for animals
Unilever’s Dove and Natura &Co-owned The Body Shop are joining forces to become a collective voice for animals in the ongoing row over the ECHA’s testing requirements. The duo will partner with the world’s leading animal protection groups to call on the EU and UK governments to protect their animal testing bans.
Chanel buys jasmine fields to safeguard No.5
Chanel is taking supply chain surety to a whole new level, purchasing 10 hectares in the South of France where the jasmine used in its signature fragrance, No.5, is grown, according to a report published by Reuters.
Yooma Wellness acquires Vitality CBD
Yooma Welnness has announced that it has acquired Vitality CBD in a transaction valued at up to £10.2 million.
UK retailer Boots teams up with Deliveroo on delivery trial
UK health and beauty retailer Boots has started a trial with delivery service Deliveroo, which will see 14 stores in areas such as Edinburgh, Nottingham, Birmingham and London take part in a pilot scheme to allow consumers to purchase items for delivery.
Unilever faces expulsion from UK government-backed Prompt Payment Code over payment performance
Unilever is facing expulsion from the UK government backed Prompt Payment Code unless the company improves its payment performance, according to a report by The Times.
John Lewis launches first investment products
John Lewis is branching out in the world of banking with the launch of its first investment products to customers.
Dior stands by Depp with Sauvage Elixir launch
Dior appears to continue to be unphased by the UK High Court’s ruling that a story alleging Johnny Depp hit his then-wife Amber Heard were ‘substantially true’; the actor is once again the star of the LVMH-owned brand’s latest fragrance campaign.
PETA and Symrise to take challenge to REACH animal testing requirement to ECJ
PETA has released a statement concerning a challenge to the European Chemicals Agency (ECHA) requirement that tests, in which animals are forced to ingest or inhale ingredients used exclusively in cosmetics, must be carried out under the Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) Regulation.
P&G named as supplier of top Dutch soccer league, Eredivisie
Procter & Gamble has signed up as a supplier of the Netherlands’ top soccer league, the Eredivisie, according to a report published by Sports Business. The deal spans two seasons and will be headed up by the US FMCG manufacturer’s Gillette brand.
Employees at Natura Siberica rebel against new management
Employees at Russian beauty brand, Natura Siberica are rebelling against the company’s new management following the death of the brand’s Founder, according to a report published by RT.
Is Unilever Peltz’ next target?
Last week we reported on Nelson Peltz’ decision to step down from the Procter & Gamble board – and now it looks like the infamous activist investor could be poised to make waves at Unilever, at least if a report published by the Financial Times is to be believed.
L Catterton snaps up majority stake in Beauty Industry Group
L Catterton is set to acquire a majority stake in hair extension platform Beauty Industry Group. Terms of the transaction were not disclosed.
Unilever’s Sure expands sponsorship of The Hundred
Unilever-owned deodorant brand, Sure has expanded its sponsorship of cricketing tournament The Hundred, according to a report published by Sport Business.
Will the UK backtrack on cruelty-free cosmetics?
Cruelty Free International has raised the alert after being informed by the Home Office that the UK government could be reconsidering its policy on animal testing for cosmetics, according to a report published by The Guardian.
Dufry 1H 2021: gradual recovery as sales hit 50 percent of 2019 levels in July
Dufry has reported a turnover of CHF1,187.2 million for the first half of 2021, 69.5 percent down on 2019 levels. The travel retail operator said that the resumption of travel in the US, Central America and parts of EMEA was driving a gradual recovery.
Lagardere 1H revenue up 5 percent despite uncertainty in travel retail channel
Lagardere has reported its results for the first half of the current financial year. The group saw revenue increase 5 percent like-for-like on the same period in 2020 thanks to an exceptional performance from its publishing arm.
L’Occitane reports 27.7 percent sales growth in FY2022 Q1; L’Occitane en Provence and Elemis drive growth
L’Occitane has reported a 27.7 percent sales rise in FY2022 Q1 to €337.2 million, with brands L’Occitane en Provence, Elemis and emerging brands said to be driving growth.
Campaign group demands ‘toxic’ hair products aimed at Black women be removed from stores
Campaign group Level Up is calling that ‘toxic’ hair care products aimed at Black women be removed from shelves, targeting hair care companies such as L’Oréal, Revlon and Motions.
Wavemaker wins US$400 million L’Oréal media account
Media agency Wavemaker has won a US$400 million media account to represent L’Oréal in the DACH region (Germany, Austria and Switzerland).
Beiersdorf returns to pre-pandemic glory with H1 2021 growth
Beiersdorf has returned to pre-pandemic glory with sales in the six months ending 30th June growing 16.2 percent in organic terms to 3.87 billion euro.
Warpaint London announces John Colier as Independent Non-Executive Director
Color cosmetics company Warpaint London has announced the appointment of John Collier as an Independent Non-Executive Director, according to stockmarketwire.com
The Body Shop and John Lewis named and shamed by UK government for paying less than minimum wage
The UK government has released a statement naming and shaming some 191 employers who have underpaid workers, including The Body Shop, John Lewis, numerous independent hair and beauty salons and media agency Grey London.
Richemont appoints two new Board Members
Richemont has announced the nominations of Jasmine Whitbread and Patrick Thomas for election to the Board of Directors. Their appointments are subject to the approval of shareholders at the 2021 AGM to be held on September 8, 2021.
LVMH chief Bernard Arnault usurps Jeff Bezos as world’s richest man as Amazon Q2 sales fall short of analyst expectations
VMH CEO Bernard Arnault has beaten Amazon’s Jeff Bezos to take the title as the world’s richest person, with Bezos’ net worth dropping US$13.9 billion last week following Amazon’s Q2 earnings falling short of analyst expectations.
L’Oréal partners with period tracking app Clue to advance knowledge on relationship between skin health and the menstrual cycle
’Oréal has announced a partnership with period tracking app Clue, which will see the two companies work towards better understanding the relationship between skin health and the menstrual cycle.
The Hut Group acquires online premium retailer Cult Beauty
The Hut Group has announced the acquisition of online premium retailer Cult Beauty in a £275 million deal.
Will make-up sales take flight? Dior Beauty debuts fall colour collection
Dior Beauty has launched its fall make-up collection, according to a report published by CR Fashion Book. The LVMH-owned brand’s Birds of a Feather line plays with the concepts behind its whimsical title, with looks for both early birds and night owls and features a feather motif.
Planity raises €30 million in funding round
A year after attracting investment to the tune of €10 million, Planity has raised €30 million in a Series B funding round, according to a report published by WWD.
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