Interparfums signs licensing agreement for first Moncler fragrance
Perfume creator Interparfums has signed an exclusive and worldwide license agreement with Moncler.
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Beiersdorf consumer arm takes climate neutral pledge
Beiersdorf has pledged to make production for its Consumer business completely climate-neutral by 2030 as well as reducing CO2 emissions throughout the value chain by 30 percent by 2025, according to a report published by Nasdaq.
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Symrise Q1: 2.3 percent revenue rise
Symrise has announced a 2.3 percent Q1 revenue rise to 917.1 million euros ($992.85 million), falling short of analyst expectations of 933.2 million euros, according to a report by Reuters.
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Gucci resumes prototype work at Italian site
Fashion label Gucci has resumed partial prototype work at one of its main Italian sites after reaching a deal with unions concerning health and safety measures.
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Resilient? LVMH sales plummet 15 percent
LVMH has reported its results for the first quarter of the current financial year. The luxury goods manufacturer saw revenue plunge 15 percent compared to the same period in 2019, for total sales of €10.6 billion.
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Unilever joins consortium to make ventilators for UK hospitals
Unilever has become part of a consortium from the aerospace, automotive and medical sectors that will come together to create ventilators for UK hospitals.
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LVMH pledges 261 ventilators to French hospitals
LVMH is donating some 261 ventilators to French hospitals as part of its wider coronavirus response, according to a report published by Bloomberg.
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The Hut Group pledges £10 million COVID-19 aid package
The Hut Group (THG) has announced a coronavirus aid package of £10 million, with the funds being used to help key workers, vulnerable communities, and emergency services in both the UK and its international markets, according to a report by WWD.com.
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Now Chanel moves to mask production
Masks and scrubs are taking on a whole new meaning across the beauty and fashion industry. Chanel has become the latest luxury firm to announce that it is to produce surgical masks and gowns at its workshops.
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Saint Laurent, Balenciaga adapt production to create face masks in wake of shortages
Kering-owned brands Saint Laurent and Balenciaga are set to adapt their production facilities to create face masks in a bid to alleviate the shortage within France following the coronavirus outbreak, according to Reuters.
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