Social media #VogueChallenge goes viral – promotes diversity in fashion
A new trend has gathered momentum online with consumers flocking to social media to re-create Vogue covers in the #VogueChallenge, in a bid to promote diversity in the fashion industry, according to a report by CNN.
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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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Half of our sales will be digital thanks to lockdown, says L’Oréal CDO
L’Oréal’s Chief Digital Officer Lubomira Rochet has revealed that lockdowns around the globe have accelerated the shift to digital and could have fundamentally changed the way consumers shop for beauty forever, according to a report published by the Financial Times.
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Irish salons: we need PPE to prepare for early reopening
The Irish Spa Association has called on the government to help salons and spas source adequate PPE should the date for reopening be bought forward, according to a report published by The Times.
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Unilever ditches dual-headed legal structure in favor of single entity based in London
Unilever has announced that it plans to unify its group legal structure under a single parent company, Unilever PLC, creating a simpler company with greater strategic flexibility that is ‘better positioned for future success’.
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Unilever renews strategic partnership with Ellen MacArthur Foundation
Unilever has renewed its strategic partnership with the Ellen MacArthur Foundation for a further three years.
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The Body Shop launches first 100% vegan bronzing range Coconut Bronze
The Body Shop has announced the launch of its first 100% vegan bronzing range, Coconut Bronze, capitalizing on the growing trend for animal-free products, according to Vegan Food and Living.
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Munroe Bergdorf makes amends with L’Oréal following race row; re-joins company on diversity board
L’Oréal has rehired Munroe Bergdorf to sit on its diversity board, three years after sacking the black transgender model for speaking out about racism.
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London’s Covent Garden to reopen next week
London’s Covent Garden district is set to reopen to shoppers next Monday, June 15, according to a press release issued by the retail and dining destination.
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Puig snaps up majority stake in Charlotte Tilbury
Puig has announced a partnership with British make-up brand Charlotte Tilbury. The Spanish fragrance manufacturer will acquire a majority stake in Charlotte Tilbury, with eponymous founder retaining a ‘significant’ minority stake.
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BASF named as biggest beneficiary of Bank of England loan scheme
BASF is set to borrow £1 billion from the Bank of England under its emergency coronavirus loan scheme, making the German chemicals firm the biggest beneficiary of the government-backed fund, according to a report published by The Guardian.
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LVMH Tiffany deal in doubt as U.S. market deteriorates
LVMH’s purchase of Tiffany & Co is said to be in doubt, with LVMH board members thought to have recently held a meeting regarding the matter, according to a report by WWD.com.
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CODE8 announces Alexa Chung as first brand ambassador
London-based luxury make-up brand CODE8 has announced British model Alexa Chung as its first Brand Ambassador.
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L’Occitane appoints Anomaly Global Agency of Record
L’Occitane has bought on Anomaly as its agency of record, according to a report published by Ad Week, thereby ending its relationship with DDB Paris.
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Givaudan snaps up bio-tech expert Alderys
Givaudan has announced that it is to acquire French biotech company Alderys. Terms of the deal were not disclosed but Alderys’ business would have represented €3 million of incremental revenues to Givaudan’s results in 2019 on a pro forma basis.
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Walgreens Boots Alliance announces first ever digital skincare launch for ‘next generation’ No7 product
Walgreens Boots Alliance (WBA) has announced its first ever digital skincare launch for the ‘next generation’ product, the No7 Advanced Retinol 1.5% Complex Night Concentrate.
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Fashion organization Reference Festival is set to host the world’s first Animal Crossing fashion show, with avatars dressed up in clothes inspired by the likes of Prada, Loewe and GmbH.
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Gucci goes ‘seasonless’ and slashes annual shows down to two in the wake of COVID-19
Gucci has announced it is to become ‘seasonless’ in the wake of the coronavirus pandemic and will streamline its annual shows down from five to two.
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Crayola partners with MOB Beauty CEO to inform skin color crayon range
Crayola called on the expertise of a former MAC chemist to help put together a collection of crayons designed to promote diversity.
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Dzintars’ creditors claim €16.96 million
Creditors of bankrupt firm Dzintars have submitted claims for some €16.96 million, according to a report published by Baltic News Network.
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Group Arnault acquires minority stake in Lagardère SCA
Bernaud Arnault has acquired a minority stake in publishing and retail group Lagardère SCA through his Group Arnault holding, according to a report by WWD.com.
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Kylie Skin launches in Europe in exclusive Douglas partnership
Kylie Skin has launched onto the European market today in an exclusive partnership with beauty retailer Douglas.
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Henkel climate change goals approved by Science Based Targets initiative
Henkel has announced that its science-based emission reduction targets have been approved by the Science Based Targets initiative (SBTi) as being in line with levels required to meet the goals of the Paris Agreement.
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L’Oréal Paris names women’s rights activist Jaha Dukureh as new international spokesperson
L’Oréal Paris has named women’s rights activist Jaha Dukureh as its new international spokesperson.
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SheaMoisture UK announces £40,000 fund to help minority-owned salons during COVID-19
SheaMoisture UK has announced a £40,000 fund to help support minority-owned salons survive the coronavirus pandemic.
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Unilever launches 14-day mental wellbeing resilience programme
Unilever has created a mental wellbeing programme for its global workforce, according to a report published by Employee Benefits.
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L’Oréal welcomes Myriam Cohen-Welgryn as President, Active Cosmetics
L’Oréal has announced the appointment of Myriam Cohen-Welgryn as President of its Active Cosmetics division.
CLICK HERE Unilever to provide hygiene kits to Uber drivers
Unilever International has teamed up with taxi service Uber to provide hygiene kits for drivers and couriers in the UK.
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L’Oréal’s top executive takes a pay cut as dividend increase cancelled
L’Oréal has announced that its Board of Directors has decided to renounce the planned 10.4 percent increase in dividend for this year, and instead pay out at 2019 levels. The Board has also cancelled share buyback operations for the remainder of the year.
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Walgreens Boots Alliance on the hunt for marcomms partner
Walgreens Boots Alliance has launched a global RFP (request for proposal) process in order to find a marketing and communications agency, according to a report published by PR Week.
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Henkel escapes COVID-19 outbreak largely unscathed as sales dip a modest 0.8 percent
Henkel has been spared the nose-diving sales experienced by other cosmetics manufacturers over the first quarter of fiscal 2020. The German producer of Schwarzkopf reported a modest 0.8 percent drop in group sales over the first three months of the year to €4.9 billion.
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TFWA World Exhibition & Conference cancelled due to COVID-19
The Tax Free World Association has decided to cancel the 2020 edition of the TFWA World Exhibition & Conference, scheduled for September 27 to October 2.
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Avon branches out into facemasks
Avon is set to stock a series of protective fabric face masks alongside its lipsticks and moisturisers, according to a report published by ITV.
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IFF and DuPont release further details on planned merger
International Flavors & Fragrances and DuPont have shared the guiding purpose and vision, operating model and Executive Committee for the intended combined company following their, previously announced, planned merger.
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Next to debut beauty halls in ex Debenhams spaces
Next is taking its burgeoning beauty business into bricks and mortar, according to a report published by the BBC.
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Beiersdorf invests in sustainable aerosol solutions
Beiersdorf has acquired an equity stake in UK-based Salford Valve Company, an engineering company developing aerosol valves for use with ecologically sustainable propellants.
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Givaudan issues €1 billion bonds
Givaudan has announced the successful dual tranche placement of €1 billion in senior debt notes.
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Online marketplaces Amazon and eBay to be liable for faulty goods, says Beuc
European Consumers’ Organisation Beuc has stated that online marketplaces such as Amazon and eBay should be held responsible for any faulty or unsafe goods sold via its platforms, according to a report by the Financial Times.
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Beiersdorf Q1: hand cream is in, sunscreen and La Prairie is out
Beiersdorf has released preliminary Q1 results, with sales of La Prairie skin care as well as its sunscreen products hit by the drastic fall in travel retail, while sales of hand cream, hand wash and plasters have risen, according to a report by Reuters.
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Superdrug slashes rent payments to landlords as it cites ‘unprecedented decline’ in footfall
UK retailer Superdrug has slashed its rent payments to landlords amidst an ‘unprecedented decline’ in footfall amidst the coronavirus crisis, according to a report by the Financial Times.
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L’Occitane Q4 2020: sales down a modest 1.6 percent to €338 million in 3 months to March 31
L’Occitane has announced an unaudited quarterly update for the period ended March 31, 2020. The group revealed that sales over the full year climbed 15.2 percent (reported; 12.8 percent constant), despite a lull in the last quarter.
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The Hut Group moves into freight with launch of THG Air
The Hut Group is taking distribution into its own hands. The global consumer brand group has announced a partnership with Singapore Airlines as well as the purchase of two cargo planes in order to launch THG Air.
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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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Henkel Beauty Care Professional to debut digital hair festival
Henkel Beauty Care Professional is gearing up to debut a digital event that it’s describing as the first 24hr global online hair festival tomorrow.
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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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Reckitt Benckiser teams up with Hilton to launch Hilton Cleanstay program
Reckitt Benckiser (RB) has teamed up with hotel chain Hilton to launch the Hilton Cleanstay program, as it looks to deliver an ‘industry-standard of cleanliness and disinfection’ following the coronavirus pandemic.
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Unilever, Estée Lauder Companies, and L’Oréal et al eye up Charlotte Tilbury acquisition
Unilever, L’Oréal, and Estee Lauder Companies are among the suitors said to be looking to buy celebrity make-up brand Charlotte Tilbury, according to a report by Bloomberg.
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L’Oréal implements program to support French salons ahead of easing lockdown rules
L’Oréal has announced further support to French salons ahead of their alleged reopening on 11th May as lockdown measures start to ease in the country.
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Beiersdorf top managers take temporary 20 percent pay cut to reduce costs
Beiersdorf top managers are to waiver 20 percent of their fixed compensation between April and December in a bid to cut costs amid the ongoing COVID-19 pandemic, according to a report by Reuters.
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Cosmoprof cancels 2020 show; launches digital format WeCosmoprof
Organisers of Cosmoprof Worldwide Bologna have announced the cancellation of the 2020 show, instead launching a digital edition to try and maintain relationships within the beauty industry.
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