Clarins launches T.R.U.S.T platform using blockchain technology; provides transparency on ingredient traceability and product manufacturing
Clarins has launched its new platform named T.R.U.S.T., which uses blockchain technology and provides transparency on ingredient traceability and product manufacturing.
L’Oréal set to relocate UK corporate headquarters to London’s White City Place
L’Oreal is relocating its UK corporate headquarters from Hammersmith Broadway to Gateway Central, a new building at White City Place, London.
Revolution Beauty Founder steps down as probe continues
The Founder of Revolution Beauty, Adam Minto has left the company with immediate effect, according to a report published by the Financial Times.
Croda announces Louisa Burdett as new Group Finance Director; Jez Maiden retires
Croda has named Louisa Burdett as its new Group Finance Director, succeeding Jez Maiden who will retire from the company in 2023.
LVMH partners with Circular Bioeconomy Alliance to support African cotton farmers
LVMH is partnering with the Circular Bioeconomy Alliance in support of its latest Living Lab with a regenerative agriculture project based in Chad.
Skincare brand Facetheory achieves B Corp status
UK skincare brand Facetheory has announced it is now a certified B Corporation (B Corp) company.
Avon to move R&D operations to Brazil and Poland
Natura &Co-owned Avon has announced that it will be establishing new Research and Development operations in Brazil and Poland, two of its largest markets, and closing its existing New York-based facility.
Dufry Q3 2022: travel back in business with summer sales boost
Dufry has reported its results for the third quarter of fiscal 2022. The travel retail operator said that sales soared 58.6 percent yoy in the three months to September 30, 2022, to CHF 2115.2 million, bringing the nine-month total to CHF5.037.6, up 98.8 percent on the same period last year.
Kering could be entering the fray for Tom Ford and the markets like it
Shares in Kering rose at the close of last week as rumors that the owner of Gucci was in the running to acquire Tom Ford swirled around the markets, according to a report published by Reuters.
Air France and Clarins launch spa in JFK lounge
Air France and Clarins have teamed up to launch a new spa in the New York-JFK lounge. The new 30 sq m space is reserved for La Premiere, Business and Flying Blue Elite Plus customers.
Blackrock heralds ‘new democratic era’ for shareholders with proxy vote
Blackrock is piloting a scheme which would allow its shareholders to vote on proxy battles in a move it has branded a ‘revolution in shareholder democracy’, according to a report published by The Financial Times.
L’Oréal denies claim it has suspended advertising on Twitter
L’Oréal has denied claims from a Financial Times report that it has suspended advertising spending on Twitter, according to a report by Reuters.
L’Occitane launches new spa aboard the World Traveller ferry
L’Occitane has launched its new spa aboard the World Traveller from Atlas Ocean Voyages, according to a report by Cruise Industry News.
Beiersdorf 9M 2022: FY guidance raised as sales swell 11.1 percent
Beiersdorf has reported its results for the first nine months of the current financial year. The manufacturer of Nivea saw organic sales rise 11.1 percent on the prior-year period to hit €6,730 million and raised its full-year sales estimates accordingly to 9 to 10 percent in the consumer business.
EU to charge ‘polluting’ cosmetics firms for wastewater treatment
The European Union is mulling new legislation that would require cosmetics manufacturers to contribute to the cost of wastewater treatment, according to a report published by the Financial Times.
Will the UK lift ban on animal testing through back door bill?
A proposal by conservative MP, Jacob Rees-Mogg to wipe out some 2,400 pieces of European legislation via the Retained EU Law (Revocation and Reform) Bill has caused alarm bells to ring as it could potentially see a raft of legislation revoked without proper scrutiny, according to a report published by The Guardian.
L’Oréal names President, Mugler Fashion and Fragrances
L’Oréal has named Daniele Lahana-Aidenbaum Global President of its recently acquired Mugler fashion and fragrance brand, according to a report published by Fashion Network, effective immediately.
THG shares rise as sales forecast reaffirmed
THG shares have been boosted by an announcement that the British e-commerce operator expected to meet its previously published full-year guidance as demand for beauty products proves resilient in the face of rising inflation, according to a report published by Reuters.
Unilever reports record Q3 12.5 percent price increase; raises sales guidance for the year
Unilever has posted underlying price growth of 12.5 percent in Q3, with turnover increasing by 17.8 percent to 15.8 billion euros (£13.7 billion) over the quarter.
Estée Lauder Companies appoints Chris Reid as Vice President General Manager of Commercial, ELC UK & Ireland
Estée Lauder Companies (ELC) has appointed Chris Read as Vice President General Manager of Commercial, ELC UK & Ireland, effective 1st January, 2023.
L’Oréal sued over hair straightening-products cancer claims
L’Oréal is being sued by a Missouri plaintiff who claims she has developed uterine cancer as a result of using hair straightening products by the French beauty giant, according to a report by Reuters.
Luxe beauty brand La Bouche Rouge teams up with footwear brand Gianvito Rossi on limited-edition upcycled capsule
Luxury beauty brand La Bouche Rouge has teamed up with footwear brand Gianvito Rossi on a limited-edition upcycled capsule, according to a report by WWD.com.
L’Occitane continues ‘positive momentum’ with 24.9 percent Q2 sales growth
L’Occitane has reported ongoing ‘positive momentum’ despite ‘ongoing headwinds’ in certain markets, with sales growth in the three months ended 30 September 2022 accelerating to 24.9 percent at reported rates or 16.2 percent at constant rates.
Beiersdorf names Florian Wolfram new General Manager, Beiersdorf Canada
Beiersdorf has named Florian Wolfram as its new General Manager, Beiersdorf Canada.
Ganni teams up with Submission to launch beauty line
Scandi fashion brand Ganni has unveiled its first foray into the cosmetics world – a line of biodegradable cosmetic glitter produced in collaboration with Submission Beauty.
Henkel names President for Benelux region
Henkel has named Stefan Pichler President of its Benelux unit, and General Manager Henkel Consumer Brands, Benelux, succeeding Ivan De Jonghe, who is leaving the company, according to a report published by Retail Detail.
Inolex debuts new corporate identity
Inolex has launched a new corporate identity developed in partnership with Pentagram over the course of a year.
Remy Cointreau debuts luxury perfume house, Maison Psyche
Alcohol brand Remy Cointreau has announced the launch of a luxury perfume house, Maison Psyche.
L’Oréal teams up with Meta and HEC Paris to launch start-up accelerator
L’Oréal, Meta and HEC Paris are teaming up to launch an accelerator for Metaverse-focused start-ups, according to a report published by Metaverse Insider.
L’Oréal Q3 results; mass outpaces luxury as cost of living crisis bites
L’Oréal has reported Q3 12.0 percent like-for-like sales growth, with the Luxe division falling short to the mass Consumer Products division as the cost of living crisis continues to sway consumer purchasing decisions.
Douglas appoints Sander van der Laan as Chief Executive Officer; Tina Müller joins the supervisory board
European retailer Douglas has appointed Sander van der Laan as its Chief Executive Officer, effective 1st November, 2022.
London’s West End bosses hit back at Jeremy Hunt’s axing of VAT shopping
Retail bosses in London’s West End have hit back at Chancellor of the Exchequer Jeremy Hunt scrapping VAT free shopping, stating it would deliver a ‘hammer blow’ to the recovery of London’s shopping district, according to a report by the Standard.
Revolution Beauty’s Chairman and CEO step down
The Executive Chairman and Chief Executive Officer of Revolution Beauty have announced that they will be stepping down from their roles temporarily while the company is independently audited, according to a report published by Reuters.
Loop Industries and L’Occitane pilot 100 percent recycled PET resin bottle
Loop Industries and L’Occitane en Provence have unveiled the first fruits of their partnership, aimed at helping the French natural beauty brand to meet a key sustainability target to use 100 percent recycled PET in its bottles by 2025. The pilot sees the brand’s Almond Shower Oil housed in a bottle produced using 100 percent recycled PET resin.
New survey finds shoppers don’t trust sustainability claims
A new survey conducted by Provenance and London Research reveals that while 91 percent of British shoppers and 89 percent of US consumers say that sustainability and ethics are important considerations in their purchasing decisions when buying beauty and wellness products, some 79 percent have difficulty trusting brands’ sustainability claims.
Search for sustainable kerosene advances with €30 million grant
International research project, Care-o-Sene (Catalyst Research for Sustainable Kerosene) has been granted €30 million in funding by the German Federal Ministry of Education and Research.
No7 teams up with AllBright on menopause campaign
WBA-owned No7 has launched a new initiative in partnership with AllBright designed to give perimenopausal and menopausal individuals practical support and expert advice to tackle the challenges that menopause presents in the workplace.
Unilever unveils new structure with 5 business groups
Unilever has announced that it has moved to an operating model organised around five business groups, namely Beauty & Wellbeing, Personal Care, Nutrition, Home Care and Ice Cream. Each is focused on particular categories and brands and is fully responsible and accountable for its own strategy, growth and profits delivery globally.
Superdrug ushers in price freeze to help shoppers feeling the pinch
AS Watson-owned Superdrug has announced that it is freezing the prices of some 5,000 beauty products in a bid to help shoppers amid a steep rise in the cost of living, according to a report published by the Retail Gazette.
Former Sephora stores reopen in Russia; renamed as Ile de Beauté
Former LVMH-owned Sephora stores reopen in Russia under the new ownership of Ile de Beauté.
LVMH Q3 beats estimates thanks to the resilience of luxury market
LVMH has beaten industry estimates with its Q3 results thanks to continued demand for high-end handbags as well as champagne.
Chanel appoints new all-female Global Creative Make-up Partners
Chanel has announced the appointment of make-up artists Ammy Drammeh, Cécile Paravina and Valentina Li as Global Creative Make-Up Partners, according to Dazed.
Henkel issues recall for Joico hair dye
Henkel has issued a voluntary recall notice for a batch of its Joico Blonde Life Lightening Powder hair dye in response to reports of faulty packaging, affecting some 5,979 units.
Medmix names new Head of Geka
Medmix has appointed Oliver Vogel as the new Head of its beauty brand Geka, effective immediately.
Dove brings its real beauty campaign to the metaverse
Unilever-owned Dove is launching Real Virtual Beauty, a series of actions supported by partners across the games industry designed to shatter beauty stereotypes and equip the next generation of players and creators with the tools they need to build self-esteem and body confidence.
Guess who’s back? Sephora to relaunch in UK as online store
Sephora is set to re-launch onto the UK market, according to a report published by Vogue Business. The LVMH-owned retailer will make its re-entry as an online store in this latest iteration.
Now Valentino announces blackouts
Valentino has announced that it will be switching off the lights in stores at 10pm each night in a bid to help save energy among the ongoing threat of shortages this winter, according to a report published by Reuters.
Henkel launches new B2B hair care brand, SalonLab&Me
Henkel-owned Schwarzkopf Professional has announced the launch of a new salon brand, SalonLab&Me, which combines hairdresser expertise with a digital experience offering clients hyper-personalized hair care recommendations to match their hair type.
Beauty Pie report shows cost-of-living crisis is driving era of financially inclusive beauty
A new report by Beauty Pie has discovered that the cost-of-living crisis is driving an era of financially inclusive beauty.
Rimmel announces Olympic diver Tom Daley as its first global male ambassador
Rimmel has announced British Olympic diver Tom Daley as its first global male ambassador.
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