Louis Vuitton taps Pharrell Williams as new Men’s Creative Director
Louis Vuitton has named musician Pharrell Williams as its new Men’s Creative Director, effective immediately.
Clarins to open second production plant in France
Clarins is set to increase manufacturing of its cosmetic offering with the imminent opening of a new production plant located in Sainte-Savine in the Parc du Grand Troyes, France.
L’Oréal FY 2022: sales soar 10.9 percent LFL to €38.26 billion
2022 will go down as the year that L’Oréal put the pandemic well and truly behind it; the French beauty behemoth reported sales growth of 23.4 percent in fiscal 2022 compared to 2019 figures and yoy growth of 10.9 percent LFL, bringing the total to €38.26 billion.
Has the CBD bubble burst? Love Hemp calls in the administrators
The UK’s #1 supplier of CBD-based products, Love Hemp has called in the administrators. The wellness brand has been ‘unable to secure a permanent solution for its working capital challenges’.
Clarins opens Dublin day spa
Clarins has cut the ribbon on a boutique and spa in Dublin – the first of its kind to be opened in the UK & Ireland market, according to a report published by the Dublin Gazette.
Unilever FY2022: price hikes push sales up 9 percent
Unilever has announced its results for fiscal 2022. The UK-based FMCG manufacturer reported underlying sales growth of 9 percent, driven by all units, with price growth of 11.3 percent and volumes dropping 2.1 percent.
Beauty manufacturers – including L’Oréal, Unilever and BASF – call for worldwide ban on animal testing
More than 35 cosmetics manufacturers and suppliers, industry associations and animal protection organisations, among them BASF, Beiersdorf, Unilever and L’Oréal, are working together to end animal testing for good by launching the International Collaboration on Cosmetics Safety (ICCS).
Bring back tax-free shopping; British Beauty Council lobbies UK Chancellor
The British Beauty Council has backed calls for the UK government to reinstate VAT-free shopping for international tourists amid claims that the re-introduction of the scheme could bring the treasury revenues of £350 million each year.
No7 brings back Creator Collective for second year
Walgreens Boots Alliance has brought back its No7 influencer skincare education programme, named Creator Collective, for a second year.
The British Beauty Council launches Future Talent Programme
The British Beauty Council has launched the Future Talent Programme, an industry initiative that aims to inspire and educate young people in the most formative years of their educational careers.
Avon champions gender equality with ‘Embrace Your Power’ launch
Avon is rebranding and this time is focused on championing gender equality.
Armani Makeup taps into Gen Z with K-pop star Hanni appointed
Armani Makeup is tapping into the Gen Z audience with the appointment of K-pop star Hanni as its newest Global Makeup Ambassador.
Sex sells: Isamaya Ffrench launches lipstick collection
Make-up artist Isamaya Ffrench has launched her new ‘NSFW’ lipstick collection with phallic-shaped packaging, according to a report by Fashionista.
Kelpi raises £3 million in seed round to develop plastic alternative
Kelpi has raised some £3 million in a seed round to help develop bioplastic, according to a report published by UK Tech News.
Wype launches feminine pH gel
Wype has launched a new wellness product for use below the waist. Vive La V is described as a natural feminine pH gel designed to freshen up delicate bits.
Croda acquires Solus Biotech to expand actives business in Asia
Croda has announced that it has agreed to acquire Solus Biotech from Solus Advanced Materials for KRW350 billion on a debt-free, cash-free basis. The deal is subject to regulatory approval.
Kering appoints CEO for Kering Beauty
Kering has announced the appointment of Raffaella Cornaggia as CEO of the newly created Kering Beaute. She joins Kering from The Estee Lauder Companies where she has held numerous senior roles, most recently SVP and GM International Business – Estee Lauder & Aerin.
Unilever, P&G and BASF join first cross-sector collaboration to reduce greenhouse gas emissions
Unilever, P&G, Reckitt and BASF are among a number of industry giants who are embarking on the first cross-sector collaboration to reduce greenhouse gas emissions. Flue2Chem, as the initiative has been dubbed, will work to convert industrial waste gasses in the UK to create more sustainable chemicals for consumer products, reducing reliance on fossil fuels.
L’Occitane reports 8 percent growth for Q3 sales; feels hit of China’s COVID-19 exit strategy
L’Occitane has reported a Q3 sales growth of 8 percent for the period ending 31 December, 2022, with the net sales growing 16.5 percent at reported rates for the nine months’ period.
British Association of Beauty Therapy & Cosmetology launches new framework to ensure consumer safety
The British Association of Beauty Therapy & Cosmetology (BABTC) has launched a new framework, named T.I.M.E at the Houses of Parliament, which aims to ensure that consumers are aware of what to be mindful of when booking a service with a beauty therapist.
Galderma launches new AR solution to help healthcare professionals and improve patient satisfaction
Galderma has launched an augmented reality solution named Face by Galderma, which aims to provide healthcare professionals ‘grow their activity and improve patient satisfaction.’
L’Oréal, LVMH and Shiseido vie for stake in Aesop
LVMH, Shiseido and L’Oréal are all hoping to secure a stake in Aesop if Natura &Co decides to sell a slice, according to a report published by Bloomberg. The Australian luxury bath and fragrance brand is valued at an impressive US$2 billion.
Unilever names Jope’s replacement as CEO
Unilever has named its next CEO. The UK-based FMCG giant will be headed up by Hein Schumacher, effective July 1, 2023 after a month-long handover period with outgoing CEO Alan Jope who announced his intention to retire in September, 2022.
UK’s Competition and Markets Authority to review environmental claims
The UK’s Competition and Markets Authority (CMA) has announced a review of the environmental claims made by manufacturers of food, drink, cleaning products, toiletries and personal care items, according to a report published by Reuters.
European Citizens’ Initiative to save animal testing ban gains 1.2 million signatures
The Save Cruelty Fee Cosmetics – Commit to a Europe Without Animal Testing European Citizens’ Initiative has garnered some 1.2 million expressions of support from EU citizens, comfortably over the 1 million required.
LVMH FY2022: revenue hits new records and profit soars 23 percent
LVMH has announced its results for the 2022 financial year. The luxury goods conglomerate saw revenue rise 23 percent to a record €79.2 billion and profit leap 23 percent to €21.1 billion.
P&G to open central distribution center for Europe in Greece
Procter & Gamble is expanding its logistics heft in Europe with the opening of a supply chain and logistics hub in Greece serving the European market, according to a report published by Hellenic News.
Univar Solutions snaps up Kale Kimya
Univar Solutions has announced that it has signed an agreement to acquire Turkish specialty chemicals distributor, Kale Kimya.
Elemis announces status as a Certified B Corp
L’Occitane-owned Elemis has announced its status as a Certified B Corp, which follows a two-year process.
Twinco Capital raises US$12 million: focus on expansion
Twinco Capital has announced it has closed a US$12 million equity and debt round in order to expand its supply chain finance platform.
Beiersdorf extends WWF partnership for more sustainable palm oil production in Indonesia until 2026
Beiersdorf has extended its partnership with the World Wildlife Fund for Nature (WWF) and will continue to support the nature conservation organization’s project in West Kalimantan, the Indonesian part of the island for the coming four years.
L’Oréal UK partners with Net Zero Now to support high street hair salons take climate action
L’Oréal UK has partnered with Net Zero Now on the initiative Net Zero Salons Programme, which enables hair salons across the UK and Ireland to achieve net zero.
Interparfums records record Q4 sales; announces double digit revenue growth FY 2022
Inter Parfums has announced that for the three months ended December 31, 2022, net sales rose to a record US$311 million, a 47 percent increase from US$211 million in the fourth quarter of 2021.
L’Oréal-owned NYX launches online beauty ‘incubator’ in form of DAO named Gorjs
L’Oréal-owned NYX Professional Makeup has launched a DAO named Gorjs as an online beauty ‘incubator’ as well as 1,000 Ethereum NFTs called FKWME pass, according to a report by L’Oreal Finance.
Portugal orders recall of L’Oréal products over banned ingredient
Portugal’s equivalent of the FDA, Infarmed – Autoridade Nacional do Medicamentos e Produtos de Saude has ordered a recall of L’Oreal-branded cosmetics containing a banned ingredient, according to The Portugal News.
The great exodus? Business as usual for international firms in Russia including Clarins and Braun
Those who followed the news this time last year will no doubt be surprised to discover that, despite the splashy headlines, some 550 international companies have yet to cease trading in Russia, according to a report published by Euronews quoting a study conducted by Yale.
The Estee Lauder Companies names VP/GM of Jo Malone London UK & Ireland
The Estee Lauder Companies has named Rachel Baker as Vice President General Manager of Jo Malone London UK & Ireland, effective March 1, 2023.
Conde Nast to move out of Vogue House
Conde Nast has announced that it will be moving its London offices from their iconic Hanover Square location, according to a report published by The Guardian. The published will relocate from Vogue House to the Adelphi building in Embankment by next January.
All the tea on Sephora’s hotly anticipated UK store
Sephora has confirmed the location and specifics of its hotly anticipated UK store. The LVMH-owned retailer re-launched onto the UK market last autumn with an online store and is set to follow up with a bricks and mortar site in March, according to a report published by The Independent.
Nivea develops cosmetic sunscreen for child erythropoietic protoporphyria sufferer
Beiersdorf-owned Nivea has created a cosmetic sunscreen for a child sufferer of the condition erythropoietic protoporphyria (EPP).
Skincare brand Olehenriksen appoints fashion designer Anine Bing as first Global Scandi Brand Advisor; marks 40th anniversary
Skincare brand Olehenriksen has announced the appointment of fashion designer Anine Bing as its first Global Scandi Brand Advisor.
Skincare brand Augustinus Bader expands into professional beauty with first London Treatment Centre in partnership with Lanserhof
Skincare brand Augustinus Bader has launched its first London treatment centre in partnership with Lanserhof, according to a report by WWD.com.
Lancôme targets Gen Z audience with appointment of Emma Chamberlain as new Global Ambassador
L’Oréal-owned Lancôme has announced the appointment of a new face of the brand, content creator Emma Chamberlain.
Harrods partners with waste management business MyGroup on trial recycling scheme
British luxury retailer Harrods has partnered with Yorkshire-based waste management and recycling business, My Group, on a trial scheme to recycle used cosmetics products in the one of the retailer’s H Beauty stores.
Chanel expands travel retail presence; opens fashion and beauty spaces at Paris Roissy-Charles de Gaulle Airport
Chanel has expanded its travel retail presence by opening fashion and beauty spaces at Paris Roissy-Charles de Gaulle Airport, within Terminal One.
Trinny London: sales hit £23.7 million but net profit modest
Trinny London has filed its accounts for the year to March 2022. The brand, which was founded in 2017 by stylist Trinny Woodall, saw sales hit £23.7 million and turnover reach more than £50 million, according to a report published by the Daily Mail.
L’Oréal steps into Web3 with investment in Digital Village
L’Oréal’s venture capital fund, BOLD has announced a minority investment in Digital Village. The US-based start-up offers new, scalable technologies for the creation and interaction of digital identities and assets in virtual worlds.
WWF debuts Risk Filter Suite at Davos
WWF has unveiled a Risk Filter Suite to help companies understand nature-related risks and mitigate against them, contributing to a more sustainable future.
Symrise participates in Series A round Ignite Venture Studio
Symrise has announced that it will participate in a Series A funding round for Ignite Venture Studio.
Not just a pretty face: Stella by Stella McCartney debuts Stella Voices
Stella skin care has announced a collaboration with five global pioneers, known for their advocacy and innovation in the fields of environmental and social activism and philanthropy.
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