Lush is among the brands signed up to take part in the inaugural Metaverse Beauty Week. Pioneered in Decentraland, Spatial and Roblox, MBW2023 is dedicated to connecting leading digital designers with established beauty brands.
As Chinese tourists return to European shores, Clarins has introduced Alipay+ to locations in Madrid and Barcelona, enabling Asian shoppers to pay via QR code, according to a report published by ATM Marketplace.
LVMH has announced the appointment of Gonzague de Pirey as Chief Omnichannel and Data Officer, effective June 1, according to a report published by WWD.
THG has confirmed a non-binding acquisition proposal from private equity business Apollo Global Management, sending shares soaring as much as 47 percent.
As part of a wider brand reboot, Avon UK has launched on Amazon. The direct sales brand also unveiled a new visual identity and ‘Embrace your Power’ brand positioning.
The Estee Lauder Companies has announced the grand opening of a new Technology Center in Bucharest, Romania. Located in the city’s old town, the new office boasts state-of-the-art technology and will serve as a collaborative space to facilitate strategic thinking.
Farfetch has announced its results for the fourth quarter and full year 2022. The online luxury fashion retailer posted record revenue of US$2.3 billion for the year ended December 31, 2022, up 3 percent year-on-year, despite a 5 percent drop in Q4 revenue.
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’.
Galderma has launched an augmented reality solution named Face by Galderma, which aims to provide healthcare professionals ‘grow their activity and improve patient satisfaction.’
Twinco Capital has announced it has closed a US$12 million equity and debt round in order to expand its supply chain finance platform.