
Lush to participate in first Metaverse Beauty Week
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.

Clarins ushers in Alipay+ at European merchants
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 names Chief Omnichannel and Data Officer
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 sees shares soar as it confirms Apollo takeover bid
THG has confirmed a non-binding acquisition proposal from private equity business Apollo Global Management, sending shares soaring as much as 47 percent.

Avon UK launches on Amazon
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 cuts ribbon on Romanian tech center
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 posts record revenue for 2022 despite Q4 dip
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.

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’.

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.’

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.
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