Unilever teams up with AXA and Tikehau Capital to create new impact fund
Unilever has announced that it has signed a memorandum of understanding with AXA and Tikehau Capital outlining their shared ambition to create an impact fund dedicated to accelerating and scaling the regenerative agriculture transition.
Carlyle to buy HCP for US$1 billion?
Carlyle Group is rumored to be poised to takeover Chinese packaging firm HCP this summer, according to a report published by Bloomberg quoting ‘sources familiar with the matter’.
L’Oréal shakes up Americas leadership
L’Oréal has announced a series of leadership appointments for its Americas division. The French beauty giant named Susannah Greenberg, Chief Information Officer for the Americas; Nathalie Gerschtein as President of Consumer Products Division for North America Zone; and Leslie Marino as President of Professional Products Division for the US.
Who What Wear digital fashion brand acquired by Future Publishing
Women’s fashion and lifestyle brand Who What Wear has been acquired by digital brand company Future Publishing.
Sally Beauty reports Q2 net sales decrease of 1.6 percent YOY
Sally Beauty has reported a Q2 net sales decrease of 1.6 percent YOY to US $911 million.
Coty reports 15 percent sales rise for Q3 FY22
Coty has reported a 15 percent sales rise for the third quarter in FY22, to US$1.8 billion on a reported basis.
CVS Q1 2022: Revenue up 11.2 percent to US$76.8 billion
CVS Health has announced its operating results for the three months ended March 31, 2022. The US drugstore giant saw revenues rise 11.2 percent to US$76.83 million.
Gucci to accept cryptocurrencies in select US stores
Gucci is gearing up to accept payments in cryptocurrencies in US stores, according to a report published by Bloomberg. The Kering-owned brand’s New York, Los Angeles, Miami, Atlanta and Las Vegas stores will adopt digital tokens from the end of the month.
Too Faced Founders cut ties with brand
The Estee Lauder Companies has announced that the Co-founders of Too Faced Cosmetics, Jerrod Blandino and Jeremy Johnson, have departed the brand. The make-up marque will therefore be headed up by Tara Simon, who has been promoted to the role of Global President, Too Faced, effective July 1, 2022.
Revlon sees improved financial results for Q1; supply chain challenges continue to have an impact
Revlon has announced Q1 reported net sales of US$479.6 million, compared to US$445.0 million during the prior-year period, an increase of US$34.6 million, or 7.8 percent.
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