Unilever Ventures and 14W co-lead $9 million funding round for Mira Beauty
Beauty marketplace Mira Beauty has closed $9 million in a recent funding round, co-led by Unilever Ventures and 14W, the venture capital firm behind Glossy and Goop.
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LVMH submits Tiffany purchase to European Commission
LVMH has confirmed that it has submitted its proposed takeover of US jewellery brand Tiffany for approval by the European Commission.
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Johnson & Johnsons to invest in Black-owned hair care line Sunday II Sunday
A recently launched Black-owned hair care line aimed at those with afro hair has caught the attention of Johnson & Johnson, according to a report published by CNN Business.
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Will sales go stratospheric as Estee Lauder to become first beauty brand to work with nasa
Estee Lauder has teamed up with Nasa to film a marketing campaign on board the International Space Station, according to a report published by the New Scientist. The resulting ad will be the first shot by US astronauts in space.
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Revlon’s exchange offer fails to complete after expiry deadline sees just 5 percent of notes tendered
Revlon has announced the expiration of its private exchange offer and consent solicitation, made on July 27, 2020. The company had offered to exchange any and all of its 5.75 percent Senior Notes due 2021 (Existing Notes) for newly issued 5.75 percent Senior Notes due 2024.
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THG shares surge as company raises $2.4 billion in an IPO to ride digital Wave
The Hut Group has raised $2.4 billion in a London initial public offering (IPO), a move which sent the company shares soaring up to 32 percent.
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Henkel ups renewable energy use with Texan VPPA
Henkel has signed a large-scale virtual power purchase agreement relating to a wind farm in Texas. The agreed capacity will cover Henkel’s entire electricity demand for its US operations, comprising more than 30 sites.
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Now Henkel to expand hand soap and sanitizer production with US$23 million upgrade
Henkel has announced that it is investing US$23 million in its North American manufacturing facilities in order to provide new equipment and make improvements to support additional production of Dial liquid hand soap and hand sanitizers.
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Inter Parfums issues 2020 guidance; expects net sales to plummet 38 percent
Inter Parfums has announced that it expects 2020 sales to reach roughly US$442 million, a drop of some 38 percent on 2019’s figures. However, given the significant impact of the COVID-19 pandemic, Chairman and CEO Jean Madar professed the company ‘reasonably pleased’ with that for the year as a whole.
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TRESemmé launches scholarship program to support aspiring Black female hair stylists
Hair care brand TRESemmé has launched a new scholarship program that aims to support Black female hair stylists, dedicating $100,000 to the first TRESemmé Future Stylists Fund, according to a report by WWD.com.
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