XpressSpa files first quarter results as testing pilot launches at JFK
XpresSpa Group has published a business update and announced that it has filed its financial results for the first quarter of fiscal 2020.
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Beast Brands raises US$3 million in funding round
Beast Brands has closed a US$3 million funding round led by venture capital firm Callais Capital Management.
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Morphe to ‘cease all commercial activity’ with Jefree Star
Morphe has announced that it is to ‘cease all commercial activity’ with Jefree Star after the You Tube personality and fellow influencer Shane Dawson were accused of racism.
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Trump slaps 25 percent duty on French beauty
The United States of America has announced that it is set to usher in an additional 25 percent duty on French goods, including cosmetics, after France bought in a 3 percent surcharge for digital services, according to a report published by Reuters.
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Coty expands Executive Committee as Princess Anna of Bavaria joins firm
Having recently announced the appointment Sue Y Nabi as CEO, Coty has named two new members of its Executive Committee. Princess Anna of Bavaria is joining the company as Chief Corporate Affairs Officer and will sit on the executive committee with fellow new member and Chief Legal Officer and General Counsel, Kristin Blazewicz.
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Has the CBD bubble burst? Cannabis firms see surge in insurance costs amidst slew of lawsuits
Cannabis firms are witnessing a surge in insurance costs as they race to protect executives from personal liability. The prices hikes follow a slew of lawsuits lodged as investors cite fraud and misleading information, according to a report by Reuters.
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Former employees sue The Estee Lauder Companies over ERISA breach
Four former employees have sued The Estee Lauder Companies, its directors and fiduciaries over its management of the company 401(k) plan, according to a report published by Pensions & Investments.
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Core Industrial Partners to invest in Arizona Natural Resources
Contract manufacturer Arizona Natural Resources (ANR) has secured funding from private equity firm Core Industrial Partners. The size of the investment was not disclosed.
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Conde Nast cancels Luxury Conference as Suzy Menkes steps down as Editor, Vogue International
Conde Nast has announced that Suzy Menkes will step down from her role as Editor, Vogue International, effective October, according to a report published by Fashion United.
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Lululemon acquires fitness tech start-up Mirror
Sportswear brand Lululemon has acquired fitness tech start-up Mirror in a deal worth $500 million, according to a report by the Financial Times.
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