Old Spice and Secret launch refillable antiperspirant packaging
Procter & Gamble’s Old Spice and Secret brands are launching refillable antiperspirant cases, with both brands expanding their offering of aluminum free deodorants in recyclable paper tube packaging, made of 90 percent recycled paperboard and certified by the Forest Stewardship Council (FSC).
LVMH and Rihanna put ready-to-wear operations on hold as pandemic hits demand
LVMH and Rihanna have announced that they are to put the singer’s ready-to-wear operations on hold due to falling demand as a result of the pandemic.
L Brands announces retirement of CFO Stuart Burgdoerfer
L Brands has announced the retirement of Stuart Burgdoerfer, Chief Financial Officer and interim CEO of Victoria’s Secret, effective August 2021.
Walmart acquires Thunder ad tech ahead of self-serve tool launch
Walmart has acquired the technology and IP behind ad-tech company Thunder, which will play a key part in the rollout of its new self-serve display advertising platform set to roll out later this year.
Instagram goes vertical; social media app confirms new Stories layout
Instagram has confirmed it is developing a new Vertical Instagram Stories feature, similar to the vertical navigation format adopted by TikTok.
TikTok unveils e-commerce drive to challenge Facebook et al
TikTok is said to be gearing up for a huge e-commerce push throughout the U.S. according to the Financial Times, with sources stating they have viewed new features set to be introduced this year.
U.S. congress re-introduces bill to legalize CBD supplements
The U.S. congress has introduced a new bill that will approve CBD for use in dietary supplements, a move that aims to push the FDA into approving the ingredient, according to Natural Products Insider.
Coty Q2 2021: Sales plunge 16 percent over holiday season
Coty has reported its results for the second quarter of the current financial year. The US beauty behemoth saw sales drop 16 percent (18 percent LFL) in the three months to December 31, 2020 versus the same period last year. This was, however, 1 percentage point ahead of its Q1 performance, leading Coty to hail its performance as ‘continued improvement’.
TikTok plans e-commerce drive
TikTok is gearing up to introduce a number of features to its site that will enable e-commerce and affiliate marketing this year, according to a report published by the Financial Times.
No7 to boost Shecovery with Unstoppable Together campaign
No7 has launched its first multi-year campaign in the US. Dubbed Unstoppable Together, the initiative will see the WBA-owned brand partner with organizations and individuals who are focused on helping support women defy stereotypes and enabling them to reach their full potential.
LVMH orders Tiffany workers back to the office
New Tiffany owner, LVMH is said to have ordered employees of the jewelry brand back to the office, starting in March, according to a report published by The Wall Street Journal.
Bounce back: The Estee Lauder Companies sees sales rise 5 percent in Q2 2021
The Estee Lauder Companies has reported net sales of US$4.85 billion for the second quarter of the current fiscal year, up 5 percent on a reported basis on the prior-year period. The US prestige beauty manufacturer also saw net earnings rise to US$873 million versus US557 million in the three months to December 31, 2019.
Hailey Bieber files trademark for beauty brand
Hailey Bieber has filed a trademark application for naming rights for the name Rhode, according to a report published by Refinery 29, quoting TMZ as its source.
Ulta Beauty announces diversity and inclusion commitments
Ulta Beauty has pledged to invest some US$25 million in a series of diversity and inclusion commitments it has unveiled for 2021.
Pull Up For Change teams up with beauty brands to launch Make It Black campaign
Pull Up for Change Founder Sharon Chuter has launched a new campaign, named Make it Black, which aims to ‘shake up the beauty landscape’ by redefining what it means to be Black and raise money for emerging Black founders.
Estée Lauder Companies teams up with Howard University to empower women students and alumnae with She’s Howard: Own Your Power program
The Estée Lauder Companies has teamed up with Howard University to embark on a mission to empower both female students and alumnae via the new She’s Howard: Own Your Power program.
L’Oréal USA unveils inclusive beauty fund
L’Oréal USA has partnered with NAACP to present a new grant program, named the Inclusive Beauty Fund. The US branch of the French beauty giant will award 30 one-time grants of US$10,000 to Black-owned small businesses, entrepreneurs and professional services across the US beauty industry.
Booksy raises US$70 million in Series C funding round
Beauty and wellness appointment booking app Booksy has raised US$70 million in a Series C funding round, according to a report published by Tech Crunch.
Lose: Lose – Federal judge rejects Olaplex and L’Oréal patent appeal
The US Court of Appeals for the Federal Circuit has rejected an appeal against a decision in the ongoing battle between Olaplex and L’Oréal, which was challenged by both parties, according to a report published by the World Intellectual Property Review.
The Estee Lauder Companies announces sustainability goals for travel retail
The Estee Lauder Companies has announced sustainability goals specific to its Travel Retail unit.
LVMH Luxury Ventures and L’Oréal BOLD support social selling platform Replika Software in Series A funding round
Social selling platform Replika Software has completed its Series A funding round, backed by the likes of LVMH Luxury Ventures and L’Oréal BOLD, the investment arm of their parent companies.
Walgreens Boots Alliance makes history with Starbucks’ Rosalind Brewer CEO appointment
Walgreens Boots Alliance (WBA) has announced the appointment of Starbucks COO Rosalind (Roz) Brewer as its new Chief Executive Officer, replacing Stefano Pessina, making her the first woman and first African American to head a Walmart division.
L’Occitane USA files for bankruptcy; aims to close pandemic-hit stores
The U.S. arm of beauty retailer L’Occitane has filed for Chapter 11 bankruptcy this week in the hope of reducing its number of stores that have been hit by losses due to store closures.
Bed Bath & Beyond appoints Mara Sirhal as SVP and GM of Harmon Health and Beauty Stores
Bed Bath & Beyond has appointed Mar Sirhal as Senior Vice President and General Manager for Harmon Health and Beauty Stores, effective immediately.
Now Lauder shuffles supply chain leadership
The Estee Lauder Companies has announced that Gregory F Polcer, Executive Vice President, Global Supply Chain will retire this summer after 13 years with the company.
Queen V to join Reckitt Benckiser
Reckitt Benckiser has announced the acquisition of feminine sexual wellness brand, Queen V.
Coty appoints Chief Procurement Officer
Coty has announced the promotion of Stephane Delbos to Chief Procurement Officer, effective February 1, 2021.
Unilever faces class action suit over Tresemme product
A class action suit has been launched against Unilever in the US, according to a report published by Fox News. The suit alleges that a product from the UK FMCG manufacturer’s TRESemme range causes hair loss.
Jay-Z launches US$10 million fund to invest in black-owned cannabis start-ups
Jay-Z is set to launch a fund dedicated to increasing black participation in the burgeoning legal cannabis industry, according to a report published by The Wall Street Journal.
Procter & Gamble raises forecasts as it capitalizes on pandemic-induced cleaning surge
Procter & Gamble has raised its annual forecasts again thanks to the surge in demand for paper towels, washing-up liquid and laundry detergent, according to a report by the Financial Times.
USDA gives hemp industry a boost with new Final Rule
The USDA has published its Final Rule for the domestic production of hemp and has raised the restricted ceiling of Tetrahydrocannabinol (THC) as well as giving more time for farmers to collect samples.
Walgreens Boots Alliance top marketer Vineet Mehra leaves for Silicon Valley
Walgreen Boots Alliance Global Chief Marketing Officer and Chief Customer Officer Vineet Mehra is leaving the company for an undisclosed role in Silicon Valley.
Dermalogica offers online course to strengthen ‘human connection’
Dermalogica has launched a new online course aimed at skincare professionals, named Meaningful Connections, which looks to strengthen Emotional Intelligence (EI), according to American Salon.
Thirteen Lune raises US$1 million; Gwyneth Paltrow, Sean Combs and Naomi Watts invest
Online retailer Thirteen Lune, which features Black- and brown-owned businesses, has raised $1 million, with celebrities Gwyneth Paltrow, Sean Combs and Naomi Watts having invested in the company, according to WWD.com.
Jennifer Lopez launches ‘JLo’ lifestyle channel on Triller
Jennifer Lopez has launched a lifestyle channel on social media app Triller, named JLo, which will include beauty and fashion content.
Procter & Gamble’s Always teams up with Walmart to encourage girls to stay in sports
Procter & Gamble has teamed up with U.S. retailer Walmart via its Always brand to launch the #KeepHerPlaying campaign, which aims to encourage girls to stay in sports as part of their personal growth.
Beautycounter names Gina Boswell as new Chairwoman; appoints Dasha Smith as an Independent Director of Board
Beautycounter has bolstered its female leadership having appointed Gina Boswell as new Chairwoman, with Dasha Smith announced as an Independent Director of its Board.
L’Oréal Group bans animal hair brushes
L’Oréal Group has agreed to ban all animal-hair, including badger- and goat-hair, from its make-up brushes after PETA US presented its Baxter of California unit with a petition signed by some 80,000 members of the public.
We won’t donate to those who disrespect democracy: P&G revisits political contributions
Procter & Gamble will withdraw its financial support from any elected officials who have questioned the result of the 2020 presidential election, according to a report published by the Cincinnati Business Courier.
Walgreens partners with Synchrony and Mastercard to expand financial services offer
Walgreens is expanding its financial services in offering in partnership with Synchrony and Mastercard. The WBA-owned drugstore chain is poised to launch co-branded Mastercard credit and pre-paid debit cards, which will offer myWalgreens cash rewards.
Procter & Gamble debuts LifeLab Everyday at all-virtual CES
Virtual attendees of CES 2021 and members of the public alike are invited to tour the latest Procter & Gamble innovations via the US FMCG firm’s LifeLab Everyday virtual experience. The immersive platform blends digital exploration with virtual reality to showcase how innovations and technologies inspired by deep consumer understanding can impact on our daily lives.
Anna Wintour defends Kamala Harris Vogue cover following social media backlash
Vogue U.S. Editor-in-Chief Anna Wintour has defended the recent Vogue cover starring Vice President Elect Kamala Harris following a social media backlash over the lighting and styling of the imagery.
The Estée Lauder Companies appoints Dave Smith in M&A position
The Estée Lauder Companies has appointed Dave Smith as Senior Vice President of New Business Development, succeeding Shana Randhava, according to a report by WWD.com.
Kylie Jenner accused of ‘profiting off the pandemic’ following hand sanitizer launch
Kylie Jenner has faced backlash online over the launch of her new Kylie Skin hand sanitizer product, with fans accusing the entrepreneur of profiting from the pandemic.
iMedia announces 16 new brand launches across television networks: MAC, Annayake and Eleven Skin join roster
iMedia is set to launch 16 new brands across its three national television networks ShopHQ®, ShopBulldogTV and ShopHQHealth during Q1, with a focus on beauty and wellbeing.
Former Chanel CEO named to Credo Board
Credo has announced the appointment of Maureen Chiquet as an Independent Director of its Board. Chiquet will become the fifth woman to join the clean beauty brand’s Board, shifting the composition to 70 percent female leadership.
Is Bustle going public? M&A rumors swirl around media group
The US owner of W and Bustle, Bustle Digital Group is rumored to be in talks with ‘blank-check acquisition companies’, according to a report published by Reuters.
L Brands sees holiday sales rise 5 percent
L Brands has reported net sales of US$3.836 billion for the nine weeks to January 2, 2021, up 5 percent on the equivalent period last year.
Walgreens Boots Alliance maintains growth guidance for 2021
Walgreens Boots Alliance is maintaining its guidance of low-single digit growth in adjusted earnings per share at constant rates for Fiscal 2021. Shares in the drugstore chain rose as a result last week, per Reuters.
Unilever Axe causes Twitter storm over Capitol riots tweet
An image of a can of Axe deodorant pictured lying in debris following the raid on the US Capitol last week, posted on Twitter and captioned to the effect that a ‘lonely can of Axe body spray’ had been left behind by rioters, prompted the Unilever brand to condemn the rioters, according to a report published by PR Week.
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