YouTube launches new offshoot site YouTube.com/Fashion
YouTube has announced the launch of a new offshoot site named YouTube.com/Fashion, which aims to capitalize on the solid growth it has seen in beauty and fashion content. The new vertical aims to capitalize on the sheer volume of style and beauty content and will...
Coty supports ongoing turnaround programme with strengthened supply chain leadership organization
Coty has announced a strengthened leadership organization to assist its ongoing turnaround plan and future growth. The beauty giant is looking to implement the action points of its turnaround plan put in place in 2018 in order to stabilize the supply chain and...
Anastasia Beverly Hills sues unknown OfferUp seller for hawking stolen products
Anastasia Beverly Hills has filed a lawsuit against an unknown seller on online marketplace OfferUp.com, according to a report published by NBC Los Angeles. The make-up brand is accusing the seller, identified as Does, of selling stolen or counterfeit products via the...
Henkel names SVP Head of Human Resources North America
Henkel has announced the appointment of Frank Steinart as Senior Vice President, Head of Human Resources North America. In addition, he will serve as a member of the German FMCG manufacturer’s North American Leadership Team and be based at Henkel’s Consumer Goods...
Walgreens Boots Alliance names Global Chief Information Officer
Walgreens Boots Alliance (WBA) has announced the appointment of Francesco Tinto as Global Chief Information Officer (CIO) and Senior Vice President. Tinto joins Walgreens Boots Alliance from Kraft Heinz and, in his new role, is charged with overseeing the global...
The Estee Lauder Companies names new Executive Vice President and General Counsel
The Estee Lauder Companies has announced the appointment of Deirdre Stanley as Executive Vice President and General Counsel, effective October 28, 2019. Stanley will report to William P. Lauder, Executive Chairman and Fabrizio Freda, President and CEO and join the...
L’Oréal USA appoints Stéphane Rinderknech as President and CEO, EVP North America
L’Oréal USA has announced the appointment of Stéphane Rinderknech as the new President and CEO, Executive Vice President, North America. Rinderknech will take on his new role as of 1st October, 2019, when he will succeed Frédéric Rozé and will report to him in his...
KKW Beauty to hit Ulta stores this fall
KKW Beauty is due to hit Ultra stores this fall as Kim Kardashian West expands past her own website for the first time. Users will be able to 'try before they buy', which has previously not been possible due to its web-only retail channel. No official release date has...
Estée Lauder Companies appoints Helen Davis SVP global supply chain, manufacturing
Estée Lauder Companies has announced the appointment of Helen Davis as Senior Vice President Global Supply Chain – manufacturing. Reporting directly to Greg Polcer, Executive VP, Global Supply Chain, Davis will be responsible for driving the company’s ‘manufacturing...
Top execs exit as Johnson & Johnson restructures beauty division
Johnson & Johnson carried out a restructure of its beauty department over the summer, according to a report published by WWD, resulting in the departure of some key personnel. Sebastien Guillon, Global President of Beauty, and Michelle Freyre, US President of...
Shiseido creates Business Transformation Department
Shiseido has announced the creation of a new office function, which has been named ‘Business Transformation Department’. As the name suggests, the team will be charged with implementing swifter management planning and will be established under the Group CFO to...
Jamie Kern Lima steps down from her It Cosmetics brand
The Founder of IT Cosmetics, Jamie Kern Lima, is stepping down from her role as CEO of the brand. Kern Lima founded It Cosmetics 11 years ago, selling the brand to L’Oréal for a cool US$1.2 billion in 2016, remaining in situ as CEO of the brand. “The time has come to...
Ulta revisits forecast after ‘solid’ Q2 performance
Ulta has announced its financial results for the second quarter of the financial year. Net sales were up 12 percent over the three months ended August 3, 2019 to US$1,488.2 million, while comparable sales rose 6.2 percent compared to the same period a year ago. “The...
Revlon to scope out potential bidders after Labor Day
Revlon is exploring a sale and will make contact with potential bidders as early as next month, according to a report published by Bloomberg, quoting an anonymous source close to the company. The US cosmetics giant, which also owns Elizabeth Arden, is said to have...
Calvin Klein embraces influencer marketing with Eternity for Men campaign
Calvin Klein is set to launch its first influencer campaign for its Eternity for Men scent, according to a report published by WWD. The campaign will run globally until Father’s Day 2020 online only. The campaign stars wrestler Jordan Burroughs, footballer Thiago...
Lime Crime to boost presence in Ulta
Digitally native Lime Crime is set to boost its presence in Ulta stores, upgrading from 8 SKUs on a single shelf to its own 52 SKU-strong gondola. The three-foot, four-shelf gondolas will appear in 300 Ulta locations, and will also feature the brand’s new augmented...
Under the influence? Lauder spends majority of marketing budget on digital and social media stars
CEO of The Estee Lauder Companies, Fabrizio Freda has revealed that the US prestige beauty giant spends as much as 75 percent of its marketing budget on digital and influencers, according to a report published by Ad Week. Freda disclosed the figure during an earnings...
Lord & Taylor sold to Le Tote for US$75 million
The owner of the Lord & Taylor department store chain, Hudson’s Bay Company has found a buyer for the retailer, according to a report published by WWD. Fashion rental service Le Tote will purchase Lord & Taylor for US$75 million. The deal is expected to close...
Coty FY19: simplification begins as beauty behemoth parts ways with Younique
Coty has announced its results for the fourth quarter and fiscal year ended June 30, 2019. Revenue was down 8 percent to US$8,648.5 million over the year, mainly due to a poor performance from the consumer segment, which saw revenues drop 17.1 percent on a reported...
Eco-credentials of Colgate’s disposable battery-powered toothbrushes for kids questioned
What lessons are we teaching our children? Well, if yours is kitted out with one of Colgate’s battery-powered kids’ toothbrushes, designed to be used for three months before being discarded, you may well be teaching them good dental hygiene habits but a strong set of...
Priyanka Chopra to launch make-up line?
Priyanka Chopra may well be about to jump on the celebrity cosmetics bandwagon. According to various reports the Bollywood star is set to launch a skin care and make-up line next year. “Priyanka has been working on this for a very long time,” an anonymous source told...
Natura &Co and fellow B Corps call on corporate giants to embrace ethical business
The CEOs of Natura &Co and Beautycounter are among 33 top executives, all of them heading up B Corps, who have taken out a full page in the New York Times imploring big business to prioritise the planet over profit, according to a report published by The Drum. “We...
Walmart launches clean beauty line, Earth to Skin
Walmart has launched a new skin care line billed as a ‘luxurious, clean and simple brand’ that is to be sold at a budget price, according to a report published by Allure. Earth to Skin, as the new range has been named, is formulated without parabens, phthalates,...
Arm & Hammer named as sponsor of Odyssey of the Mind STEM contest
Arm & Hammer Baking Soda has partnered with Odyssey of the Mind. The popular baking soda brand will become a sponsor of Odyssey of the Mind’s eponymous annual competition, where students in kindergarten through college work together to solve creative problems at a...
Coty Professional to debut vegan and sustainable hair care line weDo
Coty’s professional unit is set to usher in a new hair care brand billed as both vegan and sustainable, according to a press release issued by the company. The WeDo Professional range will launch in the Nordic region in September before rolling out across Europe and...
L Brands Q2: Victoria’s Secret disappoints but company beats expectations
L Brands has reported its results for the second quarter of the current fiscal year. The company beat analyst expectations on profit despite dwindling sales, according to a report published by CNBC. Indeed, revenue came in at US$2.9 billion, versus US$2.98 billion for...
Olaplex latest: L’Oréal must pay US$50 million, says judge
A federal judge has ended speculation over the exact level of damages due to Olaplex following its victory against L’Oreal USA last week, according to a report published by Reuters. Olaplex was awarded close to US$100 million by the jury at trial but the verdict has...
Rich list update: Jane Lauder joins ranks of top billionaires after stellar ELC results
This year we’ve seen LVMH’s Bernard Arnault join the US$100 billion club and now Jane Lauder has joined the ranks of the world’s richest after the eponymous luxury prestige group delivered a set of stellar results this week, according to a report published by...
Millie Bobby Brown launches vegan beauty range aimed at Gen Z audience
Stranger Things star Millie Bobby Brown has launched a new vegan beauty range, Florence by Mills, aimed at a Gen Z audience. The range is set to be sold at Ulta Beauty, Boots and online and has skincare and make-up with product names such as Zero Chill Face Mist,...
Barbara Messing steps down as Walmart CMO; Michael Francis steps in to head up retail marketing
Walmart Chief Marketing Officer Barbara Messing has stepped down from her role, with Michael Francis having been brought in to head up retail marketing. According to an internal company memo by Walmart Chief Customer Officer Janey Whiteside, Francis, who has worked...
L’Oréal hit with permanent injunction against the sale of nine hair care products in ongoing Olaplex legal proceedings
L’Oréal has received a permanent injunction instructing it to end the sale of nine hair care products as well as treatments for the likes of Matrix, Redken and L’Oréal Professional. Applicable to the U.S., the injunction follows the recent ruling in the two-year court...
Mediheal brings cult ‘Love Me’ sheet mask to the U.S. after product sells out in three hours following Korean launch
Korean sheet mask brand Mediheal has announced the launch of its cult Love Me product into the U.S. market following the successful entry into the Korean market back in May, which saw the item sell out in just three hours. The mask is being sold in the States via...
Ulta addresses racial profiling controversy
Ulta has addressed the ongoing racial profiling controversy abounding the internet, having released a statement to Today stating it stands for ‘equality, inclusivity and acceptance and strive to create a space that is welcoming to all.’ The U.S. retailer has come...
Unilever U.S. appoints Terry Thomas as new EVP of Customer Development
Unilever U.S. has appointed Terry Thomas the new EVP of Customer Development, according to a report by Progressive Grocer. Set to succeed Gina Boswell, who is retiring from the company after eight years, Thomas takes on the new role from his previous position as head...
Estée Lauder reports stellar Q4 despite trade tensions and Hong Kong riots
Estée Lauder has beaten industry estimates with its Q4 results with net sales increasing 9 percent to $14.86 billion. The company has reported net sales growth in nearly all product categories. The news sees off concerns regarding the current China/U.S. trade tensions...
Maybelline New York launches new liquid lipstick collection with artist Ashley Longshore
L’Oréal-owned Maybelline New York has launched a new range of liquid lipsticks in collaboration with mixed media artist Ashley Longshore, encased in quirky packaging evocative of K-beauty brands. The new Maybelline New York x Ashley Longshore collection comes in six...
Procter & Gamble contributes $178 million to pension fund
Procter & Gamble has contributed $178 million to its global defined benefit plans in the fiscal year ending June 30, according to a report by Pensions & Investments. Divulged in a 10-K filing with the Securities and Exchange Commission, it did not state how...
Revlon looks to Goldman Sachs for help exploring strategic options
Revlon is said to be looking to Goldman Sachs as it hopes to explore strategic options for the company, according to a report by Bloomberg. Citing ‘a person with knowledge of the matter’, it was reported that Revlon is exploring all options including a sale of parts...
Blackrock acquires stake in Juicy Couture owner Authentic Brands
Asset management company Blackrock has acquired a $870 million stake in Juicy Couture owner Authentic Brands through its new private equity fund Long Term Private Capital, according to a report by the Financial Times. The private equity fund has acquired a $875...
Selena Gomez files trademark for new beauty range
Selena Gomez is set to launch a new beauty range having filed paperwork at the U.S. Patent and Trademark Office to create a line of ‘Selena Gomez’ products. The pop star will join the likes of musicians Lada Gaga and Rihanna in the cosmetics space, with a range of...
Kohl’s partners with Facebook to give niche online brands space in retail store
U.S. retailer Kohl's has teamed up with Facebook in a bid to find trendy online brands and give them space in its retail store, according to a report by The Drum. The new initiative will see Kohl's pay Facebook an undisclosed sum in order to sift through brands on its...
Herbivore secures $15 million in Series A funding as it looks to outside investment for the first time
Skincare brand Herbivore has secured $15 million in Series A funding led by Silas Capital, a venture and growth equity firm, with participation by Stage 1 fund, a newly formed consumer-focussed venture capital firm. The move signals the first time the company has...
Cruelty Free International applauds Illinois on becoming third state to ban sale of animal-tested cosmetics
Animal welfare charity Cruelty Free International has welcomed the news that Illinois has become the third U.S. state to ban the sale of cosmetics tested on animals. The new law was signed this week by Governor J.B. Pritzker and bans the ‘import or sale of any...
Nars lipstick ad provokes controversy
If Nars set out to be provocative with its latest Instagram video, then mission accomplished. The Shiseido-owned make-up brand has long used a little sexual frisson to market its products, with lipstick names such as G Spot and Orgasm but the latest wheeze moves its...
Olaplex triumphs in L’Oréal suit
Olaplex has prevailed in a lawsuit bought against L’Oréal some three years ago, according to a report published by WWD. A US jury ruled in Olaplex’s favor in this David-versus-Goliath battle, in which Olaplex accused the French beauty giant of staging a buyout...
Elf Beauty: sales ‘exceed expectations’; up 3 percent in transition period
Elf Beauty has announced its results for the transition period ended March 31, 2019. The company changed its fiscal year to run from April 1 to March 31, instead of January 1 to December 31 to better coincide with its annual shelf resets. “Our Transition Period...
L’Oréal named one of Fast Company’s Best Workplaces for Innovators
L’Oréal has been named to Fast Company’s inaugural Best Workplaces for Innovators list. The unranked list highlights 50 workplaces that attract and retain the best talent by creating environments where employees are empowered to put forth bold ideas. More than 360...
Ariana Grande to debut Thank U Next fragrance at Ulta
Ariana Grande is gearing up for the launch of a new fragrance, according to a report published by Allure magazine. The singer took to Instagram to announce the launch, revealing that the new scent would hit shelves at Ulta Beauty on August 18th and her post suggests,...
Revlon reports Q2 net sales drop
Revlon has announced a net sales fall of 3.3 percent in Q2, a drop attributed to a fall in sales for its portfolio sector and fragrances. The decline was said to be partially offset by a strong quarter for its Elizabeth Arden brand. Reported net loss improved to $63.7...
Kylie Skin hit with Notice of Suspension over trademark claim
Kylie Skin has this week been hit with a Notice of Suspension from the U.S. Patent & Trademark Office regarding a claim on the trademark of the skincare range’s name. The skincare brand, owned by self-made billionaire Kylie Jenner, is said to cause confusion with...
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