Deciem enters Mexican market via luxury department store El Palacio de Hierro
The Ordinary parent company Deciem is entering the Mexican beauty market, with a retail launch into luxury department store El Palacio de Hierro.
Authentic Brands Group appoints Joseph N. Zarro as new President of Latin America
Authentic Brands Group (ABG) has appointed Joesph N. Zarro as its new President of Latin America (LATAM).
Sephora looks to Mexican expansion
Sephora is set to allocate an investment of more than 150 million pesos (US$7.5 million) to open five news stores in Mexico by 2022.
Procter & Gamble to invest US$5.8 million dollars to increase Argentina production
Procter & Gamble is set to invest 600 million pesos (US$5.8 million) in a bid to modernize and increase its production lines in Argentina, according to a report by Market Research Telecast.
Mexico becomes first North American country to pass bill to ban animal testing
Mexico has become the first North American country to pass a ban on testing cosmetic on animals, with the senate giving unanimous support.
Coty files IPO for Brazilian unit to ‘support growth’
Coty has filed an IPO for its Brazilian unit in order to help it deleverage and expand its businesses, according to a report by US News.
Rodan + Fields announces leadership shake-up; appoints new CGSO and CMO
Direct sales company Rodan + Fields has announced a leadership shake-up, with the appointment of Laura Beitler as Chief Global Sales Officer (CGSO) and Elana Gold as Chief Marketing Officer (CMO).
Clariant acquires remaining 70 percent stake in Brazilian personal care company Beraca; takes over full ownership
Specialty chemicals company Clariant has increased its current 30 percent stake in Brazilian personal care company Beraca, purchasing the final 70 percent to take over full ownership.
Seed Beauty drops case against KKW and Kylie Cosmetics
Seed Beauty has filed for dismissal of the case it bought against KKW Beauty and Coty-owned Kylie Cosmetics, according to a report published by the Fashion Law.
Wonder Brands closes US$20 million seed financing round
Wonder Brands has announced that it has closed a US$20 million seed financing round. ALLVP and Mountain Nazca led, with CoVenture and Victory Park Capital joining.
Natura &Co Q2: Sales up 31.7 percent amid boom for all brands
Natura & Co has reported another quarter of double-digit revenue growth, up 31.7 percent at constant currency to reach R$9.5 billion in Q2 2021. All four brands recorded double digit growth.
Dow teams up with Natura for Project Yba: Conservation that Transforms
Dow has announced that Natura is the first commercial collaborator for strategic sustainability initiative, Project Yba: Conservation that Transforms.
Natura &Co becomes founding member of free streaming platform WaterBear to focus on sustainability mission
atura &Co has entered into a multilevel brand partnership with free streaming platform WaterBear, which works on ensuring the future of the planet.
Bulgari unveils Eiza González as its first Latin American ambassador for North America
Mexican Actress Eiza González has been named as Bulgari’s first Latin American ambassador for the North American market.
Brazil retail sales continue to rise in May as consumers return post-pandemic; cosmetics reports a fall
Brazilian retail sales, excluding autos and construction, have continued to rise in May following a positive April, as consumers return following pandemic restrictions, according to a report by Reuters. However, the cosmetics and pharmaceutical sector reported a fall.
Avon launches ‘upcycled vanilla’ fragrance
Avon has launched a fragrance it is claiming to be the world’s first to use ‘upcycled vanilla extract’.
BASF, LinkedIn and Natura and Visa launch inclusivity program for transgender people
BASF, LinkedIn, Natura and Visa are all set to take part in a program designed to promote the social inclusion of transgender people and transvestites in the workplace. SOMA, as the initiative is known, is based on the premise that ‘we are stronger together’ and comprises 10 weeks of training and professional development.
Unilever to increase production of Mexican plants via 5.5 million pesos investment
Unilever is planning to increase production of its four Mexican plants, funded by a 5.5 million pesos (US$277 million) investment over the course of the next three years, according to a report by Mexico News Daily.
Avon appoints Frances Largeman-Roth as new Nutrition and Wellness Brand Ambassador
Avon has announced the appointment of Frances Largeman-Roth as its new Nutrition and Wellness Brand Ambassador.
Natura &Co gives update on Commitment to Life sustainability vision
Natura &Co, parent company of Aesop, Avon, Natura and The Body Shop, has given its first annual progress report on its Commitment to Life 2030 sustainability vision, which launched last year.
Pharrell Williams teams up with Chanel to launch mentorship program for Black and Latinx entrepreneurs
Pharrell Williams has teamed up with fashion house Chanel via his equity-focused initiative Black Ambition to launch a two-part mentorship program for Black and Latinx entrepreneurs.
Argentina publishes draft cannabis law
Argentina has published a draft regulatory framework for the development of the medical cannabis and industrial hemp industry, according to a report published by El Planteo.
The Body Shop brings FCB Brasil on board to build activist activity
Natura &Co-owned The Body Shop has appointed FCB Brasil as its agency of record, according to a report published by Ad Week.
Clinique names Melissa Barrera Global Ambassador
The Estee Lauder Companies-owned Clinique has announced Melissa Barrera as its new Global Ambassador. The Mexican actor is the brand’s first Global Ambassador from the Americas.
Natura &Co launches investment firm, Fable
Natura &Co has announced the launch of Fable Investments, a purpose-driven corporate investment vehicle designed to support high-growth, differentiated and innovative companies in the health and wellness space.
Avon signs Big Brother Brazil winner as new face
The winner of Big Brother Brazil 2021, Juliette Freire has been named the new face for Natura &Co’s Avon.
Natura &Co Q1 2021: revenue up 8.5 percent thanks to strong digital sales
Natura &Co has announced a further quarter of double-digit revenue growth in the first three months of fiscal 2021. The Brazilian owner of Aesop, The Body Shop and Avon saw consolidated net revenue rise 25.8 percent in Brazilian Reais (+8.1 percent in constant currency).
Natura &Co raises US$1 billion for first sustainability bond
Natura has raised $1 billion for what is said to be the first Latin American sustainability bond.
Natura &Co to issue sustainability-linked bonds
Natura &Co has signalled its intention to issue dollar-denominated sustainability-linked bonds, according to a report published by GlobalCapital.
Natura &Co appoints Georgia Garinois-Melenikiotou to Board
Natura &Co has confirmed the appointment of Georgia Garinois-Melenikiotou to its Board of Directors, with shareholder approval at the company’s recent AGM.
Colgate-Palmolive teams up with Philips on LATAM electric toothbrush launch
Colgate-Palmolive and Philips have announced a long-term collaboration to bring the oral care benefits of electric toothbrushes to people in Latin America.
Dufry scores two new concession contracts at Brazil airport
Dufry has been awarded two new concession contracts at Salgado Filho International Airport, Porto Alegre, Brazil.
L’Oréal shakes up leadership team with new executive appointments
L’Oréal has announced two new executive appointments, with Omar Hajeri becoming President of the Professional Products division and Ersi Pirishi having been named President of the company’s Latin America zone, according to a report by WWD.com.
Natura &Co Q4: revenue up 6.4 percent, profit soars 200 percent
Natura &Co has reported another quarter of revenue and profit growth. The Brazilian owner of The Body Shop and Aesop saw revenue swell 6.4 percent in constant currency to R$12 billion, while EBIDTA rose 12.3 percent to R$1.5 billion and net income swelled 200.7 percent.
Estee Lauder names Ana de Armas Global Brand Ambassador
Estee Lauder has signed Ana de Armas as its new Global Brand Ambassador. The Golden Globe Award-nominated actor will feature in campaigns across digital, TV, in-store and print starting by fronting ads for a new fragrance set to make its debut this month.
Twitter introduces direct message voice note function in India, Brazil and Japan
Twitter has introduced voice messaging for direct messages, which is being rolled out in stages across India, Brazil and Japan.
Lancôme Travel Retail teams up with Dufry to open biggest flagship in South America
Lancôme Travel Retail Americas and Dufry have partnered to open the biggest Lancôme flagship in South America.
L’Oréal FY2020: Record online sales accounts for more than a quarter of 2020 total as recovery continues
L’Oréal has announced its results for the final quarter and full year of 2020. The French beauty giant saw sales rise 4.9 percent yoy (like-for-like) in the final three months of the year for an overall drop of 4.1 percent for 2020 versus 2019.
Avon Mexico launches make-up line for men in collaboration with Patrick Mua
Avon Mexico has launched a new make-up line for men in collaboration with make-up artist Patrick Mua.
The government needs to act on deforestation: Natura CEO speaks out
CEO of Natura &Co Latin America, Joao Paulo Ferreira has called on the Brazilian government to do more to combat the ongoing destruction of the Amazon rainforest, according to a report published by Reuters.
L’Oréal Caribe to pilot salon recycling scheme in Puerto Rico
L’Oréal Caribe is set to pilot a recycling scheme that will enable beauty salons in Puerto Rico to dispose of plastic responsibly, according to a report published by News is my Business.
Natura &Co Q3 2020: Revenue rises in the double digits
Natura &Co has posted strong revenue growth for the third quarter of the financial year, significantly outperforming the wider cosmetics, fragrances and toiletries market, thanks to a strong performance in the digital arena.
L’Oréal teams up with Facebook to offer free workshops to entrepreneurs in Mexico
L’Oréal has teamed up with Facebook to offer entrepreneurs in Mexico free workshops in order to bolster the digital reach of their businesses, according to a report by Stamford Advocate.
Walmart pulls out of Argentina
Walmart has announced the sale of its Argentinian arm to Grupo de Narvaez. The sale will see the US discounter discontinue operations in the South American nation for good after a 25-year run.
Flora Beauty signs CBD distribution deal in Latin America
Cannabis company Flora Growth Corp’s beauty division Flora Beauty has signed a distribution deal with the largest Latin America retailer, Falabella.
Kimberly-Clark Brazil names first female CEO
Kimberly-Clark’s Brazil unit has announced the appointment of Andrea Rolim as its next CEO, according to a report published by Leaders League. Rolim will make history as the first woman to step into the top job.
Lancôme Mexico partners with ProLiteracy
Lancôme Mexico has announced its partnership with international adult literacy non-profit, ProLiteracy.
Natura &Co raises R$5.61 billion in equity sale
Natura &Co has sold some 121.4 million voting shares, priced at R$46.25 each, according to a report published by Bloomberg, quoting a filing.
Natura &Co announces R$6,207.2 million global offering to fund Avon turnaround
Natura &Co has announced a follow-on offering of approximately R$6,207.2 million, based on a price of R$51.13 per share.
Beiersdorf partners with Plan International; focus on girls’ empowerment and fight against COVID-19 in Latin America
Beiersdorf has announced a new partnership with Plan International, an independent organization for development cooperation and humanitarian aid, in a bid to support girls’ empowerment and assist in the fight against COVID-19 in Latin America.
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