AmorePacific has entered the Mexican market. The K-beauty behemoth made its debut with its Laneige brand via Sephora Mexico’s website and will hit shelves in 36 of Sephora Mexico’s bricks and mortar stores later this month.
Fashion retailer H&M has revealed plans to expand its presence into Brazil by 2025, encompassing physical stores and an online platform
Chile’s Ministry of Defence has invited interested parties to submit bids for its duty free stores at Santiago Arturo Merino Benitez Airport, according to a report published by the Moodie Davitt Report. The contract, which is managed and overseen by the government, is currently held by Dufry.
After the ravages of 2020 and 2021, retailers could have been forgiven for hoping for a smoother ride at the start of 2022. Pandemic restrictions were lifted, IRL shopping was back and even travel was resuming. So far, so hopeful.
Fresh from the news that Aesop and The Body Shop are gearing up to open their first bricks and mortar locations in China later this year, Natura &Co has announced that the openings are part of a wider growth strategy, according to a report published by Nasdaq.
Puig has announced that it has increased its investment in Colombian natural cosmetics brand, Loto del Sur.
Dufry has announced that it has won the tender for the duty-free and duty-paid concessions at Brazil’s Recife International Airport for eight years.
As the COVID-19 pandemic categorically failed to be ‘all over by Christmas’ and rolled on and on into 2021, one thing became clear; those retailers who had hoped to ‘ride it out’ had some catching up to do….
Retailers faced some almost insurmountable challenges in 2021 – from renewed lockdowns shuttering bricks and mortar locations to the ongoing supply chain crisis and labor shortages, it’s a wonder any survived.
The Ordinary parent company Deciem is entering the Mexican beauty market, with a retail launch into luxury department store El Palacio de Hierro.