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.
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.
Lancôme Travel Retail Americas and Dufry have partnered to open the biggest Lancôme flagship in South America.
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.
Cannabis company Flora Growth Corp’s beauty division Flora Beauty has signed a distribution deal with the largest Latin America retailer, Falabella.
Ulta has become the first US retailer to stock The Ordinary Colours cult foundation range, according to a report published by WWD.
Natura has announced that a higher use of its digital platforms is offsetting revenue lost from store closures during COVID-19, according to a report by Reuters.
Lauder-owned Aveda has landed in South America with the opening of a sustainable salon in Brazil, according to a report published by WWD.
Dior has cemented its presence in Latin America with the new hire of Hugo Charles as Regional Director in the region.
Canadian Avicanna has announced the retail launch of its Pura Earth derma-cosmetics line of CBD-based products, with initial roll-out in Colombia.