New Delhi-based Renee Cosmetics has raised $1.5 million in a pre-series A funding round, which was led by Equanimity Ventures, 9Unicorns and Titan Capital.
L’Oréal Travel Retail Asia Pacific has announced that Emmanuel Goulin, Managing Director of the division, has been appointed Deputy Country General Manager of L’Oréal Italy, heading up the Luxe division and succeeding Luca Guillot Boschetti.
Lotte Duty Free is set to debut a ‘travel sitcom’ this week featuring K-pop stars BTS, according to a report published by Meaww.
Lagardere has announced that it has sold a stake in its Lagardere Travel Retail Asia arm to JD.com and a Chinese investment firm for CNY720 million in cash.
Bernard Arnault has ended his shareholder agreement with Arnaud Lagardere, according to a report published by Reuters.
DFS has announced the promotion of Ariel Gentzbourger, formerly Senior Vice president Beauty and Fragrance, to Executive Vice President Merchandising.
Celebrity Cruises and Goop have furthered their partnership with a program of wellbeing classes to be held on board a series of four Caribbean sailings this fall.
Dufry has reported a turnover of CHF1,187.2 million for the first half of 2021, 69.5 percent down on 2019 levels. The travel retail operator said that the resumption of travel in the US, Central America and parts of EMEA was driving a gradual recovery.
Lagardere has reported its results for the first half of the current financial year. The group saw revenue increase 5 percent like-for-like on the same period in 2020 thanks to an exceptional performance from its publishing arm.
Flydubai has announced the launch of its new online shopping facility, according to a report published by Trade Arabia.
LVMH has reported a net profit leap of 62 percent in H12021 as opposed to 2019, which was bolstered by record sales for its key fashion and leathers goods division, driven by Louis Vuitton and Dior.
Chanel has partnered with Lagardere Travel Retail and Aeroports de Paris to open a new Beauty Studio at Paris’ Roissy-Charles de Gaulle Airport, according to a report published by DFNI Online.
Shiseido will launch a new boutique in the international departure area of Haneda Airport Terminal 3, ahead of next month’s Tokyo Olympics.
Chanel hasn’t paid dividends to its owners for the past year, according to a report published by the Mail on Sunday, and is not proposing to pay a dividend that would usually be due this month.
Frankfurt Airport Retail has unveiled a new beauty destination at the German hub’s Terminal 1 B-None-Schengen, according to a report published by DFNI Online.
Almost 16,000 passengers have boarded 152 flights ‘to nowhere’ in order to indulge in a tax free shopping spree, according to a report published by The Korea Herald quoting data from the Korea Customs Service.
Duty free operators are offering their best customers destination-less flights to enable them to shop at the airport, according to a report published by Bloomberg.
Procter & Gamble-owned SK-II has launched its first ‘Social Retail’ pop-up store, located in the Haitang Bay Duty Free Shopping Centre, Hainan, China
Lagardere has announced a series of structural changes designed to appease activist investors ahead of the company’s AGM this week, according to a report published by Reuters.
British Airways has made the closure of its in-lounge Elemis spas permanent, according to a report published by The Points Guy, quoting Turning Left for Less.
Alibaba-owned Cainiao Smart Logistics Network has launched a direct cargo air route between Singapore and Hainan Island as demand for luxury goods in China booms, according to a report published by Bloomberg.
LVMH has reported a ‘good start to the year’, recording revenue at €14 billion for Q1 2021, up 32 percent YOY.
Actress Drew Barrymore is set to launch a new lifestyle magazine with Bauer Media Group, with the first issue being published in June 2021, according to a report by WWD.com.
A group of more than 60 MPs and peers are calling on the UK government to introduce Arrivals duty free shops in British airports, international rail and ferry terminals, according to Airport World.
Dufry has been awarded two new concession contracts at Salgado Filho International Airport, Porto Alegre, Brazil.