Argeville opens new South African center
France-based flavor and fragrance house Argeville has opened a new center in South Africa. Located in Johannesburg,...October 28, 2022
Beauty players raise guidance
A number of beauty players raised guidance earlier this week, due to strong quarterly earnings. Companies cited...October 27, 2022
Re-thinking the 11.11 shopping festival
Chinese e-commerce players should rethink their 11.11 shopping festival strategies, given that gross merchandise value (GMV) outlooks...October 27, 2022
L’Occitane sales up 24.9% in Q2
L’Occitane Group’s second-quarter net sales rose 24.9% year-over-year to €484.5m. Sales were up 16.2% at constant rates....October 27, 2022
Unilever turnover up 17.8% in Q3, raises guidance
Unilever’s third-quarter turnover rose 17.8% year-over-year to €15.8bn. Turnover increased 16.1% to €45.6bn in the first nine...October 27, 2022
Beiersdorf sales up 11.1% in first nine months, raises guidance
German group Beiersdorf’s sales rose 11.1% year-over-year in organic terms to €6.7bn in the first nine months...October 27, 2022
DFS to open new Macau store
LVMH-owned travel retailer DFS is to open a new British-inspired T Galleria by DFS store in Macau...October 27, 2022
Perfect Corp goes public through SPAC
AI and AR beauty company Perfect Corp’s merger with special purpose acquisition company (SPAC) Provident Acquisition Corp...October 26, 2022
Symrise sales up 13.6% in Q3, raises guidance
German flavor and fragrance company Symrise saw organic sales grow 13.6% year-over-year in the third quarter of...October 26, 2022
11.11 shopping festival kicks off
Chinese e-commerce players have kicked off initiatives for the 11.11 shopping festival this week, with efforts focused...October 25, 2022
Swire and CTG Duty Free to open new retail development in Hainan
Hong Kong-based Swire Properties and CDF Investment & Development, a subsidiary of China Tourism Group Duty Free...October 25, 2022
The latest Retail & Tech newsletter out now
RETAIL INSIGHTS Mind, Body & Soul. Swiss travel retailer Dufry has launched a new retail concept aimed...October 25, 2022
UK prestige make-up sales down 20% vs 2019
UK prestige make-up product unit sales fell 20% from January to August compared to the same period...October 25, 2022
Interparfums sales up 11.7% in Q3, raises guidance
Interparfums’ third-quarter sales increased 11.7% year-over-year to €195.3m, achieving what it says is a record performance for...October 25, 2022
ELC names Travel Retail Southeast Asia Vice President
The Estée Lauder Companies (ELC) has named Bart Dubbeld Vice President/General Manager of Travel Retail Southeast Asia,...October 24, 2022
Frasers Group acquires 5% stake in Asos
British retail group Frasers Group has taken a 5% stake in online fashion retailer Asos. The news...October 24, 2022
Innovations, trends & talking points from Luxe Pack Monaco
Key takeaways from Luxe Pack Monaco, which took place from October 3 to 5, 2022 Strong attendance...October 24, 2022
L’Oréal partners with Meta to launch accelerator program
L’Oréal has partnered with Facebook parent company Meta to launch an accelerator program dedicated to the metaverse....October 24, 2022
L’Oréal to open intelligent fulfillment center in China
L’Oréal is to open what it calls an intelligent fulfillment center in China to respond to the...October 24, 2022
Cosmetic Valley partners with Seoul government
Marc-Antoine Jamet, President of Cosmetic Valley and Se-Hoon Oh, mayor of Seoul, with their delegations©Sylvain Bachelot French...October 24, 2022
LUXASIA receives Deloitte award
Asian distribution company LUXASIA has been named one of Singapore’s Best Managed Companies by consultancy Deloitte for...October 21, 2022
Rémy Cointreau Group launches fragrances
French spirits group Rémy Cointreau has launched a fragrance collection. Called Maison Psyché, the collection comprises five...October 21, 2022
Watch This Week in Beauty October 17-21, 2022
This Week in Beauty video – A highlight of the week’s key news in just under...October 21, 2022
Boots partners with online sourcing platform RangeMe
UK-based health and beauty retailer Boots (Walgreens Boots Alliance) has partnered with online sourcing platform RangeMe to...October 21, 2022
KKR invests in medical spa SkinSpirit
Investment firm KKR has made a minority investment in US-based medical spa SkinSpirit. Founded in 2003, SkinSpirit...October 21, 2022
Puig to open new office in Miami
Spanish company Puig is to open a new office in the US to strengthen its travel-retail business....October 21, 2022
L’Oréal Q3 sales up 19.7%
L’Oréal reported a 19.7% increase in sales (+9.1% like-for-like) in the third quarter to €9.58bn. Sales in...October 20, 2022
Douglas CEO Tina Müller to step down
Douglas Group CEO Tina Müller Tina Müller, CEO of German beauty retailer Douglas is to resign, as...October 20, 2022
Fraport and Lufthansa form joint venture
Airport operator Fraport and German airline Lufthansa have formed a new joint venture. Each company has a...October 20, 2022
Dufry launches new wellbeing retail concept
Swiss travel retailer Dufry has launched a new retail concept aimed at catering to consumers’ increased demand...October 20, 2022