ELC names Mark Loomis President, North America, makes changes to Asia management
ELC President, North America Mark Loomis Estée Lauder Companies (ELC) has named Mark Loomis President, North...November 19, 2021
CVS to close 900 stores
US-based drugstore operator CVS is to close 900 stores over the next three years. The move is...November 19, 2021
Alibaba profits fall, cuts sales forecast
Alibaba’s net income for the quarter ending September 30, fell 87% year-over-year to Rmb3.38bn ($524m), due to...November 18, 2021
CoverGirl names America Ferrera Brand Ambassador
Coty-owned beauty brand CoverGirl has named Latina, first-generation American actress America Ferrera its latest brand ambassador. Ferrera...November 18, 2021
Coty aims for 6% to 8% annual sales growth through 2025
Coty is targeting net revenues to grow 6% to 8% annually like-for-like through fiscal year 2025, which...November 18, 2021
Dior to launch Sauvage grooming line
Parfums Christian Dior (LVMH) will launch a men’s grooming line for its Sauvage fragrance franchise in February...November 18, 2021
Sa Sa turnover up 24.2% year-over-year in first half
Hong Kong-based beauty retailer Sa Sa’s retail and wholesale turnover increased 1.4% year-over-year in the third quarter...November 18, 2021
Highsnobiety opens travel-retail concept store at Zürich Airport
Media brand and production agency Highsnobiety has partnered with Zürich Airport to open the agency’s first travel-retail...November 17, 2021
Watsons launches online store for start-ups
Health and beauty retailer A.S. Watson Group has launched a new online concept store in a bid...November 17, 2021
Fenty Beauty partners with video game developer Riot Games
LVMH-owned beauty brand Fenty Beauty has partnered with US-based video game developer Riot Games and has been...November 17, 2021
Coty names Dr. Shimei Fan Chief Scientific Officer
Coty has named Dr. Shimei Fan Chief Scientific Officer, effective January 3. Fan will report directly to...November 16, 2021
The latest Retail & Tech newsletter out now
Alibaba saw record gross merchandise volume at this year’s 11.11, but the growth rate was slower than...November 16, 2021
ELC Group President, North America Chris Good to retire
Estée Lauder Companies’ (ELC) Group President, North America Chris Good is to retire after nearly 25 years...November 16, 2021
Charlotte Tilbury launches virtual store with social shopping feature
Beauty brand Charlotte Tilbury has launched a virtual store for the holiday season. Called Charlotte’s Virtual Beauty...November 16, 2021
Interparfums expects sales of between €560m and €570m in 2022
Interparfums expects to see annual sales of between €560m and €570m in 2022. While the company acknowledges...November 16, 2021
Prestige make-up sales see growth in France
Prestige make-up sales in France rose 1% to €71.4m between June 2021 and the end of August...November 16, 2021
Obagi and Milk Makeup to be acquired by SPAC
Beauty and personal-care special purpose acquisition company Waldencast is to acquire skincare brand Obagi and cosmetics brand...November 16, 2021
Givaudan to acquire Custom Essence
Swiss company Givaudan is to acquire US-based fragrance creation house Custom Essence. Founded in 1981, Custom Essence...November 15, 2021
L’Occitane Group acquires majority stake in Sol de Janeiro
L’Occitane Group has acquired a majority stake in prestige beauty brand Sol de Janeiro. Founded in the...November 15, 2021
Lancôme launches pop-up for L’Absolu Rouge in Hainan
Lancôme Travel Retail Asia Pacific hosted a pop-up in Hainan to promote Lancôme’s newly relaunched L’Absolu Rouge...November 15, 2021
How the BA’s role is changing
An analysis of how the role of the BA is changing and what it means for brands...November 15, 2021
Love Beauty and Planet gives shoppers deadline in sustainability push
Vegan beauty brand Love Beauty and Planet (Unilever) is urging customers to order products online before December...November 15, 2021
Douglas announces start-up competition winners
German beauty retailer Douglas has named the three winners of the third iteration of its start-up competition...November 15, 2021
UK prestige beauty brick-and-mortar sales grow
Brick-and-mortar prestige beauty sales in the UK increased 9% year-over-year in the 13 weeks ended October 31,...November 15, 2021
eComplete acquires majority stake in beauty device retailer CurrentBody
Venture capital firm eComplete has acquired a majority stake in CurrentBody, a UK-based online retailer of beauty...November 15, 2021
European travel to reach 2019 levels in 2024, says report
European travel is not expected to reach pre-pandemic levels until 2024, according to a report by non-profit...November 15, 2021
Farfetch confirms discussions with Richemont
Online luxury retailer Farfetch has confirmed that it is in discussions with Swiss luxury group Richemont to...November 15, 2021
Watch This Week in Beauty November 8-12, 2021
This Week in Beauty Video – A highlight of the week’s key news in just under...November 12, 2021
Natura &Co revenue down 4.2% in third quarter
Brazil-based Natura &Co’s revenue fell 4.2% year-over-year to R$9.5bn ($1.76bn) in the third quarter of 2021. The...November 12, 2021
Amorepacific named CES Innovation Award Honoree
South Korean beauty company Amorepacific has been named a CES Innovation Award Honoree for its beauty tech...November 12, 2021