SoftBank and Alibaba largest shareholders in GoTo Group, says report
Japanese group SoftBank and China-based Alibaba Group are the two biggest shareholders in the newly formed GoTo...May 20, 2021
De Bijenkorf to sell only sustainable brands by 2025
Dutch department store de Bijenkorf aims to sell only more brands that incorporate sustainability practices by 2025....May 19, 2021
Firmenich unveils program to link fragrance products to emotions
Swiss flavor and fragrance company Firmenich has launched a new suite of fragrance tools and solutions that...May 19, 2021
Facebook launches fashion and beauty Live Shopping Fridays
Facebook is to launch weekly live shopping streams hosted by fashion and beauty brands. Called Live Shopping...May 19, 2021
Chanel launches film to mark 100th anniversary of Chanel N°5
French brand Chanel is launching a film this week to celebrate the 100th anniversary of fragrance Chanel...May 19, 2021
Beiersdorf invests in personalized skincare brand Routinely
German group Beiersdorf is to invest in personalized skincare brand Routinely. The group will invest in the...May 19, 2021
Estée Lauder Companies completes deal for majority stake in Deciem
The Estée Lauder Companies (ELC) has closed a deal that sees it take a majority stake in...May 19, 2021
Dufry names Jordi Martin-Consuegra North America CEO
Swiss travel retailer Dufry has named Jordi Martin-Consuegra North America CEO, effective July 1. He will report...May 19, 2021
Kao sets new sustainability goals
Japanese company Kao aims to reduce its carbon dioxide (CO2) emissions to zero by 2040 and become...May 19, 2021
Printemps makes leadership changes
French department-store group Printemps has named Laurence Nicolas General Director of the Printemps Haussmann and Printemps du...May 18, 2021
Firmenich to acquire stake in e-commerce supplier for fragrance solutions Essential Labs
Swiss flavor and fragrance company is to acquire a significant, non-controlling stake in Essential Labs, a business-to-business...May 18, 2021
Macy’s reports strong first quarter, raises 2021 guidance
US department-store group Macy’s comparable sales rose 62.5% year-over-year to $4.7bn in the first quarter of 2021,...May 18, 2021
French start-up Ankorstore raises €84m in Series B funding
French online marketplace start-up Ankorstore has raised €84m in a Series B funding round led by Tiger...May 18, 2021
Global luxury market grows up to 1% in first quarter vs first quarter 2019
The global luxury market grew between 0% and 1% in the first quarter of 2021 compared to...May 18, 2021
The latest Retail & Tech newsletter out now
The latest issue of BW Confidential’s Retail & Tech newsletter is out now. In this issue: Sephora’s...May 18, 2021
Specialist beauty e-commerce players, DIY cosmetics & subscription boxes see strong growth
Specialist beauty e-commerce sites in France saw sales grow 43% between February 2020 and February 2021, according...May 18, 2021
Shiseido names Ron Gee President and CEO of Shiseido Americas
Japanese company Shiseido has named Ron Gee President and CEO of Shiseido Americas, effective July 1. Gee...May 17, 2021
The British Beauty Council launches campaign to support UK salon business
Non-profit organization The British Beauty Council has launched a campaign to encourage consumers to return to hair...May 17, 2021
Conversion rates in travel retail to improve post-COVID-19 says m1nd-set
International travelers post-pandemic are more likely to convert into buyers than they have been in recent years,...May 17, 2021
Gojek and Tokopedia merge to create largest Indonesian digital consumer platform
Southeast Asian technology group Gojek and Indonesian e-commerce company Tokopedia have merged to form what they call...May 17, 2021
Watch This Week in Beauty May 10-14, 2021
This Week in Beauty Video – A highlight of the week’s key news in just under...May 14, 2021
Instagram launches community shopping feature
Social-media platform Instagram has launched a new shopping feature, which it says will promote products in a...May 14, 2021
Firmenich launches natural ingredients traceability app
Swiss flavor and fragrance company Firmenich has launched a digital traceability application for natural ingredients sourcing. Called...May 14, 2021
Alibaba reports quarterly loss due to government fine
Alibaba Group reported a net loss of Rmb7.65bn ($1.17bn) for the quarter ended March 31, 2021 due...May 13, 2021
Sephora launches new Beijing flagship
Chinese artist Chen Baoyang with his digital artwork “Algorithmic Blossom”The Home Fragrance area at the TaiKoo Li...May 13, 2021
UK prestige make-up sales rise, as lockdown restrictions ease
Prestige make-up sales in the UK increased 229% in the first two weeks that retail and outdoor...May 13, 2021
Natura &Co sales up 25.8% in first quarter
Brazil-based Natura &Co reported a 25.8% increase in sales in Brazilian reals to R$9.5bn (US$1.8bn) in the...May 13, 2021
TFWA moves Cannes show to October
The TFWA World Exhibition & Conference in Cannes has been moved to October 24 to 28. The...May 12, 2021
Shiseido net sales up 7.5% in first quarter, revises outlook
Japanese company Shiseido’s net sales rose 7.5% year-over-year to ¥244.01bn ($2.24bn) in the first quarter of 2021....May 12, 2021
Salvatore Ferragamo fragrance sales up 5.3% in first quarter
Italian luxury group Salvatore Ferragamo’s revenue increased 10.3% year-over-year in the first quarter to €245m (+13% at...May 12, 2021