Douglas hit by European lockdowns, second-quarter sales down 12.5%
German beauty retailer Douglas’ sales fell 12.5% on a like-for-like basis in the second quarter of 2020/21...May 12, 2021
Dufry’s World Duty Free granted concession at Teesside International Airport, UK
Swiss travel retailer Dufry’s World Duty Free subsidiary has been granted a new concession contract to operate...May 12, 2021
Revlon to undergo more restructuring, net sales down 1.8% in first quarter
US-based Revlon is to implement a new restructuring plan between now and 2023, building on a restructuring...May 11, 2021
The latest Retail & Tech newsletter out now
The latest issue of BW Confidential’s Retail & Tech newsletter is out now. In this issue: Teaming...May 11, 2021
Inter Parfums Inc net sales up 37% in first quarter
Inter Parfums Inc’s net sales rose 37% year-over-year to $198.5m in the first quarter ended March 31....May 11, 2021
IFF sales up in first quarter
International Flavors & Fragrances’ (IFF) net sales rose 83% year-over-year to $2.47bn in the first quarter of...May 11, 2021
ELC names Meridith Webster Global Communications and Public Affairs Executive Vice President
The Estée Lauder Companies (ELC) has named Meridith Webster as Global Communications and Public Affairs Executive Vice...May 11, 2021
Sa Sa expects loss of up to $43.8m for year ended March 31
Hong-Kong-based beauty retailer Sa Sa issued a profit warning yesterday and stated that it expects a loss...May 11, 2021
Macy’s to invest $235m to upgrade Herald Square flagship area
US department-store group Macy’s is to invest $235m to upgrade the area surrounding its New York Herald...May 11, 2021
THG receives SoftBank investment, to acquire US beauty manufacturer Bentley Laboratories
UK-based The Hut Group (THG) is to raise $1bn, which will be used for M&A over the...May 11, 2021
Shiseido and Accenture to launch joint venture company focused on digital
Shiseido is to create a joint venture with consulting firm Accenture to provide digital marketing and digital-...May 11, 2021
Estée Lauder Companies partners with Uber for delivery service
Estée Lauder Companies (ELC) has partnered with ride-hailing app Uber to launch delivery services for the Jo...May 10, 2021
Coty revenues down 3% in third quarter fiscal 2021
Coty’s net revenues fell 3% year-over-year to $1.03bn in the third quarter of fiscal year 2021 (the...May 10, 2021
Amorepacific to close North American innisfree stores, says report
South Korean beauty company Amorepacific is to close all its stores for skincare brand innisfree in North...May 10, 2021
Firmenich names Robin Mason Fine Fragrance North America President
Swiss flavor and fragrance company Firmenich has named Robin Mason President of Fine Fragrance North America, effective...May 10, 2021
Russian e-commerce platform Ozon inks deal with Rive Gauche
Russian e-commerce platform Ozon has signed an exclusive agreement with Russian beauty retailer Rive Gauche to sell...May 10, 2021
DFS and Shenzhen Duty Free Group strengthen collaboration for Hainan
LVMH-owned travel retailer DFS and Shenzhen Duty Free Group have signed an agreement aimed at cementing their...May 10, 2021
Watch This Week in Beauty May 3-7, 2021
This Week in Beauty Video – A highlight of the week’s key news in just under...May 7, 2021
Inaugural Hainan Expo opens today
The inaugural China International Consumer Products Expo (CICPE), also known as the Hainan Expo, kicks off today...May 7, 2021
L’Oréal’s Emmanuel Goulin on Hainan & The Hainan Expo
L’Oréal Travel Retail Asia Pacific Managing Director Emmanuel Goulin shares his views with BW Confidential on the...May 7, 2021
BW Confidential’s May-June Beauty Tech Issue out today
BW Confidential’s May-June magazine is out today. This special Beauty Tech Issue analyzes the opportunities and challenges...May 6, 2021
L’Occitane Group sales up 6.9% in fourth quarter
L’Occitane Group reported a 6.9% sales increase for its fourth quarter (three months ended March 31) to...May 6, 2021
DFS and L’Oréal Travel Retail partner for new Hainan and Macau projects
LVMH-owned travel retailer DFS and L’Oréal Travel Retail have partnered to open new projects in Hainan and...May 6, 2021
SIMPPAR trade show moved to June 2022
The SIMPPAR trade show, which takes place in Paris and focuses on raw materials for perfumery, has...May 5, 2021
Foreo launches on Sunrise Duty-Free’s members app
Swedish brand Foreo has launched on Chinese travel retailer Sunrise Duty-Free’s members app in a bid to...May 5, 2021
L Catterton invests in Indonesian beauty e-commerce player Sociolla
Private-equity firm L Catterton has invested in Indonesian beauty and personal-care e-commerce player Social Bella International (Sociolla)....May 5, 2021
Seppic acquires ingredients manufacturer EPI France
French ingredients manufacturer Seppic has acquired EPI France, a family owned company that specializes in developing and...May 5, 2021
TFWA pushes ahead with Cannes show, reveals details of hosted buyer program
The TFWA is pushing ahead with its plans to host an in-person event for the World Exhibition...May 5, 2021
Prestige beauty sales in the US up 11% in first quarter
Prestige beauty sales in the US rose 11% year-over-year to $4.2bn in the first quarter of 2021,...May 5, 2021
Firmenich names Bruno Jovanovic Fine Fragrance senior perfumer
Swiss flavor and fragrance company Firmenich has named Bruno Jovanovic Fine Fragrance senior perfumer. Jovanovic previously worked...May 4, 2021