Gucci Beauty launches flagship on Tmall Luxury Pavilion
Coty has opened a Gucci Beauty flagship store on Tmall Luxury Pavilion, Alibaba’s platform for luxury brands....February 5, 2021
US prestige beauty sales down 19% in 2020
Prestige beauty sales in the US fell 19% to $16.1bn in 2020 compared to the year prior,...February 4, 2021
Unilever turnover down 2.4% in 2020
Unilever’s total turnover fell 2.4% year-over-year in 2020 to €50.7bn. Turnover in the fourth quarter dropped 4.2%...February 4, 2021
e.l.f. Beauty sales up 10% in third quarter, raises fiscal 2021 outlook
US-based e.l.f. Beauty’s net sales increased 10% year-over-year in the third quarter of fiscal 2021 (three months...February 4, 2021
Kao restructures cosmetics business
Japanese company Kao has restructured its cosmetics businesses, creating three new business groups: Prestige Business, Masstige Business...February 4, 2021
Hudson’s Bay Company to launch online marketplace
Canadian retailer Hudson’s Bay Company (HBC) is to launch an online marketplace as part of what it...February 4, 2021
The NPD Group to reveal key e-commerce data and trends at Beauty Tech Live
Market-research company The NPD Group will deliver key data and trends on beauty and e-commerce at the...February 4, 2021
Symrise makes leadership changes, to combine Flavor & Nutrition activities
German flavor and fragrance company Symrise has made a string of leadership changes and combined the company’s...February 4, 2021
TFWA Asia Pacific Hainan Special Edition moved to June 21-24
The TFWA has postponed its TFWA Asia Pacific Hainan Special Edition to June 21-24 due to the...February 3, 2021
Shiseido to sell mass personal care business to CVC for $1.52bn
Shiseido is to sell its mass personal-care business to private-equity company CVC Capital Partners for ¥160bn ($1.52bn),...February 3, 2021
Alibaba revenue up 37% in December quarter
Alibaba Group’s revenue rose 37% year-over-year to Rmb221.1bn ($33.88bn) in the quarter ended December 31. Adjusted EBITDA...February 3, 2021
Amazon net sales up 38% in 2020, ceo Jeff Bezos to step down
Amazon reported strong results for the full year 2020 and announced that founder and ceo Jeff Bezos...February 3, 2021
DFS launches in-store and online events for Lunar New Year
LVMH-owned travel retailer DFS has launched in-store activations, online events and exclusive offers for the Lunar New...February 3, 2021
The latest Retail & Tech newsletter out now
The latest issue of BW Confidential’s Retail & Tech newsletter is out now. In this issue: Retail...February 2, 2021
Ulta Beauty to invest $25m in diversity and inclusion efforts
US beauty retailer Ulta Beauty plans to invest $25m in diversity and inclusion efforts this year. Some...February 2, 2021
Lush launches subscription service for fresh cosmetics
UK-based company Lush has launched a monthly subscription service in a bid to expand its freshly made...February 2, 2021
Dufry opens first phase of Hainan duty-free shop
Swiss travel retailer Dufry has opened the first phase of a downtown duty-free shop in collaboration with...February 2, 2021
Japanese online retailer to launch beauty platform powered by skin-tone detecting glasses
Japanese company Zozo Inc is to launch a new beauty platform powered by skin-tone detecting glasses geared...February 1, 2021
Condé Nast to open beauty store for Allure magazine brand
Beauty magazine Allure (Condé Nast) is to open a store in New York City. Called the Allure...February 1, 2021
IFF reveals new brand identity, completes DuPont Nutrition & Biosciences merger
International Flavors & Fragrances (IFF) has unveiled a new brand identity following the completion of its merger...February 1, 2021
Chromavis launches Atelier service
Italy-based cosmetics manufacturer Chromavis has launched a new service aimed at providing brands with customized products in...February 1, 2021
Prestige beauty sales fall 24% in the UK in 2020
Prestige beauty sales in the UK fell 24% to £2bn ($2.75bn)in 2020 due to the pandemic, according...February 1, 2021
DFS and Shenzhen Duty Free Group open first phase of Hainan duty-free complex
LVMH-owned travel retailer DFS and Shenzhen Duty Free Group have opened the first phase of a new...February 1, 2021
Prestige beauty sales down 20% in France in 2020
Sales of prestige beauty product in France fell 20% in 2020, due to pandemic-related restrictions, according to...February 1, 2021
Skin Inc raises $7m in pre-series A funding
Skincare brand Skin Inc Supplement Bar has raised S$10m ($7m) in funding led by Singapore-based investment fund...February 1, 2021
Salvatore Ferragamo fragrance sales down 52.4% in full year 2020
Italian luxury group Salvatore Ferragamo’s revenue fell 33.5% to €916m in full year 2020 compared to 2019....January 29, 2021
THG launches recycling initiative for beauty products
UK-based The Hut Group (THG) has launched a new recycling system, which it says offers UK consumers...January 29, 2021
Watch This Week in Beauty January 25-29, 2021
This Week in Beauty Video – A highlight of the week’s key news in just under...January 29, 2021
Walmart looks to become top-10 ad platform in US
US retailer Walmart has expanded its media business and is aiming to become one of the top-10...January 29, 2021
Jun Dong, Managing Director Tmall Global Beauty, Alibaba Group to speak at Beauty Tech Live
BW Confidential is pleased to announce that Jun Dong, Managing Director of Tmall Global Beauty, Alibaba Group,...January 28, 2021