Sephora announces Accelerator program brands
LVMH-owned beauty retailer Sephora has chosen eight Black, Indigenous and People of Color (BIPOC) beauty brands for...February 10, 2021
Shopify’s Shop Pay launches on Facebook and Instagram
E-commerce platform Shopify is making its payment option Shop Pay available for Shopify merchants selling on social-media...February 10, 2021
DFS to open new T Galleria in Brisbane
LVMH-owned travel retailer DFS is to open a new store in Brisbane, Australia. The shop will be...February 10, 2021
IFF names Domitille Michalon Bertier and Laurent Le Guernec vice president perfumer
International Flavors & Fragrances (IFF) has named Domitille Michalon Bertier and Laurent Le Guernec vice president perfumer....February 10, 2021
The latest Retail & Tech newsletter out now
The latest issue of BW Confidential’s Retail & Tech newsletter is out now. In this issue: Another...February 9, 2021
Coty revenue down 16% in second quarter fiscal 2021
Coty’s sales fell 16% year-over-year to $1.42bn in the second quarter of fiscal year 2021 (the three...February 9, 2021
Shiseido operating profit falls 86.9% in full year, outlines new strategy to 2023
Shiseido outlined a new strategy for the next three years aimed at a full recovery of the...February 9, 2021
Shiseido partners with Accenture for digital initiatives
Japanese company Shiseido has partnered with consulting firm Accenture to accelerate its digital transformation, and the two...February 9, 2021
Superga Beauty names Leslie Bréau Meniger president
Beauty manufacturer Superga Beauty has named Leslie Bréau Meniger president. Bréau Meniger joined Superga Invest group in...February 9, 2021
Givaudan to acquire AI company Myrissi
Swiss flavor and fragrance company Givaudan is to acquire Artificial Intelligence (AI) company Myrissi. Founded in 2014...February 8, 2021
The Honest Company looking for valuation of $2bn in IPO, says report
Beauty and baby product company The Honest Company is said to be seeking a valuation of about...February 8, 2021
Brands Beyond Beauty inks Elie Saab fragrance license
Switzerland-based Brands Beyond Beauty has inked a long-term licensing agreement with Lebanese fashion brand Elie Saab. The...February 8, 2021
France’s beauty export sales fall 11.8% in 2020, China largest export market
France’s beauty exports’ sales fell 11.8% year-over-year in 2020 to €15.7bn, according to French beauty association La...February 8, 2021
ELC sales up 5% in second quarter fiscal 2021
Estée Lauder Companies’ (ELC) net sales grew 5% year-over-year to $4.85bn in the second quarter of fiscal...February 5, 2021
Watch This Week in Beauty February 1-5, 2021
This Week in Beauty Video – A highlight of the week’s key news in just under...February 5, 2021
Shiseido relaunches prestige men’s line
The SHISEIDO brand is to relaunch its prestige men’s line with new skincare and make-up products. The...February 5, 2021
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