Walgreens Boots Alliance names John Standley Walgreens president
Drugstore group Walgreens Boots Alliance (WBA) has named John Standley Walgreens president, effective immediately. Standley previously served...September 1, 2020
L’Oréal to launch second Employee Share Ownership Plan
L’Oréal is to launch its second Employee Share Ownership Plan. The plan will be rolled out in...August 31, 2020
China’s prestige beauty e-commerce sales up 87% in June
Prestige beauty e-commerce sales in China rose 87% in June compared with the same period last year...August 31, 2020
Reliance Retail to acquire Future Group’s Retail & Wholesale Business
Mumbai-based Reliance Retail Ventures is set to acquire India’s second-largest retail company Future Group’s Retail & Wholesale...August 31, 2020
Zalando expands, renames luxury category
Online retailer Zalando has renamed its Premium category to Designer in a bid to enhance its luxury...August 31, 2020
Watch This Week in Beauty August 24-28, 2020
This Week in Beauty Video – A highlight of the week’s key news in just under...August 28, 2020
Walmart partners with Microsoft in bid to buy TikTok US
US-based retailer Walmart confirmed that it will partner with Microsoft in a bid acquire short-video platform TikTok’s...August 28, 2020
L’Oréal Paris launches Haircolor Concierge
French beauty brand L’Oréal Paris has launched a 24/7 hair color platform called Haircolor Concierge.The service aims...August 28, 2020
Givaudan changes name of Flavor & Fragrance divisions
Swiss company Giavaudan has renamed its Flavour and Fragrance divisions to Taste & Wellbeing and Fragrance &...August 28, 2020
Ulta sales fall 29.6% in first six months of fiscal 2020, down 26.3% in Q2
US-based beauty retailer Ulta Beauty’s sales fell 29.6% to $2.4bn in the first six months of fiscal...August 28, 2020
Coty revenue down 25% in fiscal year 2020, sales fall 62.8% in Q4
Coty’s revenues fell 25% year-on-year to $4.72bn in fiscal year 2020. Like-for-like revenue decreased 20.3%. In the...August 27, 2020
The Hut Group considering IPO
UK-based The Hut Group (THG) announced that it is considering proceeding with an initial public offering (IPO)...August 27, 2020
Chinese domestic travel to fully recover by September, says ForwardKeys
Chinese domestic air travel is set to reach a full recovery by the start of September, according...August 27, 2020
Morphe Holdings becomes Forma Brands, acquires Playa Beauty
US-based beauty company Morphe Holdings has changed its name, as part of its strategy to become a...August 27, 2020
UK cosmetics and toiletries industry to decline 10% in 2020
The UK cosmetics and toiletries industry is forecast to decline 10% or by £1.7bn ($2.23bn) in 2020,...August 26, 2020
International departures from European airports down 95.3% in Q2
International departures from European airports fell 95.3% year-on-year in the second quarter of 2020 (between April and...August 25, 2020
Foreo partners with Oysho for self-care collection
Swedish skincare company Foreo has teamed up with Spanish apparel brand Oysho to retail an at-home self-care...August 25, 2020
Cosmoprof Asia canceled, moved to November 2021
Beauty trade show Cosmopack and Cosmoprof Asia, slated to take place in Hong Kong in November, has...August 25, 2020
Byredo to launch make-up line
Fragrance brand Byredo is to launch a make-up line in collaboration with British make-up artist Isamaya Ffrench,...August 25, 2020
Jennifer Lopez to launch beauty
American singer and actress Jennifer Lopez is set to launch a beauty brand, according to Lopez’s social...August 25, 2020
Klarna partners with Beautycounter to offer installment payment plan
Fintech company Klarna has partnered with US-based clean beauty brand Beautycounter to offer shoppers its buy now,...August 24, 2020
Alibaba revenue up 34% in June quarter
Alibaba Group’s revenue rose 34% year-over-year to Rmb153.75bn (US$21.76bn) in its June quarter (three months ended June...August 24, 2020
Hainan duty-free shop sales grow 250% in July and August
China’s Hainan island’s duty-free shops’ sales grew 250% year-on-year to Rmb5bn ($722.5m) from July 1 to August...August 24, 2020
Luxe Brands launches new Ariana Grande fragrance
US-based Luxe Brands launched a new fragrance for singer and actress Ariana Grande called R.E.M. Grande’s fragrances...August 24, 2020
The Detox Market acquires Canadian beauty e-retailer Clementine Fields
US-based clean beauty retailer The Detox Market has acquired Canadian wellness and natural beauty online retailer Clementine...August 21, 2020
Lord & Taylor to close another five stores
US-based department-store group Lord & Taylor is to close another five stores. As reported, the retailer said...August 21, 2020
ELC to reduce brick-and-mortar footprint, cut jobs, as part of post COVID-19 restructuring effort
Estée Lauder Companies (ELC) is to reduce its brick-and-mortar distribution and cut around 1,500 to 2,000 jobs...August 20, 2020
Estée Lauder Companies sales fall 4% in fiscal year 2020, down 32% in Q4
Estée Lauder Companies’ (ELC) sales fell 4% to $14.29bn for its fiscal year ended June 30. Excluding...August 20, 2020
Mecca expands into China with Tmall Global launch
Australian beauty retailer Mecca has expanded into the Chinese market through a partnership with cross-border e-commerce platform...August 20, 2020
DFS sees highest-ever one-day beauty sales via livestreaming
LVMH-owned travel retailer DFS launched its first in-store livestreaming event on August 18, with sales during the...August 20, 2020