Amorepacific to launch brands on Amazon US
South Korea-based Amorepacific Group has launched its namesake brand Amorepacific and its Mamonde brand on Amazon’s Premium...August 5, 2020
Iberchem merges operations to create Iberchem South Africa
Spain-based flavor and fragrance company Iberchem Group is to consolidate and expand its presence in South Africa...August 5, 2020
Lord & Taylor to close 19 stores
US-based department-store group Lord & Taylor is to close 19 of its 38 stores. As reported, the...August 5, 2020
Tumi to launch men’s fragrances
Travel and lifestyle brand Tumi is set to launch its first men’s fragrances called Awaken [08:00 GMT]...August 5, 2020
Madeby Collective to create brand for TikTok personality Addison Rae
Beauty brand incubator Madeby Collective is to launch a brand for social-media platform TikTok personality Addison Rae....August 4, 2020
Hainan duty-free revenue grows 234.19% in July
China’s Hainan island’s duty-free shopping revenue grew 234.19% to Rmb2.22bn ($317.9m) from July 1 to 27 year-on-year,...August 4, 2020
Lord & Taylor files for bankruptcy
US-based retailer Lord & Taylor has filed for Chapter 11 bankruptcy. The department-store group estimated its assets...August 3, 2020
Kao expands Sensai Biomimesis Veil skincare with applicator launch
Kao is set to launch skincare tool the Veil Applicator as part of Kao’s est brand and...August 3, 2020
Burberry partners with Tencent to open social-retail store in China
British fashion brand Burberry has partnered with Chinese tech company Tencent to open what it calls luxury’s...August 3, 2020
Microsoft in talks to buy TikTok’s US business
Technology company Microsoft is in talks to acquire short-video platform TikTok’s US operations from Chinese parent company...August 3, 2020
Dufry turnover falls 62% in first half
Swiss travel retailer Dufry’s turnover fell 62% to CHF1.59bn ($1.73bn) in the first half of 2020 due...August 3, 2020
Shiseido opens flagship Store in Ginza, Tokyo
Shiseido is to open what it calls its first global flagship store for the Shiseido brand in...July 31, 2020
Henkel to acquire three direct-to-consumer beauty brands
German company Henkel is to acquire a 75% stake in three direct-to-consumer beauty brands, owned by Berlin-based...July 31, 2020
L’Oréal first-half sales down 11.7%
L’Oréal reported an 11.7% decline in like-for-like sales for the first half of the year to €13.07bn,...July 30, 2020
Firmenich signs partnership with lavandin producer
Firmenich has signed a partnership with Coop SCA3P, a producer of lavandin in Grasse, France. Firmenich says...July 30, 2020
P&G Beauty sales up 4% in fiscal year 2020
US-based consumer goods company P&G’s fiscal year 2020 net sales grew 5% year-on-year to $71bn.The company’s fourth...July 30, 2020
Prestige beauty sales in US fall 36% in Q2
Prestige beauty products sales in the US fell 36% to $2.8bn in the second quarter compared to...July 30, 2020
Hermès Perfumes sales down 58.4% in second quarter
Hermès’ revenue dropped 24% at current exchange rates (-25% at constant exchange rates) to €2.49bn in the...July 30, 2020
TechnicoFlor launches perfumer training program
French flavor and fragrance company TechnicoFlor is to launch a perfumer training program. The program will cover...July 30, 2020
Alès Groupe revenue down 20% in first half
French skincare and haircare company Alès Groupe’s revenues fell 20.1% to €83.5m in the first half of...July 30, 2020
AS Watson Group opens loyalty program to retailers for free
AS Watson Group has opened up its Moneyback loyalty program to retailers and restaurants in Hong Kong...July 30, 2020
Takasago inks deal with Lavandin producers
Japanese fragrance company Takasago has inked an agreement with Provence Perfume Plants Cooperative (SCA3P) in France for...July 30, 2020
Sephora names Artemis Patrick executive vice-president, global chief merchandising officer
Sephora (LVMH) has named Artemis Patrick executive vice-president, global chief merchandising officer, effective August 1. Patrick will...July 30, 2020
Fenty Beauty by Rihanna to launch Fenty Skin
Fenty Beauty by Rihanna (LVMH) is set to launch skincare brand Fenty Skin, according to the brand’s...July 29, 2020
Salvatore Ferragamo fragrance sales down 67% in first half
Italian luxury group Salvatore Ferragamo’s revenues fell 46.6% at current exchange rates to €377m in the first...July 29, 2020
Debenhams explores sale
UK-based retailer Debenhams is exploring a sale, according to a Debenhams spokesperson. Debenhams’ administrators have initiated a...July 28, 2020
Firmenich launches RE|GENERATION movement
Fragrance house Firmenich has launched what it calls a new movement, which it describes as a call...July 28, 2020
Selfridges to lay off 450 employees
UK department-store group Selfridges is to lay off 450 employees, a 14% reduction in staff, due to...July 28, 2020
Walgreens Boots Alliance ceo steps down
Drugstore group Walgreens Boots Alliance (WBA) ceo Stefano Pessina has stepped down. A new ceo has not...July 28, 2020
LVMH profit falls 84% in first half, P&C sales down 29%
LVMH’s sales for the first half fell 27% to €18.39bn, while net profit was down 84% to...July 27, 2020