IFF Q2 fine fragrance sales down 43%
IFF reported a 7% decline in sales for the second quarter to $1.2bn, due to the impact...August 11, 2020
DFS takes stake in Shenzhen Duty Free Ecommerce Co
LVMH-owned travel retailer DFS has taken a 22% stake in Shenzhen Duty Free Ecommerce Co, which is...August 10, 2020
Kanebo Cosmetics to launch Dual Essence serum for Sensai
Kao-owned Kanebo Cosmetics is set to launch a new serum called Dual Essence for its prestige brand...August 7, 2020
Revlon sales down 39% in second quarter, e-commerce grows 58%
US-based Revlon’s net sales fell 39% in the second quarter of 2020 to $347.6m. The company said...August 7, 2020
Symrise organic sales up 3.4% in first half 2020
German flavor and fragrance company Symrise saw its first-half sales increase 7.6% to €1.82bn, despite the challenging...August 6, 2020
Shiseido lays out plans to 2023
Japanese group Shiseido outlined a new strategy dubbed ‘Win 2023’, focused on improving profitability and boosting its...August 6, 2020
Shiseido first-half sales down 26%
Shiseido’s sales for the first half fell 26% to ¥417.8bn ($3.96bn) due to the impact of COVID-19....August 6, 2020
Henkel’s Beauty Care sales down 7.4% in first half
German company Henkel’s sales fell 6% in the first half of 2020 to €9.48bn. Second-quarter sales fell...August 6, 2020
Shiseido inks joint venture with device company Ya-Man
Shiseido has set up a joint venture with Tokyo-based beauty device brand Ya-Man. The new venture called...August 6, 2020
e.l.f. Beauty to create brand with Alicia Keys, sales up 8% in first quarter fiscal 2021
US-based e.l.f. Beauty has partnered with singer Alicia Keys to create a lifestyle beauty brand, expected to...August 6, 2020
Facebook launches Instagram Reels
Facebook has unveiled its short-video feature Reels for social-media platform Instagram. Reels allows users to record and...August 6, 2020
Sa Sa partners with Boutir to launch personal online stores for beauty consultants
Hong Kong-based beauty retailer Sa Sa has partnered with social mobile commerce solutions provider Boutir to launch...August 5, 2020
Aspects Beauty launches e-commerce site
UK-based fragrance and beauty distribution company Aspects Beauty has launched its own direct-to-consumer (D2C) e-commerce site. Called...August 5, 2020
Edgewell to acquire men’s grooming brand Cremo
US-based Edgewell Personal Care is to acquire men’s grooming brand Cremo for an all-cash price of $235m....August 5, 2020
Perfect Corp launches livestream service for brands
AI and AR beauty company Perfect Corp has launched an interactive AR livestream solution for beauty brands,...August 5, 2020
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