Global luxury market to decline by up to 45%, says BCG and Altagamma
The global luxury market is expected to see a 35% to 45% decline in 2020, in the...June 24, 2020
Dufry to reduce personnel expenses
Swiss travel retailer Dufry aims to reduce personnel expenses by 20% to 35% as part of a...June 24, 2020
Chromavis announces new appointments
Cosmetics manufacturer Chromavis has named Ilaria Quattrociocche human resources vice president. She will join the Chromavis management...June 24, 2020
Virtual make-up try-ons grow 28% from end of February to April, says Perfect Corp
Virtual make-up try-ons increased 28% between February 24 and April 6, according to AI and AR beauty...June 23, 2020
Monoprix launches clean make-up collection
French retailer Monoprix (Casino Group) has launched a range of clean make-up called Monoprix Make-up Bio. The...June 23, 2020
Alibaba sees biggest ever 6.18 festival
Alibaba said it saw its largest 618 shopping festival ever this year, with the number of Tmall...June 23, 2020
ELC makes two new appointments
Estée Lauder Companies (ELC) has made two new appointments which it says are aimed at helping the...June 23, 2020
The Hut Group signs brand partnerships worth £100m
UK-based The Hut Group’s (THG) technology services division THG Ingenuity has signed partnerships with six beauty brands,...June 22, 2020
The Shilla Duty Free to sell Huda Beauty
Korea’s The Shilla Duty Free says it will be the first duty-free store globally to sell the...June 22, 2020
Albéa introduces #Travel&StaySafe hygiene kits
Packaging company Albéa has launched a #Travel&StaySafe hygiene kit for the travel industry. The customizable travel kit,...June 22, 2020
JD.com transaction volume up 33.6% during 618 shopping festival
Chinese e-commerce platform JD.com’s transaction volume grew 33.6% year-on-year to Rmb269.24bn ($38.04bn) during the 618 shopping festival,...June 19, 2020
Watch This Week in Beauty June 15-19, 2020
This Week in Beauty Video – A highlight of the week’s key news in just under...June 19, 2020
Interparfums Asia-Pacific and Luxasia donate fragrance to Singapore’s healthcare workers
Interparfums Asia-Pacific teamed up with Singapore-based distribution company Luxasia to distribute 1,500 fragrance products to frontline medical...June 19, 2020
Chanel sees COVID-19 impacting luxury goods market for two years, reports 2019 sales
Chanel says the COVID-19 pandemic will weigh on the luxury-goods sector for at least two years and...June 19, 2020
L’Oréal to acquire Thayers Natural Remedies
L’Oréal is to acquire US-based natural skincare brand Thayers Natural Remedies from Henry Thayer Company. Thayers Natural...June 18, 2020
ELC names Jane Lauder executive vice president, enterprise marketing and chief data officer
Estée Lauder Companies (ELC) has named Jane Lauder executive vice president, enterprise marketing and chief data officer,...June 18, 2020
Shiseido to launch campaign featuring four new brand ambassadors
Shiseido is set to launch a campaign, featuring four new brand ambassadors, on July 1. The new...June 18, 2020
Shiseido opens Beauty Square store in Tokyo
Shiseido opened its Beauty Square store on the first floor of the Harajuku mall in Tokyo on...June 18, 2020
Morphe and Coca Cola partner to launch make-up collection
Beauty brand Morphe and beverage company Coca Cola have partnered to launch a limited-edition make-up collection. Morphe...June 17, 2020
Zalando expands Connected Retail offer to Poland, Sweden and Spain
Online retailer Zalando will expand its Connected Retail program to Poland, Sweden and Spain from July. The...June 17, 2020
Neiman Marcus accesses debtor-in-possession financing
US-based departmant-store group Neiman Marcus received approval from a US bankruptcy court to access debtor-in-possession financing. The...June 17, 2020
US retail sales up 17.7% month-over-month in May, drop 6.1% year-over-year
US retail sales grew 17.7% to $485.5bn in May compared to the prior month , but dropped...June 17, 2020
Ulta partners with Credo Beauty to expand clean beauty range
US-based retailer Ulta Beauty has partnered with clean beauty retailer Credo Beauty to offer a clean beauty...June 17, 2020
The latest Retail & Tech newsletter out today
The latest issue of BW Confidential’s Retail & Tech newsletter is out today. In this issue: shrinking...June 16, 2020
JD.com and Kuaishou launch livestreaming e-commerce partnership
E-commerce platform JD.com and Kuaishou, a video sharing and livestreaming platform in China, launched their first joint...June 16, 2020
Kanye West files trademark for beauty products
Musician Kanye West filed a trademark application for a beauty line under his brand Yeezy earlier this...June 16, 2020
Mall landlords and Authentic Brands Group in talks to buy JCPenney, says report
US-based mall landlords Simon Property Group Inc and Brookfield Property Partners LP and brand development company Authentic...June 16, 2020
China’s cosmetics retail sales grow 12.9% in May
Total retail sales of cosmetics in China in May grew 12.9% year-on-year to Rmb27bn ($3.81bn), according to...June 16, 2020
Douglas to realign store network, names restructuring officer
Germany-based beauty retailer Douglas is to realign its store network and ramp up e-commerce due to the...June 16, 2020
Walmart partners with Shopify
US-based retailer Walmart has inked a partnership with e-commerce platform Shopify, which will allow Shopify merchants to...June 16, 2020