Fenty Beauty to launch skincare
Fenty Beauty by Rihanna (LVMH) founder Rihanna confirmed the launch of a full skincare line called Fenty...April 20, 2020
PSB Industries ends acquisition talks with Groupe Pochet due to COVID-19
Beauty packaging company PSB Industries ended negotiations with manufacturer Groupe Pochet to acquire its plastic and metal...April 20, 2020
AirAsia resumes domestic operations
AirAsia is set to resume scheduled domestic flights starting with Malaysia on April 29. The resumption will...April 20, 2020
Consumers globally decrease skincare & make-up spending amid pandemic
Consumers in Brazil, South Africa, the UK, France and Spain expect to spend some 50% less on...April 20, 2020
Amazon extends suspension of French operations
Amazon has extended the temporary closure of its French warehouses until April 22. In a statement the...April 20, 2020
P&G sales up 5% in third quarter
US-based consumer goods company P&G’s net sales grew 5% to $17.2bn in the third quarter, compared to...April 17, 2020
COVID-19 Industry Talks: L’Oréal deputy ceo, in charge of divisions, Nicolas Hieronimus
In our COVID-19 Industry Talks series, L’Oréal deputy ceo, in charge of divisions, Nicolas Hieronimus tells BW...April 17, 2020
Watch This Week in Beauty April 13-17, 2020
This Week in Beauty Video – A highlight of the week’s key news in just under...April 17, 2020
Neiman Marcus defaults on payments
US-based retailer Neiman Marcus missed interest payments according to a letter from investment firm Marble Ridge Capital...April 17, 2020
Boots UK temporarily closes 60 stores
UK retailer Boots (Walgreens Boots Alliance) temporarily closed 60 stores which it describes as “very quiet at...April 16, 2020
L’Oréal Q1 sales down 4.8%
L’Oréal reported a 4.8% decline in sales to €7.22bn for the first quarter and said that while...April 16, 2020
LVMH perfumes & cosmetics sales down 19% for Q1 2020
LVMH reported a 15% decline in sales to €10.6bn in the first quarter of 2020 (-17% on...April 16, 2020
Sa Sa turnover falls 56.5% in fourth quarter
Hong-Kong-based beauty retailer Sa Sa’s retail and wholesale turnover fell 56.5% to HK$892.4m (US$115m) in the fourth...April 16, 2020
Amazon suspends French operations
Amazon has closed its warehouses in France for four days, as it seeks to comply with a...April 16, 2020
US retail sales down 8.7% in March
US retail sales dropped 8.7% to $483.1bn in March compared to the month prior, and decreased 6.2%...April 16, 2020
TFWA to amend pricing and format for Cannes show
Travel retail association TFWA has amended the pricing and format of the World Exhibition & Conference, to...April 15, 2020
ELC ceo takes 50% pay cut amid COVID-19
Estée Lauder Companies (ELC) said executive chairman William Lauder and president and ceo Fabrizio Freda will take...April 15, 2020
Clarins not to implement government-backed unemployment scheme in France
Clarins has said it will not seek to benefit from the French government’s partial unemployment scheme. Under...April 15, 2020
Brisbane Airport launches online marketplace amid COVID-19
Brisbane Airport Corporation (BAC) is to launch an online airport marketplace on April 16 to offset decreased...April 15, 2020
JCPenney explores debt management options
US-based retailer JCPenney has begun discussions with consulting firm AlixPartners LLP i to explore options for managing...April 15, 2020
Coty executives take 25% pay cut amid COVID-19
Coty ceo Pierre Laubies and chief financial officer and chief operating officer Pierre-André Terisse will take a...April 15, 2020
Symrise appoints Yvan Bagnis vp global account & new business development
German fragrance house Symrise has appointed Yvan Bagnis vice president global account and new business development at...April 15, 2020
North Castle Partners teams up with True Beauty Capital to provide capital to beauty companies
Private equity firm North Castle Partners will partner with beauty investment firm True Beauty Capitalto provide private...April 14, 2020
Macy’s hires investment bank to explore refinancing amid COVID-19
US-based department store Macy’s has hired investment bank Lazard Ltd to explore refinancing options after the retailer...April 14, 2020
Cosmogen merges with PYC
Cosmetics packaging manufacturer Cosmogen has merged with dispensing packaging specialist manufacturer PYC. The company will operate under...April 14, 2020
London Heathrow Airport to consolidate operations to Terminals 2 and 5
London Heathrow Airport will consolidate all operations to Terminals 2 and 5 over the coming weeks due...April 14, 2020
Givaudan sales grow 5.4% in first quarter 2020
Swiss flavor and fragrance company Givaudan reported a 5.4% sales increase on a like-for-like basis to CHF1.62bn...April 14, 2020
Watch This Week in Beauty April 6-10, 2020
This Week in Beauty Video – A highlight of the week’s key news in just under...April 10, 2020
Phuket Airport suspends operations due to COVID-19
Airports of Thailand (AOT) will suspend operations at Phuket Airport, effective April 10, due to COVID-19. The...April 10, 2020
YouCam Makeup extends hours due to high demand during lockdown
AI and AR company Perfect Corp extended the hours of its virtual beauty app YouCam Makeup services...April 10, 2020