Watch This Week in Beauty April 20-24, 2020
This Week in Beauty Video – A highlight of the week’s key news in just under...April 24, 2020
Unilever turnover grows 0.2% in first quarter, withdraws 2020 outlook
Unilever’s total turnover increased 0.2% to €12.44bn in the first quarter 2020 year-over-year. The increase includes a...April 23, 2020
Dufry sales for first two weeks in April down 90%, implements new measures to preserve cash
Swiss travel retailer Dufry has implemented a string of measures to strengthen its liquidity in light of...April 23, 2020
Interparfums Q1 sales down 18%
Interparfums reported an 18.2% decline in sales for the first quarter to €103.5m (-19.5% at constant exchange...April 23, 2020
Hermès perfume sales down 3% in Q1
Hermès’ revenue dropped 6.5% to €1.5bn for the first quarter 2020. The company’s perfume business revenue fell...April 23, 2020
Sycamore seeks to pull out of Victoria’s Secret acquisition
Private-equity company Sycamore Partners is looking to pull out of its deal to acquire a 55% stake...April 22, 2020
Some 40% of travelers expect to avoid travel for six months post-pandemic
Some 60% of recent travelers anticipate a return to travel within one to two months of the...April 22, 2020
Google allows merchants to list products free of charge amid pandemic
Google has advanced its plans to allow merchants to list products on Google Shopping for free in...April 22, 2020
Foreo reveals global initiatives in fight against COVID-19
Swedish skincare company Foreo has highlighted four initiatives it has taken during the COVID-19 pandemic. The company...April 22, 2020
Alibaba to invest $28bn in cloud technology to support digital business
Alibaba Group’s data intelligence platform Alibaba Cloud will invest RMB200bn ($28bn) in its cloud infrastructure over the...April 22, 2020
Gebr Heinemann predicts high losses for 2020, but says is well-positioned
German travel retailer Gebr Heinemann said that while 2020 will be characterized by high financial losses due...April 21, 2020
Douglas boosts small business visibility with online initiatives
Germany-based beauty retailer Douglas is using its online and social-media platforms to help boost small businesses’ visibility...April 21, 2020
CK Everyone receives health certificate for eco-friendly practices
Calvin Klein fragrances (Coty) achieved a Silver level Material Health Certificate from the Cradle to Cradle Products...April 21, 2020
BW Confidential’s latest issue of Beauty Insight out today
BW Confidential’s latest Beauty Insight is out today. Inside this issue: COVID-19 & the state of beauty:...April 21, 2020
Make Up For Ever launches AI-powered Shade Finder
Make Up For Ever (LVMH) has partnered with AI and AR company Perfect Corp to launch foundation...April 20, 2020
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