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
NRF asks US government for further retail industry aid amid COVID-19
US-based National Retail Federation (NRF) president and ceo Matthew Shay asked the US government for more aid...April 10, 2020
Prestige beauty sales drop 93% in France’s first week of lockdown
Prestige beauty product sales dropped 93% in France’s first week of lockdown, beginning March 16, compared to...April 9, 2020
Ulta Beauty to furlough staff, ceo takes pay cut
US-based beauty retailer Ulta Beauty will temporarily furlough many of its salon and store associates, effective April...April 9, 2020
Hotel Shilla becomes 44% shareholder of 3Sixty Duty Free
The Shilla Duty Free parent company Hotel Shilla has become a 44% shareholder of 3Sixty Duty Free...April 8, 2020
Alibaba launches 2020 Spring Thunder Initiative to support SMEs amid COVID-19
Alibaba Group chairman and ceo Daniel Zhang has launched the 2020 Spring Thunder Initiative aimed at supporting...April 8, 2020
Singapore retail to receive rental rebate amid COVID-19
Singapore-based real estate operating company City Developments Limited has said it will give rental relief and support...April 8, 2020
VivaTech postponed to spring 2021
Paris-based international technology fair Viva Technology has postponed its fifth edition to May/June 2021 due to the...April 8, 2020
UK prestige nail product online sales grow 24% in lockdown
Online sales of nail products grew in the double digits in the UK’s first weeks of COVID-19-related...April 8, 2020
Estée Lauder Companies draws $1.3bn on revolving credit amid COVID-19
Estée Lauder Companies (ELC) borrowed $1.3bn under its $1.5bn revolving credit facility on Tuesday to “enhance financial...April 8, 2020
Macy’s chief financial officer to leave company
US-based department store Macy’s’ executive vice president and chief financial officer Paula Price will leave the company,...April 8, 2020
Frankfurt Airport suspends operations in Terminal 2
Frankfurt Airport has suspended operations at its Terminal 2. The airport has bundled all its passenger handling...April 7, 2020
Online prestige beauty sales in the US grow 47% amid COVID-19
Online prestige beauty sales in the US grew 47% in week ending March 28, compared with the...April 7, 2020
BW Confidential’s latest issue of Beauty Insight out today
BW Confidential’s latest Beauty Insight is out today. Inside this issue: E-commerce in a pandemic: An insight...April 7, 2020
Salvatore Ferragamo sales down 30.6% in first quarter 2020
Italian luxury group Salvatore Ferragamo’s sales fell 30.6% to €220m in the first quarter of 2020 compared...April 7, 2020
Debenhams files for administration amid COVID-19 store closures
UK-based retailer Debenhams filed a Notice of Intent (NOI) to appoint an administrator, following store closures as...April 6, 2020