e.l.f. Beauty reaffirms fiscal 2020 guidance
US-based beauty company e.l.f. Beauty reaffirmed its fiscal 2020 guidance, which it issued on February 5. The...March 31, 2020
Macy’s to furlough most of its workforce
US-based department store Macy’s is to furlough most of its workforce this week, as the COVID-19 pandemic...March 30, 2020
L’Oréal suspends guidance, expects 5% sales decline for Q1 due to COVID-19
L’Oréal has suspended its guidance and said that the COVID-19 pandemic and measures taken by countries in...March 30, 2020
L’Oréal not to cut staff in France due to COVID-19
L’Oréal announced that it will not lay off any employees and will continue paying the full salaries...March 30, 2020
Shiseido to launch sustainable skincare brand Baum
Shiseido is set to launch a new sustainably focused skincare brand Baum as part of the company’s...March 30, 2020
South Korea retail grows 9.1% thanks to online sales
South Korea’s overall retail sales rose 9.1% in February compared to the same period last year, thanks...March 30, 2020
UK prestige hand soap sales increase 102% due to COVID-19
Sales of prestige hand soap in the UK grew 102% in the week beginning March 8 compared...March 30, 2020
Easyjet grounds fleet
European airline easyjet has grounded its fleet, after completing rescue flights to repatriate customers on Sunday. The...March 30, 2020
Watch This Week in Beauty March 23-27, 2020
This Week in Beauty Video – A highlight of the week’s key news in just under...March 27, 2020
BW Confidential reveals results of COVID-19 International Beauty Industry Survey
BW Confidential aimed to find out how the industry is dealing with the current crisis through its...March 26, 2020
Paris-Orly Airport and London City Airport to close temporarily
Paris-Orly airport is to temporarily close from March 31 due to lack of traffic as a result...March 26, 2020
Quadpack launches real-time COVID-19 business update dashboard
Beauty packaging manufacturer Quadpack has launched a real-time COVID-19 business update dashboard on its website in a...March 25, 2020
Cosmetic Valley joins government-backed Stopcovid19
France’s cosmetics cluster Cosmetic Valley has joined Stopcovid19, a platform created by the French Ministry of Economy...March 25, 2020
Douglas opens up online marketplace to more retailers and brands to help offset lost sales from COVID-19
Germany-based beauty retailer Douglas is to facilitate access to its online marketplace for retailers and brands in...March 25, 2020
Estée Lauder Companies to manufacture hand sanitizer
The Estée Lauder Companies (ELC) will reopen one of its manufacturing facilities to produce hand sanitizer for...March 25, 2020
Dubai Duty Free temporarily closes due to COVID-19
Travel retailer Dubai Duty Free will temporarily close, in line with the UAE government’s decision to suspend...March 24, 2020
Ulta Beauty draws down $800m under revolving credit amid COVID-19
US-based beauty retailer Ulta Beauty recently drew down $800m under its revolving credit facility in its updated...March 24, 2020
India goes into lockdown to curb COVID-19 spread
India has announced a three-week lockdown that would see only essential services operate for 21 days. India’s...March 24, 2020
Inter Parfums Inc withdraws 2020 guidance due to COVID-19
Inter Parfums Inc has withdrawn its 2020 full year guidance due to the uncertainties surrounding the spread...March 24, 2020
Estée Lauder Companies donates to COVID-19 relief funds
The Estée Lauder Companies (ELC) corporate foundation The Estée Lauder Companies Charitable Foundation (ELCCF) has provided funding...March 24, 2020
UK goes into lockdown
The UK announced the closure of all non-essential shops and at-home confinement to help curb the spread...March 24, 2020
BW Confidential’s latest Beauty Insight publication out today
BW Confidential’s latest Beauty Insight is out today.Highlights include a feature on how stores are looking to...March 24, 2020
Cosmoprof India 2020 postponed to October
Cosmoprof India 2020 has been postponed from September 2-4 to October 29-31, the show’s organizers, BolognaFiere Group...March 23, 2020
Italy shuts down non-essential manufacturing until April 3
All of Italy’s non-essential manufacturing will cease operations until April 3 due to COVID-19, Italian prime minister...March 23, 2020
Coty expects 20% revenue drop in fiscal third quarter due to COVID-19
Coty has withdrawn its financial guidance for its full fiscal year 2020 and expects net revenues for...March 20, 2020
Companies to lose some €1 trillion in brand value due to COVID-19
The world’s biggest companies could lose up to €1 trillion in brand value due to the impact...March 20, 2020
Watch This Week in Beauty March 16-20, 2020
This Week in Beauty Video – A highlight of the week’s key news in just under...March 20, 2020
IAADFS asks airports to suspend minimum guarantee payments
US-based travel-retail association the IAADFS has sent a letter to airports requesting that they suspend guaranteed payments...March 20, 2020
Take part in the COVID-19 International Beauty Survey
At this time of crisis, the industry needs trusted information on how consumers, retailers, brands and suppliers...March 19, 2020
Estée Lauder Companies withdraws guidance due to COVID-19
Estée Lauder Companies (ELC) has withdrawn its previous financial guidance due to the escalation of COVID-19. On...March 19, 2020