Macy’s sales down 5.1% in Q1
Macy’s net sales dropped 5.1% in the first quarter to $4.6bn.
The Perfume Shop reveals new retail concept
The Perfume Shop is opening two stores under a new ‘Boutique’ retail concept.
Hudson’s Bay to lay off 8,300 employees
Hudson’s Bay plans to lay off 8,347 employees on June 1.
The latest Retail & Tech newsletter out today – No 222
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Shiseido opens new retail area at Fukuoka Airport in Japan
Shiseido has opened its new retail area at the recently renovated Fukuoka Airport in southern Japan.
Givaudan launches new fragrance design tool
Givaudan has launched a new fragrance design tool called ChériScentz.
Schwan-STABILO names new CEO
Schwan-STABILO’s CEO Sebastian Schwanhäußer is to step down at the end of the current fiscal year.
Verescence acquired by Movendo Capital and Draycott
Glass packaging company Verescence has been acquired by Movendo Capital and Draycott.
Lancôme’s Françoise Lehmann to leave company
L’Oréal Group’s Global Brand President of Lancôme, Françoise Lehmann, is to leave the company.
L’Oréal makes minority investment in Chinese biotech
L’Oréal has made a minority investment in Chinese biotech company Veminsyn.
This Week in Beauty May 19-23, 2025
This Week in Beauty video – A highlight of the week’s key news in just under...
Walmart said to be planning to cut 1,500 jobs
Walmart is said to be planning to cut around 1,500 jobs.
Target sales down 2.8% in Q1
Target Corporation reported net sales fell 2.8% to $23.8bn in the first quarter.
Gen Z is changing the face of beauty — Revieve reveals how
Generation Z is not just influencing the beauty industry—they’re rewriting its very DNA.
Beiersdorf invests in biotech Vincere Biosciences
Beiersdorf has invested in US-based biotechnology company Vincere Biosciences
Boots introduces dermatology training for pharmacists and AI skin tool
Boots has introduced dermatology training on common skin conditions for its pharmacists and pharmacy team members.
The Cosmetic Victories winners revealed at ceremony in Paris
The winners of the 10th edition of The Cosmetic Victories competition were unveiled on Tuesday May 20 in Paris, France.
LVMH said to be cautioning investors about weak demand
LVMH is said to be cautioning investors and analysts that demand remains weak, according to Bloomberg.
Revolution Beauty considering a sale after takeover approach
Revolution Beauty said yesterday that it was considering a sale after it received a preliminary takeover approach.
Lagardère Travel Retail partners with The Tourvest Group
Lagardère Travel Retail and Tourvest Group are to collaborate on retail, hospitality and tourism development initiatives.
ELC launches pop-up for China Duty Free’s Global Shopping Festival in Hainan
The Estée Lauder Companies has launched a pop-up called Stars of the Night during China Duty Free’s Global Shopping Festival.
Revlon inks fragrance license with Palm Angels
Revlon Consumer Products has inked a fragrance licensing agreement with fashion brand Palm Angels.
Chanel sales and profits decline in 2024
Chanel’s revenues were down 5.3% in 2024 to $18.7bn in 2024, while operating profit fell 30%
L’Occitane en Provence names Olivier Dupuy General Manager France
L'Occitane en Provence has named Olivier Dupuy General Manager France.
IEVA Group receives minority investment from Reworld Media
Beauty company IEVA Group has secured a €3m capital increase from media company Reworld Media.
The latest Retail & Tech newsletter out today – No 221
BW Confidential’s newsletter on the latest retail & tech trends in beauty
India’s Colorbar Cosmetics plans to go public
Indian beauty brand Colorbar Cosmetics is planning to go public in early 2027.
Bath & Body Works names Daniel Heaf CEO
Bath & Body Works has named Daniel Heaf CEO.
Unilever to invest $107m in new in-house fragrance capabilities
Unilever is to invest £80m to build in-house fragrance capabilities in the UK.
Nordstrom completes acquisition
The acquisition of Nordstrom has been completed.