L’Occitane to go private
L’Occitane International will delist from the Hong Kong’s stock exchange after a public offer received sufficient support.
Estée Lauder Companies names Akhil Shrivastava Executive VP and CFO
The Estée Lauder Companies (ELC) has named Akhil Shrivastava Executive Vice President and Chief Financial Officer.
LVMH Perfumes & Cosmetics sales up 4% in Q2, group profit falls 14% in H1
LVMH’s sales rose by 1% to €20.98bn in the second quarter as the group cited an uncertain...
The latest Retail & Tech newsletter out today – No 188
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Interparfums Q2 sales up 16%, to renew Van Cleef & Arpels license
Interparfums’ sales in the second quarter rose by 16% to €210m on the back of a strong fragrance market globally.
Viktor&Rolf Fragrances launches on Amazon Premium Beauty
L'Oréal has launched Viktor&Rolf Fragrances on the Amazon Premium Beauty Store.
Givaudan sales up 12.5% in first half of 2024
Givaudan's sales for the first six months of 2024 were CHF 3.73bn ($4.19bn), a rise of 12.5% on a like-for-like basis.
American Exchange Group acquires Indie Lee
Accessories designer and manufacturer American Exchange Group (AXNY Group) has acquired clean skincare brand, Indie Lee.
Peter Hawkings to step down as Creative Director of Tom Ford
Peter Hawkings is stepping down as Creative Director of the brand Tom Ford (Estée Lauder Companies).
Saudi Arabia Investment Fund offers to raise its stake in Selfridges
Saudi Arabia’s Public Investment Fund (PIF) has made an offer that would raise its stake in UK department store Selfridges to 50%, according to Bloomberg News.
L’Occitane launches travel retail summer campaign for Sol de Janeiro
L’Occitane Travel Retail has launched a summer promotional campaign for the Sol de Janeiro brand called 'Unleash Your Summer Self!'
This Week in Beauty July 15-19, 2024
This Week in Beauty video – A highlight of the week’s key news in just under...
Kao to open first flagship store for Kate brand in Tokyo
Kao Corporation is to open its first global flagship store for make-up brand Kate in Tokyo, Japan.
The Body Shop enters exclusivity agreement for buyout
The administrators of The Body Shop, FRP Advisory, has entered into an exclusivity agreement with a consortium led by investment company Auréa.
US consumers predicted to spend $14bn online for Amazon Prime Day
US consumers are predicted to spend a record $14bn online across the two-day Amazon 2024 Prime Day event.
Cosmetic Valley joins the Value of Beauty Alliance
French cosmetics cluster Cosmetic Valley has joined the Value of Beauty alliance in a bid to...
Seen at the World Perfumery Congress
BW Confidential highlights the innovations presented at the World Perfumery Congress (WPC) 2024.
Revieve and Google Cloud launch digital skincare advisor for Trinny London
Revieve and Google Cloud have partnered with cosmetics brand Trinny London to launch the Trinny London Digital Skincare Advisor.
GEKA invests in facilities in Brazil, the US and Germany
Beauty packaging manufacturer GEKA is to make investments across its facilities in Brazil, the US, and Germany.
Douglas Group raises sales forecast, sells online pharmacy business
Douglas Group has raised its net sales growth forecast for the current financial year 2023/24 from around 7% to around 8.5%.
Channing Tatum named new face of Versace Eros
Channing Tatum has been named the face of the Versace Eros fragrances campaign.
L’Oréal launches fragrance collection for Valentino
Valentino Beauty has launched a collection of seven fragrances called Anatomy of Dreams.
Chanel opens fragrance and beauty pop-up at Istanbul Airport
Chanel has opened a fragrance and beauty pop-up called the Chanel Summer Club within the International Departure Terminal of Istanbul Airport in Türkiye.
The latest Retail & Tech newsletter out today – No 187
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Innovative Beauty Group partners with Family Dollar to launch haircare line
Innovative Beauty Group’s (IBG) brand incubator has partnered with Family Dollar to launch a haircare line called Crown Hair Society.
Macy’s ends buyout talks with Arkhouse and Brigade
Macy’s has terminated discussions with investment companies Arkhouse Management and Brigade Capital Management about a potential buyout.
Karl Lagerfeld launches two new fragrances
Interparfums has launched two new fragrances for the Karl Lagerfeld brand.
Sephora to open new store in UK
Sephora UK is to open a new store in Birmingham at the Bullring shopping center, continuing its retail expansion in the country.
PSB Industries to acquire Quadpack and combine with Texen
PSB Industries is to acquire packaging company Quadpack Industries and combine it with its Texen subsidiary into...
Unilever to cut 3,200 jobs in Europe
Unilever is to cut as many as 3,200 jobs, or around a third of all office roles, in Europe by the end of 2025.