This Week in Beauty May 6-10, 2024
This Week in Beauty video – A highlight of the week’s key news in just under...
Dior opens first airport spa with Qatar Duty Free
French brand Dior opened its first spa in an airport this week
The Shilla Duty Free inks partnership with Chinese travel and lifestyle platform
The Shilla Duty Free has inked a partnership with travel and lifestyle review platform Meituan-Da Zhong Dian Ping.
ELC appoints Shane Wolf President, Global Brands, Aveda and Bumble & bumble
Estée Lauder Companies has appointed Shane Wolf as President, Global Brands, Aveda and Bumble and bumble.
Shiseido Travel Retail launches first pop-up at Sanya Block C
Shiseido Travel Retail has launched its first pop-up at China Duty Free Group’s Sanya International Duty Free Shopping Complex, Block C
Dubai Duty Free’s Colm McLoughlin to retire
Dubai Duty Free’s Executive Vice Chairman & CEO Colm McLoughlin is to retire at the end of May
Prestige beauty sales in US up 9% in Q1
US prestige beauty industry sales revenue increased by 9% in the first quarter, versus the same period in 2023.
Coty inks license agreement with Lena Gercke
Coty has inked a long-term license agreement with German television presenter and model Lena Gercke.
The latest Retail & Tech newsletter out today – No 177
BW Confidential’s newsletter on the latest retail & tech trends in beauty
IFF Scent segment sales up 16% in Q1
IFF saw net sales of $2.90bn on a reported basis in the first quarter, down 4% compared to the prior-year period.
Coty net revenue up 8% in Q3
Coty saw net revenues grow 8% on a reported basis and 10% on a like-for-like basis to $1.38bn in the third quarter of fiscal year 2024.
Rituals opens new store at Berlin Brandenburg Airport
Rituals opened a new stand-alone store in Terminal 1 Departures at Berlin Brandenburg Airport on April 17, 2024.
L’Oréal Paris opens pop-up at Lagardère Duty-Free Shopping Complex
L'Oréal Paris opened a pop-up at Lagardère Duty-Free Shopping Complex in March for the launch of its Age Perfect Nectar Royal Cream.
MANE announces winners of photography competition
MANE has announced the winners of its Capture What Moves photography competition, which aims to support young creative talent.
Puig begins trading on the Spanish Stock Exchanges
Puig begun trading today as a listed company on the Barcelona, Madrid, Bilbao and Valencia Stock Exchanges (the Spanish Stock Exchanges).
This Week in Beauty April 29-May 3, 2024
This Week in Beauty video – A highlight of the week’s key news in just under...
Sycamore Partners said to be interested in taking Nordstrom private
Sycamore Partners is one of the buyout equity firms that have expressed interest in taking Nordstrom private.
L’Oréal Paris opens pop-up at Thailand King Power Srivaree
L’Oréal Paris has partnered with King Power International for what it calls its first Jumbo thematic pop-up in Thailand King Power Srivaree.
dsm-firmenich sales down 2% in Q1
Dsm-firmenich reported sales fell 2% in the first quarter of 2024 to €3.07bn.
Coty launches Kylie Cosmetics in India
Coty has launched the Kylie Cosmetics brand in India in partnership with beauty retailers House of Beauty (HOB) and Sephora.
ELC Q3 sales up 5%, travel retail improves
Estée Lauder Companies’ (ELC) sales rose 5% to $3.94bn for its third quarter ended March 31, 2024
Bella Hadid to launch fragrance brand
Model Bella Hadid is to launch a new fragrance brand called 'Ôrəbella on May 2.
The latest Retail & Tech newsletter out today – No 176
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Puig sets share price for IPO
Puig has set the price guidance for its IPO at €24.50 per share, the top end of a previously reported range.
L’Occitane owner offers to buy out company
L’Occitane International’s owner Reinold Geiger has made an offer to take the French cosmetics company private.
Maesa names Molly Kennedy VP Marketing
Maesa has named Molly Kennedy VP, Marketing, leading Kristin Ess Hair and other brands
Kering to prioritize bringing fragrance licenses in-house
Kering is to prioritize bringing its fragrance licences in-house.
Estée Lauder Companies and Microsoft to create AI Innovation Lab
The Estée Lauder Companies (ELC) and Microsoft Corp. are expanding their relationship with the creation of an AI Innovation Lab.
L Catterton acquires majority stake in KIKO Milano
Investment firm L Catterton has acquired a majority stake in the Italian beauty brand KIKO Milano.
Unilever’s sales up 4.4% in Q1
Unilever reported underlying sales increased 4.4% in the first quarter of 2024.