Lalique Group sales up 5% in 2023
Lalique Group has reported operating revenue of about €179.2m in its preliminary, unaudited figures for the 2023 financial year.
Kering denies considering a stake in Selfridges
Luxury goods giant Kering has denied a media report that it is considering a stake in UK-based department store Selfridges, according to Bloomberg.
Nordstrom family said to want to take retailer private
The founding family behind US-based department store operator Nordstrom wants to take the retailer private, according to Reuters.
The latest Retail & Tech newsletter out today – No 170
BW Confidential’s newsletter on the latest retail & tech trends in beauty
LVMH Fragrance Brands CEO Romain Spitzer expands role
LVMH Fragrance Brands CEO, Romain Spitzer, is to extend his scope of responsibilities to include New Ventures.
Lagardère Travel Retail partners with RaiseLab
Lagardère Travel Retail has inked an exclusive partnership with RaiseLab, a joint venture between Raise and Schoolab.
Unilever to cut 7,500 jobs
Unilever is to cut around 7,500 jobs globally which is expected to save the company approximately €800m.
Dior names Deva Cassel International Fashion and Beauty Ambassador
Dior has named model and actor Deva Cassel its new International Fashion and Beauty Ambassador.
dsm-firmenich partners with biotech startup Interstellar Lab
dsm-firmenich has inked a partnership with Interstellar Lab, a biotech startup that develops biofarming solutions.
Coty opens beauty stores at Sanya Block C
Coty has opened new stores for several of its Prestige beauty brands in Block C at the CDFG Sanya International Duty Free Shopping Complex.
Bluegem Capital Partners sells majority stake in Beautynova to PAI Partners
Bluegem Capital Partners has sold a majority stake in professional haircare platform Beautynova to PAI Partners.
Celine to launch beauty
Celine (LVMH) has launched its first collection of cosmetics.
MANE opens first fine fragrance creative center in China
MANE has opened its first Fine Fragrance Creative Center in China.
This Week in Beauty March 11-15, 2024
This Week in Beauty video – A highlight of the week’s key news in just under...
Ulta Beauty to expand to Mexico, sales up 10.2% in Q4
Ulta Beauty is to form a joint venture with brand distributor Grupo Axo to launch and operate Ulta Beauty in Mexico in 2025.
TechnicoFlor expands in Asia
TechnicoFlor is expanding its footprint in Asia with the opening of two new factories in China and Indonesia, a new subsidiary in Vietnam and new offices in Bangkok
Seen & heard at Esxence 2024
BW Confidential highlights brands and trends seen at the Esxence event, which took place in Milan from March 6-9
US House passes bill to ban TikTok unless ByteDance sells
The US House of Representatives has overwhelmingly passed the bipartisan bill that could result in a ban of short video app TikTok.
AS Watson names new CEO of Marionnaud Group
Retail company AS Watson Group has appointed Kulvinder Birring
The Shilla Duty Free opens new cosmetics & perfume store
The Shilla Duty Free has opened its new cosmetics and perfume store at Incheon International Airport Terminal 1 in South Korea.
Pochet Group and KOA Glass ink partnership
France-based Pochet Group and Japan-based KOA Glass have inked a partnership.
Bath & Body Works partners with Netflix
Bath & Body Works has entered a year-long partnership with streaming service, Netflix.
dsm-firmenich opens two production plants in France
dsm-firmenich has opened two production plants in Castets, southwestern France, for the production of perfumery ingredients.
Kohl’s sales down 1.1% in Q4
US-based department store chain Kohl’s has reported fourth quarter net sales fell 1.1% year-over-year to $5.7bn.
The Beauty Health Company appoints Marla Beck President and CEO
The Beauty Health Company has appointed Marla Beck permanent President and CEO.
Natura &Co sales down 17.4% in Q4 2023, net loss widens
Natura &Co has reported consolidated net revenue in Q4 2023 rose 4.5% in constant currency to BRL 6.6bn ($1.32bn).
Deirdre Stanley to step down from The Estée Lauder Companies
Deirdre Stanley, Executive Vice President and General Counsel at The Estée Lauder Companies, is to step down from her role.
Beauty consumers want discovery-led, and interactive experiences in-store
Shoppers prefer discovery-led, high-touch and interactive experiences in-store as they look for ways to cut through confusion in the beauty category and overcome choice paralysis.
The latest Retail & Tech newsletter out today – No 169
BW Confidential’s newsletter on the latest retail & tech trends in beauty
MS BEAUTiLAB names Karine Melloul CEO
Karine Melloul has been named CEO of MS BEAUTiLAB.