Albéa names new CEO
Albéa Group has made organizational changes to its management team.
LVMH Perfumes & Cosmetics revenues up 3% in Q1
LVMH’s sales fell 2% in the first quarter of 2024 to €20.7bn. On an organic basis, revenues rose 3%.
Give Back Beauty acquires INCC, Mercedes-Benz Parfums licensee
Give Back Beauty (GBB) group and Mercedes-Benz Customer Solutions have inked a long-term partnership.
The latest Retail & Tech newsletter out today – No 174
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Sephora names Xia Ding Managing Director, Sephora Greater China
Sephora has named Xia Ding Managing Director, Sephora Greater China.
Beiersdorf organic sales up 7.3% in Q1
Beiersdorf has reported organic sales increased 7.3% to €2.6bn in the first quarter.
L’Oréal USA promotes Silvia Galfo to President, Luxe Division
L'Oréal USA has promoted Silvia Galfo to President, Luxe Division.
in-cosmetics Global opens in Paris, France
in-cosmetics Global opens today at the Porte de Versailles exhibition center in Paris, France.
Douglas Group reduces debt as sales increase 11.5% in Q2
Douglas Group has reduced its net debt by one billion euros following its listing on the Frankfurt Stock Exchange.
2024 Summit of the Americas opens in Florida, US
The 2024 Summit of the Americas opened yesterday April 14 at the Palm Beach County Convention Center.
Robertet net income down 1.9% in 2023
Robertet reported consolidated net income was €74.6m in 2023, a fall of 1.9% compared to 2022
This Week in Beauty April 8-12, 2024
This Week in Beauty video – A highlight of the week’s key news in just under...
What to look out for at the Fragrance Zone at in-cosmetics
A preview of innovations to be unveiled at in-cosmetics Global's Fragrance Zone
Estée Lauder names Korean singer IU as global brand ambassador
Estée Lauder has named Korean singer, songwriter and actress, IU, as its new Global Brand Ambassador.
iRomaScents launches new fragrance dispenser
iRomaScents has developed a new fragrance dispenser.
Givaudan sales up 12.6% in Q1
Givaudan has reported sales of CHF 1.82bn ($1.97bn) in the first three months of 2024, up 12.6% on a like-for-like basis.
Macy’s names two new independent directors in agreement with Arkhouse
Macy’s is continuing talks with investment companies Arkhouse Capital and Brigade Capital Management.
NRDC Equity Partners and BB Kapital to acquire Galeria Karstadt Kaufhof
NRDC Equity Partners and BB Kapital, Bernd Beetz’s family office, have undertaken the acquisition of Galeria Karstadt Kaufhof.
Teens’ core beauty wallet reaches highest level since spring 2018
Beauty is still a top priority among Gen Z in the US, according to Piper Sandler’s 47th Semi-Annual Taking Stock With Teens Survey
Croda’s Fragrances and Flavours sales surpass €290m in 2023
Croda’s Fragrances and Flavours (F&F) business reported sales surpassed €290m for the first time in 2023, increasing by 17%.
Estée Lauder Companies fund invests in KIKI World
KIKI World has received $7m in funding led by venture capital fund a16z crypto and The Estée Lauder Companies' New Incubation Ventures.
The latest Retail & Tech newsletter out today – No 173
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Blackstone and L’Occitane International owner get closer to taking company private
Blackstone and the owner of L’Occitane International are getting closer to a deal to take the French cosmetics company private.
Sephora to open two new stores in UK
Sephora is continuing its northern expansion in the UK by opening two new stores in Newcastle this autumn.
AS Watson names Malina Ngai Group CEO
Retail group AS Watson has promoted Malina Ngai to Group CEO,
Puig announces plans to list on stock exchange
Spanish company Puig announced that it plans to float on the
Clarins Group acquires farmland in France
The Clarins Group has acquired Domaine Sainte-Colombe, a natural area of 115 hectares located near Nimes, France.
Dover Street Market to open permanent concept store in Paris
Dover Street Market is to open a permanent concept store in Paris in mid-spring this year.
Fragrance launches up 7% in 2023
Michael Edwards has released his Quarterly Insights: 2023 Annual Report.
Manzanita Capital said to be preparing to sell Space NK
Private investment firm and owner of Space NK, Manzanita Capital, is preparing to sell the beauty retailer for over £300m, according to Sky News.