Target launches new low-price owned brand
US-based retail corporation Target has launched its new low-price owned brand called dealworthy.
This Week in Beauty February 12-16, 2024
This Week in Beauty video – A highlight of the week’s key news in just under...
Marionnaud launches “Low Prices” campaign
Marionnaud is rolling out a campaign called "Prix Bas" (“Low Prices”) to, it says, make beauty affordable and accessible to all.
The Body Shop files for insolvency for German business
The Body Shop has filed for insolvency for its German business, according to German newspaper Bild.
Takasago appoints Frédéric Rivoire as European Fine Fragrance Leader
Takasago has appointed Frédéric Rivoire as European Fine Fragrance Leader.
IFF promotes three women perfumers to vice president perfumers
IFF has promoted three women perfumers to vice president perfumers: Patricia “Patty” Hidalgo, Joa Kim and Birgit Sijbrands.
dsm-firmenich sales down 7% in 2023, to separate Animal Nutrition & Health business
Dsm-firmenich has reported sales fell 7% in 2023 to €12.3bn on a pro-forma basis.
Douglas EBITDA up 12.6% in Q1
Douglas has reported it has increased its profitability in the first quarter and generated an adjusted EBITDA of €348.3m.
The latest Retail & Tech newsletter out today – No 165
BW Confidential's newsletter on the latest retail & tech trends in beauty.
Penhaligon’s launches new concept at Incheon International Airport
Penhaligon’s has partnered with The Shilla Duty Free to launch its first travel retail exclusive concept called the Festival of Flight at Incheon International Airport.
Too Faced launches online-exclusive product release program
Too Faced has launched what it calls Fantasy Factory, an online-only product drop program.
Singapore acquires stake in Kohl’s
GIC Private, which represents the Government of Singapore and the Monetary Authority of Singapore, has taken a 5.01% stake in Kohl’s.
The Body Shop owners to call in administrators for UK business
The new owner of The Body Shop, private equity firm Aurelius, is lining up administrators for its British arm.
Shiseido sales down 8.8% in 2023
Shiseido has reported net sales for 2023 fell 8.8% year-over-year to ¥973bn ($6.53bn) on a reported basis.
Key takeaways on the beauty market from L’Oréal’s annual meeting
BW Confidential highlights the key takeaways from L'Oréal's annual
L’Oréal invests in Chinese fragrance brand To Summer
L’Oréal has made a minority investment in Chinese fragrance brand To Summer.
Douglas’ Jörn Kreke passes away
Jörn Kreke, Honorary Chairman of the Douglas Supervisory Board, passed away on Wednesday at the age of 83.
This Week in Beauty February 5-9, 2024
This Week in Beauty video – A highlight of the week’s key news in just under...
L’Oréal inks licensing agreement with Miu Miu
L'Oréal Groupe and Prada have inked a licensing agreement for the creation, development and distribution of Miu Miu beauty products.
Hermès Perfumes & Beauty sales up 9.8% in 2023
Hermès reported sales rose 13% at current exchange rates in the fourth quarter of 2023 to €3.3bn.
Bulgari unveils pop-up at Istanbul Airport
Bulgari has unveiled a new pop-up at Istanbul Airport presenting the Bulgari Allegra fragrance collection.
L’Oréal sales up 7.6% in 2023
L'Oréal sales up 7.6% in 2023
Unilever turnover down 0.8% in 2023
Unilever reported turnover fell 0.8% to €59.6bn in 2023.
e.l.f. Cosmetics to release second Super Bowl commercial
e.l.f. Cosmetics is returning to the Super Bowl this year with its TV commercial, "Judge Beauty."
Beyoncé launches haircare brand Cécred
Singer Beyoncé has launched a haircare brand called Cécred.
dsm-firmenich’s Felix Frowein to leave company
Felix Frowein, SVP Global Consumer Fragrances, is to leave dsm-firmenich by June 30th, 2024.
Henkel acquires Vidal Sassoon in Greater China from P&G
Henkel has inked an agreement to acquire the haircare brand Vidal Sassoon and its related business in Greater China from P&G.
French cosmetics exports up 10.8% in 2023 to record €21.3bn
For the first time, French cosmetics exports exceeded the €20bn mark in 2023. The industry grew 10.8% to a record €21.3bn.
Coty sales up 13% in Q2
Coty has experienced sales growth of 13% as reported and 11% like-for-like in the second quarter of fiscal year 2024.
Alexandra Palt to leave L’Oréal
L’Oréal’s Chief Corporate Responsibility Officer Alexandra Palt is to leave the