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
AXIS-Y opens flagship store in Seoul
Korean skincare brand AXIS-Y has opened its flagship store in Seoul's Gangnam district.
Hedge Fund said to be urging Kohl’s to sell
Activist hedge fund Vision One Management is urging US-based department store operator Kohl's to sell.
L’Oréal names Richard Pinabel head of Armani Beauty
The L'Oréal Group has appointed Richard Pinabel as Global Head of Armani beauty.
YSL Beauty US names Charles Melton as new Voice of MYSLF
YSL Beauty US has named actor Charles Melton as the new US Voice of its men’s fragrance MYSLF.
The latest Retail & Tech newsletter out today – No 164
BW Confidential's newsletter on the latest retail & tech trends in beauty
Blackstone said to be considering bid for L’Occitane International
Private equity firm Blackstone is considering a bid for beauty company L’Occitane International, according to Bloomberg News.
Coty names new Chief Brands Officer Prestige
Coty has appointed Jean Holtzmann Chief Brands Officer
Sephora launches brand signature and campaign
Sephora is launching a single brand signature for all its 35 markets worldwide: "We belong to something beautiful".