EcoBeautyScore, a consortium aiming to develop an industry-wide environmental impact assessment and scoring system for beauty products, has officially launched with 36 members, among them LVMH, L'Oréal and Estée Lauder.
Britain’s Revolution Beauty has acquired has acquired US firm BH Cosmetics out of Chapter 11 bankruptcy. The deal will complement its existing portfolio and builds on its digital-first and global platform strategy.
Studio Retail only appointed administrators this week but it’s already been sold. And the new owner is Frasers Group. The Mike Ashley-led retail giant already owned an almost-30% stake pre-administration
In 2021, German consumer goods group Henkel generated sales worth €20.1 billion, up by 7.8%. The group’s beauty division, including brands like Diadermine and N.A.E., posted a modest 1.4% growth.
Now the world’s sixth-largest prestige perfumery market, China is expected to climb into second place by 2025, driven by its 150 million digital-native consumers, according to Japanese scent manufacturer Takasago.
Farfetch’s Q4 and full-year results on Thursday showed strong progress at the luxury platform as it swung to a profit and saw record sales figures.
It’s a busy time for Authentic Brands Group. On the same day as it announced its New Guards link-up for Reebok, it also revealed a major new strategic partnership with David Beckham.
Estee Lauder Cos Inc has placed its executive group president, John Demsey, on unpaid leave due to content posted on his Instagram account, a regulatory filing showed on Thursday.
Any hopes that Studio Retail might turn around its fortunes have been dashed as it has formally called in administrators. The online retailer has appointed Teneo to handle its collapse, with around 1,400 jobs at risk.
Demand for new stores in central London is at record levels as the capital’s retail sector continues to recover from the pandemic, research from property firm Colliers shows.
UK retail sales volumes rose above seasonal norms in February, as shoppers returned to high streets on the diminishing threat of Omicron, the latest CBI quarterly Distributive Trades Survey shows.
The latest celebrity beauty line set to hit the market will come from power couple Idris and Sabrina Elba. After launching their Coupledom podcast they now plan to launch a gender-neutral skincare and wellbeing line.
Social media has long been touted as a key future channel for products sales and it seems that the future is already here as far as beauty is concerned.
The French eco-luxury makeup brand raised €10 million from Bpifrance, its long-time investor, Mirabuad Asset Management, and the Chalhoub Group
The global cosmetics giant is preparing to step into the virtual world. According to CoinDesk, L’Oréal has registered many of its trademarks in the NFT and metaverse categories.
