Rabanne names Troye Sivan as Global Makeup Brand Ambassador
Rabanne has announced Troye Sivan as Global Makeup Brand Ambassador for its recently launched Beauty collection. The singer will front a new campaign for NUDES, a next-generation beauty collection inspired by the Maison’s fashion fabrics.
Puig to join Spain’s IBEX 35
Just two months after its IPO, Puig is set to join Spain’s IBEX 35 index. The fragrance firm will replace Melia Hotels on the blue-chip equities index; shares in the manufacturer of Carolina Herrera and Rabanne perfumes have risen 3 percent since its debut.
Keerthana Ramakrishnan announces departure from 82˚E
Keerthana Ramakrishnan has announced that she is moving on from her role as Chief Marketing Officer at 82˚E. The former Nike executive announced her departure from Deepika Padukone’s self care brand on her Instagram account.
True Beauty Ventures invests in The Maker
True Beauty Ventures has invested in The Maker fragrance line. Financial terms of the deal were not disclosed.
One/Size and IGK Hair on the hunt for buyers
Luxury Brand Partners is said to be mulling the sale of its One/Size and IGK Hair brands. The brand incubator is said to have hired The Sage Group to evaluate the various options for its star beauty lines.
Goop to open sixth bricks and mortar location
Goop has announced its sixth physical store, this time at Marun Country Mart in California’s Bay Area. The new store builds on the brand’s bricks and mortar model with the addition of a treatment room for the first time.
Baum to exit China
Shiseido-owned Baum is pulling out of the Chinese market. The J-beauty skin care brand will not accept further orders via its Tmall flagship store, effective immediately; physical locations are said to have shut up shop last month.
L’Occitane debuts at Guyana’s Glamour Beauty
Glamour Beauty has announced the launch of L’Occitane in its stores. The French natural brand will join the likes of Dior, Bath and Body Works and Paco Rabanne at the Guyanese retailer.
Eurofins snaps up Labormar
The Eurofins network of companies has announced the acquisition of Labormar for an undisclosed sum. The Colombian-based testing firm will be known as Eurofins Labormar going forward and is Eurofins’ second laboratory in Colombia.
Seaweed Bath Co acquires Andalou Naturals and Mineral Fusion
Seaweed Bath Co has announced the acquisition of Andalou Naturals and Mineral Fusion from BWX. Financial terms of the deal were not disclosed; Natureza Growth Partners led financing for the acquisition and Managing Partner Collin Eckles will join Seaweed Bath Co’s board.
Superdrug Reports Robust Financial Performance for 2023
Superdrug, the leading high street pharmacy chain, has reported strong financial results for 2023.
Nykaa Expands into the Middle East with New Subsidiary in Qatar
As part of its strategic Middle East expansion, beauty ecommerce giant Nykaa’s step-down subsidiary, Nessa International Holdings, has established a wholly-owned subsidiary in Qatar named Nysaa Cosmetics Trading.
Sara Davies Appointed as Avon UK’s Chief Inspiration Officer
Entrepreneur and Dragons’ Den star Sara Davies MBE has been appointed as Avon UK’s Chief Inspiration Officer.
Huddled Acquires Surplus Beauty Seller Boop Beauty
ircular economy specialist Huddled has acquired Boop Beauty, a surplus beauty and cosmetics seller founded by former L’Oreal lawyer Yasmine Amr.
BoldHue Secures US$3.4 Million in Seed Funding for Personalized Foundation Device
Boise, Idaho-based beauty-tech company BoldHue, founded by two women, has secured US$3.4 million in seed funding to advance and launch its personalized foundation device.
Arkhouse and Brigade Capital Raise Macy’s Buyout Offer to US$6.9 Billion
Arkhouse Management and Brigade Capital have raised their buyout offer for Macy’s to US$6.9 billion.
EU Targets China’s Temu and Shein with Proposed Import Duty Reform
The European Union is drafting plans to impose customs duties on inexpensive goods bought from Chinese online retailers, including Temu, Shein, and AliExpress.
Dove CMO and ‘Real Beauty’ Visionary Alessandro Manfredi Departs Unilever
Alessandro Manfredi, Dove’s global chief marketing officer (CMO), is leaving Unilever after a notable 28-year tenure.
Luna Daily Secures Investment from Unilever Ventures to Expand Body Care Range
una Daily, the microbiome-balancing body care brand, has announced a new investment from Unilever Ventures to support its product range expansion.
Bacterial Contamination Found in Commercial Tattoo Inks: New Study Reveals Infection Risks
Researchers from the Division of Microbiology, National Center for Toxicological Research, part of the U.S. Food and Drug Administration in Jefferson, Ark., have detected anaerobic and aerobic bacteria in commercial tattoo and permanent makeup inks.
Saks set to acquire Neiman Marcus?
Saks-owner HBC is said to be poised to purchase rival department store chain, Neiman Marcus. The two companies will join forces to become Saks Global, with Amazon and Salesforce named as minority shareholders.
Manzanita Capital announces C-suite reshuffle; new Diptyque CEO and Deputy named
Manzanita Capital has named Laurence Semichon as CEO of Diptyque. Semichon succeeds Fabienne Mauny, who has been appointed Operating Partner and Brand President at Manzanita.
Shiseido scoops Max Mara fragrance license
Shiseido and MaxMara have announced a long-term fragrance partnership whereby the J-beauty giant will have the exclusive worldwide license to develop, produce, market and distribute fragrances under the MaxMara brand.
Jo Malone unveils Paddington collab
Jo Malone London has announced a collaboration with Paddington. The Estee Lauder Companies-owned brand has unveiled a series of limited-edition scented gifts inspired by the beloved bear.
Celine to grow cosmetics offer with further bath and body care launches
Celine is set to expand its beauty offer with the addition of a liquid soap, hand cream, body milk and hair mist in the fall. The designer label debuted its first bath and body care products last year with the launch of solid soaps, perfumed body oil and bath milk.
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