Pleasure leader Womanizer ushers in a shower head with a difference
Womanizer has teamed up with bathroom expert Hansgrohe to debut a shower head with a difference; Wave, as the new launch is known, is billed as the first combined shower head and water massage clitoral stimulator.
Procter & Gamble to withdraw ad after ASA rules ‘permanent hair removal’ claim is misleading
The UK’s Advertising Standards Authority has ruled that an ad aired by Procter & Gamble for its Braun Silk-expert IPL device misled consumers by claiming that it would provide ‘permanent visible hair removal’.
Revolution Beauty launches Fortnite Collection
Revolution Beauty has teamed up with Epic Games to launch a collab collection. Revolution Beauty x Fortnite is billed as the gaming phenomenon’s first foray into beauty and the limited edition range will be available exclusively at Walmart and on the cosmetics brand’s website.
THG faces shareholder revolt over executive pay
THG shareholders are up in arms over a suggested 11 percent rise in the Chief Financial Officer’s salary, according to a report published by the Retail Gazette. Advisory firm Glass Lewis has recommended that shareholders reject the pay report at the owner of Lookfantastic’s annual general meeting later this month.
Beiersdorf unveils latest Climate Care launches
Beiersdorf is marking World Environment Day with sustainability innovations in the Nivea Sun and Nivea Lip Care categories with reduced CO2 footprints and a refillable packaging solution for its Eucerin brand.
Boots employees affected by Zellis data leak
Boots is among the British firms affected by a data breach at payroll provider Zellis, exposing personal data of employees, according to a report published by Reuters.
Unilever on the hunt for new CFO as Pitkethly to retire
Unilever’s Chief Financial Officer, Graeme Pitkethly has announced his intention to retire from the UK-based FMCG manufacturer by the end of May, 2024. Consequently, the Board will initiative a formal internal and external hunt for his successor.
Health care essentials should be affordable: Superdrug slashes sun care prices by 20 percent
Superdrug has announced that it has reduced the price of its private label sun care range, Solait, by 20 percent and freezing prices until the end of the year.
L’Oréal’s BOLD announces minority investment in biotech firm Debut
L’Oréal’s corporate venture capital fund, BOLD has announced a minority investment in Debut. The French beauty giant is the exclusive beauty investor in the US biotech firm.
Dufry debuts Haute Parfumerie store concept
Dufry has cut the ribbon on a new Haute Parfumerie store concept. The first store was opened at Zurich Airport at the end of May and showcases sought-after premium fragrances.
Caudalie Cofounders take minority stake in Talm
Caudalie Co-founders, Mathilde and Bertrand Thomas have been named as lead participants in a funding round by pregnancy-focused beauty brand, Talm, according to a report published by WWD. Terms of deal were not disclosed.
Facetheory creates new CMO role for former Elemis exec
Facetheory has appointed Marc Gallagher as its first Chief Marketing Officer. Gallagher’s Linked in account lists previous roles as Chief Brand & Digital Officer at Elemis, as well as senior roles at John Varvatos and LVMH-owned fresh.
Chanel launches nail art collection
Chanel has launched a nail set that includes some much-anticipated nail stickers featuring house symbols such as the iconic double-C logo, camellias and stars.
Chanel to double London office space
Having moved its headquarters from New York to London, Chanel is expanding its presence in the UK capital, according to a report published by Bloomberg. The French luxury fashion brand has signed a 20-year lease for a Mayfair building with an option to extend.
LVMH names Chief Omnichannel and Data Officer
LVMH has announced the appointment of Gonzague de Pirey as Chief Omnichannel and Data Officer, effective June 1, according to a report published by WWD.
Kering cuts the ribbon on new Milan HQ
Kering has announced the opening of its new offices in Milan. The owner of Gucci is the sole occupant of the 9.500 square meter, six-storey Palazzo Pertusati.
3M in hot water with Dutch Government over river pollution
The Netherlands administration plans to hold chemicals manufacturer 3M to account for polluting the Western Scheldt river with PFAS, according to a report published by Reuters.
Valentino unveils latest face, Florence Pugh
Florence Pugh has been unveiled as the latest face of Valentino, according to a report published by Grazia. The actor made her debut as official DI_VA (DI.fferent VA.lues) for the Italian fashion label in its 2023 Garavani Rockstud campaign.
DSM-Firmenich names President of Perfumery & Beauty
Another day, another DSM-Firmenich appointment, this time the merged cosmetics ingredients firm has named Emmanuel Bustraen as President of Perfumery & Beauty, effective July 1, 2023.
HexisLab to scale up green ingredients production after funding boost
HexisLab has secured a £490,000 funding grant from Innovate UK enabling it to develop a scale-up manufacturing process for its sustainable and green ingredients.
EU to redefine carbon neutral as part of anti-greenwashing rules
The European Parliament has voted in favor of a set of anti-greenwashing rules that, if they are passed into law, will see sustainability claims made by companies subject to greater scrutiny, according to a report published by Edie.
DSM-Firmenich names Chief Sustainability Officer
DSM-Firmenich has announced the appointment of Katharina Stenholm as Chief Sustainability Officer, effective July 1, 2023.
Beauty Pie names CEO
Could Beauty Pie be poised for further international growth and an IPO? Certainly, its appointment of Kevin Cornils as CEO says bigger things are on the horizon.
Shein cuts ribbon on EMEA headquarters
Shein has announced the official opening of its Europe, Middle East and Africa (EMEA) headquarters in Dublin, Ireland.
Retention Brands snaps up Birchbox assets
FemTec Health has announced the sale of its Birchbox assets to Retention Brands. The sale took the form of an open bid process and the Birchbox assets were purchased by Retention Brands through an assignment for the benefit of creditors.
ASA raps Wild’s knuckles over ‘misleading’ deodorant ad
The UK’s Advertising Standards Authority has ordered natural deodorant brand Wild to pull an ad that claimed that competing deodorants or antiperspirants caused skin irritation, worsened body odor and were harmful to health.
Will the European Union backpaddle on environmental regulations?
French President Emmanuel Macron has questioned the need for further environmental regulation from the European Union, according to a report published by the Wall Street Journal.
British Beauty Council names Co-Chairs for its Sustainable Beauty Coalition
The British Beauty Council has named Mark Smith, Director General of NATRUE, as Co-Chair of its Sustainable Beauty Council (SBC). Smith will share the role with Jo Chidley, Co-Founder of Beauty Kitchen and Oriele Frank, Co-Founder and Chief Product & Sustainability Officer of Elemis.
Brazil’s antitrust authority greenlights L’Oréal’s Aesop deal
Brazil’s competition watchdog has given L’Oréal the go-ahead to proceed with its acquisition of Aesop, according to a report published by Reuters.
Conde Nast appoints Chief Financial Officer
Conde Nast has announced the appointment of Nick Hotchkin as CFO, effective immediately. Hotchkin takes over from Jackie Marks, who left the publishing company in March.
Fable Investments ups stake in Perfumer H
Natura &Co may have agreed to sell its thriving fragrance brand, Aesop but it’s not closing the door on the category entirely; Fable Investments, the company’s venture capital fund, has upped its stake in Perfumer H, according to a report published by WWD. Financial terms of the deal were not disclosed.
Unilever said to have increased ad spend in Russia
Unilever is said to have doubled its profits and increased its ad spend in Russia despite public declarations of support for Ukraine’s plight, according to a report published by the Moscow Times.
Chanel names Timothee Chalamet new face of Bleu fragrance
Chanel has announced Timothee Chalamet as the face of its Bleu fragrance. The French fashion house posted the news on its Instagram account.
Inter Parfums Q1 2023: record results as sales soar 24 percent
Inter Parfums has reported its results for the first quarter of the current financial year. The producer of Montblanc and Jimmy Choo scents recorded net sales of US$311.7 million, up 24 percent on the prior-year quarter.
Depp-Dior deal unveiled as most lucrative men’s fragrance contract ever
Johnny Depp signed on for a further term as the face of Dior’s Sauvage last August, which has now been revealed as the most lucrative men’s fragrance deal of all time, according to a report published by TMZ.
L’Oréal prices €2 billion dual tranche bond
L’Oréal has announced that it has successfully priced a public bond offering for an aggregate nominal amount of €2 billion. The new issuance has benefitted from an exceptional market reception with total demand more than 2.2 times the combined volume of the offering.
L’Oréal Paris announces League of Experts
L’Oréal Paris has announced the creation of a League of Experts. A new artistry-focused collective comprised of top industry talent who will contribute to the brand’s artistic vision through their various areas of beauty expertise.
Cellular Goods takes CBG mainstream with Sephora deal
Cellular Goods has announced that its cannabigerol-based skin care line, Look Better, will be featured on Sephora’s UK e-commerce platform from mid-May.
Lush £2.3 million recycling center now running at capacity
Lush has revealed that it is now processing more than 80 percent of its manufacturing waste via a new £2.3 million recycling plant, according to a report published by the BBC.
Coty mulls dual listing on Paris Stock Exchange
Coty has announced that its Board of Directors has given the green light to the company’s management to explore a listing on the Paris Stock Exchange. If the plan goes ahead, the US beauty behemoth would become a dual-listed company on the New York Stock Exchange and Paris Stock Exchange.
DSM-Firmenich announces move to sole CEO
DSM-Firnmenich has announced that its existing co-CEO structure will be changed effective September 1, 2023 as the company completes its merger of equals. Dimitri de Vreeze will take on the role of sole CEO while Ralf Schmeitz has been named CFO.
Unilever shareholders reject executive pay plan
Shareholders of UK-based FMCG manufacturer, Unilever have voted against a remuneration report, according to a report published by the Financial Times, a move that may concern the next CEO, Hein Schumacher who is due to join the company in July.
CTPA: UK has not and will not scrap animal testing ban
Following a UK High Court ruling on a judicial review of the Home Office’s policy on animal testing in the UK, the CTPA has issued a statement contradicting media reports that suggest that animal testing could be reintroduced.
Henkel hails ‘very strong’ sales growth, up 6.6 percent for Q1 2023
Henkel has reported its results for the first quarter of fiscal 2023. The German manufacturer of Schwarzkopf reported sales of €5.6 billion, up 6.6 percent in organic terms.
Less for more? Unilever and P&G reduce product size as inflation bites
Unilever and P&G-owned brands are scaling down their product sizes in order to avoid ramping up their prices still more, according to a report published by The Grocer.
L’Occitane Q4 2023: sales soar 20.6 percent as APAC returns to growth
L’Occitane has announced its unaudited results for the quarter ended March 31, 2023 (Q4 2023). In the 12 months ended March 31, 2023, the group’s net sales passed the €2 billion mark for the first time, hitting €2.135 billion, up 13.4 percent yoy at constant rates (+17.9 percent reported).
L’Oréal named world’s most valuable cosmetics brand
L’Oréal has been named as the world’s most valuable cosmetics brand in the Brand Finance Cosmetics 50 2023 ranking. The French beauty giant’s brand value rose 7 percent last year to hit US$12 million. Placed second was Estee Lauder ahead of Nivea, Gillette and Dove.
Apollo taps Camillo Pane to help formulate offer for THG
Apollo Global Management is said to be putting together an offer for UK-based THG, according to a report published by Sky News, and has bought the former CEO of Coty, Camillo Pane, on board to help draw it up.
The Inkey List announces new CEO
The Inkey List has named Stephanie Davis Michelman as CEO, according to a report published by WWD. Michelman joins from LVMH where she held the role of Global Chief Marketing Officer, Benefit Cosmetics.
Finnish start-up debuts zero waste, closed-loop beauty ingredients derived from sawdust
Finnish start-up, Montinutra has announced a partnership with personal care manufacturer Ole Hyva to bring its highly sustainable, zero-waste, closed-loop beauty ingredients to the consumer market, according to a report published by Tech EU.
LATEST NEWS
