L’Oreal Paris debuts hair color device
L’Oreal Paris is set to revolutionize the at-home hair color category with the launch if Colorsonic, a first-of-its-kind hair color device. The French beauty giant’s latest innovation was 10 years in the making and boasts more than 29 patents.
L’Occitane and Carbios unveil a PET bottle made from enzymatic recycling in Europe
L’Occitane-en-Provence and Carbios have unveiled a next-generation development in the brand’s mission to eliminate virgin plastic from its retail offer. The duo presented a bottle in transparent PET made entirely from enzymatic recycling for the French natural cosmetics brand’s Amande shower oil at LuxePack.
Andrew Fitzsimons acquires his hair care brand from Maesa
Celebrity hairstylist Andrew Fitzsimons has announced that he has purchased his eponymous hair care brand from incubator, Maesa. Financial terms of the deal were not disclosed.
Boots and No7 partner with Manufacture 2030 for supply chain decarbonization
Boots and No7 Beauty have partnered with Manufacture 2030 in order to accelerate their ongoing efforts to reduce emissions and drive industry-wide climate action. The UK-based drugstore chain is the first health and beauty retailer to join the platform.
Douglas Reports Q2 Net Loss Amid IPO Costs, Confirms Positive Operating Profit
German perfume and cosmetics retailer Douglas reported a net loss of €41.3 million ($44.84 million) for the second quarter, primarily due to expenses related to its recent IPO on the Frankfurt Stock Exchange.
LVMH appoints yet another L’Oreal veteran to key leadership role
LVMH has announced that Megan Grant will take on the role of President and CEO, Americas for its Louis Vuitton brand. Grant joins the luxury conglomerate from L’Oreal USA where she headed up the Luxe division.
CBA welcomes consultation round for UK REACH
The Chemical Business Association (CBA) welcomes the launch of a public consultation by the Department for Environment, Food and Rural Affairs on UK REACH and the alternative transitional registration model.
L’Oreal took ‘immediate action’ after children discovered working in flower fields
L’Oreal has published a statement in response to BBC documentary, Perfume’s Dark Secret, which showed footage of children working in Egyptian flower fields; the jasmine picked was traced up the supply chain to two luxury perfume houses, one of which was Lancome.
L’Oreal Paris named first European sponsor of Disney+ series, The Kardashians
L’Oreal Paris has been named as the first sponsor for Disney+’s popular reality series in the EMEA region, The Kardashians. The French beauty brand will sponsor the fifth season of the show in the UK, France, Italy, Germany and Spain.
We need to talk about Shein. British lawmakers call for greater scrutiny of Chinese fast fashion firm
The chairs of three UK parliamentary committees have raised concerns over Shien’s planned London listing and are calling for greater scrutiny of the Chinese fast fashion firm ahead of any IPO.
Selfridges cuts ribbon on renovated beauty hall
Selfridges has lifted the curtain on a revamped beauty hall for its London flagship after considerable investment in a year-long renovation designed to optimize and refresh the space.
LVMH names CEO of Fendi
LVMH has announced that the Managing Director of its Fashion Group, Pierre Emmanuel Angeloglou, will take on additional responsibilities as CEO of Fendi. Incumbent Serge Brunschwig is set to take on a new role, which will be announced in due course.
Marks & Spencer and Next Express Interest in The Body Shop as Auction Launches Amid Restructuring
U.K. heavyweight retailers Marks & Spencer and Next have made early expressions of interest in vegan beauty chain The Body Shop for a potential rescue bid as administrators prepare to launch an auction.
L’Occitane Group Appoints Evelyne LY-Wainer as Managing Director of Global Travel Retail
The L’Occitane Group has appointed Evelyne LY-Wainer as the new Managing Director of Global Travel Retail, effective immediately.
Schwarzkopf Names Dove Cameron as New Brand Ambassador
Schwarzkopf is expanding its “What Story Will You Tell?” campaign by introducing Dove Cameron as the new brand ambassador.
EU Bans Cosmetic Silicones D4, D5, and D6 in All Products
The Official Journal of the European Union has published a ban on the use of cosmetic silicones D4, D5, and D6 in all wash-off and leave-on products
Cellugy Secures €4.9M Seed Funding to Scale EcoFLEXY Production
Cellugy, a Danish biotechnology startup, has successfully raised €4.9 million in seed funding to expand the production of EcoFLEXY, its innovative cellulose-based product designed to replace fossil-based materials.
Chanel: 2024 will be a challenge for luxury
Chanel has revealed that sales and profits both delivered growth in the double digits for FY2023, with sales up 16 percent yoy to US$19.7 billion and operating profit rising 11 percent to US$6.4 billion. However, the French luxury brand warned that demand for luxury is on the wane.
Kering Chairman’s fortune dips as Gucci’s woes continue
Billionaires are being hit by the cost of living crisis too, so says The Times newspaper’s annual Rich List, which reveals that several fashion and retail heavyweights saw their fortune shrink over the past year.
Kate Moss to launch make-up line?
Kate Moss is set to make her debut in the make-up category. The British supermodel launched her wellness brand, Cosmoss in 2022 and is now said to be poised to launch a separate colour cosmetics brand.
Fendi launches fine fragrance collection
Fendi has unveiled a fine fragrance collection comprising seven scents that retraces the story of the eponymous family behind the Italian designer label. The collection is the first that the LVMH-owned brand will sell in its own stores.
DSM-Firmenich opens new Mind Nose Matter exhibition
DSM-Firmenich has cut the ribbon on a new showcase of its fragrance innovations, research and perfumers. The theme for this year’s Mind Nose Matter exhibition is ‘momentum’ and explores olfactory friction, among other trends.
Jo Malone names Tom Hardy ambassador for Cypress & Grapevine Cologne Intense
Jo Malone has announced British actor and producer, Tom Hardy as ambassador for its Cypress & Grapevine Cologne Intense scent. Hardy stars in the campaign film for the fragrance, which was written by his father and directed by James Friend.
Dior Expands Partnership with Charlize Theron to High Jewelry and Skincare Ambassador
Dior and Charlize Theron are taking their partnership to a new level. After two decades as the face of Dior’s bestselling women’s fragrance, J’adore, Theron is now also the ambassador for Dior’s high jewelry and skincare lines.
Boots Online Doctor Introduces 24-Hour Skin Condition Diagnosis and New Treatment Services
Boots Online Doctor has unveiled a new Skin Condition Diagnosis service, providing patients with a clinical assessment of common skin concerns within 24 hours.
Superdrug Celebrates 60th Anniversary with Major Expansion Plans
Leading health and beauty retailer Superdrug has announced plans to open 25 new stores in 2024, marking its 60th year on the British high street.
Dermalogica names new GM for UK and Ireland
Dermalogica has named Cirsten Hannken as General Manager for the UK and Ireland. She succeeds Mark Hermann who has stood at the helm for the past five years and will leave the company this month.
Dove enters the natural deodorant category with VitaminCare+
As natural, clean and sustainable products take the deodorant market by storm, it’s no wonder Dove has unveiled a deodorant line it has branded ‘disruptive’ to tap into growing demand for aluminium-free, premium products.
Procter & Gamble announces marketing plans for Paris 2024
Procter & Gamble has announced its plans to prominently feature its top brands during the Olympic and Paralympic Games Paris 2024. As a Worldwide Olympic and Paralympic Partner, the US FMCG giant will employ an array of Olympic-inspired brand marketing, in-store campaigns, brand-sponsored athlete partnerships and provide complimentary products and services in the Athletes’ Village.
Is WBA preparing to put Boots up for sale once again?
Walgreens Boots Alliance is said to be testing the waters in advance of a potential sale of its UK-based pharmacy chain, Boots. The drugstore giant first explored a sale of the retailer in 2022 but abandoned the idea after failing to attract sufficiently high enough bids.
The Fragrance Shop Celebrates Exceptional Growth and Innovative Milestones
The Fragrance Shop (TFS), the UK’s leading fragrance retailer, has capped a record-breaking year with the launch of its flagship store on Oxford Street, the introduction of the UK’s first AI scent creation machine, “Every Human”.
Diptyque Unveils New Flagship Boutique and Concept, Maisons Diptyque, in London
Luxury fragrance and lifestyle brand Diptyque has launched its newest flagship boutique, Maisons Diptyque, at 107 New Bond Street in London.
Sodalis Group Acquires Majority Stake in Artdeco Cosmetics Group
Sodalis Group, a prominent Italian company in the Health & Beauty sector, has signed a pivotal agreement to acquire a majority stake in Artdeco Cosmetics Group, a leading German cosmetics firm known for its affordable luxury brands.
Marks & Spencer Launches Percy Pig x Dr. PawPaw Tinted Lip Oil Collaboration
Marks & Spencer, the renowned British retailer, has expanded the appeal of its beloved brand mascot, Percy Pig, beyond the candy aisle with an exciting new venture into beauty.
Superdrug Names Princess Andre as New Ambassador for Studio London Cosmetics
Superdrug has unveiled Princess Andre as the new face of its popular and affordable own-brand cosmetics line, Studio London.
Mary Kay expands Scandinavian presence with Denmark debut
Mary Kay has announced that its products will be sold in Denmark. With this launch, Mary Kay products are now available in all the Scandinavian and Nordic markets in partnership with Lesley Cosmetics, the direct sales brand’s authorized distributor in Scandinavia.
Unilever apologises after ‘mistaken’ discharge into watercourse
Unilever has issued an apology after a foam discharge was mistakenly pumped into a brook near Liverpool. The incident has been reported to the Environmental Agency.
Greenpeace Disrupts Unilever AGM, Calls for Action on Plastic Pollution
Greenpeace UK has significantly escalated its campaign against Unilever, targeting the conglomerate’s plastic usage policies at its Annual General Meeting (AGM) held at the Hilton London Bankside.
Puig Unveils New Company Logo Symbolizing a Fusion of Heritage and Innovation
Puig, a venerable name in the beauty and fashion industry, has introduced a new company logo that honors its storied past while looking forward to a vibrant future.
Kate Moss Launches Cosmoss at London’s Liberty Beauty Hall
Supermodel and entrepreneur Kate Moss has officially launched her wellness brand, Cosmoss, at the renowned Beauty Hall of Liberty department store in London.
Augustinus Bader unveils Sofia Coppola Collab
Augustinus Bader has teamed up with Sofia Coppola to launch a line of tinted lip balms, the brand’s first foray into lip color. The Tinted Balm, as the range has been named, is available in three shades.
L Catterton acquires majority stake in Kiko Milano
L Catterton has announced that it has entered into a definitive agreement to acquire a majority stake in Kiko Milano from the Percassi Family for an undisclosed sum. The Italian founders will retain a significant stake in the make-up brand.
Galderma Reports Strong First-Quarter Growth, Shares Climb on Positive Outlook
Swiss skincare giant Galderma has announced a robust first-quarter net sales figure of US$1.071 billion, marking a 12.4% increase year-on-year.
European Parliament Moves to Ban Forced Labor Goods
In a significant legislative move, the European Parliament approved rules aimed at banning the sale, import, and export of goods within the EU that are made using forced labor.
L’Oréal Champions Age-Appropriate Skincare, Advocating Against Anti-Aging Products for Children
L’Oréal has reaffirmed its commitment to promoting only age-appropriate skincare products for children, emphasizing that the primary focus should be on basic hygiene, personal care, and specific skin conditions such as eczema and acne.
L’Occitane’s Billionaire Owner Reinold Geiger Eyes Taking Company Private in a Potential US$7 Billion Deal
Reinold Geiger, billionaire owner of L’Occitane International SA, is reportedly nearing a bid to privatize the skin-care giant in a deal that could value the company at approximately US$7 billion, including debt.
Unilever Reports Robust Q1 Growth for 2024, Announces Strategic Business Changes
Unilever has announced its financial outcomes for the first quarter of 2024, showcasing an underlying sales growth of 4.4%, with a notable 2.2% increase in volume.
PZ Cussons to Divest St Tropez Brand and Reevaluate African Operations Amid Financial Strain
PZ Cussons, the multinational company behind Imperial Leather, has announced strategic shifts including the sale of its St Tropez self-tanning brand and a thorough review of its operations in Africa, particularly in response to economic challenges in Nigeria.
Kering Q1 2024: Group revenue plummets 11 percent
Kering has reported its results for the first quarter of fiscal 2024. The luxury goods conglomerate saw group revenue dive 11 percent (as reported) year-on-year to €4,504 million.
Primark to roll out click and collect to all UK stores
Primark has announced that it will expand its Click + Collect service to all stores in Great Britain by the end of 2025 following a successful 18-month trial. The retailer will begin to roll out Click + Collect across all 184 stores in England, Scotland and Wales later this year.
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