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.
Debut and L’Oreal bolster sustainable beauty partnership
Debut and L’Oreal have signed an agreement to develop more than a dozen bio-identical ingredients to replace conventionally sourced ingredients used in the French beauty giant’s global beauty and personal care brands across skin, hair, color cosmetics and fragrances.
Oriflame named and shamed for allegedly continuing operations in Russia
Oriflame has been singled out by Kyiv’s School of Economics leave-russia.org portal for continuing to collect ‘significant profits’ from the Russian market, despite having issued a public statement about ceasing its activities in the country.
Thailand to close inbound duty free stores to encourage domestic spend
Thailand’s government has announced that it intends to shut down duty free stores in international arrivals zones in airports in a bid to encourage tourists to spend in local retail stores instead.
P&G Ukraine names General Manager
Procter & Gamble Ukraine has named Olga Kosinova as General Manager for its Ukraine division. Kosinova will have overall responsibility for the US FMCG manufacturer’s business and operations in the country.
TFWA World Conference announces Hillary Rodham Clinton as keynote speaker
TFWA has announced that former US Secretary of State, Hillary Clinton will take to the stage for a keynote conversation at its 2024 TFWA World Conference. She will explore the ever-evolving global political landscape and the trends impacting the geopolitical environment, and in turn, travel retail.
LATEST NEWS