Planity raises US$50 million in Series C round
Planity has raised US$50 million in a Series C funding round led by InfraVia Capital Partners. Existing investors, Credit Mutuel Innovation, Revaia and BPI France Digital Venture also participated in the round.
Hey big spender! Hainan sales break records over Lunar New Year
China’s Hainan province reported record sales over the Lunar New Year holiday with shoppers spending some CNY2.49 billion over the 8-day break, up 60 percent yoy. Average spend stood at CNY8,358.
Saie brings back Every Body campaign
Saie has announced the return of its Every Body campaign. The beauty-industry backed reproductive rights campaign brings together more than 60 brands across the beauty and wellness industries to raise awareness and funds for reproductive justice.
Arkhouse nominates nine independent candidates for election to Macy’s board
Arkhouse Management has announced the nomination of nine, independent candidates for election to Macy’s Board of Directors at the 2024 Annual Meeting of Shareholders. Arkhouse submitted an offer to acquire the department store owner in December last year for US$21 per share, which was roundly rejected.
Give Me Cosmetics targets £100 million turnover after acquisition
Give Me Cosmetics has announced an ambitious growth target following its acquisition by eComplete. One of the UK’s fastest-growing beauty brands on TikTok, the brand is hoping to grow its turnover to £100 million by 2028.
Schwarzkopf takes to the road with Colour Caravan
Schwarzkopf is touring India with its Colour Caravan in a bid to encourage trial of its color range. The on-ground activation will visit a series of cities across the country, starting with Delhi to promote its Colour Specialist and Simply Color brands.
Polish finance minister slashes VAT for beauty
Poland’s Ministry of Finance has announced a significant cut to the VAT charged on certain beauty services.
Wolf & Badger opens Soho flagship
Wolf & Badger has cut the ribbon on a flagship store in London’s Soho. The 1400 sq ft space is stocked with fashion, jewellery, accessories and homeware from more than 100 sustainable and independent brands.
Mane makes its bricks and mortar debut with Sephora partnership
Jen Atkin’s Mane has announced a partnership with Sephora. The brand will hit shelves in 670 stores across Canada and the US – its first entry into bricks and mortar stores.
King Felipe VI and Queen Letizia Inaugurate Puig’s New Barcelona Tower
Puig has expanded its Barcelona headquarters with the inauguration of Puig Tower-T2, attended by King Felipe VI and Queen Letizia of Spain.
Chanel Pop-Up Hits Edinburgh
Chanel is launching a beauty pop-up in Edinburgh, Scotland, from March 9 to 30 at No. 8 Charlotte Square to showcase its new Rouge Allure Velvet Nuit Blanche lipstick, fronted by Margot Robbie.
Dove Launches #DoveDeluxeBar
Dove has launched Dove Plant Milk Cleansing Bars, a new premium line infused with plant-based milks for 24-hour skin nourishment.
Rexona Clinical Taps Aussie Legend Sophie Monk
Unilever’s Rexona antiperspirant launched a campaign for its Clinical range featuring Aussie legend Sophie Monk.
Naomi Campbell’s Antibacterial Fashion Line
Naomi Campbell has launched a new fashion line with Hugo Boss, featuring clothing with an antibacterial finish.
Fair Trade Suppliers Face Uncertainty as The Body Shop Enters Administration
The Body Shop’s fairtrade suppliers, working with communities from the Amazon to Africa, are left with over US$1 million in potentially unpaid and unordered beauty ingredients due to the company’s UK arm entering administration.
Avon Launches Franchise Stores in Romania
Avon International is set to open its first franchise stores in Romania, marking a significant shift from its traditional direct sales model to include physical retail and enhanced online presence.
Amway India Welcomes New Chief
Rajneesh Chopra has been appointed as the new chief of Amway India, succeeding Anshu Budhraja.
Redecor collaborates with Revlon
Redecor and Revlon have partnered to integrate Revlon’s Super Lustrous™ lipstick shades into Redecor’s home design game challenges,
Charlotte Tilbury partners with F1 Academy
Charlotte Tilbury has announced its first global sports sponsorship by partnering with F1 Academy for the 2024 season, marking the brand as the first beauty and female-founded sponsor for the initiative.
Target launches new budget brand, dealworthy
Target has unveiled its latest owned brand, dealworthy. The budget range features some 400 everyday basics priced competitively.
Drybar expands international presence; 26 stores to open across Qatar, Kuwait and UAE
Drybar is gearing up to open some 26 stores across Qatar, Kuwait and the UAE thanks to a newly signed master franchise deal with Lekhraib Rose.
Yoshitsu outlines vision for 2024 growth
Yoshitsu’s Principal Executive Officer, Mei Kanayama has issued a letter to shareholders highlighting the company’s recent accomplishments and plans for 2024. The company is predicting a revival of consumer demand, especially in the health, beauty and luxury sectors.
Schwarzkopf picks up USA Product of the Year gong for Keratin Blonde
Schwarzkopf Keratin Blonde has scooped the Most Innovative Product in the Hair Treatment category of the 2024 Product of the Year USA Awards.
LeBron James launches grooming line The Shop
NBA All-star, LeBron James has teamed up with business partner Maverick Carter and beauty manufacturer and distributor, Parlux to launch a men’s grooming line. The Shop, as the new range has been named, is due to hit shelves at Walmart in April.
Donna Karen unveils first fragrance collection; first launch since Interparfums took on licence
Donna Karen New York has unveiled its first collection of scents. The Cashmere Collection, which comprises four complementary Eau de Parfums, is said to reflect the multifaceted nature of a woman.
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