Revlon Inc reported on Monday a net sales drop for the fourth quarter 2018, but narrowed profit losses, adding that it expects to disclose "material weakness" in its internal control over financial reporting for 2018.
The New York-based cosmetics giant announced on Monday that the special committee formed to evaluate the tender offer made by JAB Holding in February has recommended that the deal be allowed to proceed.
The extreme uncertainty surrounding Brexit and Britain’s future has prompted The Body Shop to relocate a part of its operations from Littlehampton to Frankfurt, Germany with the opening of a new distribution centre.
The Illinois-based cosmetics retailer beat out Wall Street estimates on Thursday to report net sales of $2.12 billion in the fourth quarter, with progress driven by impressive growth in the company’s digital channels.
The United States, which is the leading market for the LVMH-owned fragrance and cosmetic retailer, will welcome more Sephora stores in 2019, with 35 retail locations planned for this year.
The French fragrance production and distribution group recently appointed Natacha Cennac-Finateu (formerly at Jeanne Lanvin) as director of legal affairs.
South Korea's Lotte will close one of its department stores in China this month and ramp up efforts to exit the country entirely after it failed to recover from a boycott there.
As the battle over who controls Debenhams (its current board, its lenders or major shareholder Mike Ashley via Sports Direct) intensifies, Debenhams has issued a reply to Ashley’s latest offer.
The classic video game brand has announced a slew of fashion and beauty licenses to celebrate its 35th birthday, with collaborative collections set to launch in the US, Japan and China, as well as worldwide, in 2019.
With millennials leading growth in China’s booming beauty industry, a recent report highlights the steps taken by the classic American cosmetics company to appeal to the Middle Kingdom’s increasingly affluent youth.
The two beauty titans are giving the non-profit sexual health service a boost via their respective philanthropy programs, the Benefit ‘Bold Is Beautiful' project and the MAC ‘Viva Glam' line.
According to market intelligence agency Mintel, the Chinese baby health & beauty and skincare market is expected to post an average annual growth rate of 14.5% until 2023, despite a weakening birth rate.
Inditex continued to prosper in its latest year and the good performance is continuing in the current year, although its shares fell on Wednesday as investors clearly wanted more.
With the EU exit deal voted down by MPs, they must now vote on a no-deal Brexit or decide on alternatives, with business left in limbo and the luxury sector dreading the prospect of a multibillion pound loss of revenue.
The company has announced two deals to acquire a minority stake in Colombian beauty firm Loto del Sur and invest in India’s Kama Ayurveda, securing its market entry into India.
