Cosmetics
The latest news
India's Reliance to acquire dozens of brands in $6.5 billion consumer goods play - sources
India's biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own $6.5 billion consumer goods business to challenge foreign giants like Unilever.
Beauty
Fenty Beauty, Skin to make Africa debut
Fenty Beauty and Fenty Skin will launch across eight different markets in Africa, as the company's founder, Rihanna, looks to expand her skincare and beauty brand across the globe.
Beauty
L'Oréal names Emmanuel Goulin president and CEO of Italian subsidiary
French cosmetics group L'Oréal, owner of brands such as Yves Saint Laurent and Lancôme, has appointed Emmanuel Goulin as president and CEO of L'Oréal Italy. Goulin will succeed François-Xavier Fenart.
Beauty
Shiseido cautious about 2022 forecast
On Thursday, Japanese cosmetics group Shiseido confirmed its prudent forecast for the 2022 financial year, stating it is “hard to quantify precisely” the impact of the pandemic and of geopolitical tensions.
Beauty
Revolution Beauty names Lake new CFO
UK-based multi-brand beauty retailer Revolution Beauty Group has a new finance chief. Elizabeth Lake, former finance director at Hugo Boss UK, is set to replace Andrew Clark, who has announced his intention to leave.
Beauty
Moda Operandi expands into beauty, appoints beauty chief
Moda Operandi confirmed on Wednesday reports it has officially expanded into beauty, a move that has prompted the fashion platform to appoint its first-ever beauty chief.
Beauty
Superdrug boosts speedy delivery options in Scotland
UK health & beauty retailer Superdrug has expanded its same-day courier service, ‘Store to Door’, in Scotland. The service is available within a five-mile radius of nine stores within the Glasgow and Edinburgh regions.
Beauty
Beauty Bay abandons IPO plans, could now opt for sale - report
Manchester-based beauty platform Beauty Bay has appointed bankers from Threadstone Capital to look at its options and could choose to put itself up for sale, a report said on Tuesday.
Beauty
Tough April for UK e-tail points to 'end of digital boom' - report
Good news for UK online fashion sales. Not so good news for digital beauty sales. Even worse for the e-tail industry as a whole. And after weak April numbers, it suggests the digital boom could well be over.
Fashion
Harrods launches Beauty Adventure with key category events this month
Not content with launching another branch of H Beauty a few weeks ago, Harrods is putting big support behind beauty in May as it invites consumers to enjoy ‘The Harrods Beauty Adventure’ at its Knightsbridge flagship.
Luxury
Squeezed Britons tighten belts, but fashion and beauty still on shopping list
There was good news and bad on UK spending on Tuesday as reports showed consumers are being impacted by higher prices, but are still spending on fashion and on activities that require new clothes and beauty products.
Fashion
Dior Beauty launches industry-first WhatsApp campaign with Jisoo
Luxury brand Dior Beauty announced on Monday the launch of an industry-first campaign on WhatsApp with brand ambassador Jisoo.
Beauty
THG to undertake "detailed scrutiny" of board in months ahead
THG could see major board-level changes as the online beauty and technology group continues to see its performance struggle. The structure of board will be a “prime focus” of “detailed scrutiny”, its new chair has said.
Beauty
Coty lifts annual profit forecast on resilient demand for luxury cosmetics
Cosmetics maker Coty Inc raised its full-year profit outlook on resilient demand for its high-end fragrances and skincare products even at a time inflation in most countries has soared to multi-year highs.
Beauty
Estée Lauder names Tara Simon president of Too Faced
The Estée Lauder Companies announced on Friday the appointment of Tara Simon to the role of global brand president of Too Faced, effective July 1, 2022.
Beauty
Estée Lauder launches fund to help women develop leadership skills
Estée Lauder is launching Estée Lauder Emerging Leaders (ELEL), a charitable fund that aims to help women develop and strengthen their leadership skills in the corporate world.
Beauty