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Cosmetics

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Farfetch buys Violet Grey ahead of deep dive into beauty later this year

Farfetch buys Violet Grey ahead of deep dive into beauty later this year

Luxe fashion e-tailer Farfetch has big beauty ambitions and is to launch the category on its marketplace this year. Ahead of that, it's buying Violet Grey, with the founder to play a key role in its wider beauty plans.
Luxury
Glossier lays off 80 employees

Glossier lays off 80 employees

Digital-first beauty brand Glossier laid off a third of its workforce on Wednesday. More than 80 employees were effected by the reorganization. 
Beauty
Givaudan acquires minority stake in Nanovetores Group

Givaudan acquires minority stake in Nanovetores Group

Givaudan announced on Wednesday that it has acquired a 48 percent stake in Nanovetores Group from The Criatec Fund, a Brazilian investment fund focused on innovative, early stage companies. 
Beauty
L’Occitane’s sales up by 9.5% in Q3

L’Occitane’s sales up by 9.5% in Q3

Cosmetics group L’Occitane, whose brand portfolio includes among others L’Occitane en Provence, Elemis and Melvita, recorded Q3 sales worth €650 million, equivalent to a 9.5% increase year-on-year.
Beauty
UK prestige beauty prices rose in last quarter of 2021 - report

UK prestige beauty prices rose in last quarter of 2021 - report

​The average sales prices of prestige skincare in the UK rose 7% in in the last three months of 2021 compared to the same period in 2020, The NPD Group said on Thursday. 
Luxury
Next creates 'department store' as it merges and expands Watford presence

Next creates 'department store' as it merges and expands Watford presence

​Next is to open a department store in all but name as it transforms its existing sites in the Atria centre in Watford and also adds a Victoria’s Secret, the lingerie brand for which it holds the UK licence.
Fashion
Hermès appoints Gregoris Pyrpylis as creative director of beauty products

Hermès appoints Gregoris Pyrpylis as creative director of beauty products

The luxury label has recently named Greek make-up artist Gregoris Pyrpylis as creative director of Hermès Beauty, the make-up line launched by Hermès in March 2020.
Beauty
Revolution Beauty looking good on the growth front

Revolution Beauty looking good on the growth front

​With major expansion in the UK and US ahead and an impressive performance across November and December behind it, Wednesday’s trading update for Revolution Beauty Group was a “pleasing" one to deliver.
Beauty
U.S. prestige beauty sales surge 30% on fragrance, hair products in 2021: NPD

U.S. prestige beauty sales surge 30% on fragrance, hair products in 2021: NPD

U.S prestige beauty industry revenues surged 30% in 2021, driven by strong sales gains across fragrance and hair product categories, according to a new report from NPD Group. 
Beauty
Under-pressure Unilever makes big changes to beauty management structure

Under-pressure Unilever makes big changes to beauty management structure

Unilever is cutting 1,500 jobs and reorganising its structure as it comes under pressure from investors over its sluggish performance. Beauty & Personal Care chief Sunny Jain is also leaving the firm.
Beauty
Harrods confirms that Bristol's H Beauty will open this spring

Harrods confirms that Bristol's H Beauty will open this spring

​Harrods has confirmed that the Bristol branch of its H Beauty chain will open in the spring. The move follows its debut in Edinburgh last year, at which time it said Bristol would open within the next 12 months.
Fashion
Sustainability, tech, flexibility are key factors when buying luxury - report

Sustainability, tech, flexibility are key factors when buying luxury - report

​Sustainability is not just a consideration but “a major factor when making a luxurious purchase with 51% seeing it as a sustainable and environmentally-friendly choice”, a Klarna study claims.
Luxury
Armani Beauty names Tess Thompson as newest ambassador

Armani Beauty names Tess Thompson as newest ambassador

Armani Beauty announced on Friday the appointment of American actress Tessa Thompson as its newest brand face. 
Beauty
Betterware to acquire Jafra in Mexico, U.S.

Betterware to acquire Jafra in Mexico, U.S.

Mexican household products business Betterware has announced the acquisition of Jafra Cosmetics’ U.S, and Mexican operations from parent company, the Vorwerk Group. 
Beauty
L'Oréal teams up with Alphabet-owned Verily to develop research programmes on “skin health”

L'Oréal teams up with Alphabet-owned Verily to develop research programmes on “skin health”

On Thursday, the global cosmetics giant announced a partnership with Verily, the health division of Alphabet, parent company of Google, to develop research programmes on “skin health.”
Beauty
Clean beauty brand Beautycounter names new CEO

Clean beauty brand Beautycounter names new CEO

Clean beauty brand Beautycounter announced on Wednesday the appointment of industry leader Marc Rey as chief executive officer.
Beauty