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The latest news
Richemont Q3 sales rise 4%; Alaïa, Delvaux, Dunhill and Peter Millar are strong
Chloé, Alaïa and Dunhill owner Richemont has reported its results for Q3 — the all-important ‘Golden Quarter’ — with sales up by 4% on a reported basis to €5.593 billion, or 8% at constant exchange rates (CER).
Fashion
The Rocher Group appoints Emeline Ouart as director of communications and public affairs
The Rocher group, owner of Yves Rocher and Petit Bateau, has appointed Emeline Ouart, formerly of frozen food company Picard Surgelés, as director of communications and public affairs.
Fashion
Kérastase names Sydney Sweeney global brand ambassador
Luxury haircare brand Kérastase has named actress and producer Sydney Sweeney as a global brand ambassador.
Beauty
Warpaint London success story continues, upgrades profit forecast
Value-focused beauty specialist Warpaint London had a good 2023 and its unaudited figures for the year show sales and profits at the owner of the W7 and Technic brands beating its forecast.
Beauty
Puig acquires a majority stake in German skincare brand Dr. Barbara Sturm
The Spanish group has acquired the skincare, body, hair care, and supplements brand. The founder of the molecular cosmetics brand will retain a minority stake in the company.
Beauty
Body Shop CEO exits after sale completion - report
Ian Bickley, who’s been interim CEO of The Body Shop since last spring, has exited with immediate effect, a report said on Tuesday.
Beauty
Thai retailer says it’s received no communication about Selfridges investment
Central Retail Corp., one of Thailand’s biggest retailers, said that it has not received any communication about investing in the iconic Selfridges department store, which is majority owned by its parent company.
Fashion
Firelight Capital Partners acquires Fromm International
Firelight Capital Partners, an operationally-oriented private equity firm, announced on Thursday the acquisition of Fromm International, marking its first platform investment in beauty.
Beauty
UK's Boots shines as WBA reports mixed results
Walgreens Boots Alliance reported Q1 results Thursday and said adjusted EPS fell by 43.1% to $0.66, reflecting challenging retail market trends in the US and a higher tax rate. But Boots UK was its star performer.
Beauty
L:A Bruket appoints Jean-Christophe Jourde, formerly at Estée Lauder as CEO
Swedish beauty brand L:A Bruket, owned by Experienced Capital Partners, has appointed former Estée Lauder executive Jean-Christophe Jourde as its new CEO.
Beauty
Body Shop gets landmark Vegan Society certification
Eco pioneer The Body Shop has scaled new environmental heights, becoming the first beauty brand globally to have 100% of its product formulations certified by The Vegan Society.
Beauty
L’Oréal Heir Francoise Bettencourt Meyers becomes first woman with $100bn fortune
Francoise Bettencourt Meyers became the first woman to amass a $100 billion fortune, marking another milestone for the heiress and for France’s expanding fashion and cosmetics industries
Beauty
'Please cut plastic packaging' say beauty consumers - CleanHub report
The beauty industry may think it’s becoming more eco but consumers want more and cutting plastic use, plus improving what happens to disposed-of packaging, are two key areas in which they want to see more action.
Beauty
Boots is testing 'AI personal shopper' - report
In a further move to regain its lead in the UK beauty market, Boots is planning the launch of a pioneering ChatGPT ‘personal shopper’ for its website.
Beauty
P&G adds Johnson & Johnson vet to board
The Procter & Gamble Company announced on Wednesday the appointment of Ashley McEvoy to the company’s board of directors, effective December 12.
Beauty
Walgreens mulls IPO for UK Boots pharmacy chain
Walgreens Boots Alliance is in early talks over separating its UK-based Boots drugstore chain, including the possibility of an initial public offering in London, Bloomberg News reported on Tuesday.
Beauty