Global Cosmetics Media -in-conversation with

08/02/2022

Bath & Body Works reports record Q4 sales
(read more)
https://bit.ly/3rzOLCz

Bath & Body Works has reported record fourth quarter sales and provided and update on its estimated Q4 earnings per share from continuing operations.

30/09/2020

Amazon launches Climate Pledge Friendly program
(read more) https://bit.ly/3n5CYaM

Amazon is launching Climate Pledge Friendly, a new program to help shoppers discover more sustainable products. The label, which will be awarded to some 25,000 products, will appear in searches signifying one of 19 different sustainability certifications.

31/08/2020

PODCAST ALERT: Coronavirus: Innovating Beauty
listen https://bit.ly/2QF8JbR
This months panelists:

in-conversation with … a business podcast hosted by Siobhan Murphy

25/08/2020

Target smashed: Target delivers record gains in Q2 (read more) https://bit.ly/3gpmA03

Target has announced its results for the second quarter of fiscal 2020, and let’s just say it’s a bit of an anomaly as 2020 results go. Comparable sales swelled 24.3 percent – the company’s strongest ever quarter – with store comparable sales rising 10.9 percent and digital comparable sale...

25/08/2020

Nobu Hospitality to cut ribbon on Portland Square hotel and wellness facility this fall (read more) https://bit.ly/2QmOWxx

Nobu Hospitality has announced that it will cut the ribbon on its latest London project this winter, after having its planned summer opening postponed due to COVID-19.

25/08/2020

AmorePacific debuts Enough Project; a vegan-friendly lifestyle brand (read more) https://bit.ly/3glGJEs

AmorePacific has launched a new pragmatic lifestyle brand, named Enough Project. The K-beauty behemoth describes the new line as ‘bringing to life texture that is good to apply regardless of age’ and boasts a simple design that is appealing to all genders.

24/08/2020

UK government ushers in targets for biodiversity, air quality, water and waste (read more) https://bit.ly/2EsVgkn

The UK government has committed to setting legally binding targets for biodiversity, air quality, water and waste, according to a report published by Edie.

24/08/2020

P&G to list Gillette parking lot for sale? (read more) https://bit.ly/3j1FtrQ

Procter & Gamble is said to have hired a broker to market a 2.5 acre site which is currently used as a parking lot serving Gillette’s World Shaving Headquarters in Fort Point, according to a report published by the Boston Globe.

24/08/2020

Bath & Body Works surge helps L Brands beat expectations in Q2 2020 (read more) https://bit.ly/2EuFgOY

L Brands has reported better-than-expected sales for the second quarter of fiscal 2020. The company saw net sales drop 20 percent yoy to US$2.319 billion, driven by ‘exceptionally strong’ results at Bath & Body Works..

21/08/2020

FANCL Asia put up for sale; expected to reach billion-dollar price tag (read more) https://bit.ly/2Eh3fRL

The Asian distributor of FANCL is rumored to be putting the skin care brand up for sale, according to a report published by Reuters.

21/08/2020

The Estee Lauder Companies announces Post-COVID cost-cutting plan as Q42020 sales dive 32 percent (read more) https://bit.ly/3j2J34Q

The Estee Lauder Companies has announced its results for the final quarter and full year of fiscal 2020. A sharp 32 percent sales decrease in the final quarter contributed to an overall 4 percent drop in sales for the year, for a total of US$14.29 billion.

20/08/2020

Walmart warns of ‘outsized gains ebb’ as stimulus checks end (read more) https://bit.ly/3aINTkW

Walmart Chief Financial Officer Brett Biggs has warned that buoyed consumer spending in the U.S. could start to wane as government stimulus checks start to run out, according to a report by Bloomberg.

20/08/2020

Shiseido Americas’ Mark Rey resigns as President and CEO (read more) https://bit.ly/34janIa

Shiseido Americas has announced that Marc Rey has resigned as President & CEO, effective 6th September.

19/08/2020

Therme Group unveils plans for multiple wellbeing resorts across UK (read more) https://bit.ly/2Q6qr7B

Therme Group has unveiled plans to develop its wellbeing resort concept in several cities across the UK. The roll out from its initial Manchester-based hub will create more than 3,000 jobs.

19/08/2020

Douglas dodges downward spiral as sales recover in June (read more) https://bit.ly/3aGvepG

Douglas has announced that its sales have stabilised following a weeks-long period in which the GVC has significantly impacted the retail industry.

18/08/2020

Sa Sa International Holdings evolves New Retail offering with Boutir solution(read more) https://bit.ly/3479dPT

18/08/2020

Natura &Co Q2 sales down 12.7 percent; online and digital outperforms with 225 percent growth (read more) https://bit.ly/3478vCd

Natura &Co consolidated sales were down 12.7 percent to R$7.0 billion in Q2 with the company feeling the impact of COVID-19. However, e-commerce sales grew 225% with the company adapting to digital platforms in the wake of the pandemic.

17/08/2020

Nivea launches refill station for shower gel (read more) https://bit.ly/2Y85YE0

17/08/2020

COVID-19 isn’t a justification for stealing: UMB files lawsuit against Revlon over loan collateral (read more) https://bit.ly/3awKZzs

UMB Bank has filed a lawsuit accusing Revlon of offering up loan collateral to secure further financing, according to a report published by Bloomberg.

17/08/2020

Malaysia Airlines partners with 3Sixty to boost e-tail platform ( read more) https://bit.ly/2Q1pCgg

14/08/2020

Firmenich announces 2.8 percent growth in 2020 full year results (read more) https://bit.ly/30XuTff

Perfume and taste company Firmenich has announced a 2.8 percent year-on-year growth for the 52 weeks ended 30th June, 2020.

14/08/2020

Estée Lauder looks to gaming world to promote Advanced Night Repair beauty serum (read more) https://bit.ly/31VDluE

Estée Lauder has aligned with the gaming world to promote its Advanced Night Repair Synchronized Multi-Recovery Complex, launching several web-based video games on its ANRcade microsite, according to AdAge.com.

14/08/2020

Colombian President signs law to ban use of animals in cosmetics testing by 2024 (read more) https://bit.ly/3areMtj

Colombian President Iván Duque Márquez has signed a new law that ends the use of animal testing for cosmetics, which will come into force in 2024.

13/08/2020

UK supermarkets scale back beauty products as customers opt for more natural look during COVID-19 (read more) https://bit.ly/3kFMGPL

UK supermarkets have been scaling back the number of beauty products they stock as customers are said to be opting for more natural looks during the Great Virus Crisis (GVC), according to a report by The Grocer.

13/08/2020

MassageLuXe appoints new Chief Growth Officer to grow franchise sales (read more) https://bit.ly/2POApKL

13/08/2020

DFS Group acquires 22 percent stake in Shenzhen Duty Free Ecommerce Co (read more) https://bit.ly/2FlS0rz

The DFS Group has acquired an 88 percent stake in Shenzhen Duty Free Ecommerce Co., which is majority-owned by Shenzhen Duty Free Group, according to a report by WWD.com.

13/08/2020

Beiersdorf reports H1 sales decline; derma brands outperform amidst pandemic (read more) https://bit.ly/2FeTVhq

Beiersdorf has reported a 2020 first half sales fall of 10.1 percent, reporting €3,449 million sales. However, the personal care giant’s derma brands remained steadfast in the wake of the pandemic, with the sector growing 6.2 percent.

12/08/2020

Lancôme names Neelofa as its first Southeast Asia ambassador (read more) https://bit.ly/2CjLJve

L’Oréal-owned Lancôme has named Neelofa as its first regional ambassador for Southeast Asia, according to a report published by the New Straits Times.

12/08/2020

PZ Cussons offloads Ushindi soap brand for Sh107 million (read more) https://bit.ly/2DTQLPy

PZ Cussons has sold its Ushindi soap brand to Pwani Oil for Sh107 million, according to a report published by Business Daily Africa.

12/08/2020

Exit tax could scupper Unilever’s leap to London ( read more) https://bit.ly/3kDGvvK

The Netherlands’ proposed ‘exit tax’ could prompt Unilever to scrap plans to move lock, stock and barrel to London, according to a report published by Reuters.

12/08/2020

Henkel 1H2020: Shuttered salons sent sales down 6 percent ( read more) https://bit.ly/2FiEBAv

Henkel recorded sales of €9,485 million In the first half of 2020, some 6 percent below 2019 levels. Operating profit also plummeted 27.5 percent, hitting €1,191 million with an EBIT margin of 12.6 percent, some 370 basis points below the prior-year period.

11/08/2020

MyGlamm snaps up POPxo (read more)
https://bit.ly/3iAHXNL

MyGlamm has acquired digital lifestyle platform POPxo, according to a report published by LiveMint. Terms of the deal were not disclosed.

11/08/2020

Revlon Q2 2020: Sales plummet 39 percent despite e-commerce boom (read more) https://bit.ly/3kzE0dS

Revlon has announced its results for the second quarter of fiscal 2020. The US make-up giant saw net sales plummet 39 percent yoy to US$570.2 million. However, e-commerce was a bright spot, growing 58 percent versus the prior-year period to account for some 18 percent of sales, versus 7 percent in t...

10/08/2020

Symrise raises outlook after ‘outstanding’ 1H 2020 (read more) https://bit.ly/3fKrcxx

Symrise has announced its results for the first half of fiscal 2020 and raised its outlook for the year after ‘very successfully’ continuing its profitable growth course over the first six months of the year.