Vitality Brands announces acquisition of Essano
THE WHAT? Vitality Brands has announced that it is set to acquire Kiwi beauty brand, Essano. The deal is expected to close by the end of March with Pencarrow Private Equity surrendering its stake in the brand financial terms were not disclosed. THE DETAILS According to a report published by Inside Retail, Vitality Brands will […]
Fenty Beauty to launch on Chinese market
THE WHAT? Fenty Beauty is set to launch on the Chinese mainland. The launch coincides with Founder Rihannas appearance on the cover of Vogue China and was announced on the singers YouTube channel. THE DETAILS The brand launched in Hong Kong, Macau and Seoul in July 2019 but its Mainland debut has lagged, presumably due […]
Henkel extends Adobe partnership – Global Cosmetics News
THE WHAT? Henkel and Adobe have expanded their partnership with a view to delivering personalization at scale across the German manufacturers global brand portfolio via the power of generative AI. THE DETAILS Using Adobe Firefly Custom Models, Henkel will be able to train and fine tune Firefly generative AI models using its own assets to […]
Lush Launches Shrek-Themed Collection – Global Cosmetics News
THE WHAT? Lush has unveiled a collaboration with the Shrek franchise, launching the Lush x Shrek collection first on their app and soon in stores, inspired by the animated series to celebrate the quirky and swampy side of its fans, moving away from the ‘clean girl’ aesthetic. THE DETAILS The collection features new products like […]
The Body Shop India Expands
THE WHAT? The Body Shop India is set to significantly enhance its market presence by introducing 100 additional brand touchpoints across the country by 2025, targeting double-digit growth through an expansion into Travel Retail, Beauty Specialty, and Quick Commerce segments. This strategic growth plan is an extension of its current footprint, which includes 200 stores […]
The Modern Age Clinic Shuts Down
THE WHAT? The Modern Age, a longevity clinic based in New York and founded in 2022, is closing down. Founder and CEO Melissa Eamer announced the closure through an email to patients, citing challenging business conditions as the reason behind the decision. THE DETAILS Eamer’s email expressed gratitude to patients for their trust and highlighted […]
La Prairie Names New CEO
THE WHAT? The La Prairie Group AG has announced Estelle Létang as its new CEO, effective April 1, 2024, who will work from the company’s headquarters in Zurich, Switzerland, reporting to Patrick Rasquinet of Beiersdorf’s Executive Board. In her new role, Estelle will lead La Prairie’s strategic direction, manage daily operations, and oversee the company’s […]
Shilla Duty Free’s Strategic Extension
THE WHAT? The Shilla Duty Free Shop, has extended its concession at Hong Kong International Airport for an additional three years, now ending on September 30, 2027. This extension secures Shilla’s business presence in three key Asian airports, boasting a combined annual passenger traffic of over 150 million. THE DETAILS Over the past seven years, […]
Shoppers Drug Mart Launches Cosmetic Recycling Program
THE WHAT? Shoppers Drug Mart has partnered with TerraCycle to launch the Quo Beauty Cosmetics Free Recycling Program, aiming to address the cosmetic industry’s large plastic waste output. This program allows customers to recycle empty Quo Beauty cosmetics components, with a donation of US$1 to the Shoppers Foundation for Women’s Health™ for every pound of […]
Sephora Launches Global Sustainability Seals
THE WHAT? Sephora announced the launch of two global sustainability seals, “Clean at Sephora” and “Planet Aware at Sephora,” during the ChangeNow summit in Paris, aimed at increasing transparency and standardization across its product offerings worldwide. These seals, which will be introduced in April, are part of Sephoras effort to harmonize its environmental commitments and […]