THE WHAT? Sephora has announced that it is pulling out of South Korea. On an Instagram post, the LVMH-owned retailer revealed that it would terminate operations with a phased withdrawal commencing from May 6, 2024. THE DETAILS The phased withdrawal will affect Sephoras e-commerce platform, mobile app and bricks and mortar stores, according to a […]
THE WHAT? Gillette has announced a partnership with the National Basketball Youth Mentorship Program. The partnership aims to help boys in Canada grow into the best men they can be by providing access to positive role models and fostering confidence building through playing the sport. THE DETAILS The partnership builds on the P&G-owned brands existing […]
THE WHAT? DoorDash is ramping up its beauty offer, forging partnerships with MAC and Sally Beauty to enable customers to shop from an array of products and receive them within the space of an hour. THE DETAILS According to a report published by Retail Touchpoints, the speedy delivery service has also expanded its existing partnership […]
THE WHAT? The CEO of Next Beauty, Amanda Scott is said to have resigned from her role. Scott has led the UK high street stalwarts beauty business for almost half a decade and is thought to have accepted advisory roles with other beauty brands. THE DETAILS Scotts LinkedIn profile is yet to be updated but […]
THE WHAT? Chanel has named Emilie de Tramasure as General Manager of its Frangrance and Beauty division, effective September 9, 2024. She succeeds Barbara Menarquez, who is due to retire at the end of next month. THE DETAILS Molli Megasko, Head of Digital US, will head up the department between Menarquez departure and de Tramasures […]
THE WHAT? The Estee Lauder Companies Travel Retal has partnered with China Duty Free group to bring 15 of its prestige brands to CDFGs new Global Beauty Plaza at Sanya International Duty Free Shopping Complex in Hainan. THE DETAILS The US prestige beauty giant will launch its largest global flagship and first multi-level experiential store […]
THE WHAT? Kering has announced that it will propose the appointment of three new independent directors to its Board of Directors at the Annual General Meeting on April 25, 2024: Rachel Duan, Giovanna Melandri and Dominique DHinnin. THE DETAILS Rachel Duan recently served as Senior Vice President of GE and President and CEO of […]
THE WHAT? The Founders of Caudalie, Mathilde and Bertrand Thomas have invested 1.5 million in French acne care brand Skin and Out. The deal follows a similar investment made by the Thomas in Talm last year. THE DETAILS According to a report published by WWD, the Founder of Skin and Out, Amelie Desazars, worked with […]
THE WHAT? LVMH has allocated new responsibilities to two of its senior executives. Romain Spitzer, CEO of LVMH Fragrance Brands will have New Ventures added to his role while Stephanie Medioni, Executive President, LVMH Perfumes & Cosmetics, will now lead on CMI, Media, Retail and Omnichannel too. THE DETAILS According to a report published by […]
THE WHAT? Beiersdorf has signed an agreement to acquire the premises where its La Prairie brand was born. The German manufacturer of Nivea will purchase the Clinique La Prairie building along with six further edifices on the site. THE DETAILS Financial terms of the deal were not disclosed but the lakeside property will continue to […]
