L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
wellness
Beauty
J&J to Stop Selling Personal Care Products in Russia
Johnson & Johnson said on Tuesday it would halt sale of personal care products in Russia, joining other companies that have limited their business in the country in response to its invasion of Ukraine.
J&J to Stop Selling Personal Care Products in Russia
Johnson & Johnson said on Tuesday it would halt sale of personal care products in Russia, joining other companies that have limited their business in the country in response to its invasion of Ukraine.
Retail
Lululemon Forecasts Strong 2022 Earnings on Demand For Athletic Wear
Lululemon Athletica on Tuesday forecast full-year revenue and profit above analysts’ estimates, signalling demand for athletic wear would remain consistent even as people return to offices and resume travel.
Lululemon Forecasts Strong 2022 Earnings on Demand For Athletic Wear
Lululemon Athletica on Tuesday forecast full-year revenue and profit above analysts’ estimates, signalling demand for athletic wear would remain consistent even as people return to offices and resume travel.
Beauty
DTC Toothpaste Brand Twice Inks New Retail Partnerships
Twice, which is co-founded by Lenny Kravitz, is betting that the ‘oral beauty’ boom will primarily occur offline.
DTC Toothpaste Brand Twice Inks New Retail Partnerships
Twice, which is co-founded by Lenny Kravitz, is betting that the ‘oral beauty’ boom will primarily occur offline.
Beauty
KKR-Backed Wella Aims for IPO as Haircare Market Recovers
Wella Co., the cosmetics maker owned by KKR & Co. and Coty Inc., plans an eventual initial public offering as demand from beauty salons for professional haircare products recovers.
KKR-Backed Wella Aims for IPO as Haircare Market Recovers
Wella Co., the cosmetics maker owned by KKR & Co. and Coty Inc., plans an eventual initial public offering as demand from beauty salons for professional haircare products recovers.
Technology
How ‘The Age of Acceleration’ Will Transform Business
At BoF VOICES 2021, futurists Martin Raymond and Christopher Sanderson examined the series of fast-paced changes that will dominate the wider world in the coming decade — and advised on how brands must adapt.
How ‘The Age of Acceleration’ Will Transform Business
At BoF VOICES 2021, futurists Martin Raymond and Christopher Sanderson examined the series of fast-paced changes that will dominate the wider world in the coming decade — and advised on how brands must adapt.
Beauty
How Beauty Brands Are Building Their Tech Muscle
With the past year’s flurry of tech-focused mergers, acquisitions and partnerships, the beauty industry increasingly resembles Silicon Valley. But the bets on beauty tech are just beginning.
How Beauty Brands Are Building Their Tech Muscle
With the past year’s flurry of tech-focused mergers, acquisitions and partnerships, the beauty industry increasingly resembles Silicon Valley. But the bets on beauty tech are just beginning.
Retail
Report: Peloton Trims Forecast on Apparel Sales
Ececutives believe Peloton owners will ease up on their fitness apparel purchases, as they allocate spending towards going-out clothes.
Report: Peloton Trims Forecast on Apparel Sales
Ececutives believe Peloton owners will ease up on their fitness apparel purchases, as they allocate spending towards going-out clothes.
Beauty
The State of the Celebrity Beauty Brand
Collaborations with musicians like Iggy Azalea and Doja Cat weren’t enough to save BH Cosmetics, which filed for bankruptcy this month.
The State of the Celebrity Beauty Brand
Collaborations with musicians like Iggy Azalea and Doja Cat weren’t enough to save BH Cosmetics, which filed for bankruptcy this month.
Entrepreneurship
Jay Shetty on Finding Your Purpose in a Chaotic World
The author and podcaster shares his definition for the ever-illusive buzzword, and unpacks how to live a life marked by it.
Jay Shetty on Finding Your Purpose in a Chaotic World
The author and podcaster shares his definition for the ever-illusive buzzword, and unpacks how to live a life marked by it.
Beauty
Unilever to Sharpen Health Focus After GSK Consumer Interest
Unilever Plc plans to sharpen its focus on health and hygiene and plans to sell off slow-growth brands as it weighs making a higher offer for GlaxoSmithKline Plc’s consumer unit.
Unilever to Sharpen Health Focus After GSK Consumer Interest
Unilever Plc plans to sharpen its focus on health and hygiene and plans to sell off slow-growth brands as it weighs making a higher offer for GlaxoSmithKline Plc’s consumer unit.
Beauty
What’s Next for Olaplex
With an IPO under its belt, the haircare brand is looking to keep the momentum going and new competition at bay.
What’s Next for Olaplex
With an IPO under its belt, the haircare brand is looking to keep the momentum going and new competition at bay.
Retail
Walgreens Is Exploring Options for Its Boots Business, CEO Says
Walgreens Boots Alliance Inc. has begun a strategic review of its Boots drugstore business, chief executive officer Rosalind Brewer said at the JPMorgan Healthcare Conference.
Walgreens Is Exploring Options for Its Boots Business, CEO Says
Walgreens Boots Alliance Inc. has begun a strategic review of its Boots drugstore business, chief executive officer Rosalind Brewer said at the JPMorgan Healthcare Conference.
The News in Brief
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.
Kevin.Murphy Appoints New CEO
The Australian hair care brand has named Elisa Fischer its new global chief executive as it looks to push deeper into international markets.