Nivea body lotion escapes drug classification
A case seeking to reclassify a Nivea Firming Body Lotion as a drug has been dismissed by a ninth circuit judge, according to a report published by JD Supra.
Tivity Health poaches Walgreens veteran for CEO role
Tivity Health has announced that Walgreens President Richard Ashworth has been appointed as its President and CEO, effective June 1.
Johnson & Johnson ends talc sales in North America following ‘misinformation’ regarding product safety
Johnson & Johnson has announced it is to stop sales of talc products in the U.S. and Canada after ‘misinformation’ has led to a slump in demand.
Sephora announces ‘measured’ approach to U.S. store re-openings
Sephora has announced it is to take a ‘measured and supportive’ approach to its U.S. store re-openings, which will begin on 22nd May as part of a phased strategy.
Luxury CBD company Lord Jones to launch sister brand with Actress Kristin Bell
Luxury CBD company Lord Jones is set to launch a new sister brand with Actress Kristin Bell, named Happy Dance.
Bed, Bath & Beyond looks to update image with new L Brands hire
Bed, Bath & Beyond has announced the appointment of former L Brands exec Cindy Davis as its new Chief Brand Officer, according to a report by Bloomberg.
Millennial bible Refinery 29 bucks media decline with Latinx launch
Refinery 29 is to press ahead with a new platform aimed at the Latinx community, according to a report published by The Drum, making the millennial bible appear immune to the plummeting ad revenues being experienced across the media industry.
Almay names Lucy Hale Global Brand Ambassador
Almay has named actor Lucy Hale as Global Brand Ambassador.
Rituals shuts five California stores for good?
Rituals has announced that five of its Californian locations will not reopen for the foreseeable, according to a report published by WWD.
Sephora hands North American account to Publicis
Sephora has awarded its US$250 million media account for the North American region to Publicis Groupe, according to a report published by Media Post.
Walgreens Boots Alliance on the hunt for marcomms partner
Walgreens Boots Alliance has launched a global RFP (request for proposal) process in order to find a marketing and communications agency, according to a report published by PR Week.
Bluemercury to open stores for curbside collection
Bluemercury has announced that it will open up to 115 of its 170 stores for curbside collection services by the end of the month, according to a report published by WWD.
L’Oréal triumphs in faulty pump appeal
A federal appeals court has upheld the dismissal of a class action bought against L’Oréal USA, according to a report published by Reuters.
Sephora evolves shopping experience with new Klarna partnership
Sephora has announced a new partnership with global payments and shopping provider Klarna, which will allow consumers to pay for goods via an instalment option.
Ulta reopens 180 stores as U.S. COVID-19 lockdown measures ease
Ulta has reopened 180 stores in the U.S. following their closure on 19 March, as COVID-19 lockdown measures begin to ease in the country.
Revlon Q1 2020: COVID-19 sends sales crashing
Revlon has reported its results for the first quarter of the current financial year. The US cosmetics firm saw sales dive 18.1 percent to US$453 million in the three months to March 31, 2020 compared to the prior year period.
Marathon Founder offloads sizeable stake in Elf Beauty
The Founder of Marathon Capital Management, Mario Cibelli has reduced the stake he holds in Elf Beauty by more than a third, according to a report published by Forbes.
Virtual internships: P&G takes student schemes online
The COVID-19 outbreak has thrown up many challenges but, as we approach the summer break, there’s one more hurdle to be overcome. How to on-board interns and graduates. Procter & Gamble has been cooking up one solution, according to a report published by Biz Journals.
KKR snaps up Coty’s Professional Beauty arm
Coty has announced a strategic partnership with KKR, which will see the global investment firm invest US$750 million through the purchase of convertible preferred shares in Coty. In addition, the duo signed a memorandum of understanding under which, KKR will acquire a majority stake in Coty’s Professional Beauty and Retail Hair Businesses at a contemplated enterprise value of US$4.3 billion.
Sally Beauty Q2 2020: sales down 7.1 percent, hit by COVID-19 closures
Sally Beauty has announced its financial results for the second quarter of the financial year, ended March 31, 2020.
L Brands unveils new standalone plan for Victoria’s Secret following Sycamore sale collapse
L Brands has unveiled it is to operate Victoria’s Secret as a standalone business following the collapse of the Sycamore Partners deal, according to a report by Bloomberg.
Revlon names Jessica Jung new Global Brand Ambassador
Revlon has named K Pop star Jessica Jung as its new Global Brand Ambassador.
BECCA Cosmetics announces recall of Light Shifter Brightening Concealer due to mold fears
Becca Cosmetics has announced a recall of its Light Shifter Brightening Concealer due to fears of mold contamination.
J.C. Penney files restraining order to halt Sephora exit
U.S. retailer J.C. Penny has filed a restraining order in a bid to stop Sephora from pulling out of its stores, according to a report by CNBC.
Former Laura Mercier CEO joins Advent International as Operating Partner
Advent International has announced that it has hired Janet Gurwitch, Founder and Former CEO of Laura Mercier, as Operating Partner, focused on the beauty and wellness sectors.
Ulta Beauty launches curb-side collection
Stores may be closed to clients but Ulta Beauty has debuted a Curbside Pick-Up service in select stores. The offering is an extension of its popular Buy Online Pick Up in Store service.
The Estee Lauder Companies Q3 2020: sales down 11 percent but signs of recovery in China
The Estee Lauder Companies has announced its results for the third quarter of fiscal 2020. The US prestige beauty giant saw sales drop 11 percent year-on-year in the three months to March 31, 2020, to US$3.74 billion.
Bed, Bath & Beyond appoints CFO, names key executives
Bed, Bath & Beyond has named four new strategic appointments for its leadership team.
Amazon is ‘in a league of its own’, says Brand Finance as it names the e-commerce behemoth ‘World’s Most Valuable’
Brand Finance has named Amazon the World’s Most Valuable Retail Brand and predicted that its dominance over retail will likely grow as the COVID-19 pandemic sends consumers online, smashing the ‘unobtainable’ US$200 billion brand value mark.
Lancôme relaunches Juicy Tubes
To celebrate 20 years since their debut, L’Oréal-owned Lancôme is relaunching its popular Juicy Tubes lip glosses, according to a report published by Allure.
Jim Gerson named President for Speedo North America
Following the announcement that Pentland Group has completed the acquisition of Speedo North America, the company has announced that Jim Gerson is poised to return to the business as President.
Coty professional beauty sale hits snag; KKR and Henkel hold off on bids to assess COVID-19 impact on salon brands
Henkel and U.S. buyout fund KKR are said to be holding off on bids for Coty’s Professional Beauty division as they look to assess the damage caused by the coronavirus pandemic on brands such as Wella, Clairol, GHD and OPI, according to a report by Reuters.
L’Oréal USA launches Snapchat filters in Snap Camera partnership
L’Oréal USA has become the first beauty company to partner with Snap Camera as it looks to AR amidst the coronavirus crisis, launching eight custom-branded augmented reality lenses for the Snap Camera desktop platform.
Reckitt Benckiser teams up with Hilton to launch Hilton Cleanstay program
Reckitt Benckiser (RB) has teamed up with hotel chain Hilton to launch the Hilton Cleanstay program, as it looks to deliver an ‘industry-standard of cleanliness and disinfection’ following the coronavirus pandemic.
Open wide: US retailers call on states to standardize store opening
The Retail Industry Leaders Association and the National Retail Federation have called on Governors across the US to adopt a universal reopening standard, rather than piecemeal lifting of restrictions, according to a report published by Bloomberg.
Sycamore pulls out of Victoria’s Secret sale
L Brands has announced that Sycamore Partners has delivered a notice purporting to terminate the agreement relating to the sale of a 55 percent interest in Victoria’s Secret.
Neptune Wellness partners with Dr Jane Goodall to co-develop Forest Remedies line
Neptune Wellness Solutions has announced that it has teamed up with well known conservationist Dr Jane Goodall to co-develop a line of health and wellness products under the former’s Forest Remedies brand.
Coty Professional sets up fund to help hairdressers
Coty’s Professional Beauty division has set up a fund of some US$200,000 to help beauty businesses affected by the COVID-19 crisis, according to a report published by Allure.
bareMinerals launches virtual beauty consultants
Shiseido-owned bareMinerals has launched a virtual beauty consultation aimed at recreating the in-store experience at home.
Bluemercury up for sale? Macy’s seeks buyer as COVID-19 crisis drags on
Macy’s is on the hunt for a buyer for its Bluemercury chain, according to a report published by WWD.
Coty: will drones be the key to tie up professional beauty sale?
Coty is thought to be looking to use drones to help complete the divestiture of its professional beauty division, according to a report by Bloomberg.
P&G forges ahead with marketing during COVID-19 to retain ‘mental availability’
Procter & Gamble is forging ahead with its marketing activity as it looks to retain ‘mental availability’ of its products during the COVID-19 pandemic, according to a report by the Drum.
Coty’s Calvin Klein brand scoops Silver Cradle to Cradle award
Coty-owned Calvin Klein fragrances has achieved a Material Health Certificate at Silver level from the Cradle to Cradle Products Innovation Institute for its CK Everyone edt.
Nordstrom sets sustainability goals through 2025
Department store Nordstrom is deepening its efforts to minimize its environmental impact by 2025. The US retailer has announced five new goals to demonstrate its continued commitment to combating climate change and increasing environmental stewardship.
Omya closes acquisition of Formulae Development
Omya has announced that it has completed the acquisition of Formulae Development. Terms of the deal were not disclosed.
Procter & Gamble to debut paper tube for Secret and Old Spice deodorants
Procter & Gamble has announced that it is set to trial its first all-paper tube package for its Old Spice and Secret deodorant brands this May, according to a report published by Environment + Energy Leader.
EDITED raises US$29 million to help retailers fight COVID-19 disruption with data
Retail decision platform EDITED has received significant investment to help the world’s largest retailers maximise profitability and reduce risks during uncertainty.
Procter & Gamble Q3 2020: stockpiling leads to sales boom
Procter & Gamble reported its ‘best US sales growth in decades’ (Reuters) at the close of last week. The US FMCG giant saw sales rise 5 percent to US$17.2 billion, while net earnings grew 8 percent versus the prior year.
Revlon enters into refinancing agreement
As part of its recently announced transformation plan, Revlon has reached a refinancing agreement with Jefferies Finance.
Estée Lauder Companies announces pay cuts, suspended payments and freeze on hiring
The Estée Lauder Companies has announced a slew of measures to cut costs during the coronavirus pandemic, including pay cuts, suspended payments and a freeze on hiring
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