Unilever Ventures and True Beauty Ventures Invest in The 7 Virtues Fragrance
Unilever Ventures, the venture capital arm of the Unilever Group, has partnered with True Beauty Ventures, an investment firm specialising in scaling beauty and wellness brands, to complete the inaugural institutional financing round for The 7 Virtues.
Dior Opens Holiday Pop-Up Boutique in Miami
Dior is opening a new pop-up boutique in Miami called the “Dior Garden of Dreams,” inspired by the Jardin des Tuileries.
Freddy Bharucha Appointed President of P&G’s North America Personal Care and Beauty Operations
Freddy Bharucha has been appointed as the inaugural president of Procter & Gamble’s (P&G) North America personal care and beauty operations.
FTC Accuses Amazon of Price Manipulation
Amazon has been accused by the U.S. Federal Trade Commission (FTC) of employing illegal strategies to increase profits within its online retail business.
Amorepacific Strengthens Global Presence with COSRX
Amorepacific has expanded its presence in the global market by acquiring additional shares of COSRX, making COSRX a subsidiary of Amorepacific.
Kurkdjian revives Baby Dior line
Dior has unveiled its new, re-birthed baby care line. The LVMH-owned brand’s Perfume Creation Director, Francis Kurkdjian has created a new scent for the range, Bonne Etoile.
Unilever backpeddles on brand purpose
As part of its recently announced action plan to ‘drive growth and unlock potential’, Unilever is dialling back on its pursuit of ‘purpose’ for some of its brands.
Shiseido to offer postpartum support service to employees
Shiseido has unveiled an employee childcare support service in partnership with Kangaroom+. The service will provide housework and child care assistance by licensed, qualified postpartum care professionals to employees with children aged under 3 months.
LO3 Capital supports Inspired Beauty Brands with growth capital
LO3 Capital has announced that it has provided a senior subordinated debt investment to support Inspired Beauty Brands with growth capital.
China is not a priority for us: Elf Beauty announces international expansion plan
Elf Beauty is planning on international expansion but it won’t be relaunching on the Chinese market any time soon. Instead, the mass beauty brand will focus its efforts on the US and Western European markets.
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