Groupe Bogart acquires Rose et Marius
Groupe Bogart has announced the acquisition of the Rose et Marius House of Haute Parfumerie and Art of Living in Aix-en-Provence, France. Financial terms of the deal were not disclosed.
Puig Acquires Majority in Dr. Sturm
Puig, a Spanish cosmetics company, has acquired a majority stake in Dr. Barbara Sturm, a German skincare brand.
L’Oreal announces acquisition of Gjosa
L’Oreal has announced that it has signed an agreement to acquire the outstanding shares of water tech start-up, Gjosa. The French beauty giant partnered with the Swiss-based innovator to launch the L’Oreal Professional Water Saver professional showerhead in 2021. Financial terms of the deal were not disclosed.
The Body Shop CEO departs with immediate effect as sale completes
The Body Shop’s Interim CEO has stepped down with immediate effect following the completion of the ethical beauty retailer’s sale to Aurelius. Ian Bickley’s replacement is yet to be announced by the private equity firm.
Augustinus Bader hires ex-Dior Parfums Director to head up marketing
Augustinus Bader has announced the appointment of Jerome Pulis as Head of Global Brand Marketing and Communications. Pulis is best known for his 16-year stint at Parfums Christian Dior, where he held the role of Director of International Communication up until January of last year.
L’Occitane Group Acquires Dr. Vranjes Firenze
The L’Occitane Group has acquired Dr. Vranjes Firenze, an Italian luxury home fragrance brand.
Inflation, what inflation? Superdrug slashes prices by up to 50 percent
AS Watson-owned Superdrug has announced sweeping price cuts across its own ranges. The UK drugstore chain said that it was bringing in permanent reductions of up to 50 percent for some 150 items across its private label brands.
LVMH founder receives Grand Cross of the Legion of Honor
Bernard Arnault has received France’s highest civilian award; the Grand Cross of the Legion of Honor. The LVMH Founder was decorated in the annual New Year’s Day honors list.
Direct Selling Association names Board Chair
The Direct Selling Association (DSA) has announced the appointment of Ayo Olaseinde as Chair of its Board. Olaseinde joined the DSA Board in 2023 and takes on the role alongside his position as President at Saladmaster.
Unilever buys premium hair care brand K18
Unilever has announced the acquisition of premium hair care brand, K18. Financial terms of the deal were not disclosed. The purchase is expected to be completed by the close of the current quarter.
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