The “significant” amount of capital will be used for product innovation, team expansion, and marketing efforts, and for deepening the brand's relationship with Sephora, its distribution partner since 2018.
The fashion and media company is hosting The Lineup, a three-day editor-curated beauty event featuring immersive experiences, master classes and personalized swag bags, kicking off in Los Angeles on Friday, December 13.
The retailer has teamed up with the beauty tech provider Perfect Corp to launch ‘ColorView,' a virtual hair color try-on experience powered by artificial intelligence (AI) and augmented reality (AR) technology.
Japanese cosmetics giant Shiseido has revealed the composition of the new executive committee that will lead the group in the EMEA region, as it seeks to reach the objectives set out in its Vision 2020 strategic plan.
On wasteland once used for earthquake drills in the small town of Otawara north of Tokyo, Japan's Shiseido has built its first domestic factory in 36 years, hoping to capitalise on a boom for "Made in Japan" cosmetics.
The American cosmetics retailer announced increased sales and diluted earnings per share for the third quarter on Thursday, beating analysts’ expectations and sending shares in the company up 8% in the extended session.