UK beauty group Brand Architekts reported its annual results on Tuesday and described it as a period of “consolidation, transition and putting in place the strategic building blocks to achieve the Project 50 goal”.
Knowlton Development Corp said on Tuesday it was looking to raise up to $857.14 million through a U.S. initial public offering, valuing the manufacturer for beauty, personal and home care brands at more than $3 billion.
Givaudan, the world’s top perfume and fragrance producer, has announced it will enlarge its production plant in Pedro Escobedo, in the state of Querétaro, Mexico, as it seeks to boost its Latin America growth.
Palm Angels has launched not one but three debut scents with fragrance specialist 19 – 69, in the latest product development from the Italian hipster skateboard brand, following on link-ups with Missoni and Vilebrequin.
Capri Holdings had big news on Tuesday as it announced a new CEO — Joshua Schulman — for Michael Kors. But more importantly, he'll take over as group CEO from John D Idol next year. Idol will become executive chairman.
Hugo Boss has a new growth strategy called Claim 5 that aims to double its sales to €4bn by 2025. It will accelerate growth across all brands, touchpoints, and geographies and will include a branding refresh.