The Pierre Fabre Group, which is behind brands like Avène and Klorane, has unveiled its Green Impact Index, a tool destined to provide users with information on the environmental and societal impact of its cosmetics.
Beauty e-tailer Cult Beauty has filed its full-year results for the 12 months to May 31 2020 and they show that it enjoyed what it called “another great year”, despite the pandemic affecting over two months in the year.
Sourcing platform RangeMe has launched in the UK. It offers retailers instant access to over 200,000 suppliers and more than 750,000 products from around the world, with beauty being one of its big categories.
Inditex bounced back with a vengeance in Q1 with the Spanish fashion retail giant reporting higher profits and saying its sales grew 50% year-on-year. Sales in Q2 so far have also exceeded those of Q2 2019.
Salvatore Ferragamo is in negotiations with fragrance group Interparfums, which produces perfumes for brands including Coach and Jimmy Choo, about a licensing deal for the development of its own fragrances.
In two years, all the cosmetics products by The Body Shop (owned by the Natura group) will be certified ‘vegan’, in other words not containing any substance of animal origin, by UK association The Vegan Society.
Ulta announced Q1 net income of $230.3 million, or $4.10 per diluted share, on Thursday, surging out of the loss reported by the company in the prior-year period and soaring over analysts’ estimates of $1.99 per share.