Richemont has asked shareholders to reject a candidate from Bluebell Capital Partners as a representative of ordinary shareholders and vote against his election to the luxury group's board at its upcoming AGM.

Euro zone retail sales plunged more than expected in June as prices at factory gates continued to rise, data showed Wednesday, signalling a weakness in consumer demand that could herald a recession in H2.

​Revlon received a US bankruptcy judge's permission Monday to proceed with a $1.4bn loan, over an objection by some creditors who argued its terms could block their chance to recover anything from the firm's bankruptcy.

​Cosmetics giant Estée Lauder Cos Inc is reportedly in talks to acquire ultra-luxury brand Tom Ford. If it does, it could be a $3 billion deal, the Wall Street Journal said at the start of August, citing sources.

​Hermès saw a sales boom in Q2 as — like its luxury peers — it enjoyed strong growth in Europe and the US with China also recovering during June towards the end of the quarter.

British beauty retailer Lush is placing physical retail at the heart of its strategy, and announced an €8.9 million investment to expand and renovate its European stores.

During the first quarter of its fiscal year that closed on June 30, the L'Occitane group recorded sales of €416 million, up 15.8% at constant exchange rates.

Cosmetics group L'Oreal bucked a declining trend for the luxury and fashion industry in China with sales growing in the second quarter despite COVID lockdowns, as the make-up market rebounds.

Having so far favored direct sales, the American beauty brand is arriving at Sephora stores in the U.S. and Canada, and is expanding its network of boutiques. 

​Unilever’s first-half report on Tuesday showed rising sales, with inflation a big factor in that as the company was largely able to pass on price rises to consumers.

The 20th edition of Pitti Fragranze, the trade show of the creative perfumery sector, entitled ‘The 5 Senses Issue’ and featuring 140 international exhibitors, will be held in Florence on September 16-18.

K11 Group this month announced plans for a new harbourfront complex in China's Shenzhen, as the New World Group-owned brand and retail developer continues to expand across mainland China. 

Singer Halsey announced this month the upcoming launch of her second beauty brand, set for retail release in Walmart July 25. 

The American group Estée Lauder is launching a support program dedicated to Indian beauty labels entitled Beauty & You India together with Nykaa, an Indian online beauty retailer.

​Deep in transition mode, Brand Architekts Group has suffered an untimely dip in sales and earnings, the challenger British beauty business admitted Thursday. Group sales for the year are expected to be down 11%.

Skincare brand Loops announced on Tuesday the appointment of actress Camila Mendes as its creative director, coinciding with the news the beauty brand has inked its first physical retail deal with Ulta Beauty.