The latest news
Kim Kardashian trademarks daughter North West's name in beauty industry
Could Kanye West and Kim Kardashian's daughter North West's name become a cosmetics brand? Kim Kardashian has trademarked her eldest daughter's name in several sectors, including beauty.
WBA reports rising sales, says Boots strengthened in Q2
With beauty and health retail giant Boots potentially up for sale again, its owner has released new figures showing its strength in the financial second quarter, the three months to the end of February.
John Lewis losses grow, launches bigger costs-savings drive
When a results release starts with a message to the staff talking about “another very tough year”, you know it’s not going to be good and so it was with John Lewis Partnership on Thursday.
John Lewis names non-exec Nish Kankiwala to new CEO role
It’s a big news week for John Lewis with its results due Thursday and a new concept store layout unveiled Tuesday. And Wednesday? Just the small matter of a new CEO.
Body Shop and Aesop owner Natura highlights sales progress, despite overall falls
The Brazilian beauty giant that owns The Body Shop, Aesop and Avon, talked of “a resilient performance” in Q4 with sales growth in constant currency. But sales still fell on a reported basis and it made a net loss.
Henkel to lose momentum in 2023 after jump in sales
Germany's Henkel said on Tuesday that it expects slower industrial and consumer demand to curtail sales growth this year after price increases helped organic sales to jump 8.8% in 2022.
LVMH rejigs beauty division, names Stephane Rinderknech CEO
LVMH on Monday named Stephane Rinderknech as chairman and CEO of its beauty division, rounding out a series of broader management changes at the owner of Guerlain and Parfums Christian Dior.
Big spenders drive West End recovery despite footfall lag
The West End of London is recovering fast at present, updated figures from the New West End Company (NWEC) showed on Wednesday, as high-spending tourists cancel out slower footfall.
Garnier Nutrisse taps Drew Barrymore as brand ambassador
The move is a continuation of Barrymore’s longstanding relationship with the cosmetics company.
EDF signs deals to help L'Oreal reach carbon neutrality targets by 2025
French power giant EDF said on Tuesday it signed two new electricity contracts with L'Oreal to help the France-based cosmetics maker achieve carbon neutrality for all its sites by 2025.
Unilever sells Suave North America to Yellow Wood Partners
Unilever announced on Tuesday the sale of its beauty and personal care brand Suave in North America to Yellow Wood Partners LLC. Financial terms of the agreement were not disclosed.
Unilever beauty ops perform well on price rises rather than volume growth
Unilever reported full-year 2022 results on Thursday with the consumer products giant saying it “carefully balanced price growth, volume and competitiveness to navigate through the high cost inflation environment”.
Unilever to build Mexico plant as part of $400 million investment
Unilever Plc will build a manufacturing plant in the northern Mexican border state Nuevo Leon as part of a $400 million investment in the country over the next three years, the company said on Tuesday.
Nearly 60 hair relaxer lawsuits against L'Oreal, others consolidated in Illinois federal court
Nearly 60 lawsuits claiming hair relaxer products sold by L'Oreal USA Inc and other companies cause cancer and other health problems will be consolidated in Chicago federal court, according to a Monday order.
Lipstick effect? These days hairstyling products are the barometer says THG
The much-discussed lipstick effect may have kicked in as consumers buy relatively affordable luxury beauty treats when times are tough, but this time lipstick itself isn’t the key product.
Hein Schumacher is new Unilever CEO
Global beauty and consumer products giant Unilever has announced its new CEO who’s set to take over from outgoing chief Alan Jope on 1 July. And his name? Step forward Hein Schumacher.