WGSN and Euromonitor have tried to decipher the new consumption modes emerging in the aftermath of the Covid-19 crisis, outlining the profiles of consumers who are both global and local, wary and optimistic.
German conglomerate Henkel and U.S. buyout fund KKR are reportedly holding off bidding for a portfolio of beauty brands that Coty Inc is trying to sell as they fret over the fallout of the coronavirus pandemic.
Jewellery is a booming, sought-after sector, as shown by LVMH’s recent bid for Tiffany & Co. FashionNetwork looks into the advantages and potential of an industry still little-known and underexploited by luxury groups.
Procter & Gamble quarterly revenue and adjusted profit beat Wall Street expectations on Tuesday, as organic sales in its beauty business rose 8%, boosted by demand for its premium SK-II brand and Olay skin care products.
Saks Fifth Avenue has opened one of the largest luxury men's shoe destinations in the country, as part of the continued 'grand renovation' of its New York City flagship, at 611 Fifth Avenue at 50th Street.
Johnson & Johnson’s baby shampoo samples failed quality tests conducted by the northwestern Indian state of Rajasthan, according to the state’s drugs watchdog, findings that were rejected by the U.S. drugmaker.