
The US beauty group has promoted Umair Ansari to the post of VP and managing director of its European travel retail division, adding Europe to the Middle East and Africa regions he has been overseeing since 2019.
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The US beauty group has promoted Umair Ansari to the post of VP and managing director of its European travel retail division, adding Europe to the Middle East and Africa regions he has been overseeing since 2019.
French fashion house Chanel named Leena Nair, an executive from Unilever, as its new global CEO on Tuesday, picking a consumer goods veteran to run one of the world's biggest luxury goods groups.
Following a challenging year, Deloitte’s latest Global Powers of Luxury Goods report shows that the revenues generated by the world’s top 100 luxury companies dropped from $281 billion in 2019 to $252 billion in 2020.
As it continues to build out its presence in Asia-Pacific, the Canadian outerwear company has announced the appointment of luxury industry vet Paul Cadman as president of its business in the region.
Estée Lauder had some big executive announcements this week spanning its domestic US market and Asia/Pacific. But perhaps the most interesting part of the news was the fact that it’s “elevating” its Chinese market.
The New York-based beauty conglomerate announced on Tuesday that, after almost 25 years at the company, Chris Good, group president for North America, will be retiring effective June 30, 2022.
The Abnormal Beauty Company Deciem announced on Friday its strategic expansion into Mexico via a new partnership with historic retailer El Palacio de Hierro.
Retailers are launching holiday marketing campaigns to lure in-store shoppers as supply chain issues boost costs for consumers.
Coty forecast annual earnings largely above estimates on Monday, as the cosmetics maker benefits from cost cuts to ward off inflation impacts and a revival in demand for its products at airport duty-free stores.
The beauty group has published its 2021 sustainability report, revealing that it has achieved its aim for the use of PCR material in its packaging earlier than expected and now plans to bring the figure up to 25%.