The company will now pledge to limit its contribution to global temperature rise to 1.5 degrees celsius (2.7 degrees fahrenheit) above pre-industrial levels and reaching net-zero emissions by no later than 2050.
The biggest beauty names are in a race to snap up the most dynamic brands globally and Anglo-Dutch consumer-products giant Unilever is one of the most active names, its latest big buy being J-Beauty brand Tatcha.
L’Oréal USA has named Megan Grant as the new president of its Luxe division, following the promotion of Xavier Vey to general manager of the Western Europe zone for the Luxe division, both effective July 1, 2019.
Brazil cosmetics company Natura intends to invest up to $5 million in new brands in beauty and wellness segments in Europe and the United States through venture capital funds, executives said on Friday.
Wembley Park’s London Designer Outlet (LDO) will see two major openings in the next few weeks with on-trend brand Champion set to open its first UK outlet store there while Beauty Outlet will also open a large shop.
The Brazilian cosmetics group announced on Friday that it has appointed Ian Bickley, ex-president for global business development and strategic alliances at Tapestry (formerly Coach) to its board of directors.