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Cosmetics

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P&G says it will not announce advertising decisions as Facebook ad boycott grows

P&G says it will not announce advertising decisions as Facebook ad boycott grows

Procter & Gamble said Wednesday that it will not make any announcements about its activities on advertising platforms, in response to the growing advertising boycott against Facebook.
Beauty
Naomi Campbell sees Black Lives Matter altering fashion and beauty industries

Naomi Campbell sees Black Lives Matter altering fashion and beauty industries

Worldwide protests about the treatment of Black people will alter the global fashion and beauty industries by creating job opportunities and products catering for a broader range of consumers, the model said.
Beauty
'Glow' to replace 'whitening' in some L'Oreal skin products

'Glow' to replace 'whitening' in some L'Oreal skin products

L'Oreal will gradually replace "white" or "fair" with "glow" or "even" for some products designed to help even out skin tones, the cosmetic group's chief executive said on Tuesday.
Beauty
L'Oreal to nominate CEO successor, drawn internally, by autumn

L'Oreal to nominate CEO successor, drawn internally, by autumn

L'Oreal 's Chairman and Chief Executive Jean-Paul Agon said on Tuesday he expected the cosmetic group's nominations committee to propose a candidate to succeed him by the autumn as his mandate expires.
Beauty
LVMH reduces 2019 dividend by 20%, as sales plummet 15% in first quarter 2020

LVMH reduces 2019 dividend by 20%, as sales plummet 15% in first quarter 2020

"Expect a slow recovery from the pandemic in 2020", warned Bernard Arnault, chairman and CEO of LVMH, whose giant group on Tuesday morning announced a 20% reduction dividend in 2019.
Fashion
Coty to buy 20% stake in Kim Kardashian West's $1 billion beauty line

Coty to buy 20% stake in Kim Kardashian West's $1 billion beauty line

Coty Inc will buy a 20% stake in reality TV star Kim Kardashian West's makeup brand KKW for $200 million, the cosmetics maker said on Monday, sending its shares up 17%.
Beauty
Speculation mounts over £5bn Hut Group stock market debut

Speculation mounts over £5bn Hut Group stock market debut

There’s speculation that fast-expanding beauty giant The Hut Group (THG) is mulling a stock market flotation. A report at the weekend said that it has been lining up meetings with some big-name investors.
Beauty
Unilever to stop U.S. advertising on Facebook, Twitter for rest of year

Unilever to stop U.S. advertising on Facebook, Twitter for rest of year

Unilever said on Friday it will stop advertising on Facebook, Instagram and Twitter in the United States for the rest of the year, citing "divisiveness and hate speech during this polarized election period in the U.S."
Beauty
L'Oreal to drop words such as 'whitening' from skin products

L'Oreal to drop words such as 'whitening' from skin products

L’Oreal, the world’s biggest cosmetics company, will remove words referencing “white”, “fair” and “light” from its skin-evening products, a spokeswoman said on Friday. 
Beauty
L'Oreal sees beauty consumers returning post-lockdown

L'Oreal sees beauty consumers returning post-lockdown

Purchases of cosmetics have picked up strongly again, particularly in China, as some countries exit coronavirus shutdowns that forced hair salons and retailers to close, L'Oreal Chief Executive Jean-Paul Agon said.
Beauty
Plastic packaging to get the chop at Garnier maker L'Oreal

Plastic packaging to get the chop at Garnier maker L'Oreal

L'Oreal aims to cut out non-recycled plastic packaging by 2030 and bring in greener products like solid shampoo bars under its flagship Garnier brand as it steps up an environmental push, it said on Thursday.
Beauty
April shutdown to June flowering? Rise in U.S. foot traffic competes with virus upswing

April shutdown to June flowering? Rise in U.S. foot traffic competes with virus upswing

Americans ventured back to restaurants, beauty salons and other socially dense activities in June that hinted at an economic rebound but may also be contributing to a new viral surge.
Beauty
Unilever's 'Fair & Lovely' to get makeover after backlash

Unilever's 'Fair & Lovely' to get makeover after backlash

Unilever will drop the word “fair” from its “Fair & Lovely” skin lightening products, it said on Thursday, in the latest makeover of a brand in response to a global backlash against racial prejudice.
Beauty
Instagram partners with Sephora for digital beauty storefront

Instagram partners with Sephora for digital beauty storefront

Featuring over 80 brands including Drunk Elephant, Milk Makeup and Supergoop, the digital storefront allows users to purchase products directly from their Instagram feed or stories using Instagram checkout.
Beauty
Estée Lauder announces brand leadership reshuffle

Estée Lauder announces brand leadership reshuffle

The New York-based cosmetics company announced on Wednesday that Jane Hertzmak Hudis, John Demsey and Stéphane de La Faverie have all gained new responsibilities as part of an organizational restructure.
Beauty
World Duty Free owner Dufry cuts jobs as travel retail takes huge pandemic hit

World Duty Free owner Dufry cuts jobs as travel retail takes huge pandemic hit

Swiss travel retail giant Dufry AG on Wednesday launched a restructuring programme designed to cut its staff costs as it works to protect its business following the effects of the coronavirus outbreak globally.
Fashion