Cosmetics

Discussions around this year’s Black Friday sales reveal a clear trend: many consumers are steering clear of physical stores and opting for online shopping. Traditional US retail outlets reported just a slight 0.7% rise in sales, starkly contrasted by e-commerce’s […]

Cyber Monday 2024 hit an impressive milestone by the early evening, with shoppers already shelling out approximately US$8.7 billion by 6:30 pm. This year’s event is poised to surpass all previous records even before the peak shopping period begins. Key

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A Crucial Agreement Natura &Co, a leading player in the Brazilian cosmetics industry, has made a significant deal with the unsecured creditors of Avon Products Inc. This move is integral to Avon’s Chapter 11 bankruptcy process in the U.S. Background

Saudi-based online beauty retailer Nice One Beauty plans to generate 1.21 billion riyals, equivalent to US$322 million, from an IPO on the Riyadh stock market. Founded in 2016, Nice One has established itself as a prominent figure in Saudi Arabia’s

In a move set to transform the beauty industry, Rakuten Group, Inc. and L’Oréal Japan have revealed a groundbreaking collaboration focused on enhancing beauty experiences through AI technology and in-depth marketing insights. This alliance will capitalize on Rakuten’s extensive network

Announcement Nicola Kilner, who co-founded and currently leads Deciem, is set to resign as CEO by year-end. This decision follows the $1.7 billion acquisition of the company by The Estée Lauder Companies, completed five months ago. Background In 2013, Kilner

**e.l.f. Cosmetics’ New Campaign Inspires Through Beauty and Sports** **Introduction** With a dynamic spirit, e.l.f. Cosmetics has launched its latest campaign titled “eyes. lips. face. fandom.” Starring the vibrant personalities of Joey King and Lucien Laviscount, this initiative reaches across

**Overview** Unilever has announced the termination of 149 positions at their North Jersey head office. This action is part of a broader strategy, involving 7,500 job cuts worldwide. **Details** The company’s decision to streamline its operations and enhance profitability coincides

Bath & Body Works has announced a 3% increase in net sales for the third quarter of 2024, reaching a total of $1.6 billion. The earnings per diluted share for this period were $0.49, surpassing the anticipated figures. During the