On December 23, L’Oréal Group has announced an agreement to acquire Gowoonsesang Cosmetics Co., Ltd., a subsidiary of Swiss retail group Migros, which includes the South Korean skincare brand Dr.G.
Beauty
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On December 10, Japan’s leading cosmetics company KOSÉ Corporation announced the acquisition of shares in PURI CO., LTD. (hereinafter referred to as “PURI”), the company behind Thailand’s renowned holistic wellness brand PAÑPURI.
On December 5, jewelry brand Swarovski announced signing a long-term beauty license agreement with Coty, one of the world’s leading beauty companies.
Fashion designer Jeremy Scott has collaborated with luxury skincare brand SpoiledChild to launch an innovative…
According to Reuters, major consumer goods companies such as Unilever and Procter & Gamble (P&G) are facing the threat of tariffs on Mexico under the incoming administration of U.S. President-elect Donald Trump.
On October 28, multiple media outlets reported that The Estée Lauder Companies intends to appoint Stéphane de La Faverie, the company’s Executive Group President, as its next CEO.
On October 4, Unilever announced that Mary Carmen Gasco-Buisson has been appointed as the new CEO of its Prestige Beauty division.
Bottega Veneta has unveiled a new fragrance collection crafted under the creative direction of Matthieu Blazy.
On September 30, The Estée Lauder Companies announced that Mark Loomis, Group President for North America, will retire at the end of fiscal year 2025 after 28 years with the company.
French biotech skincare brand, Orveda, has expanded into the U.S. market by opening its first flagship store, “La Maison Orveda New York,” in Manhattan’s Upper East Side in September 2024.