L'Oreal is still struggling to kickstart sales growth at its mass market unit that makes products like Garnier shampoo. Such challenges hit the company's shares on Friday even as its luxury brands posted strong revenues.
Avon has appointed former L'Oréal Paris GM Anna Chokina and promoted Elena Degtyareva as two new global VPs. The company also announced that Marco Brandolini has been named as GM of Italy and the Mediterranean.
Chinese online group discounter Pinduoduo Inc priced its U.S. IPO at $19 per American depositary share (ADS), raising $1.63 billion in the second-biggest U.S. float by a Chinese firm this year, according to sources.
The founder of Fenty Beauty by Rihanna is releasing a special edition version of its ‘Killawatt Highlighter,' with proceeds set to help fund health and education worldwide via the star's own Clara Lionel Foundation.
The Pierre Fabre group recently named Núria Perez-Cullell as managing director of its dermo-cosmetic division. She succeeds Eric Ducournau, who has been promoted as the parent company's managing director.
Kim Kardashian is celebrating the summer with the launch of a brand-new makeup collection. Dubbed the 'Classic Collection by Kim Kardashian', the series is the latest drop from the reality TV star's KKW Beauty brand.
Press reports that Debenhams faces a virtual vote of no-confidence as a beauty service that it recently touted as one of its big new attractions seeks an exit strategy and a new investor have been denied by both firms.