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[ad_1] Translated by Cassidy STEPHENS Published Feb 12, 2024 L’Oréal continues to invest in the Chinese market. On the occasion of the presentation of its financial results for 2023, the global beauty giant announced that it had made a minority investment in the high-end Chinese perfume house To Summer. Parfum To Summer – DR The […]
Read More[ad_1] By Reuters API Published Feb 9, 2024 L’Oreal has signed a licensing agreement with high end fashion label Miu Miu for beauty products, the French cosmetics giant said on Friday. DR “Following the successful collaboration with the Prada brand, Miu Miu is now joining the L’Oréal Luxe division for a new beauty chapter,” the […]
Read More[ad_1] By Bloomberg Published Feb 9, 2024 Just over a year after China ended its Covid-Zero policy, the expected bounceback in spending on high-end consumer goods has failed to live up to expectations. See catwalkMiu Miu – Spring-Summer2024 – Womenswear – Paris – © Launchmetrics L’Oreal shares tumbled as much as 7.7% on Friday after […]
Read More[ad_1] By AFP Published Feb 9, 2024 French luxury giant Hermes posted on Friday record annual sales and net profit, with plans to reward all employees worldwide with a bonus following strong growth in every region last year. See catwalkHermes – Fall-Winter2024 – 2025 – Menswear – France – Paris – ©Launchmetrics/spotlight The group reported […]
Read More[ad_1] By Reuters API Published Feb 9, 2024 Cosmetics group L’Oreal reported a 6.9% rise in fourth quarter sales, slower growth than in the previous quarter, as its travel retail business continued to feel the pinch from changes in regulations of daigou resellers. L’Oreal The Paris-based group, which owns labels ranging from Lancome to Maybelline, […]
Read More[ad_1] On April 1, Alexandra Palt will be stepping down as executive director of corporate social responsibility at L’Oréal in order to “embark on a new personal chapter devoted to new projects,” says the global beauty giant in a press release. Ezgi Barcenas – LinkedIn An important figure at L’Oréal, Alexandra Palt joined the group […]
Read More[ad_1] L’Oréal announced on Wednesday the departure of Alexandra Palt from her role as chief corporate responsibility officer, effective April 1, citing a focus on “personal endeavors” for her exit. Alexandra Palt – Philippe Calandre pour L’Oréal Palt joined L’Oréal Groupe as chief sustainability officer in 2013 and was nominated to the executive committee as chief corporate […]
Read More[ad_1] Translated by Cassidy STEPHENS Published Feb 8, 2024 Global beauty giant L’Oréal has appointed Richard Pinabel as global brand president of Armani beauty, succeeding Véronique Gautier who has held the position since 2010. Since January 2022, Pinabel has been the global deputy general manager of Lancôme, a brand which, like Armani beauty, is part […]
Read More[ad_1] By Bloomberg Published Feb 6, 2024 The CEO of Estée Lauder Cos. defended his tenure at the helm of the beauty company and said his turnaround plan is already on the way to recovering lost profitability and generating more buzz about its brands. “I’m not going anywhere,” CEO Fabrizio Freda said in an interview […]
Read More[ad_1] By Reuters API Published Feb 6, 2024 Brazilian cosmetics maker Natura &Co said on Monday its board authorised management to study splitting its Avon brand outside Latin America, which could spawn a new listed firm managing the business outside the region. Avon The split, whose details Natura said is still being evaluated, would be […]
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