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l'oreal

Puig appears to be leaning towards the Madrid Stock Exchange for its stock market debut

by David Johnson
Puig appears to be leaning towards the Madrid Stock Exchange for its stock market debut

Translated by Roberta HERRERA Published Feb 21, 2024 In its journey to the stock market, Puig, the luxury fashion and beauty group, has reportedly explored various options, including not only …

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A troubling scenario unfolding in France

by Lionel Rogers
A troubling scenario unfolding in France

Translated by Roberta HERRERA Published Feb 19, 2024 Following the UK’s declaration of insolvency for The Body Shop on February 13, the outlook for the British cosmetics brand in France, …

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OTB reports revenue of €1.9 billion in 2023

by Lionel Rogers
OTB reports revenue of €1.9 billion in 2023

Translated by Nicola Mira Published Feb 16, 2024 Italian fashion group OTB continues to grow. In 2023, it recorded a revenue of €1.9 billion, equivalent to a 7.2% increase (and …

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£6.49 product has become ‘a staple’ for Amazon shoppers and ‘gives skin a radiant glow’

by David Johnson
£6.49 product has become ‘a staple’ for Amazon shoppers and ‘gives skin a radiant glow’

Beauty fans have found a new destination for discovering favourite products, and the deals rival top beauty retailers. Amazon has fast become one of the cheapest and easiest places to …

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Once pioneering Body Shop UK collapses into administration

by Lionel Rogers
Once pioneering Body Shop UK collapses into administration

By Reuters API Published Feb 13, 2024 The British arm of the Body Shop has collapsed into administration, putting 2,000 jobs at risk at the one-time pioneering ethical cosmetics retailer. …

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L’Oréal invests in Chinese fragrance brand To Summer

by Lionel Rogers
L’Oréal invests in Chinese fragrance brand To Summer

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 …

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Grapple and HERO founder becomes THG Ingenuity chairman

by Lionel Rogers
Grapple and HERO founder becomes THG Ingenuity chairman

THG’s commerce arm Ingenuity has appointed technology and payments entrepreneur Alistair Crane as its chairman. He joins to “support plans to accelerate growth in core markets including the US”, the …

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New Body Shop owner ‘plans administration of UK chain’

by Lionel Rogers
New Body Shop owner ‘plans administration of UK chain’

​Aurelius has only owned The Body Shop for a few weeks but it’s reportedly lining up administrators for the UK retail arm of the business, which means store closures and …

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Hermes celebrates record profit with staff bonuses

by Lionel Rogers
Hermes celebrates record profit with staff bonuses

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 …

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China’s tepid rebound has left luxury shops relying on US demand

by David Johnson
China’s tepid rebound has left luxury shops relying on US demand

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 …

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