Several major beauty brands and retailers have suspended operations in Russia amidst the ongoing Ukraine conflict – action that aligns with widespread consumer sentiment and the increasing difficulties of doing business in the country, according to one...
French luxury fashion house Chanel has co-developed a biobased bottle cap for one of its perfume collections with Finnish startup Sulapac, made from a blend of renewable materials including wood chips.
Her predecessor left the executive vice president position in December of last year. Now the long-time Chanel finance leader is set to take control of the company’s skin care, color cosmetics, and fragrance business in the States.
Despite Chanel’s vast portfolio of luxury goods, it’s the brand’s investment in the cosmetics sector that is coming up trumps, currently accounting for 55% of its annual revenue.
The trend for cosmetic products containing fruit and veg extracts
is reaching new heights in the beauty industry, with many more
manufacturers tapping in and creating cosmetic ranges to suit.
Karl Lagerfeld, known for his work with upmarket Chanel, has
designed a new unisex fragrance for poplular Swedish retailer
H&M - a move that has provided some surprise.