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...
HENKEL, L’OREAL, LVMH, NATURA &CO AND UNILEVER EXECUTIVES WEIGH IN
Nearly 1 year ago, Eastman introduced a new portfolio of beauty packaging materials made with a percentage of plastic that had gone through the company’s molecular recycling process. Now LVMH is putting a luxury lip product from Dior on the shelf in Eastman...
The beauty brand incubator, owned by LVMH, bought remaining stake and ownership of Kat Von D Beauty at the start of the year, renamed the brand, and is now launching new product and a new marketing campaign.
Wednesday evening at the Harmonie Club in New York City, four prestige fragrance, skin care, and color cosmetics brand leaders discussed the state of luxury beauty today and how they plan to continue growing the business units they oversee.
Friday at the Waldorf Astoria in New York City, Cosmetic Executive Women hosted its 40th annual Achiever Awards luncheon, recognizing the accomplishments of executives, and giving special awards for lifetime achievement, fragrance innovation and corporate...
The announcement of the hiring of former Apple executive, Ian Rogers, as LVMH’s new head of digital confirms the luxury goods multinational is rising to meet the promise of e-retailing in the luxury sector.
France-based luxury goods company LVMH has made several acquisitions in 2011 that will enhance its cosmetics and perfumes business segment, which generated sales of €3.1bn in 2010, an increase of 9 per cent.
Luxury French brand LVMH Moët Hennessy Louis Vuitton, has recorded
6 per cent sales growth in its first half, boosted significantly by
fragrance sales within its fragrance and cosmetics division, but
despit this profit figures fail...
The UK Companies Investigation Branch of the Insolvency Service has
launched a full investigation into five companies that are
allegedly operating fraudulent fragrance vending machines and
selling them to business franchises - resulting...
Sephora, the fragrance and cosmetic retail arm of France-based LVMH
Moet Hennessy Louis Vuitton, has announced a new partnership with
Monopoly to launch a beauty based board game, targeting the
profitable holiday period.
A continued and growing recognition of the LVMH Moët Hennessy Louis
Vuitton brands has helped the group to put in another strong
quarter, with sales of its major French cosmetic and fragrance
brands also making a mark.
The counterfeiting of high-end cosmetics and fragrances in China is
big business and it is hitting luxury goods makers hard. But they
are now fighting back harder too, and if a recent lawsuit involving
Louis Vuitton Moet Hennessy...
A record financial year for LVMH Moet Hennessy Louis Vuitton, is
supported by a strong performance from the company's cosmetics and
fragrance operations, boosted by the Dior brand as well as an
increasing market share for its...
L'Oreal says it is considering making a cash offer for British
cosmetics and toiletries retailer Body Shop, as it aims to broaden
its existing business portfolio in an effort to maintain its
unbroken sales growth record.
YSL Beauté - part of Italian luxury-goods firm Gucci Group - has
reported a drop in sales for the fourth quarter of 2003. As the
Gucci Group records its best ever quarterly revenue results, Beauté
stands out as the division struggling...
Moët Hennessy Louis Vuitton (LVMH) - the world's leading luxury
products group - has achieved a 9 per cent increase in annual
operating income despite the difficult economic environment of
2003. The US company's perfumes...
The popular Sephora cosmetics chain, owned by luxury goods
powerhouse LVMH Moët Hennessy Louis Vuitton, is searching for
stores in Canada as it looks at taking on domestic department
stores that currently dominate cosmetics retailing.