Executive leaders from Rituals, L’Oréal, Colgate-Palmolive, LMVH and Weleda discuss how industry can truly advance sustainably and how critical consumer education will be for driving true change in this space, as well as wider health and wellbeing shifts.
BIG BRAND TALKS – IN CONVERSATION WITH TODAY’S BEAUTY LEADERS
Beauty must hasten sustainability action in the face of current biodiversity and climate crises, and collaboration will be a critical way forward along with focus on regenerative agriculture, says the chief sustainability officer at LVMH’s Parfums Christian...
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
Executives from Henkel, L’Oréal, LVMH, Natura &Co and Unilever say co-developing an industry-wide environmental impact assessment system is critical for the sustainable future of cosmetics.
Henkel, L’Oréal, LVMH, Natura &Co and Unilever are forming a global beauty consortium to co-develop an industry-wide environmental impact assessment and scoring system for cosmetics.
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.
The company is grouping related brands to gain a larger presence in the market; and this week announced it has hired an LVMH veteran as president of its new Beauty Prestige Group.
A strong performance from cosmetics and fragrances, as well as retail division Sephora, helped buoy group sales that have been hit by poorer sales in the domestic market, France.
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.
After raising over US$15 million in funding from investors, Singapore-based e-commerce platform, Luxola has been snapped up by global luxury goods corporation, LVMH.
With the US said to be bouncing back from the recession of late, certain consumers appear to be spending more freely again, particularly in the area of luxury cosmetics.
France-based luxury goods maker LVMH has reported a rise in sales for the first nine months of the year, underlining a strong performance in every business segment, including perfumes and fragrances.
Cosmetics Design presents it latest round up of the movers and shakers in the cosmetics industry, including appointments at Bell, LVMH and Unicep Packaging.
LVMH Moët Hennessy Louis Vuitton has posted strong growth for its first quarter although it’s Perfume and Cosmetics business did not post as much growth as other business units.
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.
Global luxury group LVMH has announced the appointment Christopher de Lapuente as global president and CEO of fragrance retailer Sephora, effective at the end of March.
LVMH Moet Hennessy Louis Vuitton has acquired botanical skin care company Ole Henriksen, in a move that will se the further development of the brand worldwide.
L’Oréal, LVMH, Marionnaud and Nocibé are all required to pay fines for previous price fixing in the fragrance domain, after their appeal was refused by a French court.
HBA Global has announced that Pamela Baxter, president and CEO, LVMH perfumes & cosmetics for North America, will deliver the Keynote Address at this year’s event.
Specialty retail stores such as Sephora and Ulta are becoming more popular with consumers of luxury beauty and cosmetics products, according to a new report from Unity Marketing.
LVMH reported better than expected results, with Christian Dior fragrance doing well and robust sales in China making up for weakness in other business areas.
The perfume and cosmetics division of luxury goods player Moët Hennessey Louis Vuitton (LVMH) suffered sales losses in the first half of 2009 but stood up better than its wines and spirits segment.
Although the premium and luxury personal care market has been hard hit during the economic downturn, market researchers predict it will bounce back by 2011.
LVMH Moët Hennessey Louis Vuitton has recorded a strong first half of the year suggesting the luxury industry still holds promise despite the struggling economy.
Cosmetics and fragrance packaging specialist QSLD Paris has opened
up its second affiliate in Geneva, in a move that aims to grow its
presence on a global basis.
Cosmetics giant L'Oreal has reportedly challenged eBay, in five
European countries, for failing to combat the sale of counterfeit
goods through its internet auction website.
Upmarket beauty player Clarins has received a €500,000 fine from
the French Conseil de la Concurrence (Competition Council) after
being found guilty of price-fixing between 1997 and 2007.
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.
Luxury cosmetics and fragrances are continuing to provide some of
the biggest sales growth in the industry, as the latest quarterly
results from France-based LVMH Moet Hennessy Louis Vuitton reveal.
Benefit Cosmetics, a subsidiary of luxury group LVMH Moet Hennessy
Louis Vuitton, has signed a deal with Amazon to sell its cosmetics
products online in the US and UK markets.
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...
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...
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...