Australian sunscreen brand Ultra Violette to make North American debut in Canada

Australian sunscreen brand Ultra Violette is making its entry into the North American market with a debut in Canada, on April 14, at Sephora stores nationwide and online at sephora.ca. Australian sunscreen brand Ultra Violette to make North American debut in Canada. – Ultra Violette Upon its launch at Sephora Canada, Ultra Violette will introduce … Read more

L’Occitane divests its stake in cosmetics brand Grown Alchemist

Translated by Roberta HERRERA Published Apr 2, 2024 Two years after acquiring a stake in Grown Alchemist, L’Occitane Group, known for its portfolio including brands like L’Occitane en Provence, Melvita, and Sol de Janeiro, is divesting its majority stake in the Australian cosmetics brand founded in 2008 in Melbourne to private investors. Grown Alchemist – … Read more

WBA makes loss but Boots unit’s sales continue to rise

Walgreens Boots Alliance Q2 results were “in line with expectations”, the company said late last week. And while it was loss-making in the three months to February, there were positives in the figures, including its UK Boots operation continuing to outperform. Boots Looking first at the company-wide figures, sales rose 6.3% to $37.1 billion, despite the … Read more

LVMH-backed L Catterton to form consumer-focused JV in India with former HUL CEO

By Reuters Published Mar 28, 2024 U.S. private equity firm L Catterton said on Thursday it will form a joint venture in India with former Hindustan Unilever (HUL) CEO Sanjiv Mehta to develop a new investment vehicle targeting the country’s consumer market. LVMH-backed L Catterton to form consumer-focused JV in India with former HUL CEO … Read more

Saks Fifth Avenue flagship appraised at $3.6 billion as it renews Neiman push

By Bloomberg Published Mar 29, 2024 The owners of Saks Fifth Avenue are in talks to raise financing to bolster the cash portion of an offer to buy competitor Neiman Marcus, according to people familiar with the matter, moving two of America’s biggest high-end department stores closer to a deal after years of on-and-off courtship … Read more

Sephora announces the launch of its new eco-friendly labels

During Change Now, the international exhibition for ecological transition held at the Grand Palais Éphémère in Paris from March 25 to 27, Sephora announced the international launch of its two new labels focused on eco-responsibility: “Clean at Sephora” and “Planet Aware at Sephora”. Priya Venkatesh, Director of Merchandising at Sephora, Guillaume Motte, CEO of Sephora, … Read more

Allies of Skin raises $20 million for US expansion

Singapore-based skincare brand Allies of Skin has secured a $20 million investment from Meaningful Partners. Allies of Skin raises $20 million for US expansion. – Allies of Skin According to reports, the funds will go towards enhanced marketing strategies, intensified research and development efforts, and team infrastructure, particularly in the United States market. Founded by … Read more

Haus Labs By Lady Gaga expands across Europe at Sephora

Haus Labs By Lady Gaga announced on Tuesday its European expansion with Sephora across 12 new countries. Haus Labs By Lady Gaga expands across Europe at Sephora. – Haus Labs In particular, the beauty brand will be available in store and online across France, Italy, Spain, Portugal, Sweden, Denmark, and Germany. Additionally, online availability will … Read more

Sephora to withdraw from South Korea

Translated by Cassidy STEPHENS Published Mar 22, 2024 Sephora is continuing to rationalise its operations in Asia. After exiting the Taiwanese market last May, the LVMH group’s selective perfume chain is preparing to leave South Korea due to strong local competition.  Sephora Sephora South Korea has announced via social networks that it will be gradually … Read more

‘Sephora kids’: Tweens’ obsession with prestige skin care raises alarm bells – National

As children and young teenagers increasingly adopt the glamorous skin care routines of social media influencers in the so-called ‘Sephora kids’ trend, dermatologists are raising red flags about the potential harm lurking beneath the surface. The fad known as the ‘Sephora Kids’ has gained popularity on social media, featuring young girls and boys eagerly flocking … Read more