THE WHAT? L Brands has revealed that it has settled a lawsuit centred on workplace misconduct and agreed to sweeping workplace reforms, according to a report published by Bloomberg. THE DETAILS As part of the agreement, the owner of Bath & Body Works will invest some US$90 million in diversity, equity and inclusion initiatives and…
THE WHAT? A year after attracting investment to the tune of €10 million, Planity has raised €30 million in a Series B funding round, according to a report published by WWD. THE DETAILS The French beauty appointment booking platform’s prior investors participated in the round, namely Credit Mutuel Innovation, BPI Digital Venture, Alven Capital and…
THE WHAT? Procter & Gamble has elected Jon R Moeller, Vice Chairman and COO, as its new President and CEO, effective November 1, 2021. THE DETAILS Moeller succeeds David Taylor, who on November 1, 2021, will become Procter & Gamble’s Executive Chairman, leading the Board of Directors and providing advice and counsel to the CEO…
THE WHAT? Flydubai has announced the launch of its new online shopping facility, according to a report published by Trade Arabia. THE DETAILS The eShop allows passengers to shop online prior to their flight, with the goods delivered to them onboard. THE WHY? Designed to replace the traditional duty-free trolley service, the service will provide…
THE WHAT? AmorePacific Group has reported a storming set of second-quarter results, according to a report published by Korea Joonang Daily, well above analyst expectations. THE DETAILS Net profit increased an impressive 2680.2 percent to KRW142.8 billion as the K-beauty behemoth bounced back from last year’s Covid-crash. Operating profit was up 188.5 percent to KRW104.6…
THE WHAT? L’Oréal-owned Garnier has launched its Whole Blends Shampoo Bars onto the US market. Formulated with less water than their liquid equivalent and zero plastic packaging, the launch forms part of the brand’s wider sustainability strategy. THE DETAILS Sold via Amazon, the range comprises Honey Treasures, Coco & Aloe, Oat Delicacy and Ginger Recovery….
