THE WHAT? Dolce & Gabbana is set to launch a new and exclusive non-fungible token (NFT) collection in collaboration with luxury digital marketplace UNXD, powered by the Polygon Network, according to a report by Crypto Daily. THE DETAILS Named Collezione Genesi (Genesis Collection), it focuses on Venician artistic traditions and will showcase at upcoming fashion shows Alta…
THE WHAT? Personal care giant Johnson & Johnson is reportedly exploring plans to offload the liabilities from its ongoing baby powder litigation into a new business, which would then declare bankruptcy, according to a report by Reuters. THE DETAILS Seven people associated with the matter told the paper that, during settlement discussions, J&J’s attorney claimed the company…
THE WHAT? U.S.-based streaming service Netflix is set to open its first bricks & mortar store in the first half of 2022, located in Tokyo. THE DETAILS The store, managed directly by the company, will recreate scenes from shows and films, with related goods sold alongside. A re-created set from the series The Naked Director, featuring Takayuki…
THE WHAT? Skincare company Youth To The People has expanded its leadership team, appointing Tiffany Plater as the company’s first Senior Vice President of Marketing and Armine Charkhchyan as the first Senior Vice President of Operations and Product Development, effective immediately. THE DETAILS Plater joins the company having had experience at brands Lancôme Paris, L’Oréal Paris, Mixa…
THE WHAT? The former President of Coty’s Professional Beauty Unit, Sylvie Moreau has been named President for Europe and the Middle East at Sephora, according to a report published by WWD. THE DETAILS Moreau’s appointment is effective September 13; she will take over from Guillaume Motte, who took on the new role of Deputy CEO…
THE WHAT? Revolution Beauty has commenced trading on AIM. The cosmetics brand placed 69 million shares priced at 160p each, according to a report published by Proactive Investors. THE DETAILS Shares of the mass market beauty label hit a low of 150p, and were trading at 151p at 0800GMT on Monday, valuing the company at…
