THE WHAT? A Chinese appeal court has awarded L’Occitane damages of US$1.4 million (RMB9 million) and an injunction for trademark infringement and unfair competition, according to a report published by the National Law Review. THE DETAILS L’Occitane sued Zhejiang Junda Biotechnology Development Co and Guangzhou Ailian Cosmetics Co for selling Andorheal Fragrance Body Lotion in…
THE WHAT? Avon has launched a fragrance it is claiming to be the world’s first to use ‘upcycled vanilla extract’. THE DETAILS Far Away Beyond, as the scent has been named, is based on a vanilla note made from 100 percent upcycled vanilla beans, which would otherwise be discarded. The ‘exhausted’ vanilla beans are sustainably…
THE WHAT? BASF, LinkedIn, Natura and Visa are all set to take part in a program designed to promote the social inclusion of transgender people and transvestites in the workplace. SOMA, as the initiative is known, is based on the premise that ‘we are stronger together’ and comprises 10 weeks of training and professional development….
THE WHAT? Turkish e-commerce platform Hepsiburada has announced the closing of its US IPO of 65,251,000 ADSs, priced at US$12 per unit. THE DETAILS Chairwoman and Founder Hanzade Dogan-Boyner saw her stake hit a value of nearly US$1 billion as trading closed on Tuesday, per Forbes, taking her net worth to US$1.5 billion. Turkey’s answer…
THE WHAT? Chinese and foreign brands are becoming increasingly reliant on WeChat to reach shoppers, according to a report published by SCMP. THE DETAILS The direct messaging app is proving to be an important marketing tool, dubbed ‘private traffic’, helping to recruit new customers and maintain brand loyalty, SCMP says. Where brands would use email…
THE WHAT? US-based polymer manufacturer, Kraton is considering putting itself up for sale, according to a report published by Reuters. THE DETAILS Quoting sources ‘familiar with the matter’, Reuters said that the personal care ingredients supplier had hired JP Morgan Chase to advise on a potential deal. When contacted by Reuters, Kraton declined to comment…
