THE WHAT? L’Oréal has announced the creation of a new Europe Zone, which will be led by Vianney Derville, who is currently President of L’Oréal Western Europe Zone. THE DETAILS The new zone, which starts on 1 July, replaces the structure of Eastern Europe and Western Europe, which were run separately, and follows the retirement of Alexandre…
THE WHAT? Harrods is continuing to roll out its standalone H Beauty concept, with three more stores opening in the next 12 months in Edinburgh, Scotland, and Newcastle, England, according to a report by WWD.com. THE DETAILS The luxury retailer already has two stores outside of London in Essex and Milton Keynes, with the new rollout slated…
THE WHAT? Avon has announced the appointment of Frances Largeman-Roth as its new Nutrition and Wellness Brand Ambassador. THE DETAILS Largeman-Roth, who was the Food and Nutrition Director at Health magazine for eight years and a best-selling author, will front Avon’s new re:tune Inner Beauty collection, which consists of supplements that deliver nutritional support to maintain a…
THE WHAT? Global investment firm KKR has acquired a controlling stake in Indian beauty company Vini Cosmetics in an investment deal worth US$625 million. THE DETAILS Co-Founders Darshan Patel, Chairman & Joint-Managing Director, and Dipam Patel, Joint-Managing Director – alongside Sequoia Capital – will continue to hold a ‘significant’ stake in the company, and is set to…
THE WHAT? Natura &Co, parent company of Aesop, Avon, Natura and The Body Shop, has given its first annual progress report on its Commitment to Life 2030 sustainability vision, which launched last year. THE DETAILS Talking via a livestream with world leading experts, Natura &Co discussed topics such as the climate crisis and protecting the Amazon, the…
THE WHAT? Procter & Gamble has opened a new Product Supply Innovation Center (PSIC), which will serve as the hub for collaboration with a network of local suppliers, tech companies, R&D institutions and top universities, developing global, scalable and modular solutions to decarbonize its supply chain. THE DETAILS The US FMCG giant is aiming to…
