THE WHAT? Natura &Co has announced the launch of Fable Investments, a purpose-driven corporate investment vehicle designed to support high-growth, differentiated and innovative companies in the health and wellness space. THE DETAILS Fable’s inaugural investment will be in Perfumer H, a brand founded by British perfumer Lyn Harris. Its investment objectives are rooted in Natura…
THE WHAT? Malaysia will allow a number of industries to continue operations during its renewed lockdown, which commenced yesterday and will remain in place for two weeks, according to a report published by Reuters. THE DETAILS Personal care manufacturers were among the sectors greenlighted along with chemical products, PPE and health care. Palm oil plantations…
THE WHAT? LVMH has released further details of its share repurchase program, approved at its OGM at the end of May. THE DETAILS The French luxury conglomerate plans to buy back up to 10 percent of its share capital, which equates to 49,614,278 shares. The maximum price has been set at €950. The program has…
THE WHAT? Sisley Paris has opened its biggest spa to date at the W Doha Hotel & Residences, located in the Qatar capital’s West Bay area, according to a report published by the Gulf Times. THE DETAILS The new location is the French luxury brand’s first spa in the GCC region and offers a treatment…
THE WHAT? Ulta Beauty has announced financial results for the first quarter ended May 1, 2021. The US beauty retailer saw sales soar 65.9 percent versus the prior year period to hit US$1.9 billion, compared to US$1.2 billion in the year-ago quarter. THE DETAILS While in the equivalent period in 2020, the US was in…
THE WHAT? La Perla is set to relaunch its beauty line, according to a report published by WWD. The Italian lingerie brand called time on its licensing deal with Revlon last year, having launched its own beauty subsidiary in 2019 and the fruits of its labor are poised to hit shelves this summer. THE DETAILS…
