THE WHAT? The winner of Big Brother Brazil 2021, Juliette Freire has been named the new face for Natura &Co’s Avon. THE DETAILS The reality television star will appear in a series of campaigns for the direct sales brand, the first of which debuted on Tuesday, May 18, after she demonstrated her skills as a…
THE WHAT? JD.com has announced its results for the first quarter of fiscal 2021. The Chinese e-commerce behemoth saw net revenue soar 39 percent versus the prior year period, to RMB203.2 billion. THE DETAILS Net service revenues are playing an increasing role in the company’s growth, JD.com said, rising an impressive 73.1 percent from the…
THE WHAT? Oatly Group announced the pricing of its initial public offering on May 19, 2021, with trading commencing the following day. Some 84.376,000 American Depositary Shares were offered at US$17 a-piece. THE DETAILS The vegan food and drink maker saw shares climb 18 percent on its debut, closing at US$20.20 on Thursday in New…
THE WHAT? Shiseido Americas has announced the appointment of Vincent Ferrato as Chief Financial Officer, effective July 1, 2021. THE DETAILS Ferrato, who currently holds the role of EVP of Finance, Americas Region, will step into the shoes of Ron Gee, who was named as President and CEO of Shiseido Americas last week. As CFO,…
THE WHAT? A host of beauty brands have signed up to take part in the debut of Facebook’s Live Shopping Friday concept, including Bobbi Brown, Sephora, Clinique and Dermalogica. THE DETAILS The brands will be showcasing throughout the event series, which begins on 22nd May and runs every Friday until mid-July. Facebook will also be featuring fashion brands,…
THE WHAT? The Estée Lauder Companies (ELC) has completed the first phase of increasing its ownership in The Ordinary parent company, Deciem. THE DETAILS Following the completion of the first phase, ELC now owns 76 percent of the company, up from 29 percent. It has agreed to buy out the final share after three years, with the…
