THE WHAT? AmorePacific is set to pull its Innisfree brand from the North American market, and has begun shuttering stores in the region. THE DETAILS Having launched into North America in 2017, the Korean beauty brand will close all stores going forward, and has already closed four stores in Canada. North American consumers can still purchase the…
THE WHAT? Harry’s Inc has partnered with Ashley Graham, with the model to create and sell a line of body hair removal kits, according to a report by Bloomberg. THE DETAILS The kits will be sold under the shaving company’s Flamingo label for women, with Harry’s and Graham sharing the profits of the venture. Graham will be…
THE WHAT? U.S. retailer Macy’s has announced it is to invest $235 million into its flagship Herald Square location and the surrounding neighbourhood, in a bid to assist the recovery of New York. THE DETAILS The plan will aid the accessibility to the Herald Square station as well as the local neighbourhood, with Macy’s building a commercial…
THE WHAT? The Estée Lauder Companies has announced the appointment of Meridith Webster into the newly-created role of Executive Vice President, Global Communications and Public Affairs, effective 17th May, 2021. THE DETAILS Reporting to William P. Lauder, Executive Chairman, and Fabrizio Freda, President and Chief Executive Officer, Website will also join the company’s Executive Leadership Team. Webster will…
THE WHAT? Revlon has reported a Q1 2021 net sales drop of 1.8 percent, falling to $445 million from $453 million year on year. The beauty company also reported the renaming and expansion of its restructuring plan to the Revlon Global Growth Accelerator (RGGA). THE DETAILS The company has announced new initiatives under the expanded program, which…
THE WHAT? Shiseido has entered into a Joint Venture (JV) with professional services company Accenture in a bid to accelerate its digital transformation. THE DETAILS Named Shiseido Interactive Beauty, the JV will include around 250 digital, information technology (IT) and other skilled resources from both Shiseido and Accenture. Accenture will provide training to aid the venture’s employees in…
