THE WHAT? Natura has raised $1 billion for what is said to be the first Latin American sustainability bond. THE DETAILS The parent company for The Body Shop, Aesop and Avon announced that the international funding process had been completed, with the bond having a seven year term, maturing on 3 May, 2028. Carried out by its…
THE WHAT? Procter & Gamble has launched a three-day virtual innovation festival, named iLab 2021, in partnership with the Singapore Economic Development Board (EDB). THE DETAILS The festival brings together start-ups from Singapore and across the region, which will then collaborate with P&G to help create innovations to overcome challenges in the fields of advertising, retail and…
THE WHAT? Walgreen’s Co-Chief Operating Officer Alex Gourlay is set to leave his post, effective 17th May, according to a report by Bloomberg.com. THE DETAILS Ornella Barra will take on the role of Chief Operating Officer International, with Gourlay acting as a senior advisor to the company’s new CEO Rosalind Brewer until year end. According to a regulatory…
THE WHAT? Unilever has thrown its support behind South African Athlete Caster Semenya, who was banned from defending her 800-metre gold medal at this year’s Olympic Games in Tokyo, as part of a campaign for its Lux brand. THE DETAILS Having been prohibited from competing due to a genetic condition known as hyperandrogenism, which means she produces…
THE WHAT? Procter & Gamble-owned SK-II has launched its first ‘Social Retail’ pop-up store, located in the Haitang Bay Duty Free Shopping Centre, Hainan, China. THE DETAILS The pop-up store is said to be inspired by the brand’s #ChangeDestiny tagline as well as the VS six-part animated anthology series by SK-II Studio, which focuses on social pressures…
THE WHAT? Tennis star Naomi Osaka has announced the launch of her new skincare brand KINLÒ, which is targeted towards people of colour. THE DETAILS The range, which is set to launch in Fall 2021 and retails for under $20, will start with five products – a tinted face lotion with SPF 40, tinted face lotion with…
