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Type: News
Section: Brands & Products > News
Best World International, which owns an array of skin care brands like DR's Secret, plans to buy the entirety of Pedal Pulses' stock after purchasing a 49.9% stake for $24.6 million.
Best World International Plans to Acquire Pedal Pulses
Best World International, which owns an array of skin care brands like DR's Secret, plans to buy the entirety of Pedal Pulses' stock after purchasing a 49.9% stake for $24.6 million.
Apr 7th, 2020
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[Kline Data] Beauty Sales to See 'Steepest Decline' in 60+ Years
Kline previously forecasted the market to grow at a CAGR of 3.8% through 2023 but has since revised its predictions in the wake of the coronavirus pandemic.
Apr 3rd, 2020
Amazon has won a trademark battle against Coty over stocking Davidoff perfumes––­for which Coty holds the license in the EU––­for third-party sellers on its Amazon Marketplace platform.
Amazon Wins EU Trademark Battle Against Coty
Amazon has won a trademark battle against Coty over stocking Davidoff perfumes––­for which Coty holds the license in the EU––­for third-party sellers on its Amazon Marketplace platform.
Apr 3rd, 2020
The Hut Group has pledged to donate a £10 million aid package against the coronavirus. Aside from its financial donation, THG also pledged 70 rooms in its Manchester city center hotels for NHS staff and police.
The Hut Group Donates £10M of COVID-19 Aid
The Hut Group has pledged to donate a £10 million aid package against the coronavirus. Aside from its financial donation, THG also pledged 70 rooms in its Manchester city center hotels for NHS staff and police.
Apr 3rd, 2020
As Ulta Beauty stores remain temporarily closed due to COVID-19, e-commerce sales are still available and the company has given staff at its distribution centers a $2-per-hour wage premium.
[update] Ulta Offers Warehouse Staff $2 Hourly Raise During COVID-19
As Ulta Beauty stores remain temporarily closed due to COVID-19, e-commerce sales are still available and the company has given staff at its distribution centers a $2-per-hour wage premium.
Apr 2nd, 2020
Revlon shares fall more than 2% as the company prepares to lay off employees, cut costs and refinance its debt, in line with its previously announced restructuring plan.
Revlon Shares Fall More Than 2% Amid Restructuring Plans
Revlon shares fall more than 2% as the company prepares to lay off employees, cut costs and refinance its debt, in line with its previously announced restructuring plan.
Apr 2nd, 2020
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Lush Pauses Business Amid COVID-19 Outbreak
Online purchases are not currently available but the company's "digital spaces [will] provide Lush updates and entertainment for you during this uncertain time."
Apr 2nd, 2020
Shiseido is currently evaluating the coronavirus' impact on the company's 2020 financial outlook and plans to release a revised 2020 outlook before the end of the first quarter of the fiscal year.
Shiseido to Announce Revised 2020 Outlook By End of Q1
Shiseido is currently evaluating the coronavirus' impact on the company's 2020 financial outlook and plans to release a revised 2020 outlook before the end of the first quarter of the fiscal year.
Apr 2nd, 2020
The Perfume Shop has moved to temporarily pause e-commerce sales to allow its warehouse staff to stay home during the coronavirus outbreak. The company has also extended its returns policy through August 31, 2020.
The Perfume Shop Halts E-commerce Orders Due to COVID-19
The Perfume Shop has temporarily paused e-commerce sales, as well as extended its returns policy through August 31, 2020 for orders made after March 1, 2020.
Apr 2nd, 2020
As the COVID-19 pandemic pushed Macy's, Inc. to close all of its stores, sales solely from digital business is not generating enough revenue and the company moved to place the majority of its staff on furlough.
Macy's Furloughs Staff to Mitigate COVID-19 Financial Impact
As the COVID-19 pandemic pushed Macy's, Inc. to close all of its stores, sales solely from digital business is not generating enough revenue and the company moved to place the majority of its staff on furlough.
Mar 31st, 2020
L’Oréal has moved to postpone its Annual General Meeting until June 30, 2020. The company has also suspended its 2020 guidance, expecting its Q1 2020 revenue to see a decrease of at least 5%.
L’Oréal Postpones General Meeting, Suspends 2020 Guidance
L’Oréal has moved to postpone its Annual General Meeting until June 30, 2020. The company has also suspended its 2020 guidance, expecting its Q1 2020 revenue to see a decrease of at least 5%.
Mar 31st, 2020
e.l.f. Beauty anticipates category decline in fiscal 2021.
e.l.f. Beauty Reaffirms 2020 Results, Braces for Fiscal 2021
"While the Company is reaffirming net sales guidance for fiscal 2020, it’s seen a significant decline in retail sales over the last two weeks due to the impact of COVID-19 on consumer behavior."
Mar 31st, 2020
David Holl, chairman and CEO of Mary Kay Inc. and Kristi Sherrill Hoyl, chief policy and community officer at Baylor Scott & White Health.
Mary Kay Combats COVID-19, Donates Hand Sanitizer
Mary Kay is using its manufacturing capabilities to manufacture and distribute hand sanitizer. The company will donate the first batch to the nonprofit healthcare system, the Baylor Scott & White Dallas Foundation.
Mar 30th, 2020
L'Oreal is preserving 3,000 jobs in France.
L'Oreal to Honor Employment in France: Report
Salaries will also be honored in the country, which comprises 3,000 of 13,400 employees.
Mar 30th, 2020
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CHI Haircare Creates Hand Sanitizers for Coronavirus Relief
"It is our responsibility as Americans, business professionals and human beings to do everything we can to help with supplying America with vital products, equipment and supplies necessary to help fight this virus."
Mar 27th, 2020
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5 Cosmetic Giants Combating COVID-19
Companies like L’Oréal, Estée Lauder and Unilever are either producing products to help combat COVID-19 or donating back to the community.
Mar 27th, 2020
Naked Retail has launched four care packages available for purchase, each with assorted products: Immunity Check, For Her, For Him and the Ultimate Set.
Naked Retail Launches Care Package Sets as COVID-19 Closes Stores
Naked Retail has launched four care packages available for purchase, each with assorted products: Immunity Check, For Her, For Him and the Ultimate Set.
Mar 27th, 2020
Unilever is donating at least €50 million worth of soaps and sanitizers to the COVID Action Platform of the World Economic Forum, as well as providing product donations to support local communities.
Unilever Contributes €100M Against COVID-19 Pandemic
Unilever is donating at least €50 million worth of soaps and sanitizers to the COVID Action Platform of the World Economic Forum, as well as providing product donations to support local communities.
Mar 26th, 2020
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