June 12, 2023

China’s Old-established Daily Chemical Company LONKEY Gives Up Daily Chemical Business

Chinese old-established cleaning products manufacturer LONKEY announced divesting its daily chemical business by assets exchange with its controlling shareholder Guangzhou Consumer Goods and Services Group Ltd. Recently, LONKEY announced a major asset swap plan in which it will dispose of its daily chemical assets and acquire park operation assets. According to the announcement, LONKEY plans …

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The Only Chinese Brand being Invited to Participate in the World’s Top Fashion Forum

Chinese beauty brand Florasis has been invited to the Business of Beauty Global Forum organized by The Business of Fashion, which made Florasis the first and only Chinese beauty to participate in the top global beauty forum since its inception. From left to right: Imran Amed, Founder and CEO of BOF, Renata Gomide, Marketing Vice …

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Clean Beauty Brand Beautycounter CEO Marc Rey Steps Down

Beautycounter, the California-based clean beauty brand, announced Marc Rey to Step down as the company’s CEO. The company did not offer a reason for his departure. The CEO of California-based clean beauty brand Beautycounter, Marc Rey, has resigned from his position, and the company has not disclosed the reason for his departure. The company is …

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LVMH-owned DFS Teams up with Ctrip and UnionPay Eyes on China Travel Retail Market

DFS, the LVMH-owned travel retailer, signed strategic partnerships with Ctrip Global Shopping and Unipay International. The partnership is aimed to focus on China travel retail market. DFS Group, the luxury travel retailer owned by LVMH, has announced that it has formed two strategic partnerships to expand its reach to Chinese customers who are resuming their …

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Image Skincare Appointed Sennen Pamich as the New CEO

Image Skincare, a worldwide skincare brand, announced that Sennen Pamich, who previously served as the president of Wella Company Americas, has been appointed as the company’s new CEO. Sennen Pamich Image Skincare recently announced that Sennen Pamich, who previously served as the president of Wella Company Americas, has been appointed as the company’s new CEO, …

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Revolution Beauty FY23 H1 Revenue Down 4.2% to $93.6 Million

Revolution Beauty, the London-listed beauty company, released its Interim results for FY23 H1. The company’s revenue reached £75.3 million ($93.6 million), down 4.2%. Operating Loss narrowed to £12.1 million ($15.04 million) from £23.7m ($ 29.46 million) in H1 22. Revolution Beauty, a beauty company listed in London, announced its interim report for the first half …

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Procter & Gamble Supplier Grascent to Seek IPO Again

Grascent submitted its prospectus, planning to list on the ChiNext board of the Shenzhen Stock Exchange. The company’s clients include well-known international fragrance and flavor companies and daily chemical giants such as Procter & Gamble, Givaudan, and Firmenich. Hangzhou Grascent Co., Ltd. (hereinafter referred to as Grascent) submitted its prospectus, planning to list on the …

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BASF Named Gisela Pinheiro Head of Personal Care Europe Business

BASF announced that the company has named Gisela Pinheiro as head of the business unit Personal Care Europe and as the new Managing Director of BASF Personal Care and Nutrition GmbH, effective June 1, 2023. BASF has announced that Gisela Pinheiro will take over as the head of the business unit Personal Care Europe and …

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Santa Maria Novella Partnered with one of the World’s Leading Luxury Department Stores

Santa Maria Novella, the Florence-based perfumery and cosmetics brand, has partnered with Harrods, one of London’s most iconic department stores, to strengthen its retail presence in London. Santa Maria Novella, the Florence-based perfumery and cosmetics brand, has partnered with Harrods, one of the world’s leading luxury department stores, to strengthen its retail presence in London. …

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