The transaction is reportedly the first acquisition move by Kering Group since the creation of its beauty division. On June 26, the parent company of Gucci, Kering Group, released a statement saying it had acquired the entire stake in fragrance brand Creed from funds held by long-term private equity BlackRock and Javier Ferrán. While the …
With the Acquisition of Creed, Kering Group Up the Ante of Beauty Read More »
Vegan, cruelty-free color cosmetics brand Half Magic announces the closing of the new investment round led by Alliance Consumer Growth. Half Magic, the Vegan and cruelty-free color cosmetics brand, announced the completion of its investment round led by Alliance Consumer Growth (ACG), a leading consumer investor. The new investment round also saw participation from A24, …
Vegan and Cruelty-free Color Cosmetics Brand Half Magic Secured a New Investment Round Read More »
GS Caltex, a South Korean energy and chemical company, has recently signed a memorandum of understanding (MOU) with L’Oréal Group to develop and supply biomaterials-based cosmetic ingredients. Recently, South Korean GS Caltex signed a memorandum of understanding (MOU) with L’Oréal Group, regarding the development and supply of bio-based cosmetic ingredients. GS Caltex is a South …
South Korean GS Caltex Partnered with L’Oréal to Develop New Cosmetic Ingredients Read More »
L’Oréal has appointed Liliahn Majeed as the Chief Diversity, Equity, and Inclusion Officer for North America. Majeed will be reporting to David Greenberg, the CEO, of L’Oréal USA and President, of North America Zone. L’Oréal has named Liliahn Majeed as the new Chief Diversity, Equity, and Inclusion Officer for North America. Majeed will be reporting …
L’Oréal Appointed Liliahn Majeed as the NA Chief Diversity, Equity & Inclusion Officer Read More »
Walgreens Boots Alliance reported a sales growth of 8.6% to $35.4 billion in FY23 Q3 with an operating loss of $0.5 billion in the reported period. On 27 Jun, Walgreens Boots Alliance released its FY23 Q3 results. The company reported sales of $35.4 billion with an increase of 8.6% and up 8.9% on a constant …
Walgreens Boots Alliance FY23 Q3 Sales UP 8.6% to $35.4 Billion Read More »
Insights into Chinese Beauty Industry
