Quarterly sales growth at the big consumer goods makers was driven almost entirely by shifting more goods, in a stark illustration of how hard it is for these giants to raise prices in a competitive retail environment.
The Anglo-Dutch consumer giant and maker of Dove beauty products revealed on Thursday that its Q1 sales fell compared to last year, announcing a $7.4 billion buy-back scheme ahead of the spin-off of its spreads division.
CVS Pharmacy, the retail division of CVS Health, has launched its "Beauty in Real Life" campaign, featuring unaltered images in line with the new standards for beauty imagery announced by the retailer back in January.
The prospects are looking grim for House of Fraser with news that the struggling retailer has called in advisors to look at its restructuring options, which means store closures could be on the horizon.
Target is zoning in on diversity when it comes to the beauty aisles.The retailer has introduced eight new cosmetics brands to its beauty section, all owned by women, and designed for medium to dark skin tones.
Sales dropped and profits headed downwards fast in the first half for Debenhams, but its international ops were stronger and its revamp strategy is showing early good results, although there's still a lot of work to do.
The cosmetics company poached the CFO of Embraer SA on Tuesday, reinforcing its more global profile and draining senior talent from the planemaker in tie-up talks with Boeing Co, according to securities filings.
The rumours have been swirling around her for some time and now she's confirmed what everybody expected. Natalie Massenet is launching a venture capital firm to invest in e-commerce with Glossier among its first deals.
Swiss fragrance and flavours company Givaudan has begun recycling Haitian vetiver roots now used to make oil for fragrances to produce a new cosmetic substance it said can reduce wrinkles and help scents linger longer.