
Articles
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2 days ago |
theindustry.beauty | Sophie Smith
The company behind Gillette and Always has announced plans to cut up to 7,000 jobs over the next two years as part of a restructuring programme. US-based Procter & Gamble (P&G) unveiled the plans during a strategy update on Thursday. The multinational manufacturing giant said it would be reducing its current non-manufacturing workforce by about 15%. The 7,000 affected roles represent about 6% of its total workforce.
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2 days ago |
theindustry.beauty | Sophie Smith
L’Oréal is nearing a €1 billion deal to acquire British skincare brand Medik8, marking the latest step in its strategy to strengthen its portfolio of premium beauty brands. A deal for Medik8 is close to being signed and is expected to be announced in the coming days, according to The Financial Times. The acquisition would mark the latest in a series of strategic skincare deals by L’Oréal under CEO Nicolas Hieronimus.
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3 days ago |
theindustry.beauty | Sophie Smith
Building on the success of cult K-beauty favourites such as Beauty of Joseon, Anua, Medicube and Laneige, Boots has introduced four new brands to its line-up. VT Cosmetics, Purito, Dr Althea and Fwee have now launched online and in over 80 stores nationwide, bringing "the latest in Korean beauty innovation to UK beauty lovers".
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3 days ago |
theindustry.beauty | Sophie Smith
New data has revealed that texture plays a key role in suncare habits, with nearly 7 in 10 people (69%) saying it’s an important factor when choosing a product. It comes as 26% have avoided sunscreen due to disliking its texture, and 28% have skipped use altogether because of how it feels on their skin. The most off-putting textures reported were greasy (41%), sticky (38%), and those that leave residue (22%), according to new research from Nivea.
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4 days ago |
theindustry.fashion | Sophie Smith
Balenciaga has collaborated on a limited-edition collection with Britney Spears. For his last runway collection, Creative Director Demna Gvasalia has joined forces with the 43-year-old singer to create a capsule of clothing and accessories.
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