THE WHAT? Coty has announced that it has signed a long-term license agreement with Lena Gerke to develop, produce and distribute LaGer’s debut fragrance. The German television presenter and model’s scent is expected to launch in the DACH region this summer. THE DETAILS “This partnership with Coty marks another big step for the brand as we make our foray into the beauty space,” said Lena Gercke, LeGer CEO and Founder. “I am thrilled to be working with the industry leader, to develop a fragrance which is emblematic of the ethos that underpinned LeGer’s creation: the idea of being able to express ..read more

THE WHAT? Dior has unveiled its latest Spa, on the 29th floor of The Lana hotel in Dubai. Designed by Forster + Partners, with interior design by Gilles & Boissier, the space boasts far-reaching views over the Burj Khalifa and desert beyond. THE DETAILS The spa comprises five single cabins and one double suite, each with private lounge. The LVMH-owned brand has designed three signature treatments for the new space. THE WHY? Dior has been expanding its Spa portfolio, partnering with luxury travel operators and hotels across the world to open a variety of spaces, including on Belmond’s Royal ..read more

THE WHAT? Shiseido has unveiled its latest sun care campaign. The J-beauty brand’s Sun on the Run initiative features six athletes, collectively called the ‘Ultimate Sun Pros’, to demonstrate the attributes of its latest sunscreen launch: Ultimate Sun Protection Lotion SPF60+, which is designed to perform better as the wearer sweats. THE DETAILS According to a report published by the Business of Fashion, the athletes, which include pickleball player Anna Leigh Waters, golfer Lily He, climber Colin Duffy and breakdancer Victor Montalvo, will tour with the brand throughout the spring and summer ..read more

THE WHAT? Coty has announced its results for the third quarter of fiscal 2024. The US beauty manufacturer said its performance was in-line to ahead of expectations with strong above-market sales growth, reported and adjusted operating income growth and gross and operating margin expansion. THE DETAILS Indeed, in the three months to March 31, 2024, net revenues rose 8 percent on a reported basis (+10 percent LFL). Both the Prestige and Consumer units reported net revenue growth and revenue increased across all regions and in each of its Core categories, Coty said. THE WHY? Sue Nabi, Coty’s CEO ..read more

THE WHAT? Mary Kay has announced that its products will be sold in Denmark. With this launch, Mary Kay products are now available in all the Scandinavian and Nordic markets in partnership with Lesley Cosmetics, the direct sales brand’s authorized distributor in Scandinavia. THE DETAILS “I am confident that Danish women will embrace Mary Kay’s high-quality skin care and color cosmetics, and more importantly, the chance to achieve their entrepreneurial dreams without compromising their personal and family lives,” said Carl Henric Wallblom, CEO of Lesley Cosmetics. “Mary Kay’s visionary busi ..read more

THE WHAT? Kenvue has announced that it is set to reduce its global headcount by 4 percent as part of a wider efficiency plan. Restructuring costs have been pegged as US$275 million per year for the next two years.   THE DETAILS According to a report published by Bloomberg, the Johnson & Johnson spin off has some 22,000 employees. The company expects to reinvest a portion of the cost savings realized through the restructure. THE WHY? Chief Financial Officer, Paul Ruh told Bloomberg, “These initiatives will enable Kenvue to adjust its cost structure and ways of working.” The markets cle ..read more

THE WHAT? Will it be third time lucky for Johnson & Johnson in its attempt to settle multiple lawsuits that challenge the safety of its talc-based baby powder. The US health care manufacturer’s proposed US$6.475 billion settlement is said to be close to a resolution. THE DETAILS According to a report published by 7 New Boston, Johnson & Johnson subsidiary LTL Manage3ment has filed for bankruptcy for a third time, and will begin a three-month voting period in a bid to reach a settlement on all current and future talc cases. THE WHY? Johnson & Johnson is said to have gained the suppo ..read more

THE WHAT? Henkel has announced that, based on the ‘very good’ business performance in the year to date, it is raising the outlook for the current financial year. Organic sales growth is now expected to be between 2.5 percent and 4.5 percent (up from the previous 2 to 4 percent range). THE DETAILS The Consumer Brands unit is expected to grow in the range of 3 to 5 percent whole Adhesive Technologies will put on a more modest 2 to 4 percent. Henkel is predicting an Adjusted return on sales of 13 to 14 percent, up from its previous forecast of 12 to 13.5 percent.   THE WHY? Carsten Knobel, C ..read more

THE WHAT? Unilever has issued an apology after a foam discharge was mistakenly pumped into a brook near Liverpool. The incident has been reported to the Environmental Agency. THE DETAILS According to a report published by the BBC, the Local Democracy Reporting Service said that pH tests had been carried out and levels were within ‘expected limits’ in the water course in question. The drain has since been isolated and sealed to prevent reoccurance. THE WHY? The manufacturer of Dove said that the drain had been incorrectly diverted during works to deliver new project at the Port Sunlight facilit ..read more

THE WHAT? Godrej has reported its results for the final quarter of the 2024 financial year. The Indian consumer goods giant saw consolidated EBITDA rise 18 percent versus the same period in the prior year. THE DETAILS Sales rose 12 percent to ₹2,007 crore, with volume up 15 percent. Breaking that down by division, Home Care put on 6 percent while Personal Care grew 4 percent on the back of volume-led growth. THE WHY? Sudhir Sitapati, Managing Director and CEO, explains, “We delivered a strong performance for all four quarters in FY 2024, despite challenging conditions across markets. Our conso ..read more