Cosmetics
Puig outpaces market with +7.6% revenue growth; appoints José Manuel Albesa as Deputy CEO
The Spanish beauty house highlighted solid growth across regions and categories, a strong rebound in profitability and the appointment of José Manuel Albesa as Deputy CEO to support the company’s long-term strategy.
“This partnership is anchored in consumer centricity – the driving force behind our Beauty Reimagined strategy,” says The Estée Lauder Companies SVP and GM, Travel Retail Worldwide Olivier Dubos.
The boutique, set for an October launch, is being celebrated with a seasonal Dioriviera pop-up at the airport, offering the Maison’s full portfolio spanning fragrance, makeup and skincare.
The Founders Inc Head of Global Sales Geonsik Shin shares the brand’s ambitions to expand at key hub airports as it uses data-driven insights to refine assortments by region.
The partnership with the esteemed beauty executive aims to drive the expansion of the French cosmetics group’s Panier des Sens and La Crique Beauty.
Under the agreement, both companies will support Kolmar Korea’s clients with guidance on accessing Lotte Duty Free stores and expanding global distribution.
The Brilliant Lady’s 511sq m of commercial space showcases an exclusive assortment of luxury and sustainably minded brands, integrated with experiential retail concepts.
The eye-catching shopping offer features first-at-sea exclusives within ten distinct shopping venues, which cover categories including fine watches, jewellery, perfumes, cosmetics and prestige spirits.
The Moodie Davitt Report offers unrivalled Chinese language coverage of key China-related stories, anchored by our dual WeChat platforms – our weekly Moodie Davitt Account and Moodie Davitt Report China Travel Retail Express, which publishes daily.
Davaillon will maintain his position as General Manager, overseeing a wider region from India to New Zealand, and steering growth in these fast-growing markets.
In a red-letter day – or to be more precise, a double red-letter day – Shinsegae Duty Free has become the world’s first travel retailer to introduce the famed Maison’s debut beauty collection to the channel.
SEKKISEI SAVE the BLUE brought local communities together to plant mangroves in Dongzhai Harbour and engage local Okinawa hotels in a coral preservation project with Sea Seed.
The monthly Jessica’s Secret Index for July covering wines & spirits, fragrances, makeup, skincare, confectionery, bags, watches and jewellery is particularly useful as a demand indicator.
