Hair Care and Styling
The Estée Lauder Companies and CDFG illuminate Hainan with ‘Stars of the Night’ campaign at cdf Sanya
Running until 30 June, the immersive experience brings to life The Estée Lauder Companies’ nighttime beauty rituals across skincare, makeup, fragrance and haircare.
Coty set to unveil “game-changing blockbusters” to stimulate key Prestige sector
“In the first half of fiscal 26 and the full fiscal 26, we are back to the fiscal 2023 and 2024 recipe of success, which is to put in place these game-changing blockbusters. It’s probably going to be the best type of innovations in the last five years,” pledges Coty CEO Sue Y. Nabi.
Laurent Marteau sets up advisory business Luxury & Laurent
Luxury & Laurent will advise luxury and beauty sector brands, company boards, retailers, private equity funds, distributors and agencies.
How Olivier Dubos plans to reignite The Estée Lauder Companies’ travel retail business
The Estée Lauder Companies Senior Vice President and General Manager, Travel Retail Worldwide Olivier Dubos talks consumer-centricity, experiential retail and ‘Beauty Reimagined’ in his first interview since assuming the leadership role last December.
North Asia travel retail, soft China and market uncertainty spurs Q3 declines for Coty
Coty’s lower year-on-year net revenues in Mainland China and the regional travel retail channel continued to be impacted by the challenging market dynamics, which were partially offset by double-digit percentage growth in Asia, excluding China.
Mette Engell named Coty Senior Vice President, Global Travel Retail as Guilhem Souche departs
The highly regarded Mette Engell is charged with elevating the travel retail experience for beauty lovers. She replaces the much-respected Guilhem Souche.
Q3 travel retail down -28% for The Estée Lauder Companies as internal share slips to low teens
President and Chief Executive Officer Stéphane de la Faverie says, “Travel retail declined -28% organically [in Q3], and it continues to shrink as a percentage of our business towards the low teens.” Worse is to come in Q4, he adds but lower base comparisons and a “strategic reset” underway will help in fiscal 26.
Travel retail ‘strategic reset’ well underway as The Estée Lauder Companies improves in Q3
While travel retail’s struggles in the key North Asia markets of South Korea and Mainland China (particularly Hainan) continued to drag, US beauty powerhouse The Estée Lauder Companies today (1 May) posted a better than anticipated Q3 showing, with reported net sales down -10% year-on-year (-9% organic) to US$3.6 billion.
L’OCCITANE Group appoints Adriana Nicolae as General Manager APAC Travel Retail
Adriana Nicolae brings over two decades of experience in travel retail and brand management to the role.
Solid in the Storm – L’Oréal posts +4.4% first-quarter sales growth in “challenging and volatile” environment
While China performed “slightly better than expected” conditions remained challenging in North Asian travel retail, where sales continued to decline.
On Location: Rituals unveils travel retail’s first Mind Oasis at Amsterdam Airport Schiphol
Rituals’ debut Mind Oasis, located in its new flagship in Lounge 1, represents ‘the next chapter’ for the brand’s mission of offering travellers moments of wellbeing in busy airports.
The Estée Lauder Companies to face lawsuit over China daigou issues
Shareholders in the action said The Estée Lauder Companies became dependent in China on the reseller trade after the COVID-19 pandemic began, particularly in Hainan province.
