THE WHAT? The Carlyle Group has initiated the sale of Tokiwa Corp, a Japanese cosmetics supplier, with the potential deal valuing the company at US$800 million. Tokiwa, boasting a 75-year…
THE WHAT? Puig reported a 19% increase in sales, with the Rabanne label surpassing 1 billion euros in net sales, reflecting a growth trend in the luxury beauty market. The…
THE WHAT? The Body Shop is experiencing financial struggles in the US, Canada, and Australia due to its UK parent company’s recent collapse, leading to store closures and significant job…
THE WHAT? The European Parliament has reached a provisional agreement with the European Union Council to prevent the importation of products made with forced labor in to the bloc. THE…
THE WHAT? Marks & Spencer has announced a record £89 million investment in its retail pay and a further £5 million investment dedicated to enhancing its maternity, paternity and adoption…