Swiss travel retail giant Dufry AG on Wednesday launched a restructuring programme designed to cut its staff costs as it works to protect its business following the effects of the coronavirus outbreak globally.

Moncler said on Thursday it had signed an agreement with France's Interparfums to start selling perfumes, as it seeks to diversify its brand and lessen the impact of the coronvirus crisis on the luxury goods sector.

Masaba Gupta’s fashion and lifestyle brand House of Masaba has launched its first ever fragrance in collaboration with multi-brand beauty retailer Nykaa.

Cosmetics maker Coty Inc said on Monday it has appointed Chairman Peter Harf as the chief executive officer of the company, its fourth in as many years, as it tries to turn around its business.

Richemont mixed good news with bad on Friday as it delivered its full-year results, with the giant luxury group reporting resurgent demand in China on the reopening of its stores, but also a profits plunge.

Coty Inc said on Monday it would sell a majority stake in its hair and nail care brands, including Wella and OPI, to U.S. buyout firm KKR & Co Inc for $3 billion(2.

Revlon is reportedly launching a refinancing plan thanks to a $1.8 billion debt package from lenders, according to a source with knowledge of the deal. 

The olfactory wardrobe of the Yves Saint Laurent Beauty Le Vestiaire des Parfums collection has been extended to include two new fragrances inspired by iconic fashion pieces by the great French couturier.

The first quarter consumer goods giant Unilever’s business holding up as the company sells many of the essentials that consumers have been buying in still-open stores. 

L'Oréal announced on Monday that it predicts a year-over-year decrease of around 5% in its first-quarter sales due to the ongoing Covid-19 pandemic. The company also withdrew its annual financial guidance. 

​ITC Ltd has converted its perfume plant in Himachal Pradesh to produce sanitizers under its personal care brand Savlon to help the country fight the Covid-19 pandemic.

Multi-brand beauty retailer Nykaa has indefinitely postponed its first ever ‘Nykaaland’ beauty festival, due to public health concerns over the coronavirus. 

Multi-brand beauty retailer Nykaa opened one of its ‘On Trend’ stores for popular products in Chennai’s Forum Vijaya Mall on March 4, featuring brands including Burberry, Smashbox, and Huda Beauty, among others.

The Delhi High Court ruled to stay the National Anti-Profiteering Authority’s prior decision directing personal care brand Johnson & Johnson to pay Rs 230 crore ($31.14 million) as a penalty for alleged profiteering.

Multi-brand, omni-channel beauty retailer Nykaa will hold a makeup masterclass with makeup artist Shalini Chopra at Chennai’s Forum Vijaya Mall on March 5 to promote a range of international beauty brands in the city.

2019 was a good year for Hermès and the firm remains upbeat, despite a small slowdown in Q4 and the recent coronavirus outbreak. It saw strong performances in RTW, jewellery, Asia, the Americas and the UK.