Procter & Gamble Co reported fourth-quarter sales on Friday that beat analysts' estimates, but warned that rising commodity and freight costs would take a $1.9 billion bite out of its earnings this year.

​Hermès became the latest luxury group to announce a rebound on Friday as the upscale leather goods and fashion maker saw its sales soaring during Q2 and the first half as a whole.

​Skincare start-up Minimalist has raised $15 million (Rs 110 crore) in a Series A funding round led by Sequoia Capital India with participation from Unilever Ventures.

Maybelline owner L'Oreal on Thursday said sales growth had accelerated in the second quarter partly due to resurging make-up sales in the United States as Covid-19 lockdowns ease.

Selfridges is for sale with a formal auction process about to start. It hasn’t been announced by its owners, the Westons, but a news report said Credit Suisse will be canvassing prospective buyers “imminently”.

Guerlain, owned by the LVMH group, announced on Friday the appointment of French makeup artist and influencer Violette Serrat as creative director of makeup creation. 

​FMCG giant Unilever had a “strong” first half, it said on Thursday with underlying sales growth of 5.4% (4% by volume and 1.3% price) while price growth stepped up in Q2.

Entrepreneur and yoga guru Ramdev has announced that he has no plans for a Patanjali initial public offering this year but could take a decision on the matter by the end of the current 2022 financial year.

​India’s leading beauty and salon-at-home service providers Yes Madam has strengthened its presence with the expansion of its services in the city of Mumbai with the addition of new locations to its service list.

BigBasket plans to launch express online delivery, as fast as one hour in some areas, as the business expands its omni-channel services following its recent investment from Tata Digital.

As the second wave of Covid-19 and retail restrictions continued in June, the month saw retail sales drop by 50% compared to June 2019, with sports wear and goods taking a significant hit.

​Wow Skin Science has appointed Deepika Sabharwal Tewari as the chief brand officer to lead the brand’s strategy, digital content, communication, and product category.

Multi-brand beauty retailer Nykaa is adding new international labels to its recently launched ‘Nykaa Global Store’ including Natasha Moor, Suva Beauty, Circcell Skincare, and The Camel Soap Factory among others.

Archies, a company specialising in gift items and greetings cards, plans to enter the beauty and personal care segment and has partnered with around 45 brands for its new segment ‘Archies Beauty’. 

Ayurvedic health, beauty, and personal care brand Patanjali plans to begin working with celebrities to endorse its products for the first time to increase its reach.

​Etro is looking to future-proof its business and has revealed a “strategic partnership” with L Catterton Europe that it said will be the “start of a new phase of growth”