Due to the pandemic, L’Occitane has had to restructure. But thanks to e-tail and China, the multinational beauty group has proven resilient, and hopes this dark period will foster more responsible business practices.
Chanel expects to be riding high again this year after a tough 2020, with sales forecast to rise in double-digits. That’s according to the company’s CFO on Tuesday after it released its pandemic-hit 2020 figures.
Beauty and personal care brand Pilgrim has raised Rs 13 crore ($1.95 million) in a Series A funding round, which it plans to use for enhancing its research and development capabilities among other expansion.
Personal care brand Patanjali has again caused controversy with the Indian Medical Association accusing the firm's founder, Ramdev, of defaming scientific medicine in a recent video. The business has denied the claims.
Natura & Co, the Brazil-based owner of The Body Shop, Avon and Aesop, said it saw another quarter of double-digit revenue growth in Q1, easily beating the wider global Cosmetics, Fragrance, and Toiletries market.