Procter & Gamble, maker of Ariel detergent and Gillette razors, reported an 8.3 percent fall in third-quarter profit, hurt partly by a slowdown in consumer spending in the United States and a stronger dollar.
Coty has fallen foul of the UK’s advertising watchdog with a high profile video ad for its Rimmel brand found to have used tricks to make Cara Delevingne’s lashes longer than they would be if she had just used mascara.
Burberry delivered a mix trading update on Wednesday morning. There were signs that the firm is getting back on the recovery trail as its new bags and outerwear are selling well, but also that there is still work to do.
Foster brings over 20 years of digital and e-commerce experience to Coty. He will oversee all three of Coty's divisions as Global SVP of E-commerce, and he will report to Chief Digital and Media Officer Jason Forbes.
The partnership will see the prestige beauty business work together with Jennifer Lopez to develop a new strategy to boost her fragrance business globally. The actress' fragrance franchise was previously handled by Coty.
After spending three years expanding in China, British luxury shoe-maker Jimmy Choo has set its sights on the Middle East and Korea where it has entered into major partnerships with local distributors, its chief execu...
It may not be a shock but Japanese beauty giant Shiseido said on Tuesday that it has decided to terminate its distribution agreements with Burberry. The news came a day after Burberry's mega-deal with Coty was announced.