L'Oréal is teaming up with Facebook to bring augmented reality makeup experiences to the masses, joining forces with the social media platform via ModiFace, the AR company that it acquired earlier this year.
British women are spending more than ever on skincare, according to new research. A report from market research company Mintel has found that British women spent a whopping £1.15 billion on facial skincare in 2017.
French cosmetics giant L'Oreal said Wednesday it had acquired Germany's Logocos Naturkosmetik, a firm that offers vegan and organic beauty products, which it plans to offer more widely internationally.
Avon announced on Monday the appointment of Benedetto Conversano to the newly-created role of Chief Digital & Information Technology Officer. Heather Payne has also been appointed as Chief Technology Officer.
One Ocean, a clean beauty brand that has secured the first ever beauty company equity investment from The Lubrizol Corporation, a Berkshire Hathaway company, has launched with a sustainable wellness collection.
Global Japanese skincare brand Shiseido is on track to boost its piece of the makeup pie, with plans to introduce new beauty products in the coming weeks, ahead of its first re-entry into Sephora since 2009.
L'Oreal is still struggling to kickstart sales growth at its mass market unit that makes products like Garnier shampoo. Such challenges hit the company's shares on Friday even as its luxury brands posted strong revenues.
Avon has appointed former L'Oréal Paris GM Anna Chokina and promoted Elena Degtyareva as two new global VPs. The company also announced that Marco Brandolini has been named as GM of Italy and the Mediterranean.