Cosmetics

ELC cuts executive salaries; donates millions in funds and products

The Estée Lauder Companies Inc. last week announced a number of initiatives it is undertaking in response to COVID-19 to support its employees, consumers, stock-holders and communities. These include actions to optimize its cost structure, in light of ongoing temporary store closures in many regions, and enhancing liquidity. Enhancing financial flexibility and liquidity As the Company […]

L’Occitane to embark on Plastic Odyssey journey that aims to recycle plastics into useful products

French luxury beauty brand L’Occitane has teamed up with Plastic Odyssey to support its three year sailing expedition to raise awareness of plastic pollution in the oceans. The 40,000 nautical mile journey will feature 33 stopovers on the most polluted coasts of Latin America, Asia and Africa, where the crew will demonstrate the economic value and […]

ELC travel retail executives Israel Assa and Javier Simon are promoted and join executive leadership team

The Estée Lauder Companies has announced the promotions of two key leaders within the Travel Retail business — Israel Assa and Javier Simon — reflecting the growing strategic importance of the channel to the company. Both Assa and Simon are familiar to the industry in the Americas, as they held senior positions in ELC’s travel […]

Luxury concepts propel Shiseido Group to outperform the markets in the Americas

  Beauty company Shiseido, which counts several high-end luxury brands within its fragrance and cosmetics portfolio, reports results that are well above market trends, particularly in the travel retail Americas channel. The Miami-based division of the giant Japanese company, which recently moved into its stunning new office space in the heart of Miami’s Brickell Avenue, […]

Rituals to unveil latest innovations and new travel retail furniture in Cannes

Rituals is returning to TFWA World Exhibition with a brand-new booth (Riviera Village, RC4), where it will present its latest innovations and new travel retail furniture. Specially created for travel retail, the furniture includes a new gondola, gifting fixture and Chinese cabinets. This new furniture will allow the brand to present an extended product assortment, […]