MILAN – L Catterton’s shopping spree in Italy is not over. Following the announcement of the potential deal with Tod’s earlier this year, the private equity fund backed by LVMH Moët Hennessy Louis Vuitton has targeted beauty powerhouse Kiko Milano. After months of speculation, L Catterton said Friday it has acquired a majority stake in the company. Financial … Read more
Wholesome, nature-infused images used on shampoo, shower gel and cream labels might make you think you’re doing a meaningful thing for the environment, but don’t be taken in by appearances. Inviting images don’t necessarily mean a genuine commitment to good ecology, and may simply play on associations to steer a product into your shopping basket. … Read more
The growing presence of Artificial Intelligence will inherently revolutionise the beauty sector. The development of technology in the beauty industry, currently worth more than £35 billion, has left a gap for technical products that are more accessible, sustainable and desirable. According to Dr Sophie Shotter, Cosmetic Doctor and Industry Trainer for Allergan Aesthetics, AI has … Read more
It’s a store you know by scent. For decades, the sometimes-overwhelming aroma of The Body Shop’s satsuma soaps and coconut body butters have wafted through mall concourses, as much a staple to the culture as the food court. The U.K.-based beauty and cosmetics shop has more than 3,000 retail locations in 70 countries, including 110 standalone … Read more
In the Global Wellness Institute’s latest Global Wellness Economy Monitor report, now in its fifth edition, researchers at the organization said the wellness economy reached a global total of $5.6 trillion in 2022 with a compounded annual growth rate of 12.1 percent. The sectors include spas, thermal/mineral springs, wellness tourism, workplace wellness, wellness real estate, … Read more
