Firmenich has announced a joint investment in green packaging pioneer Loop, with the fragrance and flavours specialist having linked with sustainable investment firm Quadia to invest in Loop’s Series A equity round.
The fragrance company has announced record annual sales of $713.5 million for fiscal 2019, reporting particularly solid progress in its U.S.-based operations, where Guess, Abercrombie & Fitch and Hollister led gains.
The Shiseido group has announced that, from February 1, Vittorio Garavelli will be the new international business development director of Serge Lutens, the famous artistic perfumery brand owned by the Japanese giant.
As its turnaround plan continues, the NYC-based beauty conglomerate announced on Monday that it has appointed Kristin Blazewicz as its new chief legal officer, general counsel and secretary of the board of directors.
Very.co.uk is building its beauty offering with the launch of an additional 50 beauty and fragrance brands. The range will expand further throughout 2020 to include skincare, haircare, men’s products and baby products.
Ongoing underperformance at its Australian operations has led to the exit from his group post of Woolworths Holdings’ CEO Ian Moir, the South African company replacing him with an executive from Levi Strauss.
Perfumery retailer The Fragrance Shop said its Christmas trading was positive, boosted by its omnichannel positioning in a market that was tough. But its annual profits dropped due to the market’s discount frenzy.