Business & Financial

L’Occitane unveils start-up studio, Obratori

L’Occitane unveils start-up studio, Obratori

By Simon Pitman

The France-based brand owner says that the launch aims to promote an entrepreneurial spirit to promote the start-up of new and innovative cosmetic and personal care brands.

Nestlé mulls divestment of Skin Health division

Nestlé mulls divestment of Skin Health division

By Simon Pitman

The Switzerland-based food and beverage giant has announced that as part of its strategic focus on wellness, it is considering the option to divest its Skin Health division.

Coming soon on Tmall: Boots makes first move into China

Coming soon on Tmall: Boots makes first move into China

By Amanda Lim

No.7, Soap & Glory and more will soon be available to Chinese consumers as Walgreens Boots Alliance (WBA) and the Alibaba Group unveiled the official flagship of Boots on cross-border e-commerce platform Tmall Global.

Avon cuts back US operations

Avon cuts back US operations

By Deanna Utroske

The direct-sales beauty, personal care, and wellness company announced plans this week to streamline operations in New York State. Avon is closing offices and reducing staff, all in an effort to “fuel growth,” according to company executives.

Latest business and financial updates from around the world

Latest business and financial updates from around the world

By Lucy Whitehouse

From beauty’s part in the so-called ‘trade wars’ between the US and other major global markets, to Mibelle’s ambitious Asia expansion plans, we round up some of the defining recent business and financial updates across the supply chain.

Unilever simplifies its business structure: set to become one legal entity

Unilever simplifies its business structure

By Lucy Whitehouse

Unilever has announced the how it intends to carry out its planned transformation into a ‘simpler, more agile and more focused business’.

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