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Bill Gates-funded US skincare brand Biossance enters India

Biossance has launched in the country with 14 products and as a launch offer, customers will get a travel-sized squalene with Vitamin C Rose Oil worth Rs 2,920 with every purchase New Delhi: Berkeley-based Bill Gates funded skincare brand Biossance has...

LVMH to sponsor Paris 2024 Olympic and Paralympics Games

Paris 2024 will take place from 26 July to 11 August and August 28 to 8 September next year and it is expected to draw 10,500 Olympic athletes  New Delhi: Luxury retail giant LVMH has become a premium partner of...

Selena Gomez to bring her brand Rare Beauty to India this June

From 15 June, 12am onwards, Rare Beauty will be exclusively available at Sephora in India across channels New Delhi: Pop star Selena Gomez will launch her brand Rare Beauty in India on 15 June, Gomez announced on Instagram through Rare Beauty’s...

LVMH Fashion Group to get a new CEO: Reports

According to media reports, a new chief executive officer is being considered by Louis Vuitton Fashion Group New Delhi: According to a new report by online fashion publication Miss Tweed, LVMH Fashion Group is considering bringing in a new CEO...

Sephora names Guillaume Motte its next CEO

Motte joins Sephora as the beauty retailer moves aggressively into Kohl’s stores By Cara Salpini New Delhi: Guillaume Motte is named as the new CEO of Sephora, parent company LVMH said in a LinkedIn post last week. According to Sephora, the...

COVID-19 lockdown opens new markets for luxury industry

The COVID-19 pandemic has dramatically changed the retail industry almost overnight. As per recent reports by Bain & Co., and McKinsey, major luxury companies have swivelled focus to address urgent public health needs. Factories that were producing scarfs and...

6 key revival strategies for luxury industry post COVID-19

Luxury consumption is driven by feelings, emotions, self-identity and social status. These motivations will never wane or fade. However, the beliefs and values that shape what people consume and how they consume is undergoing drastic changes. With the outbreak...

'COVID-19 accelerates the need for greater technology integration into retailing'

During this lockdown and post-lockdown period, the future for businesses looks uncertain as COVID-19 has no solution yet to counter its infection. The only thing continuing is social distancing norms and general precautions against the pandemic that is making...

LVMH to make hand sanitizers to fight coronavirus

The French luxury group LVMH said Sunday that it would begin producing sanitising hand gel at three of its perfume and cosmetics sites in France, for distribution to French hospitals fighting the country's coronavirus outbreak. “Given the risk of a...

LVMH to acquire Tiffany for US$ 16.2 billion

Leading luxury group LVMH Moët Hennessy Louis Vuitton (LVMH) that owns brands like Dior and TAG Heuer has entered into a definitive agreement with global luxury jeweller Tiffany to acquire it for US$ 135 per share in cash. The agreement...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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