After having stopped operations in Panama in 2016, MAC has opened a new store in Panama's Albrook Mall and plans to expand retail operations in the country with Central American distribution partner, Saint Honoré.
French beauty products giant L'Oreal said Tuesday it has a signed a contract to sell The Body Shop, which it has owned for over a decade, to Brazil's Natura Cosmeticos for one billion euros ($1.1 billion).
Debenhams' trading update paints a picture of a market that's tough and a turnaround plan that's still a work in progress. Sales have slowed recently, even online, but a beauty focus and its new Preen offer look strong.
Physical stores remain key to UK prestige beauty sales with rising turnover and more initiatives to engage customers face to face. But online growth is exploding, according to new data from research firm NPD Group.
Venture capital firm Next Coast Venture led the funding round that included participation from former Ralph Lauren and Tory Burch executive Roger Farah. The new investment raises Phlur's total funding to $6 million.
Sears Canada Inc said on Thursday it obtained court protection against creditors to proceed with a restructuring that will include store closures and layoffs as it seeks to recover from years of declining sales.