2019 was a good year for Hermès and the firm remains upbeat, despite a small slowdown in Q4 and the recent coronavirus outbreak. It saw strong performances in RTW, jewellery, Asia, the Americas and the UK.
Claudia Marcocci, former SVP of Coty's Gucci Beauty, is taking over as brand general director of Parfums Christian Dior, succeeding Véronique Courtois, who stepped down from the role to lead Guerlain in November 2019.
Brand Architekts, the group behind skincare and grooming brands including Super Facialist and Dirty Works, has tapped former Coty marketing director Quentin Higham to be its next chief executive officer.
Another day, another major trade show is postponed or cancelled. This time it’s Cosmoprof Worldwide Bologna, the world’s premier cosmetics industry show that takes place in the Italian city every year.
As it looks to expand its portfolio, cruelty-free Californian cosmetics company E.L.F. Beauty has made its first strategic extension, acquiring Austin, Texas-based clean beauty brand W3ll People for $27 million in cash.
TJ Hughes is ready to appoint administrators for its outlet business with a report at the weekend saying eight stores will be included in the filing. The represent a “small number” of its total stores across the UK.
Advent International, Bain Capital and Cinven are all reportedly candidates to take over the brands in Coty's professional beauty division, including Wella and OPI, as the company looks to stabilise its finances.