THE DETAILS “This strategic collaboration reflects the breakthrough multidimensional approach that we’ve always believed is necessary to make meaningful advancements for longevity and health span,” said Patrick Aebischer, Co-Founder and Chairman of Timeline. “I want to thank L’Oréal for its commitment to longevity solutions rooted in the highest level of science.”

THE WHY? The investment will enable Timeline to further develop its technology and expand operations while enabling future collaboration with L’Oreal.  

Barbara Lavernos, Deputy Chief Executive Officer and in charge of Research, Innovation and Technology, L’Oréal Groupe. “Longevity is about living healthier for longer and L’Oréal has been working for more than a decade to understand and anticipate what this could mean for beauty. Longevity adds a new dimension to beauty, focused on predicting, correcting and even reversing the ageing of our skin, scalp and hair. Our investment in Timeline is exciting for its potential to transpose key hallmarks of longevity onto skin health and beauty.”

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THE DETAILS Varney joins from BlackRock where she held the role of VP of Corporate Communications, Private Market & Sustainable Investing, and has previous experience working in leadership and communications roles with Burberry, Kering and Escada. Venetia succeeds Anna Bartle who left the company earlier this year to pursue a new opportunity.

THE WHY? Sue Fox, President, ELC UK&I, explains, “With her breadth of experience across corporate affairs and communications, along with her depth of experience in the luxury market across both fashion and beauty, we are confident that Venetia will excel in her new role. During her 11-year tenure with ELC, Anna has had a great impact across our organisation, and also in our communities through our corporate philanthropic initiatives. I would like to thank Anna for her many contributions to our business, and I wish her all the best in her future endeavours.”

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THE DETAILS According to a report published by Bloomberg, potential measures include ‘guardrails’ that will flag suspicious products and sellers.

THE WHY? LVMH is hoping to defend its intellectual property while TikTok is hoping to build a reputation as a trusted marketplace, particularly in the US where is aims to grow its e-commerce operation 10-fold this year, Bloomberg reports.

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THE DETAILS Store sales recorded an increase of 7.1 percent while e-0commerce put on 10.7 percent yoy, proving that Douglas’ omnichannel strategy is paying off.

THE WHY? Sander van der Laan, CEO DOUGLAS Group, said: “I would like to thank all colleagues in the stores and behind our web-shops for their great job during this important quarter. Regardless the difficult economic circumstances, our customers are attracted by our comprehensive beauty offering and appreciate the broad omnichannel range of brands. Our peak season has been proven to be very successful. We are on track to achieve our ambition of 5 billion euros net sales in 2026.”

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THE DETAILS Bogart will lend Rose et Marius its expertise as a manufacturer, its integrated distribution network and the resources the handmade perfume brand needs to expand internationally.

THE WHY? After several strategic acquisitions in the retail sector, Bogart is pursuing its external growth strategy with the acquisition of a new brand in its original business of manufacturing perfumes and cosmetics.

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THE DETAILS Dr. Barbara Sturm’s brand specializes in anti-inflammatory skincare products and operates spas and boutiques in several major cities, such as London, New York, Miami, and Los Angeles. The brand has received celebrity endorsements, including from Kim Kardashian.

THE WHY?   This acquisition is part of Puig’s strategy to expand its presence in the premium skincare market and the U.S. market. It aligns with Puig’s broader goal of increasing its sales to 4.5 billion euros by 2025 and its consideration of a public stock offering as a means to attract new investors and expand its operations.

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THE DETAILS The acquisition chimes with L’Oreal’s sustainability commitments, which include a comprehensive and science-based approach to water management. The aim, says the French beauty giant, is to innovate and scale multiple applications of Gjosa’s technology for beauty.

THE WHY? Nicolas Hieronimus, Chief Executive Officer, L’Oréal Groupe, explains, “Acquiring Gjosa further strengthens our ability to build sustainability directly into our products and services, allowing us to seamlessly integrate water-conserving technology into new formulations and Beauty Tech innovations. Together, we can rapidly scale up sustainable beauty solutions with enhanced performance that are less resource intensive and introduce them to the wider beauty ecosystem.”

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THE DETAILS According to a report published by Fashion Network, quoting Retail Week as its source, a new boss will be announced ‘in due course’. Current owner Aurelius purchased The Body Shop from Natura &Co last year for £207 million.

THE WHY? The Body Shop said in a statement, per Retail Week, “Ian was a member of the former owner Natura &Co’s board when he stepped into the interim CEO role back in April 2023, tasked with transitioning The Body Shop to a more stable footing. In taking initial steps to turn around The Body Shop’s performance and steering the business through the sale process, he has achieved his goal. Now Aurelius is in place as the new owners, it is time to hand over leadership.”

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THE DETAILS Pulis set up his own brand content agency, RE7 following his departure from Dior and, according to a report published by Business of Fashion, is tasked with supporting Bader’s future growth.

THE WHY? Pulis has considerable form when it comes to Hollywood connections, having overseen the launch of Sauvage and on several of the film industry’s star-studded events. According to the Business of Fashion, this celebrity connection will help the doctor-backed skin care line spread the word far and wide.

The post Augustinus Bader hires ex-Dior Parfums Director to head up marketing appeared first on Global Cosmetics News.

THE DETAILS Dr. Vranjes Firenze, founded in 1983 by Dr. Paolo Vranjes, specializes in luxury home scents and has a presence in over 75 countries with 28 mono-brand stores and 650 points of sale. The L’Occitane Group, known for its sustainable beauty and wellness products, plans to integrate this brand into its premium beauty and fragrance portfolio.

THE WHY?  The acquisition is part of L’Occitane Group’s strategy to expand and diversify its range of premium beauty and fragrance brands globally. The transaction is expected to be completed by the end of the first quarter of 2024.

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