The French luxury giant is strengthening its LVMH Fashion Group division, whose CEO, Sidney Toledano, will be supported by Guillaume Motte, current president for Europe and the Middle East at Sephora, starting May 3.
US cosmetics brand Fresh, owned by luxury group LVMH, is keen to make Europe one of its key markets, and is staging a soft launch in nine European countries via the e-shop of perfumery chain Sephora, also owned by LVMH.
Swedish “buy now, pay later” company Klarna on Thursday reported a jump in transactions using its platform and in net operating income in 2020, helped by its expansion in the United States and other markets.
Now in its sixth year, the program's focus on founders of color comes as part of Sephora's increasing number of commitments to increasing BIPOC representation in prestige beauty and on Sephora shelves.
In 2020, in the midst of a health crisis, beauty and wellness brand Rituals will have inaugurated a 1,500 square metre flagship store and around 40 other stores. This strategy has enabled it to maintain modest growth.
Rihanna’s skincare label Fenty Skin is now available in Sephora, Boots and Harvey Nichols in select locations around the world as the line developed in partnership with LVMH’s Kendo Brands continues to grow.