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.
LVMH has appointed Chris de Lapuente as its new Chairman and CEO of the luxury conglomerate’s Selective Retailing Division, making him one of the most powerful executives within the giant French luxury conglomerate.
LVMH has announced plans to enhance its commitment to the campaign to prevent violence against women. The luxury group revealed it will donate funds to cover 1,000 hotel nights for the non-profit “Fondation des Femmes."
Recovering sales of Louis Vuitton handbags helped LVMH contain the fallout from the coronavirus crisis in the third quarter, as the world's biggest luxury goods group reported a smaller-than-expected drop in revenues.