Avon has appointed former L'Oréal Paris GM Anna Chokina and promoted Elena Degtyareva as two new global VPs. The company also announced that Marco Brandolini has been named as GM of Italy and the Mediterranean.
Chinese online group discounter Pinduoduo Inc priced its U.S. IPO at $19 per American depositary share (ADS), raising $1.63 billion in the second-biggest U.S. float by a Chinese firm this year, according to sources.
Gwyneth Paltrow's wellness brand has announced its decision to hire a fact-checker, after being criticised for unproven health claims. The position will be part of a larger team dedicated to fact verification.
The founder of Fenty Beauty by Rihanna is releasing a special edition version of its ‘Killawatt Highlighter,' with proceeds set to help fund health and education worldwide via the star's own Clara Lionel Foundation.
The Pierre Fabre group recently named Núria Perez-Cullell as managing director of its dermo-cosmetic division. She succeeds Eric Ducournau, who has been promoted as the parent company's managing director.
On August 16, H&M will launch a line of 25 perfumes, created in collaboration with two Givaudan perfumers: Nisrine Grillié, a fresh company talent, and Olivier Pescheux, a recognised name in the perfume world.
A casualty of Hammerson's change of direction (as well as the weak market for bricks and mortar stores) is the mall giant's plan for a massive expansion at Brent Cross that has now been indefinitely deferred.