The brand general manager of Parfums Christian Dior is succeeding Laurent Boillot as head of Guerlain at the beginning of November. According to AFP, Boillot will take over at cognac brand Hennessy in 2020.
Alibaba Group Holding Ltd will buy e-commerce business Kaola from Chinese gaming company NetEase Inc for $2 billion, adding a platform that specializes in supplying luxury goods from abroad to Chinese consumers.
The Japanese makeup brand announced strong results for the second quarter of its financial year on August 8, continuing to be boosted in particular by its revenue from China and from airport retail outlets.
The cosmetics group has announced that Sejal Shah Miller has joined the company as senior vice president and global general manager of Smashbox, while Arnaud Goullin has been appointed to the same role at GlamGlow.