India's biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own $6.5 billion consumer goods business to challenge foreign giants like Unilever.
Unilever’s Q1 results on Thursday saw the multinational fast-moving consumer goods firm turning in a strong sales rise, although that was down to price rises with volume sales actually dipping slightly.
Prestige haircare brand Living Proof has a new face. It’s British-American actor and producer Lily Collins, who joins the brand to celebrate the company’s “legacy of pioneering performance-defining products”.
Patricia Tranvouëz, who was appointed head of Etam in 2019, has announced her departure. She will become president of the Belgian aromatherapy group Inula, which owns brands such as Pranarôm and HerbalGem.
U.S. apparel major PVH Corp. announced on Monday it has temporarily ceased operations in Russia and Belarus, effective immediately, as a result of the war in Ukraine, joining other big name firms including L'Oreal.
UK start-up Provenance has secured €4.6 million in funding to tackle greenwashing via its transparency technology. The capital boost comes from investors across the “impact, consumer brand tech and Web3 ecosystems”.