The beauty giant unveiled its new growth strategy at an investor event on Friday, revealing plans to reposition brands in its consumer beauty and skincare portfolios, and accelerate growth in prestige, China and digital.
The professional beauty supplies seller announced on Friday that it has appointed Brenda Rutenber as group vice president of stores and promoted Maryann Herskowitz to group vice president of merchandising.
Hermès had a good first quarter as all of its business lines returned to growth and the company said it saw "a remarkable increase" in ready-to-wear and accessories, as well as watches and other categories.
According to a study from market research company Mintel, 63% of Americans are inspired by beauty brands that show diversity in advertising, highlighting the growing importance of inclusivity in the cosmetics industry.
Cosmetics specialist Warpaint London, the listed company that’s no relation to men’s make-up firm War Paint, said Tuesday that Q1 trading has continued the strength it saw in the second half of last year.