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Cosmetics

Sephora aims to open 100 new stores per year

French cosmetics chain Sephora aims to open some 100 new stores per year for the next 5 years. That way, it hopes to achieve its ambition of a 10 % average turnover increase.

Chanel sells cosmetics brand Bourjois to Coty

French luxury group Chanel will sell its cosmetics brand Bourjois to perfume manufacturer Coty in return for 4.2 % of the American company's shares. In total, Chanel will get 15 million shares, which means Bourjois is valued at 190 million euro.

Largest Lush store on Oxford Street

Cosmetics firm Lush has rented an 880 sqm store on Oxford Street (London) and it will become Lush's largest store in its 20-year history.

Liz Bennett no longer with Lush

It has been revealed that Liz Bennett, co-founder of Lush, had left the company in May. She pulled out of the company that has become known for its hand-made cosmetics.

Worst quarter ever for Elizabeth Arden

American cosmetics group Elizabeth Arden has finally found a new investor, which was needed after a record dive in turnover in its last quarter. In the past quarter, it has to deal with a 145 million dollar loss.

Another excellent year for cosmetics giant Estée Lauder

American cosmetics giant Estée Lauder has had another excellent year, with both net profit and turnover going up. Its fourth quarter broke every record, its New York main office said.

Ecover changes product design

Belgian Ecover has changed the design of its entire product range to improve visibility and to create more turnover with environmentally conscious consumers.

Beiersdorf turnover growth in first half of 2014

Beiersdorf, the company which owns Nivea among others, managed a 5 % turnover growth in the first half of 2014 with its largest growth in Africa, Asia and Australia.

Pour Vous expands through DA's

Perfume chain Pour Vous will expand through 5 former DA stores after it has struck a deal with its 5 different owners.

L'Oréal fails to reach expectations

Cosmetics firm L'Oréal has not reached analysts' expectations in the second quarter of 2014, mainly because of a lower demand in the United States.

Several DA stores have become D.I.O. stores

Drugstore chain D.I.O. has expanded its reach with another 7 stores, all former DA Retail stores. DA Retail is currently embroiled in a discussion with several franchisees.

DA and group of franchisees clash

Drugstore chain DA is currently clashing with a part of its franchisees over how its new company concept should be implemented. Several franchisees apparently already cancelled their agreement.

L'Oréal buys NYX Cosmetics

French cosmetics company L'Oréal has acquired American NYX Cosmectics, one of the world's fastest growing brands for make-up artists. It will become the 29th big brand in the French arsenal.

HEMA: "We are not in receivership"

HEMA is not in receivership, the department store chain has stated in a press release. It refutes the claims made by Financieele Dagblad, which had stated that several banks and Lion Capital took control.

HEMA placed in receivership

HEMA has been placed in receivership, with its British owner Lion Capital and the banks that had lent it money as its curators.

Sephora reveals augmented reality mirror

Make-up retailer Sephora has developed a mirror that can put on make-up through augmented reality, so that customers can try make-up without having to put it on.

Erotica company targets Muslims

German erotica company Beate Uhse has struck a deal with El Asira, a cosmetics company from Amsterdam, to conquer Muslim countries. CEO Serge van der Hooft gives himself 6 months to conquer "an enormous growth market".

Woman from Liege creates mobile beauty parlor

Jessica Doucet, from Liege, has taken the idea of a food truck and transformed it into a mobile beauty parlor, in order to visit the client instead of having them come to the store.

Marie-Stella-Maris launches web shop

Water brand Marie-Stella-Maris has launched a beauty product web shop and has also started selling directly to consumers.