A judge has said Citigroup is not entitled to recoup half a billion dollars of its own money that it mistakenly wired lenders of Revlon, in what he called "a banking error of perhaps unprecedented nature and magnitude."
It took the pandemic to shift all sales operations online. So clothing, lifestyle and accessories retailer Skinnydip London introduced automated merchandising and A/B testing technology to boost its digital operations.
Milton Keynes can breath a sigh of relief. Any doubts that Harrods may pull out of plans to open a beauty store in the Buckinghamshire town, or further delay its arrival due to the Covid pandemic, are unfounded.
Now in its sixth year, the program's focus on founders of color comes as part of Sephora's increasing number of commitments to increasing BIPOC representation in prestige beauty and on Sephora shelves.
The Texas-based professional beauty supply company has reported net earnings of $57.2 million for the first quarter, reflecting a 7.5% year-over-year increase, in spite of sales that came in under Wall Street estimates.
L’Oréal’s U.S. subsidiary has announced that it is teaming up with the country’s largest civil rights organization to launch an initiative offering funding to Black-owned small businesses and Black entrepreneurs.
Spread out over 2,900 square feet and two floors, the store will stock Allure-recommended beauty products and will play host to a range of in-store events, tutorials and masterclasses created by Allure's editorial team.
Health & beauty retail giant Walgreens Boots Alliance has named Rosalind (Roz) Brewer as its new CEO, effective March 15. She’ll join the board too as she succeeds CEO Stefano Pessina, who’s becoming executive chairman.