​There was big news on Thursday afternoon as Gucci owner Kering and Valentino owner Mayhoola said the French luxury giant has acquired a 30% stake in Valentino for €1.7 billion in cash.

​Boohoo Group has increased its stake in Revolution Beauty after settling a dispute with the firm that saw a number of Boohoo nominees joining the leadership team.

​Unilever's first half results on Tuesday, showed some areas performing better than others but overall progress, with the group reporting underlying sales growth of 9.1%. Meanwhile turnover rose 2.7% to €30.4bn. 

Harvey Nichols' CEO is the latest exec to weigh in on the VAT-free shopping debate in the UK. She has highlighted how France has deftly attracted international shoppers and is attracting British shoppers too.

Revolution Beauty can’t seem to catch a break. In a brief stock exchange filing, the under-pressure beauty specialist said that the UK’s Financial Conduct Authority (FCA) has notified the firm that it has begun a probe.

Four major European and U.S. flavor and fragrance producers are facing a number of price-fixing lawsuits in U.S. court, after Swiss and other antitrust authorities revealed a cartel investigation earlier this year.

In October, Sephora will stage the Sephoria event in Paris for the first time. It was held initially in 2018 in the USA, and it will allow the general public to discover the world of the LVMH group's beauty retailer.

Swiss fragrance and flavour maker Givaudan on Thursday reported half-year core earnings above market expectations, citing strong performance in its fragrances business and effective cost management.

​Maison Rochas announced on Wednesday that its fashion business is to rejoin Interparfums from the start of next year, after two years sat under partner company HIMCO.

Cosmoprof North America announced on Tuesday an "exceptional" 20th anniversary edition at the Las Vegas Convention Center from July 11–13, registering 20% growth in show attendance over last year. 

L'Oréal Paris has added American model Kendall Jenner to its prestigious list of ambassadors.

Sephora, the cosmetics retailer owned by luxury conglomerate LVMH, is considering an overhaul of its China operations, including finding a new leader for the country. 

​Revolution Beauty announced a settlement with major shareholder Boohoo Group on Tuesday and it looks like the latter has achieved many of its aims, but not all of them.

​The first quarter was a generally strong one for luxury giant Richemont with the company saying Monday it saw sales jumping 14% in total to €5.322 billion, or rising 19% on a currency-neutral basis.

Ethical cosmetics company Lush is blaming Brexit for lower European sales in the year to June 2022. Overall, the company posted a 28% fall in sales that year with its UK market seeing a 10% drop.

Gucci-owner Kering paid 3.5 billion euros ($3.83 billion) for acquiring high-end French fragrance label Creed in June, the Financial Times reported on Monday, citing people familiar with the matter.