News

1. Dr. Max Group consolidated its position in 2023 to become the second largest pharmacy chain in Italy and Europe, with 2023 revenue growing 20% year-on-year to $4.6 billion.

2. The international licensee of JacadiParis, Lap Groupe, has signed a domestic and international distribution agreement with the Italian perfume distributor Mavive to supply the JacadiParis brand of perfumes and body care products to Italy, Vatican City, the Republic of SAN Marino, the United Kingdom and the Balkan countries.

3. according to foreign media reports, SelenaGomez is considering selling her Rare Beauty brand, which has been around since its launch in 2020 and is expected to generate around $350 million in net sales in 2023 thanks to a certain viral buzz on TikTok, The brand is now valued at about $2 billion.

4. La Prairie GroupAG, the luxury skincare brand owned by Beiersdorf Group, has appointed Estelle Eletang, a former executive of the Estee Lauder Companies, as its new CEO.

5. AmorePacific's skin care brand Innisfree relaunched in the United States with new packaging, a new logo and a new clean, cruelty-free formula. In addition, the brand doubled its U.S. Sephora sales and is now available in more than 1,200 physical stores, including full distribution in Sephora and Kohl's.