Industry news

1. ACTIM has been appointed by L 'Oreal Distribution International as the official distributor for the travel retail market of GuyLaroche and Paloma Picasso in the Americas and the Caribbean.

2. Thailand's Central Marketing Group(CMG) has become the exclusive distributor of Korean cosmetics brand JUNG SAEMMOOL in Thailand from 1 May 2024. Founded in 2015 by South Korean makeup artist Jung Saem Mool, JUNGSAEMMOOL now has more than 250 points of sale in South Korea and is rapidly expanding in Southeast Asia. Recently, the brand opened its first global flagship retail, academy and salon store in Singapore.

3. In an interview with Corriere Economi a, Alberto Noe, the new president and CEO of EMEA, announced that Shiseido plans to invest €300 million in acquisitions in Europe, of which €50 million is in Italy, and is not limited to the beauty sector.

4. Coty accelerates the expansion of its high-end Chloe fragrance line, Ateliersdes Fleurs, in Europe, the Americas and Asia Pacific, doubling the number of stores to 100 in the next few years to strengthen the presence of Chloe's ultra-high-end fragrance line in the travel retail space. In the European travel retail sector, flagship stores are planned for London Heathrow and Paris Charles de Gaulle airports this year. In the Americas, chloe Atelier des Fleurs has established strategic partnerships with Avolta and DFS Group to launch several flagship stores and recently opened new stores in Brazil, Hawaii, New York, Toronto and Dallas.