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THE WHAT? The Estee Lauder Companies is said to be winding down its Aramis & Designer Fragrances unit, according to a report published by WWD. THE DETAILS WWD reports that, with DKNY signed with Inter Parfums and Michael Kors’ defecting to EuroItalia, the death knell has been sounded for the division; its remaining licences, namely …

THE WHAT? Unilever has announced the launch of the Positive Beauty Growth Platform, an initiative which aims to partner with start ups and scale-ups. THE DETAILS Led by the UK-based FMCG manufacturer’s Beauty & Personal Care division and The Unilever Foundry, the platform will host a series of pitch competitions and entrepreneurial challenges with a …

THE WHAT? North American livestream shopping platform, NTWRK has raised US$50 million in a funding round led by Goldman Sachs and Kering. Tenere Capital and LionTree Partners also participated. THE DETAILS The video commerce marketplace plans to use the funds to ‘continue to define the virtual shopping experience by effectively catering to the growing digitally-native …

THE WHAT? Following the Tokyo Stock Exchange’s transition to new market segments, Shiseido has announced that its Board of Directors has determined to select and apply for a listing on the Prime Market. THE DETAILS An initial assessment confirmed that the company complies with the listing criteria and the company will follow the prescribed procedures …

THE WHAT? L’Oréal USA has partnered with the Anti-Defamation League (ADL) to launch an education initiative that aims to raise awareness and promote understanding about the Holocaust to students across the U.S.  THE DETAILS The program will create direct-to-student digital classroom activities reaching more than 100,000 middle and high school students at approximately 1,750 schools across the …