The owner of personal care and beauty brands Olay and Gillette received a boost in sales thanks to double-digit growth from the likes of SK-II. But the company will cut 15% of its non-manufacturing jobs by fiscal year 2027.
This week, I checked in with two former L’Oréal Group execs to better understand what the L’Oreal and Kering deal means for the beauty and wellness industries. Additionally, Givauden’s sales jump, Ulta Beauty hires a new CFO,…