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Kering Brings Ardian Into Fifth Avenue Flagship in US$900m Joint Venture
THE WHAT? Kering has finalised a joint venture with investment firm Ardian covering its landmark luxury retail property at 715–717 Fifth Avenue in New York. THE DETAILS Under the agreement, Ardian holds a 60% stake in the newly created vehicle, with Kering retaining 40%. The Fifth Avenue asset comprises approximately 115,000 sq. ft of…
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Chanel Appoints Aegon HR Chief as Global People Lead Amid Leadership Reset
THE WHAT? Chanel has appointed Elisabetta Caldera as global chief people and organisation officer, continuing a reshuffle of senior leadership as long-serving executives retire. THE DETAILS Caldera, currently global chief human resources officer at Dutch insurer Aegon, will join Chanel next month, succeeding Claire Isnard, who is retiring after more than 17 years with…
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Beiersdorf Brings Eucerin to Japan With Market-Specific Anti-Aging Line
THE WHAT? Beiersdorf has launched its dermatological skin care brand Eucerin in Japan, marking the brand’s entry into the world’s third-largest cosmetics market THE DETAILS The rollout is led by the Eucerin HARI FILLER anti-aging range, developed specifically for Japanese consumers by NIVEA-Kao. The premium line is positioned at the intersection of dermatological efficacy…
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US Caps Tariffs on Swiss Cosmetics Imports at 15% Retroactively
THE WHAT? The US has reduced additional tariffs on Swiss imports to a 15% ceiling, applied retroactively from 14 November 2025, with cosmetics included in the affected product categories. THE DETAILS The new tariff cap replaces a previous additional duty of up to 39% on Swiss goods. Alongside existing exemptions for pharmaceuticals and certain…
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L’ANSES alerte sur les risques liés à certains produits pour la pousse des cils
L’Agence nationale de sécurité sanitaire (Anses) pointe les risques liés aux produits destinés à favoriser la pousse des cils contenant des substances similaires aux prostaglandines, des hormones qui peuvent provoquer un foncement irréversible de l’iris et la fonte de la graisse autour de l’orbite. L’autorité sanitaire française a pris connaissance en février, via le…
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French health agency warns of risks linked to certain eyelash growth products
The French Agency for Food, Environmental and Occupational Health & Safety (ANSES) is warning about the risks posed by eyelash growth products containing prostaglandin-like substances — hormones that can cause irreversible iris darkening and loss of fat around the eye socket. In February, the French health authority was alerted through its cosmetovigilance system to…
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EU Moves to Tax Low-Value Parcels as China E-Commerce Floods Market
THE WHAT? The European Union has agreed to introduce a temporary €3 levy on small e-commerce parcels in response to the surge in low-value imports, primarily from China. THE DETAILS From July next year, parcels valued under €150 will face the interim charge, ahead of permanent customs duties planned for 2028 once a new…
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EU agrees three-euro small parcel tax, a first step to curb China import surge
European Union finance ministers agreed on Friday, December 12, to impose a three-euro duty on low-value imports into the bloc from July 2026. While the measure covers all imports from non-EU countries, it mainly targets the surge of low-cost Chinese goods ordered through platforms like Shein, Temu, and AliExpress. More than 145 parcels per…
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Les petits colis entrant dans l’UE seront taxés 3 euros à partir de juillet 2026
Les ministres des Finances de l’Union européenne (UE) se sont mis d’accord, vendredi 12 décembre, pour imposer une taxe de trois euros sur les importations de colis de faible valeur à partir de juillet 2026. Si elle s’applique à toutes les importations venues de pays tiers, la mesure vise d’abord à contrer l’afflux de…
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Unilever Sets Annual M&A Budget of €1.5 Billion With Priority on U.S. Deals
THE WHAT? Unilever CEO Fernando Fernandez has stated that the company is allocating approximately €1.5 billion (US$1.74 billion) annually for mergers and acquisitions, with a strong focus on opportunities in the United States. THE DETAILS Fernandez disclosed the figure at a JPMorgan-hosted event, noting that U.S. assets represent a primary target area for future…