The US subsidiary of Italian cosmetics company Kiko filed for Chapter 11 bankruptcy last Thursday, and will be closing almost all of its remaining stores. The brand has blamed weak sales for its recent struggles.
The retail pharmacy has announced that it will introduce new standards for post-production alterations in its beauty images, including a commitment to transparency for any image that has been materially altered by 2020.
New technologies YouCam will roll out include real-time AR hair coloring; artificial intelligence (AI) "Look Transfer" that brings makeup looks to life from printed photos through 3D face AR tech, and AR training tools.
Counter Brands LLC has announced that Mousse Partners Ltd, a single-family venture-capital office, has made a strategic investment in the clean beauty company. Capital will go towards developing strategic initiatives.
The importance of Selfridges as a shopping destination, and London as a focus for global shoppers, has been underlined as Decorté says it will debut key products through the store before its core Asian market.