beauty

CBRE advised Sephora on a 480 sq m lease at Sendlinger Strasse 18 in Munich, marking the French cosmetics retailer’s first high street location in the city.

INITIO Parfums Privés has opened in Covent Garden, marking the brand’s first standalone store and cementing Covent Garden’s status as a leading destination for luxury fragrance and beauty brands.

Kering and L’Oréal announced today that they are entering a long-term strategic partnership in luxury beauty and wellness. This binding agreement encompasses the acquisition of the House of Creed by L’Oréal, the beauty and fragrance licenses of iconic Houses of Kering and an exclusive venture to explore business opportunities in the field of wellness and longevity.