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LVMH-owned Sephora plans to gradually exit South Korea after failing to gain a share in competition with dominant local rival CJ Olive Young; phased withdrawal will start May 6, will affect its online mall, mobile app and offline outlets

Kenzo unveils new unisex floral fragrance, Nuage Cerisier, inspired by minimalistic Japanese aesthetic; the 75 ml Eau de Parfum features notes of sakura flowers and mandarin from Madagascar

Louis Vuitton unveils two new fragrances in its Pure Perfumes collection--Pur Ambre combines natural ambergris with ambroxan, while Pur Santal highlights sandalwood with Sri Lankan essence, musky floral notes

GlobalData: Luxury brands in Asia, including Louis Vuitton and LVMH, venturing into foodservice to cater to 'experience-driven' consumers amid rising disposable incomes; such a move aims to create intimate experiences, build loyalty among young shoppers

Executive Perspective: Packaging Materials Innovation Manager at LVMH Beauty discusses company’s’ application of Avantium’s biobased PEF in cosmetics packaging as well as company’s motivation to join PEFerence project

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