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CosmeticsDesign's beauty news roundup: Revolution Beauty posts better profitability; Space NK may be preparing for sale; Body Shop files for bankruptcy in France; UK's Elemis to open first store; LVMH fashion line Celine will debut cosmetics range in fall

Goldman Sachs identifies 11 European stocks that are a solid alternative for 'Magnificent 7' tech stocks in US; dubbed 'Granolas,' these EU stocks have contributed over 50% of STOXX 600 returns in 2023, and include Novo Nordisk, Nestle, LVMH, GSK, Roche

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

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