Brands
Vanity Group goes green with Pack4Good pledge
MUMBAI: Talk about putting the planet on the guest list! Vanity Group, the global luxury hotel amenities brand, has checked into a new kind of partnership, one that swaps glitz for green. The company has joined Canopy’s Pack4Good initiative, committing to eliminate paper sourced from Ancient and Endangered Forests and champion forest-free, circular packaging.
The move marks another milestone in Vanity Group’s ongoing effort to redefine what luxury means in the modern age: elegant, ethical, and eco-conscious. From sleek amenity kits to hotel gift boxes, paper packaging plays a starring role in hospitality’s environmental footprint. By making the switch, the brand aims to help protect biodiversity hotspots while aligning with global sustainability standards.
“As a leader in luxury hotel cosmetics, we believe that true beauty protects both people and the planet,” said Vanity Group global head of quality, regulatory and ESG Belinda Shu. “Partnering with Canopy allows us to take tangible steps towards responsible sourcing and forest protection, one guest experience at a time.”
Through Pack4Good, Vanity Group joins a prestigious circle of more than 470 companies, including fashion icons, publishers, and personal care brands, all working to replace tree-based paper packaging with low-impact materials. These include recycled fibres and innovative “Next Generation” options like wheat straw, flax, and agricultural waste.
Canopy founder and executive director Nicole Rycroft, praised the collaboration, saying, “Vanity Group is setting a new bar for modern luxury, one that’s stylish, sustainable, and planet-aligned.”
Supplying premium products to over 10,000 hotels worldwide, Vanity Group is already known for its partnerships with Jo Loves, Hermès, Kevin Murphy, and Molton Brown, alongside its own brands such as Appelles, Biology, and Urban Skincare Co. Now, with this green pledge, the brand adds forest protection to its portfolio of sophistication. Because when it comes to luxury, Vanity Group is proving that conscious is the new chic.
Brands
Domino’s Q1 profit falls 6.6 per cent, announces $1 billion buyback
Sales rise 3.4 per cent as pizza giant balances growth and shareholder returns
NEW YORK: Domino’s reported a mixed start to 2026, with first-quarter net income slipping even as global sales and store expansion held steady. The company also announced a fresh $1 billion share buyback, underlining its continued focus on shareholder returns.
Global retail sales rose 3.4 per cent on a constant-currency basis to $4.74 billion. The US remained a key growth engine, with same-store sales inching up 0.9 per cent, supported by a 1.5 per cent rise at company-owned outlets.
International markets, however, painted a more uneven picture. While Domino’s added 161 net new stores overseas during the quarter, international same-store sales declined 0.4 per cent. Overall revenues still climbed 3.5 per cent to $1.15 billion, driven by higher supply chain revenues and a 2.6 per cent increase in food basket pricing for franchisees.
On the profitability front, net income fell 6.6 per cent to $139.8 million, compared to $149.7 million a year earlier. Diluted earnings per share dropped to $4.13 from $4.33. The decline was largely attributed to a $30 million unfavourable swing in unrealised gains linked to its investment in DPC Dash Ltd.
Despite this, operational performance showed resilience. Income from operations rose 9.6 per cent to $230.4 million, supported in part by a $7.8 million pre-tax gain from the sale of a corporate aircraft.
Domino’s footprint continued to expand, with the company ending the quarter at 22,322 stores across more than 90 markets. In the US, digital orders remained dominant, accounting for over 85 per cent of retail sales in 2025.
The company also maintained its dividend payout, declaring $1.99 per share, payable on 30 June 2026. After repurchasing $75.1 million worth of stock during the quarter, the new authorisation lifts the total available for buybacks to $1.29 billion.
Domino’s chief executive officer Russell Weiner said the company’s scale and store-level economics position it well to capture further market share in 2026, even as competition intensifies.
As Domino’s leans into expansion and capital returns, the latest results show a business managing short-term pressures while keeping its long-term growth strategy firmly in play.
