Finance

ELC sales up 9% in fiscal 2022

The Estée Lauder Companies (ELC) net sales rose 9% to $17.74bn in the fiscal year ended June...
August 18, 2022

L’Oréal first-half sales up 13.5%

L’Oréal’s like-for-like sales rose 13.5% year-over-year to €18.36bn in the first half of 2022. On a reported...
July 29, 2022

Revlon files for bankruptcy

US-based Revlon has filed for bankruptcy. The filing was triggered by liquidity problems, due in part to...
June 16, 2022

Purplle.com raises $33m in funding

Indian online beauty retailer Purplle.com has raised $33m in Series E funding from South Korean venture capital...
June 10, 2022

Macy’s sales up 12.8% in Q1

US department-store group Macy’s comparable sales rose 12.8% to $5.35bn in the first quarter of 2022 (the...
May 27, 2022

Ulta Beauty sales up 21% in Q1

US beauty retailer Ulta Beauty’s net sales rose 21% year-over-year to $2.3bn in the first quarter of...
May 27, 2022

Yatsen revenues down 38.3% in Q1

Chinese beauty company Yatsen’s net revenues fell 38.3% year-over-year to Rmb891m ($140.5m) in the first quarter of...
May 25, 2022

Douglas sales up 31% in Q2

German beauty retailer Douglas’ sales rose 31% year-over-year to €719m in the second quarter of fiscal 2021/2022...
May 25, 2022

Chanel revenue up 54.7% in 2021

Chanel’s revenue increased 54.7% to $15.6bn in 2021 compared to 2020 and rose 27.4% compared to 2019....
May 24, 2022

Dufry turnover up 143% in Q1

Swiss travel retailer Dufry’s first-quarter turnover rose 143% to CHF1.12bn ($1.14bn) compared to the first quarter of...
May 19, 2022
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