Hermès net profit up 15% in 2018
French luxury accessories company Hermès posted net profit up 15% to €1.405bn in 2018. As previously reported,...March 20, 2019
Glossier raises $100m in Series D funding
Direct-to-consumer beauty brand Glossier Inc has raised $100m in funding in a move it says is designed...March 19, 2019
Revlon fourth-quarter 2018 sales fall 5.7%
US-based Revlon’s fourth-quarter 2018 sales fell 5.7% to $741.6m, due to in part to lower sales at...March 18, 2019
Ulta Beauty profit up 3.1% in fourth quarter of fiscal 2018
Ulta Beauty posted a 3.1% increase in profit to $214.7m in the fourth quarter of fiscal 2018....March 14, 2019
Dufry 2018 sales up 3.7% despite difficult markets
Swiss travel retailer Dufry said it delivered resilient results in 2018 despite difficult market conditions in some...March 14, 2019
Interparfums SA sales up 8% in 2018, raises 2019 guidance
France-based Interparfums SA’s sales rose 8% to €455.3m in 2018, while net profit increased 18% to €47.1m....March 4, 2019
Elf to close its retail stores as sales, profits fall in fourth quarter, cfo leaves
US-based Elf is to close its 22 retail stores to focus on national retailers and digital. The...February 27, 2019
Beiersdorf launches investment program to respond to industry changes
German group Beiersdorf is to embark on multi-year investment program with €70m to €80m devoted to digitalization,...February 27, 2019
Macy’s to make cuts in top management
US department store operator Macy’s is to make cuts in top management to save $100m annually. In...February 26, 2019
Natura sees double-digit growth in sales and profit in fourth quarter 2018
Brazilian company Natura reported a double-digit increase in sales and net profit for the fourth quarter of...February 22, 2019
Robertet’s net profit up more than 6% in 2018
French fragrance company Robertet’s unaudited net profit reached €51.5m in 2018, growth of more than 6%. This...February 21, 2019
Zoom in on: L’Oréal
L’Oréal saw its best growth in 10 years with 2018 sales up 7.1% like-for-like to €26.9bn. BW...February 18, 2019
Alès Groupe sales fall 10.1% in 2018
France-based Alès Groupe reported sales of €208.3m in 2018, down 10.1% year-on-year (-8.9% at constant exchange rates)....February 15, 2019
Avon sales fall 10% in fourth quarter
Direct seller Avon Products’ sales fell 10% for the fourth quarter to $1.4bn. Like-for-like revenue in constant dollars...February 14, 2019
Douglas sales up 7.2% in first quarter fiscal 2018-19
German perfumery chain Douglas’ sales increased 7.2% to a record €1.2bn in the first quarter of fiscal...February 14, 2019
IFF’s Scent sales up 6% in 2018
US-based flavor and fragrance company IFF reported net sales of $1.23bn for the fourth quarter of 2018,...February 14, 2019
JAB Holding offers to buy another 20% of Coty
Investment company JAB Holding is offering to buy another 20% of Coty, of which it already owns...February 12, 2019
Launch of venture capital fund for beauty and wellness
A new US-based venture capital fund focused on beauty and wellness has launched. Called Sekhmet Ventures, it...February 12, 2019
Iberchem net sales up 16% in 2018
Spain-based flavor and fragrance company Iberchem Group posted revenues of €146m for 2018, up 16% compared to...February 11, 2019
Shiseido profit up 170% in fiscal 2018
Japanese group Shiseido’s net profit grew 169.9% to ¥61.4bn ($558.98m) for the fiscal year ended December 31,...February 8, 2019
Coty reports net loss of $960m for second quarter fiscal 2019
US-based Coty reported a 4.8% decline in net revenues to $2.51bn for the second quarter of fiscal...February 8, 2019
Hermès fragrance sales up 9.5% in fourth quarter 2018
French luxury accessories company Hermès posted sales of €1.65bn in the fourth quarter of 2018, an increase...February 8, 2019
L’Oréal sees best sales growth in 10 years
L’Oréal said it saw its best sales growth in 10 years in 2018. The group’s sales rose...February 7, 2019
Lagardère Travel Retail sales up 7.7% in 2018
France-based Lagardère’s travel-retail business saw sales rise 7.7% (+8.8% like-for-like) to €3.67bn in 2018. For the fourth quarter...February 7, 2019
ELC sales up 7% in second quarter fiscal 2019
Estée Lauder Companies (ELC) said that its quarterly net sales hit $4bn for the first time. Sales...February 5, 2019
Kao cosmetics sales up 5% in 2018
Japan-based Kao’s net profit rose 4.5% to ¥155.33bn ($1.41bn) in 2018. Net sales grew 1.2% to ¥1,508bn...February 5, 2019
Unilever net profit up 51% in 2018
Anglo-Dutch consumer-goods group Unilever reported net profit of €9.8bn for 2018, an increase of 51.2%. The company...January 31, 2019
Ferragamo fragrance sales up 5.6% in 2018
Salvatore Ferragamo posted preliminary consolidated revenues of €1.347bn for fiscal year 2018, a drop of 3.4%. At...January 30, 2019
LVMH reports double-digit growth in sales and profit for 2018
French group LVMH said 2018 was another record year, with both sales and profits seeing double-digit growth....January 29, 2019
Interparfums SA sales up 8% in 2018, driven by Coach
Interparfums SA’s sales rose 6% to €24.8m for the fourth quarter of 2018. For full-year 2018, sales...January 29, 2019