Subscription-based Athena Club raises $15m in Series A funding
US-based Athena Club has raised $15m in Series A funding co-led by venture capital firm Cue Ball...June 9, 2021
Haircare brand Sunday II Sunday raises $4.2m in Series A funding
Textured haircare brand Sunday II Sunday has raised $4.2m in a Series A funding round. Investors include...May 31, 2021
Grooming brand raises $3m in funding led by Estée Lauder Companies
Grooming brand Faculty has raised $3m in seed funding led by Estée Lauder Companies. Other investors include...May 31, 2021
Natura &Co venture capital arm invests in Perfumer H
Brazil-based Natura &Co’s venture capital arm Fable Investments has made its first investment in British fragrance brand...May 28, 2021
Ulta first-quarter sales up 65.2%, raises fiscal 2021 outlook
US-based beauty retailer Ulta Beauty’s sales rose 65.2% year-over-year to $1.9bn in the first quarter of fiscal...May 28, 2021
e.l.f. Beauty sales up 12% in full year fiscal 2021
US-based e.l.f. Beauty’s net sales increased 12% to $318.1m in full year fiscal 2021, the twelve months...May 26, 2021
Dufry turnover down 68% in first quarter 2021
Swiss travel retailer Dufry’s turnover fell 68% year-over-year to CHF460.3m ($511m) in the first quarter of 2021....May 20, 2021
French start-up Ankorstore raises €84m in Series B funding
French online marketplace start-up Ankorstore has raised €84m in a Series B funding round led by Tiger...May 18, 2021
Alibaba reports quarterly loss due to government fine
Alibaba Group reported a net loss of Rmb7.65bn ($1.17bn) for the quarter ended March 31, 2021 due...May 13, 2021
Natura &Co sales up 25.8% in first quarter
Brazil-based Natura &Co reported a 25.8% increase in sales in Brazilian reals to R$9.5bn (US$1.8bn) in the...May 13, 2021
Shiseido net sales up 7.5% in first quarter, revises outlook
Japanese company Shiseido’s net sales rose 7.5% year-over-year to ¥244.01bn ($2.24bn) in the first quarter of 2021....May 12, 2021
Salvatore Ferragamo fragrance sales up 5.3% in first quarter
Italian luxury group Salvatore Ferragamo’s revenue increased 10.3% year-over-year in the first quarter to €245m (+13% at...May 12, 2021
Douglas hit by European lockdowns, second-quarter sales down 12.5%
German beauty retailer Douglas’ sales fell 12.5% on a like-for-like basis in the second quarter of 2020/21...May 12, 2021
Revlon to undergo more restructuring, net sales down 1.8% in first quarter
US-based Revlon is to implement a new restructuring plan between now and 2023, building on a restructuring...May 11, 2021
Inter Parfums Inc net sales up 37% in first quarter
Inter Parfums Inc’s net sales rose 37% year-over-year to $198.5m in the first quarter ended March 31....May 11, 2021
IFF sales up in first quarter
International Flavors & Fragrances’ (IFF) net sales rose 83% year-over-year to $2.47bn in the first quarter of...May 11, 2021
Sa Sa expects loss of up to $43.8m for year ended March 31
Hong-Kong-based beauty retailer Sa Sa issued a profit warning yesterday and stated that it expects a loss...May 11, 2021
Coty revenues down 3% in third quarter fiscal 2021
Coty’s net revenues fell 3% year-over-year to $1.03bn in the third quarter of fiscal year 2021 (the...May 10, 2021
L’Occitane Group sales up 6.9% in fourth quarter
L’Occitane Group reported a 6.9% sales increase for its fourth quarter (three months ended March 31) to...May 6, 2021
ELC sales up 16% in third quarter
Estée Lauder Companies (ELC) net sales rose 16% year-over-year to $3.86bn for its third quarter ended March...May 3, 2021
Unilever turnover down 0.9% in first quarter
Unilever’s turnover fell 0.9% year-over-year in the first quarter of 2021 to €12.3bn. Underlying sales growth was...April 29, 2021
Puig like-for-like revenues fall 32% in 2020
Spanish company Puig saw revenues fall 24% to €1.54bn in 2020, as a result of the COVID-19...April 28, 2021
Symrise sales up 3.5% in first quarter of 2021
German flavor and fragrance company Symrise’s sales rose 3.5% to €949.6m in the first quarter of 2021....April 28, 2021
The Honest Company aims for $1.5bn valuation in IPO
Beauty and baby product company The Honest Company is seeking a $1.5bn valuation in its initial public...April 27, 2021
Hermès fragrance and beauty revenue up 20.5% in first quarter
Hermès’ revenue rose 38.4% year-over-year (+43.7% at constant exchange rates) to €2.08bn in the first quarter of...April 22, 2021
P&G sales up 5% in third quarter fiscal year 2021
P&G’s net sales for the third quarter of its fiscal year 2021 (the three months ended March...April 21, 2021
Interparfums sales up 28% in first quarter
Interparfums sales rose 28% year-over-year (+34% at constant exchange rates) to €132.6m in the first quarter of...April 21, 2021
L’Oréal’s first-quarter like-for-like sales up 10.2%
L’Oréal reported a 10.2% like-for-like increase in first quarter sales to €7.61bn, with three divisions reporting double-digit...April 15, 2021
LVMH sales up 32% in first quarter 2021, Perfumes & Cosmetics up 12%
LVMH reported a 32% increase in sales (+30% on an organic basis) for the first quarter of...April 13, 2021
Harry’s raises $155m in Series E funding
Shaving and personal-care company Harry’s has raised $155m in a Series E funding round led by Bain...April 2, 2021