IFF’s Scent sales up 10% in Q3, raises 2024 guidance
IFF’s net sales for the third quarter were $2.93bn on a reported basis, up 4% compared to the prior-year period.
ELC sales fall 4% in Q1 fiscal 2025 as China worsens, withdraws guidance for year
Estée Lauder Companies’ (ELC) sales fell 4% to $3.36bn in first quarter fiscal 2025, due to worsening consumer sentiment in China
dsm-firmenich Q3 sales up 7%
dsm-firmenich’ sales for the third quarter rose 7% to €3.24bn.
Avolta Q3 up 5.7%
Travel retailer Avolta ‘s third-quarter turnover rose 5.7% to CHF3.908bn ($4.5bn).
Puig sales up 11% in Q3
Spanish company Puig’s sales rose 11.1% (+11.6% like-for-like) to €1.257bn in the third quarter, fueled by its core fragrance and fashion segment
Hermès Perfume and Beauty sales up 7% in Q3
Hermès’ sales rose 11% at constant exchange rates to €3.7bn in the third quarter.
Unilever sales up 4.5% in Q3
Unilever has reported underlying sales growth of 4.5% in the third quarter.
Symrise organic sales up 10% in Q3
Symrise reported organic sales increased 11.1% in the first nine months of the year.
Beiersdorf sales up 6.5% in first nine months, La Prairie falls 7.3%
Beiersdorf reported organic sales grew year-over-year by 6.5% to €7.5bn in the first nine months of 2024.
L’Oréal Q3 up 2.8%, as company cites ‘multiple turbulences’ and tough China market
L’Oréal’s sales for the third quarter rose 2.8% to €10.28bn, despite what the group called "multiple turbulences"
Interparfums sales up 20% in Q3
Interparfums SA reported sales increased 20% at current exchange rates to €257.6m in the third quarter of 2024.
Coverpla receives new capital injection
French beauty packaging company Coverpla has received a new capital injection.
Sa Sa International’s turnover down 11% in Q2
Sa Sa International has reported its turnover dropped 11% year-over-year to HK$975.9m in the second quarter.
P&G skincare sales fall 20% in Q1
The Procter & Gamble Company reported net sales fell 1% in the first quarter of fiscal year 2025 to $21.7bn.
Ulta Beauty unveils plan to boost growth and market share
Ulta Beauty has outlined its priorities to drive growth and new long-term financial targets.
LVMH’s Q3 sales fall 3%
LVMH’s sales for the third quarter declined 3% to €19.08bn, due in part to lower growth in Japan
Boots’ beauty sales up 6% in Q4
Boots has reported beauty sales increased more than 6% year-over-year in the fourth quarter.
Coty Q1 slightly below initial estimate, cites cautious retailers and slower US growth
Coty has reported sales increased around 4-5% like-for-like in the first quarter based on preliminary figures.
Givaudan sales up 13% in first nine months
Givaudan has reported sales of CHF 5.64bn ($6.57bn) in the first nine months of 2024, growing 13% on a like-for-like basis.
SEEN closes $9m Series A funding
Haircare brand SEEN has closed a fully subscribed $9m Series A funding.
Oak Essentials receives funding from Silas Capital and Unilever Ventures
Oak Essentials has received first-round dual funding from Silas Capital and Unilever Ventures.
L’Oréal’s venture capital fund invests in Ami Colé
Ami Colé has received an investment from L’Oréal’s venture capital fund, BOLD.
Huda Beauty said to be considering selling Kayali
Dubai-based cosmetics brand Huda Beauty is considering selling all or part of its fragrance brand Kayali.
Puig’s sales up 9.6% in first half
Puig has reported sales increased 9.6% in the first half of 2024 to €2.2bn.
Nordstrom family and El Puerto de Liverpool make takeover bid
Nordstrom has received an offer from the Nordstrom family and El Puerto de Liverpool to take the US-based department store operator private.
Ulta Beauty Q2 sales disappoint, lowers guidance
Ulta Beauty has reported net sales rose 0.9% to $2.6bn in the second quarter ended August 3, 2024
Kohl’s net sales fall in Q2, Sephora shop-in-shops perform strongly
Kohl’s has reported net sales fell 4.2% year-over-year to $3.5bn in the second quarter of 2024.
Unilever said to be selling Kate Somerville and REN
Unilever is said to be selling two of its prestige beauty brands, according to Sky News.
Macy’s net sales down 3.8% in Q2, lowers guidance
Macy’s has reported net sales fell 3.8% to $4.9bn in the second quarter of 2024.
Walmart said to have sold stake in JD.com
US-based retailer Walmart is said to have sold its stake in Chinese e-commerce player JD.com.