Alibaba revenue grows 22% in fiscal Q4
Alibaba Group’s revenue grew 22% year-over-year to RMB114.31bn ($16.14bn) in its fourth fiscal quarter ended March 31....May 22, 2020
Shiseido profit down 96% in Q1 amid COVID-19
Shiseido’s net profit declined 95.8% year-on-year to ¥1.4bn ($13m) for the first quarter 2020, hit by the...May 12, 2020
Inter Parfums Inc net sales fall 18.7% in first quarter
Inter Parfums Inc’s net sales fell 18.7% to $144.m in the first quarter compared to the same...May 11, 2020
IFF sales increase 4% in first quarter, withdraws 2020 guidance
International Flavors & Fragrances’ (IFF) net sales rose 4% to $1.35bn in the first quarter compared to...May 11, 2020
Revlon Q1 sales fall 18%
US-based Revlon reported an 18.1% decline in sales to $453m for the first quarter, which the company...May 11, 2020
Coty Q3 sales down 23%
Coty reported a 23.2% decline in sales to $1.53bn for its third quarter ending March 31. On...May 11, 2020
Natura sales up 1.9% in first quarter
Natura &Co reported a 1.9% increase in sales to R$7.5bn (US$1.29bn) for the first quarter. On a...May 8, 2020
La Prairie sales fall 35.8% in first quarter
German group Beiersdorf reported a 3.6% decline in organic sales for the first quarter of 2020 to...May 5, 2020
Estée Lauder Companies sales down 11% in Q3
Estée Lauder Companies (ELC) reported an 11% decline in sales to $3.35bn for its third quarter ended...May 1, 2020
Alès Q1 sales down 13%, begins strategic review of business
France-base Alès Group reported a 13% drop in first-quarter sales to €48.7m and has implemented a strategic...April 30, 2020
L’Oréal lends support to hairdressing salon re-openings in France
L’Oréal will support the re-opening of hairdresing salons in France on May 11 by providing three million...April 24, 2020
Unilever turnover grows 0.2% in first quarter, withdraws 2020 outlook
Unilever’s total turnover increased 0.2% to €12.44bn in the first quarter 2020 year-over-year. The increase includes a...April 23, 2020
Interparfums Q1 sales down 18%
Interparfums reported an 18.2% decline in sales for the first quarter to €10.3.5m (-19.5% at constant exchange...April 23, 2020
Hermès perfume sales down 3% in Q1
Hermès’ revenue dropped 6.5% to €1.5bn for the first quarter 2020. The company’s perfume business revenue fell...April 23, 2020
P&G sales up 5% in third quarter
US-based consumer goods company P&G’s net sales grew 5% to $17.2bn in the third quarter, compared to...April 17, 2020
L’Oréal Q1 sales down 4.8%
L’Oréal reported a 4.8% decline in sales to €7.22bn for the first quarter and said that while...April 16, 2020
LVMH perfumes & cosmetics sales down 19% for Q1 2020
LVMH reported a 15% decline in sales to €10.6bn in the first quarter of 2020 (-17% on...April 16, 2020
Coty executives take 25% pay cut amid COVID-19
Coty ceo Pierre Laubies and chief financial officer and chief operating officer Pierre-André Terisse will take a...April 15, 2020
North Castle Partners teams up with True Beauty Capital to provide capital to beauty companies
Private equity firm North Castle Partners will partner with beauty investment firm True Beauty Capitalto provide private...April 14, 2020
Givaudan sales grow 5.4% in first quarter 2020
Swiss flavor and fragrance company Givaudan reported a 5.4% sales increase on a like-for-like basis to CHF1.62bn...April 14, 2020
Estée Lauder Companies draws $1.3bn on revolving credit amid COVID-19
Estée Lauder Companies (ELC) borrowed $1.3bn under its $1.5bn revolving credit facility on Tuesday to “enhance financial...April 8, 2020
Salvatore Ferragamo sales down 30.6% in first quarter 2020
Italian luxury group Salvatore Ferragamo’s sales fell 30.6% to €220m in the first quarter of 2020 compared...April 7, 2020
Interparfums withdraws 2020 guidance
France-based Interparfums has withdrawn its 2020 guidance due to the current lack of visibility caused by the...April 6, 2020
Walgreens Boots Alliances sales grow 3.7% in second quarter fiscal 2020
Walgreens Boots Alliance (WBA) reported sales growth of 3.7% year-over-year to $35.8bn for its fiscal 2020 second-quarter...April 2, 2020
Revlon furloughs employees
US-based Revlon will furlough some employees and put some workers in the US and globally on a...April 2, 2020
e.l.f. Beauty reaffirms fiscal 2020 guidance
US-based beauty company e.l.f. Beauty reaffirmed its fiscal 2020 guidance, which it issued on February 5. The...March 31, 2020
L’Oréal suspends guidance, expects 5% sales decline for Q1 due to COVID-19
L’Oréal has suspended its guidance and said that the COVID-19 pandemic and measures taken by countries in...March 30, 2020
Ulta Beauty draws down $800m under revolving credit amid COVID-19
US-based beauty retailer Ulta Beauty recently drew down $800m under its revolving credit facility in its updated...March 24, 2020
Inter Parfums Inc withdraws 2020 guidance due to COVID-19
Inter Parfums Inc has withdrawn its 2020 full year guidance due to the uncertainties surrounding the spread...March 24, 2020
Coty expects 20% revenue drop in fiscal third quarter due to COVID-19
Coty has withdrawn its financial guidance for its full fiscal year 2020 and expects net revenues for...March 20, 2020