L’Oréal invests in fund focused on Indian brands
L’Oréal has invested in Fireside Ventures, an early-stage investment fund focused on consumer brands in India. L’Oréal...September 4, 2019
Ulta revises full year outlook due to challenges in US cosmetics market
US-based retailer Ulta Beauty revised down its outlook for the full fiscal year 2019 as a result...August 30, 2019
Douglas to close 70 doors, reports Q3 sales up 5.7%
German perfumery chain Douglas is to close 70 underperforming stores across Europe by 2020—roughly 3% of its...August 29, 2019
Coty sales fall 8% in Q4, loss widens
Coty reported an 8% decline in sales for the fourth quarter to $2.12bn, while net loss widened...August 28, 2019
Henkel invests in digital start-ups
German company Henkel has invested in two digital beauty start-ups: Purish and youtiful. Purish, founded in Berlin...August 22, 2019
Morphe gets major new investor, plots expansion
Private-equity firm General Atlantic has acquired a majority stake in US-based beauty company Morphe Holdings, forging a...August 20, 2019
Estée Lauder Companies sales up 9% for Q4 and full year
Estée Lauder Companies (ELC) reported a 9% increase in fourth-quarter sales to $3.59bn, driven by China, emerging...August 19, 2019
IFF fine fragrance sales up in second quarter
US-based flavor and fragrance company IFF reported net sales of $1.3bn for the second quarter of 2019,...August 6, 2019
L’Oréal sees strong first-half, Q2 sales below analyst expectations
L’Oréal reported like-for-like growth of 6.8% for sales of €7.26bn in the second quarter, slightly below analysts...July 30, 2019
Dufry organic sales up 2.3% in second quarter
Swiss travel retailer Dufry saw organic growth of 2.3% in the second quarter. The company said the...July 30, 2019
Unilever Beauty & Personal Care grows 3.3% in first half of 2019
Anglo-Dutch consumer-goods group Unilever saw underlying sales growth of 3.3% for its Beauty & Personal Care division...July 25, 2019
Montblanc and Coach boost first-half sales for Interparfums SA
France-based Interparfums SA posted first-half sales of €238.4m, up 9% at current exchange rates and buoyed by...July 25, 2019
LVMH sales up 15% in second quarter 2019
French group LVMH saw a 15% increase in sales in the second quarter of 2019 to €12.54bn....July 24, 2019
L’Occitane sales climb 18.8% in fiscal first quarter, buoyed by Elemis
French company L’Occitane International saw its sales for the first quarter of fiscal 2020 grow 18.8% in...July 24, 2019
Debenhams reportedly seeks £50m in additional funding from lenders
UK department-store group Debenhams is seeking £50m ($62.2m) in additional funding from its lenders to help it...July 23, 2019
Hermès sales climb 12% in first half
French company Hermès posted sales of €3.28bn for the first half of fiscal 2019, an increase of...July 23, 2019
Givaudan first-half sales climb 6.3%
Swiss flavor and fragrance group Givaudan posted sales of CHF3.09bn ($3.14bn) in the first half of 2019,...July 18, 2019
Kopari Beauty secures $20m in funding round
US direct-to-consumer brand Kopari Beauty has closed a $20m funding round that secured financing from consumer-focused private-equity...July 17, 2019
L’Oréal in talks with Clarins to acquire Mugler and Azzaro
French beauty group L’Oréal has entered exclusive negotiations with France-based Clarins Group to acquire the Mugler and...July 2, 2019
Ieva raises €2.5m
France-based connected beauty brand Ieva has raised €2.5m through a convertible bonds issue. The operation was done...June 27, 2019
L’Occitane International’s net profit up 21.8% in fiscal 2019
L’Occitane International posted net profit of €117.6m in fiscal 2019, an increase of 21.8%. Net sales were...June 18, 2019
Chanel sales up 10.5% in 2018, denies sale rumors
Luxury group Chanel revealed that its revenues for 2018 rose 12.5% to $11.12bn in 2018, and sought...June 17, 2019
Hudson’s Bay Company executive chairman leads bid to take company private
A group of shareholders from North American retail group Hudson’s Bay Company (HBC) that includes governor and...June 11, 2019
Ulta Beauty unveils international ambitions, to launch in Canada
US-based retailer Ulta Beauty revealed that a major objective for the beauty chain is to expand internationally...May 31, 2019
Alibaba reportedly considering secondary Hong Kong listing worth $20bn
Chinese tech group Alibaba is considering raising up to $20bn through a secondary listing on the Hong...May 29, 2019
Oriflame founders offer to buy shares and take company private
Members of the founding family of Swedish direct-sales company Oriflame have launched a bid to purchase the...May 23, 2019
Douglas to create online marketplace with offer from external brands and retailers
German retailer Douglas plans to turn its e-commerce site into what it calls an open online marketplace...May 16, 2019
Macy’s sales down 0.7% in first quarter
US-based department-store group Macy’s Inc posted net sales of $5.504bn for the first quarter of 2019, a...May 16, 2019
Natural anti-acne brand BioClarity raises $13m in funding
US-based direct-to-consumer skincare brand BioClarity has raised $13m in a funding round, led by health and wellness...May 15, 2019
Shiseido sales rise 5.5% in first quarter, profits up 16.1%
Japanese group Shiseido saw its first-quarter organic sales rise 5.5% to ¥273.6bn ($2.49bn), buoyed by the Prestige...May 15, 2019