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
French start-up Hubcycle raises €1.5m in funding
French start-up Hubcycle has raised €1.5m in its first round of funding, led by venture capital firm...March 24, 2021
Indian beauty brand MyGlamm raises funding, with Amazon as investor
Indian beauty brand MyGlamm has raised Rs175 crore ($24.14m) in a Series C funding round with investments...March 18, 2021
Livescale raises $2.5m in equity financing round
Canada-based live shopping solution Livescale has raised $2.5m in an equity financing round led by Luge Capital...March 16, 2021
Revlon net sales down 21.3% in 2020
US-based Revlon’s net sales fell 21.3% year-over-year to $1.9bn for the full year 2020. The decline was...March 11, 2021
South Korean e-commerce company Coupang raises $4.6bn in IPO
South Korean e-commerce company Coupang has raised $4.6bn in an initial public offering (IPO) on the New...March 11, 2021
Dufry turnover down 71.1% in full year 2020
Swiss travel retailer Dufry’s turnover fell 71.1% to CHF2.56bn ($2.74bn) in 2020 (-69.8% in organic terms). Fourth-quarter...March 9, 2021
Brand accelerator Ushopal completes $100m financing round
Brand accelerator platform Ushopal has completed a $100m financing round led by private equity firm FountainVest Partners,...March 8, 2021
Natura &Co sales up 24.3% in fourth quarter
Brazil-based Natura &Co’s sales rose 24.3% year-over-year in Brazilian reals (+6.4% at constant currency) to R$12bn ($2.12bn)...March 5, 2021
Macy’s sales down 18.7% in fourth quarter
US department-store group Macy’s net sales fell 18.7% year-over-year to $6.78bn in the fourth quarter (the 13...February 23, 2021
Livestream commerce company talkshoplive raises $3m in seed round
Los Angeles-based livestream commerce company talkshoplive (TSL) has raised $3m in a seed financing round led by...February 22, 2021
Hermès revenue down 7.2% in full year 2020
Hermès’ revenue fell 7.2% year-over-year to €6.39bn (-6% at constant exchange rates) in the full year 2020....February 19, 2021
Beiersdorf sales down 8.2% in 2020
German group Beiersdorf’s sales fell 8.2% in 2020 to €7.025bn (down organically by 5.7%). Lockdowns in key...February 17, 2021
L’Oréal sees growth in fourth quarter, sales down 6.3% for full year 2020
L’Oréal reported a 6.3% drop in sales to €27.99bn in the full year 2020. On a like-for-like...February 11, 2021
Firmenich revenue up 4.9% in six months to December 2020
Swiss flavor and fragrance company Firmenich’s revenue rose 2.3% to CHF1.997bn ($2.24bn) in the six months ended...February 11, 2021
IFF sales down 1% in 2020
International Flavors & Fragrances’ (IFF) net sales for the full year 2020 fell 1% year-over-year to $5.08bn....February 11, 2021
Coty revenue down 16% in second quarter fiscal 2021
Coty’s sales fell 16% year-over-year to $1.42bn in the second quarter of fiscal year 2021 (the three...February 9, 2021
The Honest Company looking for valuation of $2bn in IPO, says report
Beauty and baby product company The Honest Company is said to be seeking a valuation of about...February 8, 2021
ELC sales up 5% in second quarter fiscal 2021
Estée Lauder Companies’ (ELC) net sales grew 5% year-over-year to $4.85bn in the second quarter of fiscal...February 5, 2021
Unilever turnover down 2.4% in 2020
Unilever’s total turnover fell 2.4% year-over-year in 2020 to €50.7bn. Turnover in the fourth quarter dropped 4.2%...February 4, 2021
e.l.f. Beauty sales up 10% in third quarter, raises fiscal 2021 outlook
US-based e.l.f. Beauty’s net sales increased 10% year-over-year in the third quarter of fiscal 2021 (three months...February 4, 2021
Alibaba revenue up 37% in December quarter
Alibaba Group’s revenue rose 37% year-over-year to Rmb221.1bn ($33.88bn) in the quarter ended December 31. Adjusted EBITDA...February 3, 2021
Amazon net sales up 38% in 2020, ceo Jeff Bezos to step down
Amazon reported strong results for the full year 2020 and announced that founder and ceo Jeff Bezos...February 3, 2021
Skin Inc raises $7m in pre-series A funding
Skincare brand Skin Inc Supplement Bar has raised S$10m ($7m) in funding led by Singapore-based investment fund...February 1, 2021
Salvatore Ferragamo fragrance sales down 52.4% in full year 2020
Italian luxury group Salvatore Ferragamo’s revenue fell 33.5% to €916m in full year 2020 compared to 2019....January 29, 2021
LVMH sales down 17% in 2020, cautiously confident for 2021
LVMH reported a 17% decline in sales (-16% on an organic basis) in 2020 to €44.7bn. The...January 26, 2021
IFF expects sales to remain flat in full year 2020
International Flavors & Fragrances’ (IFF) expects sales for the fourth quarter, the quarter ending December 31, to...January 26, 2021
Interparfums sales down 24% for 2020
Interparfums reported better-than-expected sales for 2020, down 24% over 2019 to €367.4m. At the beginning of December...January 26, 2021
P&G sales up 8% in second quarter fiscal year 2021
P&G’s sales for the second quarter of its fiscal year 2021 (three months ended December 31) grew...January 20, 2021
The Hut Group beauty revenue up 57.1% in full year 2020
UK-based The Hut Group’s (THG) revenue rose 41.4% to £1.61bn ($2.19bn) in the full year 2020 compared...January 12, 2021