LVMH said to be planning sale of DFS Group
LVMH is said to be planning on selling travel retailer DFS Group this summer at the earliest, according to ION Analytics.
Lalique to take company private
Lalique Group and its majority shareholder Silvio Denz intend to delist the company’s shares from Switzerland's SIX Stock Exchange.
Ulta Beauty sales growth slows, lowers guidance
Ulta Beauty has reported net sales were up 3.5% to $2.7bn in the first quarter of fiscal 2024.
Douglas sales up 11.5% in Q2
The Douglas Group has reported overall net sales increased by 11.5% to around €958m in the second quarter of 2023/24.
Target sales down 3.7% in Q1
Target Corporation reported comparable sales fell 3.7% in the first quarter of 2024.
Groupe Rocher to sell Flormar
Groupe Rocher has inked a share purchase agreement with a consortium of three Turkish investors with a view to sell its make-up brand Flormar.
Chanel sees strong growth in fragrance and beauty in 2023
Chanel reported a 16% increase in revenue in 2023
Natura &Co net revenue down 5.7% in Q1
Natura &Co has reported consolidated net revenue of R$6.1bn ($1.18bn) in the first quarter of 2024.
Shiseido sales up 3.9% in Q1
Shiseido has reported net sales in the first three months of fiscal year 2024 rose 3.9% on a reported basis to ¥249.5bn ($1.6bn).
IFF Scent segment sales up 16% in Q1
IFF saw net sales of $2.90bn on a reported basis in the first quarter, down 4% compared to the prior-year period.
Coty net revenue up 8% in Q3
Coty saw net revenues grow 8% on a reported basis and 10% on a like-for-like basis to $1.38bn in the third quarter of fiscal year 2024.
Puig begins trading on the Spanish Stock Exchanges
Puig begun trading today as a listed company on the Barcelona, Madrid, Bilbao and Valencia Stock Exchanges (the Spanish Stock Exchanges).
Sycamore Partners said to be interested in taking Nordstrom private
Sycamore Partners is one of the buyout equity firms that have expressed interest in taking Nordstrom private.
dsm-firmenich sales down 2% in Q1
Dsm-firmenich reported sales fell 2% in the first quarter of 2024 to €3.07bn.
ELC Q3 sales up 5%, travel retail improves
Estée Lauder Companies’ (ELC) sales rose 5% to $3.94bn for its third quarter ended March 31, 2024
Puig sets share price for IPO
Puig has set the price guidance for its IPO at €24.50 per share, the top end of a previously reported range.
L’Occitane owner offers to buy out company
L’Occitane International’s owner Reinold Geiger has made an offer to take the French cosmetics company private.
Unilever’s sales up 4.4% in Q1
Unilever reported underlying sales increased 4.4% in the first quarter of 2024.
Symrise sales up 5% in Q1
Symrise reported sales rose 5% in its reporting currency to €1.29bn in the first quarter of 2024.
Hermès Perfume and Beauty sales up 4.3% in Q1
Hermès reported consolidated revenue of €3.8bn in the first quarter of 2024.
Interparfums sales down 1% in Q1
Interparfums has reported sales of €212.7m in the first quarter of 2024.
PZ Cussons to sell St. Tropez
PZ Cussons is to sell the self-tanning brand St. Tropez.
THG Beauty revenue down 4.2% in 2023
THG reported revenue fell 8.4% year-over-year in its preliminary results for the financial year ended December 31, 2023.
P&G net sales up 1% in Q3
P&G reported net sales were up 1% in the third quarter fiscal year 2024 to $20.2bn.
L’Oréal sales up 8.3% in first quarter 2024
L’Oréal said it saw a very good start to the year, with sales up 8.3% to €11.24bn in the first quarter
Puig looks to valuation of up to €13.9bn in IPO
Puig is to sell its shares at between €22 and €24.50 per share in its IPO.
Eurofragance sales up by more than 20% in 2023
Eurofragance reported sales rose in 2023 by more than 20% on a like-for-like basis versus 2022 to €146m
LVMH Perfumes & Cosmetics revenues up 3% in Q1
LVMH’s sales fell 2% in the first quarter of 2024 to €20.7bn. On an organic basis, revenues rose 3%.
Beiersdorf organic sales up 7.3% in Q1
Beiersdorf has reported organic sales increased 7.3% to €2.6bn in the first quarter.
Douglas Group reduces debt as sales increase 11.5% in Q2
Douglas Group has reduced its net debt by one billion euros following its listing on the Frankfurt Stock Exchange.