Kering said to have paid €3.5bn to acquire Creed
It has been revealed that French luxury group Kering paid €3.5bn to acquire the fragrance brand Creed.
July 11, 2023
Oddity launches IPO
Oddity, the Israeli consumer tech platform that owns Il Makiage and SpoiledChild, today launched its U.S. initial public offering (IPO).
July 10, 2023
Coty raises FY23 guidance
Coty has raised its guidance for the fourth quarter of FY2023, and now expects revenue growth of...July 6, 2023
L’Occitane’s sales exceed €2bn for FY 2023
L’Occitane’s Sol de Janeiro brand L’Occitane’s sales exceeded the €2bn mark in FY 2023, the year ending...June 27, 2023
Ulta Beauty Q1 sales up 12.3% as market growth moderates
US-based retailer Ulta Beauty’s sales in the first quarter rose 12.3% to $2.63bn, on the back of...May 26, 2023
Chanel sees double-digit growth in 2022
Chanel’s eco-focused line N°1 de Chanel Chanel said it saw another year of record high sales...May 25, 2023
E.l.f. Beauty sales surge
Make-up brand e.l.f. Beauty saw sales in the fourth quarter surge 78% to $187.4m. Net income for...May 25, 2023
THG ends takeover talks with Apollo
UK-based THG has ended talks with private-equity firm Apollo Global Management about a possible takeover due to...May 12, 2023
Dufry sees 51% increase in organic revenue for Q1
Swiss travel retailer Dufry saw its consolidated turnover reach CHF2.36bn ($2.64bn) for the first quarter of 2023,...May 10, 2023
Coty Q3 sales up 9%
Coty’s sales for the third quarter of fiscal 2023, ending March 31, rose 9% to $1.29bn due...May 9, 2023
L’Occitane Group’s sales exceed €2bn in FY 2023
Sol de Janeiro became the second biggest brand for the L’Occitane Group in 2023 L’Occitane Group’s sales...May 5, 2023
Coty explores dual listing on Paris Stock Exchange
Coty Inc is exploring a listing on the Paris Stock Exchange, which would make it a...May 5, 2023
L’Oréal Paris tops world’s most valuable cosmetics brands list
French beauty brand L’Oréal Paris has topped a list of the world’s most valuable cosmetics brands...May 4, 2023
Henry Rose partners with Sandbridge for series A funding
Henry Rose fragrances Genderless fragrance brand Henry Rose, which was founded by Hollywood star Michelle Pfeiffer, has...May 4, 2023
ELC hit by slower Asia travel retail recovery in fiscal 2023 Q3
Estée Lauder Companies (ELC) reported a 12% decline in sales to $3.75bn in its third quarter...May 3, 2023
Firmenich revenues up 5.4% at constant currency for Q3
Swiss fragrance and flavor company Firmenich’s revenue rose 5.4% on a constant currency basis to CHF1.23bn ($1.39bn)...May 2, 2023
Ceremonia raises $10m in series A funding
Clean haircare brand Ceremonia has raised $10m in a series A investment round led by Sandbridge...April 27, 2023
La Prairie sales fall 12% in Q1
Beiersdorf-owned luxury brand La Prairie saw sales drop by 12% in the first quarter of 2023,...April 26, 2023
Symrise sales up 12.8% in Q1
Symrise’s sales reached €1.2bn for the first quarter 2023, up by 12.8% on the same period...April 26, 2023
P&G’s beauty sales up 3% in fiscal Q3
P&G reported a 4% increase in sales to $20.1bn for the third quarter of its fiscal...April 21, 2023
Robertet Groupe sales grow 16% in 2022
French fragrance house Robertet Groupe saw a 16% increase in sales in 2022 to Є703m. All...April 21, 2023
Inter Parfums Inc sales up 24% for Q1 2023
Inter Parfums Inc’s net sales rose to a record $312m for the first quarter of 2023, a...April 20, 2023
L’Oréal fund invests in three biodiversity projects
Inn River flowing in the forest in Switzerland. Aerial view from drone on a blue river in...April 20, 2023
L’Oréal sales up 14.6% in Q1 2023
L’Oréal said it saw a very strong start to 2023, with sales up 14.6% to €10.38bn...April 19, 2023
Lagardère Travel Retail sales up 44% for Q1 2023
Lagardère Travel Retail’s sales for the first quarter rose 44.2% on a like-for-like basis to €1.05bn, driven...April 18, 2023
Givaudan sales up 3.6% for Q1 2023
Givaudan’s Swiss headquarters Fragrance company Givaudan reported sales of CHF1.77bn ($1.99bn) in the first quarter of 2023,...April 14, 2023
Hermès sales up 23% in Q1
Hermès perfumery in New York Hermès’ sales rose 22.3% to €3.38bn in the first quarter of 2023....April 14, 2023
LVMH Q1 revenues up 17%
French group LVMH reported a 17% increase in first-quarter revenue to €21bn. The Perfumes & Cosmetics division’s...April 12, 2023
Beiersdorf raises sales forecast for 2023
German beauty company Beiersdorf AG has raised its full-year sales forecast after seeing a 12.2% increase in...April 6, 2023
Estée Lauder Companies invests in neuroscent brand
Estée Lauder Companies’ (ELC) early-stage incubator New Incubation Ventures has taken a minority stake in British wellness-fragrance...March 31, 2023