L’Oréal CEO on balanced growth, China and beauty’s resilience
Copyright: Hervé Abbadie/L’Oréal Last year, L’Oréal saw is best and most balanced growth since 1999, outperforming the...February 13, 2023
Unilever turnover up 14.5% in 2022
Unilever’s turnover increased 14.5% to €60.1bn in 2022 compared to 2021. Underlying sales growth was 9%, pricing...February 10, 2023
Shiseido launches new medium-term strategy
Japanese company Shiseido has launched a new medium-term strategy aimed at achieving a CAGR in net sales...February 10, 2023
L’Oréal sales up 18.5% in 2022
L’Oréal reported an 18.5% increase in sales for the full year 2022 to €38.26bn. On a like-for-like...February 9, 2023
IFF net sales up 7% in 2022
US-based International Flavors & Fragrances’ (IFF) net sales rose 7% to $12.44bn in 2022 compared to 2021....February 9, 2023
Coty net revenues down 3% in Q2
US-based Coty’s second-quarter net revenues fell 3% year-over-year to $1.52bn and increased 4% on a like-for-like basis....February 8, 2023
Bogart revenue up 19.2% in 2022
French cosmetics and fragrance company Bogart’s revenue rose 19.2% to €293m in 2022 compared to 2021. Fourth-quarter...February 3, 2023
ELC net sales down 17% in Q2
The Estée Lauder Companies (ELC) net sales fell 17% to $4.62bn in the second quarter of fiscal...February 2, 2023
Amorepacific Group revenue down 15% in 2022
South Korean beauty company Amorepacific Group’s revenue fell 15% to Krw4.13 trillion ($3.38bn) in 2022 compared to...February 2, 2023
e.l.f. Beauty net sales up 49% in Q3
US-based e.l.f. Beauty’s net sales increased 49% to $146.5m in the third quarter of 2022 compared to...February 2, 2023
Unilever Ventures invests in haircare brand Straand
Unilever’s venture capital arm Unilever Ventures has invested in Australia-based haircare brand Straand, as part of...February 1, 2023
LVMH full-year 2022 sales up 23%
LVMH called 2022 a record year, despite the geo-political and economic situation as it reported a 23%...January 26, 2023
Givaudan like-for-like sales up 5.3% in 2022
Swiss flavor and fragrance company Givaudan’s like-for-like sales rose 5.3% to CHF7.1bn ($7.73bn) in 2022 compared to...January 25, 2023
Interparfums’ sales up 26% in 2022
Interparfums’ sales rose 60% to €192.6m in the fourth quarter of 2022 compared to the same period...January 24, 2023
Makeup by Mario receives $40m investment
US-based brand Makeup by Mario has received a $40m minority growth investment from private investment firm Provenance...January 20, 2023
Thirteen lune raises $8m
US-based beauty e-commerce platform thirteen lune has raised $8m in a seed plus round, with new participation...January 19, 2023
P&G net sales down 1% in Q2
US-based P&G’s net sales fell 1% to $20.8bn in the second quarter of fiscal year 2023 (October...January 19, 2023
Forma Brands files for bankruptcy
US-based Forma Brands has filed for bankruptcy. Forma Brands parent company, FB Debt Financing Guarantor, LLC, has...January 12, 2023
Symrise invests in Ignite Venture Studio
German flavor and fragrance company Symrise has invested in US-based Ignite Venture Studio. The investment is part...January 11, 2023
The Fragrance Shop’s holiday sales up 11.2%
UK-based retailer The Fragrance Shop’s underlying sales rose 11.2% in the six weeks ending December 31, 2022...January 10, 2023
Dubai Duty Free sales reach $1.74bn in 2022
Travel retailer Dubai Duty Free’s (DDF) sales reached $1.74bn in 2022, a 78% increase over 2021,...January 3, 2023
Douglas sales increase 7.6% in Q4, up 17% in full year
Germany-based beauty retailer Douglas’ sales increased 7.6% year-over-year to €809.7m in the fourth quarter of fiscal...December 20, 2022
Skincare brand Innbeauty Project raises $12m
Clean skincare brand Innbeauty Project has raised $12m in Series B funding led by growth equity fund...December 16, 2022
L’Occitane partners with Kering to launch sustainability fund
L’Occitane Group and luxury group Kering have partnered to launch a sustainability fund. The Climate Fund for...December 12, 2022
Yatsen to close more Perfect Diary stores
Chinese beauty company Yatsen is to close more stores for its make-up brand Perfect Diary, as color...December 8, 2022
Ulta Beauty sales up 17.2% in Q3, raises guidance
US-based beauty retailer Ulta Beauty’s net sales increased 17.2% to $2.3bn in the third quarter of fiscal...December 2, 2022
Unilever invests in Indonesian beauty brand Esqa
Unilever’s venture capital arm Unilever Ventures has invested in Indonesian beauty brand Esqa. The move marks Unilever...December 1, 2022
Interparfums raises full-year outlook
Interparfums has raised its guidance for 2022 and expects full-year revenue to increase 20% to between €670m...November 23, 2022
Bogart turnover up 11.5% in Q3
French cosmetics and fragrance company Bogart’s third-quarter turnover increased 11.5% year-over-year to €66.8m. Turnover in the first...November 21, 2022
Macy’s net sales down 3.9% in Q3
US-based department-store group Macy’s third-quarter net sales fell 3.9% to $5.2bn compared to the same period the...November 17, 2022