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
Pola Orbis net sales down 6.9% in Q3
Japanese group Pola Orbis’ third-quarter net sales fell 6.9% to ¥119.65bn ($856.94m) compared to the same period...November 17, 2022
Augustinus Bader raises $25m
Skincare brand Augustinus Bader has raised $25m in funding led by historical investor Impala, in addition to...November 14, 2022
Shiseido’s nine-month sales up 4.7%
Shiseido’s sales for the first nine months of the year rose 4.7% to ¥762.7bn ($5.4bn). On a...November 11, 2022
Natura &Co revenue down 5.7% in Q3
Brazilian company Natura &Co’s third-quarter net revenue fell 5.7% year-over-year to R$9bn ($1.69bn). Net revenue grew 2.2%...November 10, 2022
Revlon sales down 10.1% in Q3
US-based Revlon’s net sales fell 10.1% to $468.4m in the third quarter of 2022 (the three months...November 9, 2022
Coty revenues up 1% in Q1
US-based Coty’s first-quarter net revenues increased 1% year-over-year to $1.39bn. Like-for-like revenue was up 9% compared to...November 8, 2022
IFF net sales flat in Q3, lowers outlook
US-based International Flavors & Fragrances’ (IFF) third-quarter net sales were flat at $3.06bn compared to the same...November 8, 2022
5th Century Partners invests $20m in Peace Out Skincare
US-based investment firm 5th Century Partners has invested $20m in skincare brand Peace Out Skincare. The investment...November 8, 2022
e.l.f. Beauty sales up 33% in Q2, raises outlook
US-based e.l.f. Beauty’s net sales rose 33% year-over-year to $122.3m in the second quarter of fiscal 2023...November 3, 2022
Sa Sa turnover down 1.1% in Q2
Hong Kong-based beauty retailer Sa Sa’s second-quarter (July to September) turnover fell 1.1% HK$750.1m ($95.55m) versus the...November 3, 2022
Amorepacific revenue down 15.9% in Q3
South Korean beauty company Amorepacific Group’s revenue fell 15.9% to Krw1.02 trillion ($714.77m) in the third quarter...November 3, 2022
ELC net sales down 11% in Q1, lowers outlook
The Estée Lauder Companies’ (ELC) net sales fell 11% year-over-year to $3.93bn in the first quarter ended...November 2, 2022
Beauty players raise guidance
A number of beauty players raised guidance earlier this week, due to strong quarterly earnings. Companies cited...October 27, 2022
L’Occitane sales up 24.9% in Q2
L’Occitane Group’s second-quarter net sales rose 24.9% year-over-year to €484.5m. Sales were up 16.2% at constant rates....October 27, 2022
Unilever turnover up 17.8% in Q3, raises guidance
Unilever’s third-quarter turnover rose 17.8% year-over-year to €15.8bn. Turnover increased 16.1% to €45.6bn in the first nine...October 27, 2022
Beiersdorf sales up 11.1% in first nine months, raises guidance
German group Beiersdorf’s sales rose 11.1% year-over-year in organic terms to €6.7bn in the first nine months...October 27, 2022
Perfect Corp goes public through SPAC
AI and AR beauty company Perfect Corp’s merger with special purpose acquisition company (SPAC) Provident Acquisition Corp...October 26, 2022