Hermès Perfume and Beauty revenue up 20% in Q1
Hermès’ revenue rose 33% year-over-year to €2.76bn in the first quarter of 2022. Revenue increased 27% at...April 14, 2022
Beiersdorf sales up 10.3% in Q1
German group Beiersdorf’s sales grew 10.3% on an organic basis to €2.21bn in the first quarter of...April 14, 2022
LVMH Q1 perfumes & cosmetics sales up 23%
LVMH’s sales rose 29% year-over-year to €18bn in the first quarter of 2022. Organic revenue rose 23%...April 13, 2022
Givaudan sales up 4.6% in first quarter
Swiss flavor and fragrance company Givaudan’s sales rose 4.6% year-over-year on a like-for-like basis to CHF1.78bn ($1.91bn)...April 13, 2022
Farfetch to take minority stake in Neiman Marcus Group
Online luxury retailer Farfetch is to invest up to $200m for a minority stake in US department-store...April 5, 2022
Puig revenues up 27% in 2021 compared to 2019
Spanish company Puig’s net revenues rose 68% to €2.58bn in 2021 compared to 2020. Net revenues grew...April 4, 2022
KKR invests in kdc/one
Investment firm KKR has invested in formulator and manufacturer Knowlton Development Corporation (kdc/one). Financial terms of the...April 1, 2022
Eurofragance sales up 20% in 2021
Spain-based fragrance house Eurofragance’s sales rose 20% to €94m in 2021 compared to 2020. Regions such as...March 31, 2022
L’Occitane’s Obratori invests in haircare brand In Haircare
France-based start-up In Haircare has closed its initial funding round led by L’Occitane Group’s venture capital fund...March 28, 2022
Intercos sales up 11.1% in 2021
Cosmetics manufacturer Intercos’ net sales rose 11.1% to €673.7m in 2021 compared to 2020. Net sales grew...March 25, 2022
CK Hutchison retail sales up 9% in 2021
Hong Kong-based CK Hutchison’s retail division’s revenue rose 9% year-over-year to HK$173.6bn ($22.18bn) in 2021. The company’s...March 24, 2022
Ulta Beauty sales up 40.3% in fiscal 2021
US beauty retailer Ulta Beauty’s net sales rose 40.3% to $8.6bn in fiscal 2021 compared to fiscal...March 11, 2022
Natura &Co net revenue up 8.8% in 2021
Brazil-based Natura &Co’s revenue rose 8.8% to R$40.16bn ($8.01bn) in 2021 compared to 2020. Revenue rose 3.8%...March 10, 2022
Pola Orbis pushes back financial targets by a year
Japanese group Pola Orbis has moved back its financial targets for fiscal years 2022 and 2023 by...March 9, 2022
Symrise sales up 8.7% in 2021
German flavor and fragrance company Symrise’s sales rose 8.7% year-over-year to €3.83bn in 2021. Sales grew 9.6%...March 1, 2022
Beiersdorf sales up 8.6% in fiscal year 2021
German group Beiersdorf’s sales rose 8.6% nominally (+9.7% on an organic basis) to €7.62bn in fiscal year...March 1, 2022
Alibaba sees slowest quarterly revenue growth since 2014
Alibaba’s revenue rose 10% year-over-year to Rmb242.58bn ($38.37bn) in the quarter ended December 31, 2021, its slowest...February 28, 2022
Robertet sales up 12.6% in 2021
French fragrance house Robertet’s sales rose 12.6% year-over-year to €606.1m in 2021. Sales grew 14.8% at constant...February 24, 2022
Henkel Beauty Care sales down 2% nominally in fiscal 2021
German group Henkel’s sales rose 4.2% year-over-year to €20.1bn in fiscal 2021. On an organic basis sales...February 23, 2022
Ipsy and BoxyCharm parent company raises $96m
Beauty For All Industries (BFA) has raised $96m led by TPG Growth. BFA owns beauty subscription brands...February 23, 2022
L’Oréal reports strong sales and profit growth for 2021
L’Oréal called 2021 a historic year, as it reported a 16.1% like-for-like increase in sales, twice the...February 9, 2022
LVMH 2021 sales up 20% vs 2019
LVMH’s sales for 2021 rose 44% compared to 2020, and 20% versus 2019 to €64.2bn. On an...January 27, 2022
Interparfums sees record 2021
Jimmy Choo I Want Choo Interparfums’ sales for 2021 rose 52.7% over 2020 to €560.8m, which company...January 25, 2022
Il Makiage parent company receives $130m investment
US-based beauty brand Il Makiage’s parent company Oddity has closed a $130m private funding round that values...January 10, 2022
Raise Investissement in talks to invest in Blissim
Venture capital firm Raise Investissement is in talks with French beauty subscription service Blissim to acquire a...January 10, 2022
Ankorstore raises €250m in Series C funding
French online marketplace Ankorstore has raised €250m in Series C funding led by Bond and Tiger Global,...January 10, 2022
Tencent to reduce stake in Sea
Chinese internet and technology company Tencent is to reduce its stake in Singapore-based Sea Limited from 21.3%...January 7, 2022
Walgreens Boots Alliance sales up 7.8% in first quarter
Walgreens Boots Alliance’s (WBA) sales rose 7.8% year-over-year to $33.9bn in the first quarter of fiscal 2022...January 6, 2022
Douglas full year performance hit by lockdowns, e-commerce grows
German beauty retailer Douglas pointed to the strength of e-commerce, as it reported a 7.3% increase in...December 21, 2021
Skincare brand Facetheory raises £10m
British skincare brand Facetheory has raised £10m ($13.25m) in Series A funding from London-based investment firm Active...December 15, 2021