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
Bogart completes €30m bond issue
French cosmetics and fragrance company Bogart has completed a €30m Euro PP bond offering. Proceeds from the...December 14, 2021
Universal Beauty Group raises €6m
French natural cosmetics company Universal Beauty Group has raised €6m from a group of investors led...December 10, 2021
Inter Parfums raises 2021 guidance
Inter Parfums Inc has raised its guidance for 2021. The company is now aiming for net sales...December 9, 2021
L’Oréal to buy back 4% stake from Nestlé
L’Oréal is to buy back 4% of its own shares held by Swiss group Nestlé for a...December 8, 2021
Ulta Beauty sales up 28.6% in third quarter, raises guidance
US beauty retailer Ulta Beauty’s net sales increased 28.6% year-over-year to $2bn in the third quarter (the...December 3, 2021
Hermès to join Euro Stoxx 50
France’s Hermès International is to be added to one of Europe’s main equity benchmarks the Euro Stoxx...December 2, 2021
ByteDance invests in Dubai-based delivery service iMile
Chinese company ByteDance has invested in Dubai-based iMile Delivery LLC, as part of the company’s series A...November 30, 2021
Makeup Revolution to launch in 2,800 stores in the US
UK-based Revolution Beauty Group is to launch its cosmetics brand Makeup Revolution in 2,800 mass-market retail stores...November 25, 2021
Men’s grooming brand Manscaped to go public with SPAC
Men’s grooming brand Manscaped has inked a deal with special purpose acquisition company (SPAC) Bright Lights...November 24, 2021
French start-up Beautigloo raises €2.7m
French start-up Beautigloo has raised €2.7m in its first funding round. Investors include business angels brought together...November 19, 2021
Fable invests in skincare brand Stratia
Brazil-based Natura &Co’s venture capital arm Fable Investments has invested $2m in skincare brand Stratia. This represents...November 19, 2021
Coty aims for 6% to 8% annual sales growth through 2025
Coty is targeting net revenues to grow 6% to 8% annually like-for-like through fiscal year 2025, which...November 18, 2021
Sa Sa turnover up 24.2% year-over-year in first half
Hong Kong-based beauty retailer Sa Sa’s retail and wholesale turnover increased 1.4% year-over-year in the third quarter...November 18, 2021
Interparfums expects sales of between €560m and €570m in 2022
Interparfums expects to see annual sales of between €560m and €570m in 2022. While the company acknowledges...November 16, 2021
Natura &Co revenue down 4.2% in third quarter
Brazil-based Natura &Co’s revenue fell 4.2% year-over-year to R$9.5bn ($1.76bn) in the third quarter of 2021. The...November 12, 2021
Shiseido sales up 14% in first nine months, lowers full-year forecast
Japanese company Shiseido’s sales rose 14% year-over-year to ¥745.37bn ($6.55bn) in the first nine months of 2021...November 10, 2021
Purplle.com raises $75m in funding
Indian online beauty retailer Purplle.com has raised $75m in funding led by private equity firm Kedaara, Sequoia...November 10, 2021
IFF Scent sales up 9% in third quarter
US-based flavor and fragrance company International Flavors & Fragrances (IFF) sales rose 142% year-over-year to $3.07bn in...November 9, 2021
Coty Q1 revenues up 22%, to sell additional 4.7% stake in Wella
Coty’s revenues rose 22% (+20.6% like-for-like) year-over-year to $1.37bn in the first quarter of fiscal 2022 (the...November 8, 2021
e.l.f. Beauty sales up 27% in second quarter fiscal 2022
US-based e.l.f. Beauty’s net sales rose 27% year-over-year to $91.9m in the second quarter of fiscal 2022...November 4, 2021
Intercos IPO values company at €1.2bn
Cosmetics manufacturer Intercos priced its initial public offering (IPO) at €12.50 per share, valuing the company at...November 2, 2021