P&G sales up 5% in first quarter
P&G’s net sales for the first quarter of its fiscal year 2022 (three months ended September 30)...October 19, 2021
Saks e-commerce business aiming for $6bn valuation in IPO
US-based department store Saks Fifth Avenue’s e-commerce arm Saks is preparing for an initial public offering (IPO),...October 19, 2021
Walgreens Boots Alliance sales up 12.8% in fourth quarter
Walgreens Boots Alliance’s (WBA) sales rose 12.8% to $34.3bn in the fourth quarter (the three months ended...October 14, 2021
Skincare brand Innbeauty Project receives minority investment
Clean skincare brand Innbeauty Project has received a minority investment, led by equity firm Strand Equity and...October 12, 2021
Givaudan Fine Fragrance sales up 28.6% in first nine months
Swiss flavor and fragrance company Givaudan’s sales rose 7.7% on a like-for-like basis to CHF5.07bn ($5.45bn) in...October 12, 2021
North Castle Partners invests in skincare brand Glow Recipe
Private equity firm North Castle Partners has invested in indie skincare brand Glow Recipe. The brand will...October 5, 2021
Coty to sell 9% stake in Wella to KKR
Coty is to sell a 9% stake in Wella for $426.5m to investment firm KKR. The move...October 1, 2021
Business-to-business platform Novi raises $10.3m in funding
San Francisco-based Novi has raised $10.3m in new funding led by venture capital and private equity firm...September 23, 2021
The Hut Group to separate beauty division, plans to publicly list it in 2022
UK-based The Hut Group (THG) is to separate its beauty division and publicly list it in 2022....September 17, 2021
Puig invests in Chinese fragrance brand Scent Library
Spanish company Puig has made a minority investment in Chinese fragrance brand Scent Library. Scent Library retails...September 16, 2021
Kdc/one aims to raise up to $857.14m in US IPO
Formulator and manufacturer Knowlton Development Corporation (kdc/one) is aiming to raise up to $857.14m in an initial...September 15, 2021
Shopee parent company Sea aims to raise $6.3bn
Singapore-based Sea Limited is aiming to raise $6.3bn to fund expansion and potential acquisitions. The Southeast Asian...September 10, 2021
Beauty Pie raises $100m in Series B funding
UK-based Beauty Pie has raised $100m in Series B funding. Venture capital firm Index Ventures co-led the...September 8, 2021
Coty Q4 revenues up 90%, gains in Americas and China
Coty’s revenues rose 89.6% in the fourth quarter (the three months ended June 30) to $1.06bn compared...August 26, 2021
Ulta first six months sales up 62.7%, raises fiscal 2021 outlook
US beauty retailer Ulta Beauty’s sales grew 60.2% to $2bn in the second quarter of fiscal 2021,...August 26, 2021
Douglas Q3 sales up 16.8%
German beauty retailer Douglas saw sales increase 16.8% to €644m for its third quarter (April to June)...August 25, 2021
Macy’s Q2 sales up 5.8% over 2019
US retailer Macy’s said that its second-quarter results were better than expected, with comparable sales up 61.2%...August 20, 2021
ELC reports strong sales and profits for fiscal Q4 and full year
Estée Lauder Companies (ELC) reported a 13% increase in sales to $16.22bn for its fiscal year ended...August 19, 2021
Natura &Co revenue up 36.2% in second quarter
Natura &Co reported a 36.2% increase in revenue to R$9.5bn (US$1.8bn) in the second quarter, driven by...August 13, 2021
Firmenich sees fine fragrance rebound in second half of FY2021
Swiss flavor and fragrance company Firmenich said that a rebound in fine fragrance and a strong second...August 6, 2021
Symrise sees 9.7% growth in first half, raises full-year forecasts
German flavor and fragrance company Symrise reported a 9.7% increase in organic sales in the first half...August 5, 2021
Hermès Perfume & Beauty sales up 17% over 2019 in H1
France’s Hermès reported a 77% increase in sales in the first half compared with the same period...July 30, 2021
L’Oréal first-half sales grow 20.7%, up 6.6% on 2019
L’Oréal said it saw an exceptional first half, with like-for-like sales up 20.7% to €15.19bn compared with...July 29, 2021
LVMH sales and profits up double digits in first half over 2019
LVMH reported a 56% increase in sales to €28.7bn in the first half of 2021 compared with...July 26, 2021
Unilever sees growth in prestige and skincare in first half
Unilever reported underlying sales growth of 5% in the second quarter, while underlying sales growth came in...July 22, 2021
Givaudan fine fragrance sales rise 34.5% in first half
Givaudan saw like-for-like sales grow 7.9% to CHF3.37bn ($3.66bn) for the first half of the year, while...July 22, 2021
Mavive turnover up 7% in first half compared with 2019
Italy-based Mavive’s turnover rose 28% year-over-year in the first half of 2021. Turnover increased 7% compared to...July 21, 2021
Interparfums second-quarter sales climb 20% on 2019 levels, raises guidance
France-based Interparfums reported a 19.5% increase in sales in the second quarter 2021 compared with 2019 to...July 20, 2021
Livestream shopping platform Popshop Live valued at $100m in Series A funding
US-based livestream shopping platform Popshop Live has raised a Series A funding round led by Benchmark Investments,...July 9, 2021
Glossier raises $80m
Beauty brand Glossier has raised $80m in Series E funding led by Lone Pine Capital. Existing investors...July 7, 2021