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
ELC sales up 23% in first quarter fiscal 2022
The Estée Lauder Companies’ (ELC) net sales rose 23% year-over-year to $4.39bn in the first quarter of...November 2, 2021
Beiersdorf sales up 9.9% in the first nine months
German group Beiersdorf’s sales rose 9.9% year-over-year to €5.76bn (+12% on an organic basis) in the first...October 28, 2021
Dufry sees improvement in third quarter driven by Americas and EMEA
Swiss travel retailer Dufry’s turnover rose 177.1% (+174.7% in organic terms) year-over-year to CHF1.35bn ($1.47bn) in the...October 28, 2021
L’Occitane Group second-quarter sales up 7% on 2019
L’Occitane Group’s net sales rose 13.3% (+11.4% at constant rates) year-over-year to €387.88m in the second quarter...October 28, 2021
Interparfums third-quarter sales up 35% on 2019, raises guidance
France-based Interparfums reported a 35% increase in sales in the third quarter 2021 compared with 2019 to...October 27, 2021
Inter Parfums Inc net sales up 64% in third quarter, raises guidance
Inter Parfums Inc’s net sales rose 64% year-over-year to $262.7m in the three months ended September 30....October 26, 2021
L’Oréal reports strong third quarter
L’Oréal said it saw a ‘remarkable acceleration’ in the third quarter, with sales up 13.6% to €7.99bn....October 21, 2021
Unilever turnover up 4% in third quarter, Prestige Beauty grows double digits
Unilever turnover increased 4% year-over-year in the third quarter of 2021 to €13.5bn. Turnover was up 1.7%...October 21, 2021
Hermès Perfume and Beauty sales up 19.6% over 2019 in third quarter
Hermès’ revenue rose 54% to €6.6bn in the first nine months of 2021 compared to the same...October 21, 2021
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