Beiersdorf sales down 8.2% in 2020
German group Beiersdorf’s sales fell 8.2% in 2020 to €7.025bn (down organically by 5.7%). Lockdowns in key...February 17, 2021
L’Oréal sees growth in fourth quarter, sales down 6.3% for full year 2020
L’Oréal reported a 6.3% drop in sales to €27.99bn in the full year 2020. On a like-for-like...February 11, 2021
Firmenich revenue up 4.9% in six months to December 2020
Swiss flavor and fragrance company Firmenich’s revenue rose 2.3% to CHF1.997bn ($2.24bn) in the six months ended...February 11, 2021
IFF sales down 1% in 2020
International Flavors & Fragrances’ (IFF) net sales for the full year 2020 fell 1% year-over-year to $5.08bn....February 11, 2021
Coty revenue down 16% in second quarter fiscal 2021
Coty’s sales fell 16% year-over-year to $1.42bn in the second quarter of fiscal year 2021 (the three...February 9, 2021
The Honest Company looking for valuation of $2bn in IPO, says report
Beauty and baby product company The Honest Company is said to be seeking a valuation of about...February 8, 2021
ELC sales up 5% in second quarter fiscal 2021
Estée Lauder Companies’ (ELC) net sales grew 5% year-over-year to $4.85bn in the second quarter of fiscal...February 5, 2021
Unilever turnover down 2.4% in 2020
Unilever’s total turnover fell 2.4% year-over-year in 2020 to €50.7bn. Turnover in the fourth quarter dropped 4.2%...February 4, 2021
e.l.f. Beauty sales up 10% in third quarter, raises fiscal 2021 outlook
US-based e.l.f. Beauty’s net sales increased 10% year-over-year in the third quarter of fiscal 2021 (three months...February 4, 2021
Alibaba revenue up 37% in December quarter
Alibaba Group’s revenue rose 37% year-over-year to Rmb221.1bn ($33.88bn) in the quarter ended December 31. Adjusted EBITDA...February 3, 2021
Amazon net sales up 38% in 2020, ceo Jeff Bezos to step down
Amazon reported strong results for the full year 2020 and announced that founder and ceo Jeff Bezos...February 3, 2021
Skin Inc raises $7m in pre-series A funding
Skincare brand Skin Inc Supplement Bar has raised S$10m ($7m) in funding led by Singapore-based investment fund...February 1, 2021
Salvatore Ferragamo fragrance sales down 52.4% in full year 2020
Italian luxury group Salvatore Ferragamo’s revenue fell 33.5% to €916m in full year 2020 compared to 2019....January 29, 2021
LVMH sales down 17% in 2020, cautiously confident for 2021
LVMH reported a 17% decline in sales (-16% on an organic basis) in 2020 to €44.7bn. The...January 26, 2021
IFF expects sales to remain flat in full year 2020
International Flavors & Fragrances’ (IFF) expects sales for the fourth quarter, the quarter ending December 31, to...January 26, 2021
Interparfums sales down 24% for 2020
Interparfums reported better-than-expected sales for 2020, down 24% over 2019 to €367.4m. At the beginning of December...January 26, 2021
P&G sales up 8% in second quarter fiscal year 2021
P&G’s sales for the second quarter of its fiscal year 2021 (three months ended December 31) grew...January 20, 2021
The Hut Group beauty revenue up 57.1% in full year 2020
UK-based The Hut Group’s (THG) revenue rose 41.4% to £1.61bn ($2.19bn) in the full year 2020 compared...January 12, 2021
Cathay Capital takes minority stake in Juliette has a gun
Investment firm Cathay Capital has taken a minority stake in French fragrance brand Juliette has a gun....January 12, 2021
L’Occitane’s Obratori invests in sustainable deodorant brand Paper Cosmetics
Sustainable deodorant brand Paper Cosmetics has closed its initial funding round led by L’Occitane Group’s venture capital...January 8, 2021
Walgreens Boots Alliance sales up 5.7% in first quarter fiscal 2021
Walgreens Boots Alliance (WBA) sales rose 5.7% year-over-year to $36.3bn in the first quarter of fiscal 2021,...January 7, 2021
Perfect Corp raises $50m in series C funding
AI and AR beauty company Perfect Corp has raised $50m in a series C funding round led...January 7, 2021
Indian online beauty retailer Nykaa planning IPO, says report
Indian online beauty retailer Nykaa E-Retail Pvt is planning an initial public offering (IPO) that would value...January 6, 2021
Intercos to sell minority stake
Cosmetics manufacturer Intercos president and executive chairman Dario Ferrari and his family holdings Dafe are set to...December 8, 2020
Beauty social commerce app Agora raises $6.6m in seed round
UK-based beauty social commerce platform Agora has raised $6.6m in seed funding led by venture capital firm...December 7, 2020
Ulta third quarter net sales down 7.8%
US-based beauty retailer Ulta Beauty’s net sales fell 7.8% year-over-year in the third quarter (thirteen weeks ended...December 4, 2020
Beauty community app Supergreat raises $6.5m
Beauty community app Supergreat has raised $6.5m in Series A funding led by venture capital firm Benchmark....December 3, 2020
Function of Beauty receives $150m investment
Private-equity firm L Catterton has invested $150m in beauty brand Function of Beauty. Fintech company CircleUp and...December 3, 2020
Interparfums expects better than previously forecast sales for 2020
Interparfums expects to end 2020 with sales of more than €340m, a decline of 30% over 2019....December 2, 2020
French start-up Ankorstore raises €25m in Series A funding
French online marketplace start-up Ankorstore has raised €25m in a Series A funding round led by venture...December 1, 2020