P&G net sales up 1% in Q3
P&G reported net sales were up 1% in the third quarter fiscal year 2024 to $20.2bn.
L’Oréal sales up 8.3% in first quarter 2024
L’Oréal said it saw a very good start to the year, with sales up 8.3% to €11.24bn in the first quarter
Puig looks to valuation of up to €13.9bn in IPO
Puig is to sell its shares at between €22 and €24.50 per share in its IPO.
Eurofragance sales up by more than 20% in 2023
Eurofragance reported sales rose in 2023 by more than 20% on a like-for-like basis versus 2022 to €146m
LVMH Perfumes & Cosmetics revenues up 3% in Q1
LVMH’s sales fell 2% in the first quarter of 2024 to €20.7bn. On an organic basis, revenues rose 3%.
Beiersdorf organic sales up 7.3% in Q1
Beiersdorf has reported organic sales increased 7.3% to €2.6bn in the first quarter.
Douglas Group reduces debt as sales increase 11.5% in Q2
Douglas Group has reduced its net debt by one billion euros following its listing on the Frankfurt Stock Exchange.
Robertet net income down 1.9% in 2023
Robertet reported consolidated net income was €74.6m in 2023, a fall of 1.9% compared to 2022
Givaudan sales up 12.6% in Q1
Givaudan has reported sales of CHF 1.82bn ($1.97bn) in the first three months of 2024, up 12.6% on a like-for-like basis.
Croda’s Fragrances and Flavours sales surpass €290m in 2023
Croda’s Fragrances and Flavours (F&F) business reported sales surpassed €290m for the first time in 2023, increasing by 17%.
Estée Lauder Companies fund invests in KIKI World
KIKI World has received $7m in funding led by venture capital fund a16z crypto and The Estée Lauder Companies' New Incubation Ventures.
Puig announces plans to list on stock exchange
Spanish company Puig announced that it plans to float on the
Manzanita Capital said to be preparing to sell Space NK
Private investment firm and owner of Space NK, Manzanita Capital, is preparing to sell the beauty retailer for over £300m, according to Sky News.
L’Oréal said to be considering stake in Amouage
L’Oréal is said to be considering a possible investment in Omani fragrance brand Amouage.
Ulta Beauty’s share price falls on talk of cooling consumer demand
Ulta Beauty’s stock fell as much as 15% on Wednesday April 3, the most since March 2020, according to Bloomberg.
Fable Investments acquires stake in Eadem
Natura &Co’s corporate venture capital arm, Fable Investments, has invested in beauty brand Eadem.
Saks Fifth Avenue in talks to raise financing to buy Neiman Marcus
The owners of Saks Fifth Avenue are in talks to raise financing to boost the cash portion of a bid to buy rival Neiman Marcus
Boots sales up 5.9% in Q2
UK-based retailer Boots reported retail sales growth of 5.9% for the second quarter of the year.
900.care raises €21m in funding
France-based refillable personal-care brand 900.care has raised €21m in funding.
AS Watson sales up 8% in 2023 to $23.4bn
Hong Kong-based AS Watson generated revenue of HK$183.3bn ($23.4bn) in the year ended December 31, 2023, up 8% over last year.
Lalique Group sales up 5% in 2023
Lalique Group has reported operating revenue of about €179.2m in its preliminary, unaudited figures for the 2023 financial year.
Unilever to cut 7,500 jobs
Unilever is to cut around 7,500 jobs globally which is expected to save the company approximately €800m.
Ulta Beauty to expand to Mexico, sales up 10.2% in Q4
Ulta Beauty is to form a joint venture with brand distributor Grupo Axo to launch and operate Ulta Beauty in Mexico in 2025.
Kohl’s sales down 1.1% in Q4
US-based department store chain Kohl’s has reported fourth quarter net sales fell 1.1% year-over-year to $5.7bn.
Natura &Co sales down 17.4% in Q4 2023, net loss widens
Natura &Co has reported consolidated net revenue in Q4 2023 rose 4.5% in constant currency to BRL 6.6bn ($1.32bn).
HMV owner considering rescue bid for The Body Shop
Canadian businessman Doug Putman is considering a rescue bid for The Body Shop, according to the Telegraph.
Douglas Group sets share price range for IPO
German beauty retailer Douglas Group has set the price range for its IPO on the Frankfurt Stock Exchange at €26.00 to €30.00 per share.
Nordstrom unveils key priorities for 2024
US-based retailer Nordstrom has unveiled its three key priorities for 2024 in its Q4 2023 earnings call.
Puig sees record revenues of €4.3bn in 2023
Spanish company Puig reported record net revenues of €4.3bn in 2023, a rise of 19% compared to 2022.
Avolta core turnover up 21.6% in 2023
Avolta has reported consolidated turnover of CHF 12.78bn ($14.5bn) in FY 2023.