Coty sees 6.6% decline in second quarter
Coty saw a 6.6% decline in second-quarter sales to $2.35bn. On a like-for-like basis, sales were down...February 5, 2020
FTC to block Edgewell’s acquisition of Harry’s
The Federal Trade Commission (FTC) filed a lawsuit Monday to block Edgewell Personal Care’s (EPC) pending $1.37bn...February 4, 2020
LVMH reports double-digit sales and profit growth for 2019
LVMH reported what it called another year of record growth, with sales up 15% to €53.7bn in...January 28, 2020
Interparfums sales up 6.4% in 2019
France-based Interparfums SA’s net sales rose 6.4% to €484.3m (+3.6% at constant exchange rates) in 2019, driven...January 28, 2020
Givaudan sales up 5% in 2019
Swiss flavor and fragrance company Givaudan’s sales rose 5.8% like-for-like to CHF6.2bn ($6.39bn) for full-year 2019. Sales...January 24, 2020
P&G sales up 5% in fiscal second quarter
US-based consumer goods company P&G’s net sales rose 5% to $18.2bn for the second quarter of fiscal...January 23, 2020
Luxury Brand Partners receives $50m minority investment
Bookend Capital Partners invested $50m in brand incubator Luxury Brand Partners (LBP). In addition to the minority...January 23, 2020
L’Occitane International sales up 17.9% in third quarter
L’Occitane International’s net sales for its fiscal third quarter (the three months ended December 31, 2019) rose...January 22, 2020
Bulgari invests in sustainable flower farming initiative
Bulgari (LVMH) is to invest in a sustainable flower farming project in India in partnership with fragrance...January 21, 2020
Beiersdorf sales up 4.1% in 2019
German group Beiersdorf’s preliminary organic sales for the full year 2019 were up 4.1% to €7.65bn. In...January 16, 2020
Ilia Beauty gets Series B funding
US-based clean cosmetics brand Ilia Beauty has secured Series B funding led by investment company Sandbridge Capital...January 10, 2020
John Lewis managing director to step down
UK-based retailer John Lewis & Partners’ managing director Paula Nickolds is to leave the company, as the...January 9, 2020
Dubai Duty Free 2019 sales reach $2.029bn
Travel retailer Dubai Duty Free’s sales for 2019 came in at Dhs7.406bn ($2.029bn), compared with $2.015bn in...January 2, 2020
The Hut Group raises £1bn
UK-based The Hut Group (THG) has raised £1bn ($1.3bn) through new and existing debt and equity investors....December 17, 2019
Ulta Beauty sales up 7.9% in third quarter
US-based beauty retailer Ulta Beauty reported a 7.9% increase in sales to $1.68bn for the third quarter...December 6, 2019
Quadpack begins trading on the Euronext Growth stock exchange
Packaging manufacturer Quadpack has begun trading on the Euronext Growth stock exchange in Paris, France. The company’s...November 26, 2019
L’Occitane sales up 22% in fiscal first half
L’Occitane International’s sales for the first half of fiscal 2020 rose 22.1% to €727.16m, fueled by growth...November 25, 2019
Natura’s purchase of Avon approved, reports Q3 growth
Brazil’s Natura revealed that its acquisition of Avon has been approved by Natura and Avon shareholders. The...November 14, 2019
L’Oréal’s third-quarter sales up 7.8%
L’Oréal saw a 7.8% increase in like-for-like sales to €7.18bn in the third quarter of 2019, its...October 29, 2019
Unilever turnover up 5.8% in third quarter 2019
Unilever’s turnover for the third quarter of 2019 increased 5.8% to €12.5bn. Turnover was driven by sales...October 17, 2019
LVMH Hong Kong business fell 25% in Q3
LVMH saw a 25% decline in business in Hong Kong during the third quarter of 2019, the...October 11, 2019
LVMH third-quarter sales up 17%
LVMH reported a 17% increase in sales in the third quarter to €13.32bn. Organic growth was 11%....October 9, 2019
L’Oréal to pay €320m in settlement with French tax authorities
L’Oréal says it has come to an agreement with the French tax authorities to pay a total...September 23, 2019
Court rejects bid to block Debenhams rescue plan
UK department-store group Debenhams, which fell into administration in April, will be able to implement its proposed...September 20, 2019
Robertet sales and profit up in first half 2019
France-based flavor and fragrance group Robertet’s sales grew 6.2% to €287.7m in the first half of 2019,...September 19, 2019
L’Oréal invests in fund focused on Indian brands
L’Oréal has invested in Fireside Ventures, an early-stage investment fund focused on consumer brands in India. L’Oréal...September 4, 2019
Ulta revises full year outlook due to challenges in US cosmetics market
US-based retailer Ulta Beauty revised down its outlook for the full fiscal year 2019 as a result...August 30, 2019
Coty sales fall 8% in Q4, loss widens
Coty reported an 8% decline in sales for the fourth quarter to $2.12bn, while net loss widened...August 28, 2019
Henkel invests in digital start-ups
German company Henkel has invested in two digital beauty start-ups: Purish and youtiful. Purish, founded in Berlin...August 22, 2019
Estée Lauder Companies sales up 9% for Q4 and full year
Estée Lauder Companies (ELC) reported a 9% increase in fourth-quarter sales to $3.59bn, driven by China, emerging...August 19, 2019