Eurazeo takes minority stake in Ex Nihilo
Eurazeo has taken a minority investment of around €25m in French niche fragrance brand Ex Nihilo.
THG beauty revenue up 2.6%in Q4
THG has reported continuing revenue growth of +1.1% in the fourth quarter of 2023.
Douglas sales up 8.3% in Q1
Douglas has reported net sales grew 8.3% to approximately €1.56bn in the first quarter.
Sa Sa International turnover up 36.7% in Q3
Sa Sa International has reported its turnover grew 36.7% year-over-year for the third quarter.
Cosnova sales up 32% in 2023
German beauty company cosnova has reported sales grew by 32% compared to 2022.
Galeria Karstadt Kaufhof files for bankruptcy
German department store chain Galeria Karstadt Kaufhof has filed for bankruptcy.
Ushopal Group invests in Chinese fragrance brand Documents
Ushopal Group has invested in high-end Chinese fragrance brand Documents.
Boots sales up 9.8% in Q1
Boots reported sales grew 9.8% year-over-year in the first quarter.
Dubai Duty Free reports sales of $2.16bn in 2023
Dubai Duty Free has reported record sales of US$2.16bn in 2023.
Hi!Papa completes Series A+ fundraising round led by L Catterton
Hi!Papa has completed a Series A+ fundraise led by investment firm L Catterton.
Douglas sales up 9.1% in Q4
Douglas reported a 9.1% increase in sales to
Estée Lauder Companies’ incubator invests in Chinese fragrance brand
Estée Lauder Companies has invested in Chinese fragrance brand Melt Season.
Ulta Beauty sales up 6.4% in Q3, names new CFO
Ulta Beauty has reported net sales rose 6.4% to $2.5bn for the third quarter.
Interparfums forecasts €880m-€900m in sales for 2024
Interparfums has projected it will reach annual sales of €880-€900m in 2024.
Macy’s sales and profits fall in Q3
US-based retailer Macy’s reported a 7% decline in net sales to $4.8bn in the third quarter....
Natura sales fall in Q3, weighed down by The Body Shop
Brazil-based Natura &Co’s sales fell 0.7% to R$7.5bn ($1.5bn) in the third quarter
Shiseido sales fall in Q3 on China and travel-retail declines, cuts forecast
Shiseido’s sales in the third quarter fell 2%, due to declines in China and travel retail
Coty sales up 18% in Q1, cancels sale of Wella stake
Coty has reported sales grew 18% to $1.64bn for the first quarter of fiscal year 2024.
IFF sales fall 8% in Q3
International Flavors & Fragrances’ (IFF) net sales dropped 8% in the third quarter to $2.82bn.
Unilever Ventures and True Beauty Ventures invest in The 7 Virtues
Unilever Ventures has partnered with True Beauty Ventures to complete the first institutional financing round for The 7 Virtues.
Dufry turnover up 16% in Q3
Dufry – soon to be named Avolta – has reported core organic growth of 16% for the combined group compared to the year prior.
Estée Lauder Companies’ sales hit by Asia travel retail and China declines
Estée Lauder Companies (ELC)’s net sales fell 10% to $3.52bn in its first quarter 2024 ended...
dsm-firmenich sales down 7% in Q3
dsm-firmenich has reported organic sales were down 7% in the third quarter.
Unilever unveils new strategy, names new CFO & beauty head
Unilever is to implement a new strategy aimed at addressing years of lackluster performance
L’Occitane sales up 17.1% in its second quarter
L’Occitane International has reported net sales rose 18.5% at reported rates to €1bn in the six months ended September 30 2023.
Beiersdorf sales up 11.2% in first nine months, La Prairie hit by daigou situation
German beauty company Beiersdorf reported organic sales growth of 11.2% to €7.3bn
Symrise organic sales up 6.4% in Q3
Symrise has reported sales grew 3.3% to €3,6bn in the first nine months of the year, versus the same period the year prior.
Hermès perfumes & cosmetics revenue up 3.5% in Q3
Hermès group has reported a 7.3% increase in sales for the third quarter to €3.37bncurrent exchange rates.
Interparfums Q3 sales up 10%
Interparfums has reported third quarter sales rose 10% at current exchange rates to €214.6m.
L’Oreal Q3 sales up, despite decline in Asia travel retail
L’Oréal reported a 4.5% increase in third-quarter sales to €10bn