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
L’Oréal sees strong first-half, Q2 sales below analyst expectations
L’Oréal reported like-for-like growth of 6.8% for sales of €7.26bn in the second quarter, slightly below analysts...July 30, 2019
Dufry organic sales up 2.3% in second quarter
Swiss travel retailer Dufry saw organic growth of 2.3% in the second quarter. The company said the...July 30, 2019
LVMH sales up 15% in second quarter 2019
French group LVMH saw a 15% increase in sales in the second quarter of 2019 to €12.54bn....July 24, 2019
Chanel sales up 10.5% in 2018, denies sale rumors
Luxury group Chanel revealed that its revenues for 2018 rose 12.5% to $11.12bn in 2018, and sought...June 17, 2019
Coty sales down 10.4% in third quarter, narrows net loss
US-based Coty reported a 10.4% decline in sales to $1.99 for its third fiscal quarter, while net...May 8, 2019
Eurofragance 2018 sales reach €78m
Spain-based fragrance house Eurofragance reported sales of €78m in 2018, an 8% increase over last year. The...May 6, 2019
ELC sales up 11% in third fiscal quarter
Esteé Lauder Companies (ELC) reported an 11% increase in sales to $3.74bn and a 49% rise in...May 1, 2019
L’Oréal first-quarter sales up 11.4%
L’Oréal’s sales for the first quarter rose 11.4% to €7.55bn, buoyed once again by the Luxe and...April 16, 2019
LVMH sales up 16% in first quarter
French group LVMH saw a 16% increase in sales for the first quarter of 2019 to €12.54bn....April 10, 2019
Revlon fourth-quarter 2018 sales fall 5.7%
US-based Revlon’s fourth-quarter 2018 sales fell 5.7% to $741.6m, due to in part to lower sales at...March 18, 2019
Dufry 2018 sales up 3.7% despite difficult markets
Swiss travel retailer Dufry said it delivered resilient results in 2018 despite difficult market conditions in some...March 14, 2019
Interparfums SA sales up 8% in 2018, raises 2019 guidance
France-based Interparfums SA’s sales rose 8% to €455.3m in 2018, while net profit increased 18% to €47.1m....March 4, 2019
Beiersdorf launches investment program to respond to industry changes
German group Beiersdorf is to embark on multi-year investment program with €70m to €80m devoted to digitalization,...February 27, 2019
Macy’s to make cuts in top management
US department store operator Macy’s is to make cuts in top management to save $100m annually. In...February 26, 2019
Natura sees double-digit growth in sales and profit in fourth quarter 2018
Brazilian company Natura reported a double-digit increase in sales and net profit for the fourth quarter of...February 22, 2019
Alès Groupe sales fall 10.1% in 2018
France-based Alès Groupe reported sales of €208.3m in 2018, down 10.1% year-on-year (-8.9% at constant exchange rates)....February 15, 2019
Avon sales fall 10% in fourth quarter
Direct seller Avon Products’ sales fell 10% for the fourth quarter to $1.4bn. Like-for-like revenue in constant dollars...February 14, 2019
JAB Holding offers to buy another 20% of Coty
Investment company JAB Holding is offering to buy another 20% of Coty, of which it already owns...February 12, 2019
Launch of venture capital fund for beauty and wellness
A new US-based venture capital fund focused on beauty and wellness has launched. Called Sekhmet Ventures, it...February 12, 2019
Iberchem net sales up 16% in 2018
Spain-based flavor and fragrance company Iberchem Group posted revenues of €146m for 2018, up 16% compared to...February 11, 2019
Shiseido profit up 170% in fiscal 2018
Japanese group Shiseido’s net profit grew 169.9% to ¥61.4bn ($558.98m) for the fiscal year ended December 31,...February 8, 2019
Coty reports net loss of $960m for second quarter fiscal 2019
US-based Coty reported a 4.8% decline in net revenues to $2.51bn for the second quarter of fiscal...February 8, 2019