Sa Sa closes all brick-and-mortar stores in mainland China
Sa Sa International has closed its remaining 18 brick-and-mortar stores in Mainland China.
Dolce&Gabbana said to have secured €150m for beauty expansion
Dolce&Gabbana is said to have secured additional financing from its lenders to support its expansion into the beauty and real estate sectors.
Pola Orbis to close China business
Pola Orbis Holdings is to close down its subsidiary Orbis Beijing.
Sephora at Kohl’s sales up 6% in Q1
US-based retailer Kohl’s net sales fell 4.1% year-over-year to $3bn in the first quarter. Comparable sales fell...
Ulta Beauty reports better-than-expected Q1 sales
Ulta Beauty has reported net sales rose 4.5% to $2.8bn in the first quarter.
Macy’s sales down 5.1% in Q1
Macy’s net sales dropped 5.1% in the first quarter to $4.6bn.
L’Oréal makes minority investment in Chinese biotech
L’Oréal has made a minority investment in Chinese biotech company Veminsyn.
Target sales down 2.8% in Q1
Target Corporation reported net sales fell 2.8% to $23.8bn in the first quarter.
LVMH said to be cautioning investors about weak demand
LVMH is said to be cautioning investors and analysts that demand remains weak, according to Bloomberg.
Chanel sales and profits decline in 2024
Chanel’s revenues were down 5.3% in 2024 to $18.7bn in 2024, while operating profit fell 30%
IEVA Group receives minority investment from Reworld Media
Beauty company IEVA Group has secured a €3m capital increase from media company Reworld Media.
India’s Colorbar Cosmetics plans to go public
Indian beauty brand Colorbar Cosmetics is planning to go public in early 2027.
Avolta turnover up 5.3% in Q1
Avolta’s reported turnover in the first quarter of 2025 totaled CHF 3.10bn ($3.7bn).
Shiseido sales down 8.5% in Q1
Shiseido’s net sales in the first three months of fiscal year 2025 fell 8.5% year-over-year to ¥228.2bn on a reported basis
IFF sales down 2% in Q1
IFF's Scent segment sales rose 4% in the first quarter.
Coty revenue down 6% in Q3
Coty’s net revenue fell 6% on a reported basis to $1.29bn in the third quarter.
Arkéa Capital acquires stake in Adopt Parfums
Arkéa Capital has acquired a stake in French fragrance brand Adopt Parfums.
Amouage retail sales reach more than $100m in first quarter
Amouage’s retail sales grew +48% in the first quarter, surpassing $100m for the first time.
ELC fiscal 2025 Q3 sales down 10%
The Estée Lauder Companies’ (ELC) sales in the third quarter ended March 31, 2025, dropped 10%
Symrise organic sales up 4.2% in Q1
Symrise reported organic growth of 4.2% in the first quarter of the 2025 fiscal year.
Eurofragance’s sales up 27% in 2024
Eurofragance’s sales increased 27% to €180m like-for-like in 2024.
Unilever underlying sales up 3%, prestige beauty declines in Q1
Unilever cut around 6,000 full-time jobs by the end of the first quarter.
Interparfums sales up 10.7% in Q1
Interparfums’ sales in the first quarter of 2025 were €235.5m, increasing 10.7% year-over-year at current exchange rates.
P&G net sales fall 2% in Q3, lowers guidance
The Procter & Gamble Company reported third quarter fiscal year 2025 net sales fell 2% to $19.8bn.
L’Oréal’s sales up 4.4% in Q1 2025
L’Oréal’s sales for the first quarter of 2025 rose 4.4% to €11.73bn
Hermès Perfumes & Beauty sales flat in Q1 2025
Hermès’ total revenues rose 9% in the first quarter of 2025 to €4.1bn.
Beiersdorf sales up 3.6% in Q1 2025, La Prairie sees 17.5% decline
German group Beiersdorf said it saw a good start to the year, with sales
LVMH Perfumes & Cosmetics sales down 1% in Q1 2025
LVMH’s sales fell 2% to €20.3bn in the first quarter. On an organic basis, sales were down 3%.
Givaudan sales up 7.4% in Q1, plans price increases
Swiss flavor and fragrance company Givaudan reported a 7.4% like-for-like increase in sales
Chinese duty-free operators’ shares surge amid tariffs
Shares of Chinese companies operating duty-free stores have surged following US President Donald Trump’s tariff blitz.