Natura &Co in talks for potential sale of Avon
Natura &Co is in exclusive talks with asset manager IG4 for the possible sale of its Avon business outside Latin America.
Interparfums SA net income up 10% in 2024
France-based Interparfums SA reported its net income was €130m in 2024, a rise of 10% from 2023.
The Dodo Group & Luxury Brands invest in PRAI Beauty
The Dodo Group, in partnership with Luxury Brands LLC, has invested in US-based skincare brand PRAI Beauty.
IFF Scent sales up 7% in Q4
IFF’s reported net sales were up 3% in the fourth quarter of 2024 to $2.77bn.
Huda Beauty sells Kayali
Huda Beauty is to sell its ownership in Kayali.
L’Oréal invests in Korean fragrance brand Borntostandout
Borntostandout has completed a Series A funding round led by L’Oréal’s corporate venture capital fund BOLD.
Hermès Perfume and Beauty sales up 9% in 2024
Hermès’ sales rose 18% to €4bn in the fourth quarter of 2024.
dsm-firmenich sales up 5% in Q4
Dsm-firmenich’s sales rose 5% in the fourth quarter of 2024 to €3.25bn
Douglas sales up 5.8% in Q1
Douglas’ sales rose by 5.8% to €1.65bn in the first quarter of the financial year 2024/25.
dsm-firmenich sells stake in Feed Enzymes Alliance for €1.5bn
dsm-firmenich has sold its stake in the Feed Enzymes Alliance to Novonesis for €1.5bn.
Coty net revenue down 3% in Q2
Coty’s net revenue fell 3% on a reported basis (-1% like-for-like) in the second quarter of fiscal year 2025.
Shiseido sees loss in 2024, travel retail & China decline
Shiseido said operating profit fell 73% to ¥7.58bn ($49.9m) in 2024.
L’Oréal sales up 5.1% in 2024
L’Oréal’s sales rose 5.1% like-for-like to €43.48bn in 2024.
Cosnova sales up 17% in 2024
Cosnova reported net sales of €954m in financial year 2024.
L’Oréal to sell 2.3% of Sanofi shares for €3bn
L’Oréal is to sell 2.3% (around 29.6 million) of Sanofi shares to the pharmaceutical and healthcare company.
Puig reports record revenues for 2024
Puig’s revenues rose 10.9% like-for-like in 2024 to €4.79bn
Symrise organic sales up 8.7% in 2024
Symrise's sales were up 5.7% in the reporting currency in 2024 to €4.99bn.
LVMH Perfumes & Cosmetics sales up 2% in 2024
LVMH’s sales rose 1% on an organic basis to €84.7bn in 2024, while net profit fell 17% to €12.6bn.
Givaudan sales up 12.3% in 2024
Givaudan has reported its full year sales in 2024 rose 12.3% on a like-for-like basis.
111SKIN gets minority investment from Kim Kardashian’s SKKY Partners
111SKIN has received a minority investment from private equity firm SKKY Partners.
P&G net sales up 2% in Q2
P&G reported net sales were up 2% in the second quarter fiscal year 2025 to $21.9bn.
Korea’s d’Alba overseas sales up 210% in 2024
d'Alba has reported overseas sales grew 210% in 2024 to approximately KRW 150bn ($100m).
Macy’s warns of underperformance in Q4, updates outlook
Macy’s comparable sales were roughly flat in its fiscal fourth quarter-to-date.
Nordstrom holiday sales up 4.9%, updates outlook
Nordstrom has reported that net sales rose 4.9% and comparable sales rose 5.8% for the nine-week holiday period.
Boots beauty sales up 11% in Q1
Boots reported beauty sales increased 11% year-over-year for the first quarter.
RAS Luxury Skincare raises $5m Series A funding led by Unilever Ventures
RAS Luxury Skincare has raised $5m in a Series A funding round led by Unilever Ventures.
Auréa Group invests in haircare brands Zenagen and ACT/IV
Private equity firm Auréa Group has invested in Nutraceutical Research Innovations.
Douglas sales up 8.7% in Q4 and full year
Douglas has reported sales increased by 8.7% to €4.45bn in the financial year 2023/24.
Macy’s confirms Q3 results and updates guidance
Macy’s has confirmed net sales fell 2.4% to $4.7bn in the third quarter of 2024.
Mao Geping raises $300m in Hong Kong IPO
Chinese beauty company Mao Geping raised $300m in a Hong Kong initial public offering.