Thai beauty platform Konvy raises $10m
Thai beauty e-commerce platform Konvy has raised $10m in a Series A funding round led by Singapore-based...October 11, 2022
Givaudan sales up 6.1% in first nine months
Swiss flavor and fragrance company Givaudan’s sales rose 6.1% on a like-for-like basis to CHF5.46bn ($5.46bn) in...October 11, 2022
L’Oréal investment company takes stake in Chinese fragrance brand
L’Oréal China’s venture capital company Shanghai Meicifang Investment Co., Ltd has made a minority investment in Chinese...September 15, 2022
Ulta Q2 sales up 16.8%, raises full year outlook
US-based beauty retailer Ulta Beauty’s net sales rose 16.8% year-over-year to $2.3bn in the second quarter of...August 26, 2022
Coty sales up 15% in fiscal year 2022
Coty’s sales increased 15% year-over-year to $5.3bn in fiscal year 2022, the 12 months ended June 30,...August 25, 2022
Macy’s comparable sales down 1.5% in Q2, lowers full year outlook
US-based department-store group Macy’s comparable sales fell 1.5% in the second quarter of 2022 compared to the...August 24, 2022
Douglas sales up 28.8% in third quarter
German beauty retailer Douglas’ sales rose 28.8% year-over-year to €830m in the third quarter of fiscal year...August 23, 2022
ELC sales up 9% in fiscal 2022
The Estée Lauder Companies (ELC) net sales rose 9% to $17.74bn in the fiscal year ended June...August 18, 2022
Boohoo acquires stake in Revolution Beauty
UK-based online fashion retailer Boohoo has acquired a 7.1% stake in Revolution Beauty Group. Boohoo already sells...August 17, 2022
Natura &Co revenue down 8.6% in second quarter
Brazil-based Natura &Co’s second-quarter net revenue fell 8.6% year-over-year to R$8.7bn ($1.69bn), but rose increased 0.4% on...August 12, 2022
Shiseido sales down 0.4% in first half, lowers full-year outlook
Japanese company Shiseido reported that sales fell 0.4% year-over-year to ¥493.4bn ($3.67bn) in the first six months...August 10, 2022
Dufry first-half turnover up 146.2%, reaches 90% of 2019 levels in July
Swiss travel retailer Dufry’s turnover rose 146.2% year-over-year to CHF2.92bn ($3.07bn) in the first six months of...August 9, 2022
Firmenich revenue up 11.1% in full year
Swiss flavor and fragrance company Firmenich’s revenue rose 11.1% to CHF4.72bn ($4.97bn) in the year ended June...August 5, 2022
Symrise first-half sales up 18.5%, increases full-year guidance
German flavor and fragrance company Symrise’s sales rose 18.5% year-over-year to €2.3bn in the first half of...August 2, 2022
L’Oréal first-half sales up 13.5%
L’Oréal’s like-for-like sales rose 13.5% year-over-year to €18.36bn in the first half of 2022. On a reported...July 29, 2022
LVMH sales up 28% in first half 2022
LVMH’s sales rose 28% to €36.7bn in the first half of 2022. Organic growth was 21%. Net...July 26, 2022
Givaudan sales up 6.2% in first half, profits down
Swiss flavor and fragrance company Givaudan’s sales rose 6.2% on a like-for-like basis to CHF3.65bn ($3.78bn) in...July 22, 2022
WBA sales down 4.2% in third quarter
Walgreens Boots Alliance’s (WBA) sales fell 4.2% year-over-year to $32.6bn in the third quarter of fiscal 2022...July 1, 2022
L’Occitane sales up 15.8% in full year
L’Occitane Group’s net sales rose 15.8% to €1.78bn in the year ended March 31, 2022. Sales increased...June 28, 2022
Revlon files for bankruptcy
US-based Revlon has filed for bankruptcy. The filing was triggered by liquidity problems, due in part to...June 16, 2022
Purplle.com raises $33m in funding
Indian online beauty retailer Purplle.com has raised $33m in Series E funding from South Korean venture capital...June 10, 2022
San Francisco-based Junoco raises $6.3m
San Francisco-based beauty brand Junoco has raised $6.3m in Series A funding led by venture capital fund...June 1, 2022
L Catterton invests in Indian brand Sugar Cosmetics
Indian beauty brand Sugar Cosmetics has raised $50m in Series D funding led by private-equity company L...May 31, 2022
e.l.f. Beauty sales up 23% in fiscal 2022
US-based e.l.f. Beauty’s net sales rose 23% to $392.2m in full year fiscal 2022 (the 12 months...May 27, 2022
Macy’s sales up 12.8% in Q1
US department-store group Macy’s comparable sales rose 12.8% to $5.35bn in the first quarter of 2022 (the...May 27, 2022
Ulta Beauty sales up 21% in Q1
US beauty retailer Ulta Beauty’s net sales rose 21% year-over-year to $2.3bn in the first quarter of...May 27, 2022
L’Oréal launches fund for women entrepreneurs
L’Oréal has launched a fund to invest in start-ups launched by women entrepreneurs. The BOLD Female Founders...May 25, 2022
Personal-care brand Rael raises $35m
Personal-care brand Rael has raised $35m in a Series B funding round led by Colopl’s venture capital...May 25, 2022
Yatsen revenues down 38.3% in Q1
Chinese beauty company Yatsen’s net revenues fell 38.3% year-over-year to Rmb891m ($140.5m) in the first quarter of...May 25, 2022
Douglas sales up 31% in Q2
German beauty retailer Douglas’ sales rose 31% year-over-year to €719m in the second quarter of fiscal 2021/2022...May 25, 2022