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.
VIOLETTE_FR completes Series B funding round
VIOLETTE_FR has completed a Series B funding round.
Ulta Beauty net sales up 1.7% in Q3
Ulta Beauty has reported net sales rose 1.7% to $2.53bn in the third quarter.
Space NK to open 10 new stores
Space NK is to open 10 new stores over the next year.
Interparfums forecasts 2025 growth, readies for own brand launch
Interparfums forecasts 2025 growth, readies for own brand launch