Sa Sa International’s turnover down 11% in Q2
Sa Sa International has reported its turnover dropped 11% year-over-year to HK$975.9m in the second quarter.
P&G skincare sales fall 20% in Q1
The Procter & Gamble Company reported net sales fell 1% in the first quarter of fiscal year 2025 to $21.7bn.
Ulta Beauty unveils plan to boost growth and market share
Ulta Beauty has outlined its priorities to drive growth and new long-term financial targets.
LVMH’s Q3 sales fall 3%
LVMH’s sales for the third quarter declined 3% to €19.08bn, due in part to lower growth in Japan
Boots’ beauty sales up 6% in Q4
Boots has reported beauty sales increased more than 6% year-over-year in the fourth quarter.
Coty Q1 slightly below initial estimate, cites cautious retailers and slower US growth
Coty has reported sales increased around 4-5% like-for-like in the first quarter based on preliminary figures.
Givaudan sales up 13% in first nine months
Givaudan has reported sales of CHF 5.64bn ($6.57bn) in the first nine months of 2024, growing 13% on a like-for-like basis.
SEEN closes $9m Series A funding
Haircare brand SEEN has closed a fully subscribed $9m Series A funding.
Oak Essentials receives funding from Silas Capital and Unilever Ventures
Oak Essentials has received first-round dual funding from Silas Capital and Unilever Ventures.
L’Oréal’s venture capital fund invests in Ami Colé
Ami Colé has received an investment from L’Oréal’s venture capital fund, BOLD.
Huda Beauty said to be considering selling Kayali
Dubai-based cosmetics brand Huda Beauty is considering selling all or part of its fragrance brand Kayali.
Puig’s sales up 9.6% in first half
Puig has reported sales increased 9.6% in the first half of 2024 to €2.2bn.
Nordstrom family and El Puerto de Liverpool make takeover bid
Nordstrom has received an offer from the Nordstrom family and El Puerto de Liverpool to take the US-based department store operator private.
Ulta Beauty Q2 sales disappoint, lowers guidance
Ulta Beauty has reported net sales rose 0.9% to $2.6bn in the second quarter ended August 3, 2024
Kohl’s net sales fall in Q2, Sephora shop-in-shops perform strongly
Kohl’s has reported net sales fell 4.2% year-over-year to $3.5bn in the second quarter of 2024.
Unilever said to be selling Kate Somerville and REN
Unilever is said to be selling two of its prestige beauty brands, according to Sky News.
Macy’s net sales down 3.8% in Q2, lowers guidance
Macy’s has reported net sales fell 3.8% to $4.9bn in the second quarter of 2024.
Walmart said to have sold stake in JD.com
US-based retailer Walmart is said to have sold its stake in Chinese e-commerce player JD.com.
Coty revenue up 10% in 2024
Coty has reported total net revenues increased 10% (+11% like-for-like) in the fiscal year of 2024 to $6.11bn.
ELC fiscal 2024 sales down, predicts disappointing fiscal 2025
Estée Lauder Companies’ (ELC) sales for fiscal year ended June 30, 2024, fell 2% to $15.61bn, due to
Douglas Q3 sales up 7.3%, raises full-year guidance
German beauty retailer Douglas Group reported a 7.3% increase in sales
L’Oréal sales up 6.7% in Q2
L’Oréal’s sales in the second quarter rose 6.7% (+5.3% like-for-like) t
dsm-firmenich sales up 7% in Q2
dsm-firmenich reported a 7% increase in sales in the second quarter to €3.23bn, while adjusted EBITDA was up 26%
Hermès Perfume and Beauty sales up 5% in Q2
Hermès’ consolidated revenue in the first half of 2024 increased 12% at current exchange rates to €7.5bn.
TSG Consumer Partners invests in Summer Fridays
Private equity firm TSG Consumer Partners has invested in clean skincare and make-up brand Summer Fridays.
Unilever sales up 4.1% in first half
Unilever has reported underlying sales in the first half grew 4.1%.
L’Occitane to go private
L’Occitane International will delist from the Hong Kong’s stock exchange after a public offer received sufficient support.
LVMH Perfumes & Cosmetics sales up 4% in Q2, group profit falls 14% in H1
LVMH’s sales rose by 1% to €20.98bn in the second quarter as the group cited an uncertain...
Interparfums Q2 sales up 16%, to renew Van Cleef & Arpels license
Interparfums’ sales in the second quarter rose by 16% to €210m on the back of a strong fragrance market globally.
Givaudan sales up 12.5% in first half of 2024
Givaudan's sales for the first six months of 2024 were CHF 3.73bn ($4.19bn), a rise of 12.5% on a like-for-like basis.