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
Beauty accounts for 13% of department store sales in 2021
The cosmetics & beauty category accounted for 13% of sales in department stores worldwide in 2021, according...May 31, 2022
DSM and Firmenich to merge
Dutch company DSM and Swiss flavor and fragrance company Firmenich are to merge in a deal that...May 31, 2022
Unilever to take majority stake in Nutrafol
Unilever is to acquire a majority stake in hair and wellness brand Nutrafol. The company currently has...May 30, 2022
Firmenich partners with China-based ScentRealm
Swiss flavor and fragrance company Firmenich has partnered with China-based ScentRealm to create digital fragrance experiences. The...May 30, 2022
Acqua di Parma opens first boutique in Singapore
LVMH-owned fragrance brand Acqua di Parma opened its first boutique in Singapore last month. The 92m2 (990ft2)...May 30, 2022
Shopping festival 6.18 kicks off
Chinese e-commerce players including Alibaba and JD.com kicked off initiatives for the 6.18 shopping festival this...May 30, 2022
MEADFA to take place in Bahrain in November
The Middle East & Africa Duty Free Association has announced that the MEADFA Conference will take place...May 30, 2022
Prestige beauty sales in UK up double digits in Q1, says NPD
Prestige beauty sales in the UK saw double-digit growth in the first quarter of 2022 compared to...May 30, 2022
Watch This Week in Beauty May 23-27, 2022
This Week in Beauty video – A highlight of the week’s key news in just under...May 27, 2022
Mango adds Rituals to online platform
Spanish fashion retailer Mango has added Dutch brand Rituals to its online platform. Mango has already started...May 27, 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
Investment firm Carlyle to acquire HCP Packaging
Investment firm Carlyle is to acquire packaging company HCP Packaging from Baring Private Equity Asia (BPEA). Terms...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
Chloé opens flagship store on LazMall Prestige
Coty has partnered with Southeast Asian e-commerce platform Lazada to launch a flagship store for Chloé fragrances...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
Glossier CEO Emily Weiss to step down
Beauty brand Glossier Founder and CEO Emily Weiss is to step down as CEO. She will be...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
The latest Retail & Tech newsletter out now
RETAIL INSIGHTS Instagram Shop. Social-media platform Instagram opened a pop-up store in New York last week to...May 24, 2022
Chanel revenue up 54.7% in 2021
Chanel’s revenue increased 54.7% to $15.6bn in 2021 compared to 2020 and rose 27.4% compared to 2019....May 24, 2022
ELC names Gibu Thomas Executive Vice President of online
The Estée Lauder Companies (ELC) has promoted Gibu Thomas to ELC Online Executive Vice President. Thomas continues...May 24, 2022
Dufry extends concession at Heathrow airport
Swiss travel retailer Dufry has extended its concession at London’s Heathrow airport for another three years, until...May 24, 2022
Scentys names Maxime Philippe-Bonelli fragrance department Director
French fragrance diffusion expert Scentys has named Maxime Philippe-Bonelli Director of the company’s fragrance department. Philippe-Bonelli joined...May 23, 2022
Jo Malone London launches flagship store on JD.com
Fragrance brand Jo Malone London (ELC) has opened a flagship store on Chinese e-commerce platform JD.com. The...May 23, 2022
L’Oréal fund takes stake in Sparty
L’Oréal’s venture capital fund BOLD (Business Opportunities for L’Oréal Development) has acquired a minority stake in Sparty,...May 20, 2022
Watch This Week in Beauty May 16-20, 2022
This Week in Beauty video – A highlight of the week’s key news in just under...May 20, 2022
La Prairie launches travel-retail NFT offer
Skincare brand La Prairie (Beiersdorf) has partnered with creative agency CircleSquare to offer customers NFTs in a...May 20, 2022