Brandless shuts down after two years
Direct-to-consumer goods company Brandless is to close. The company says that the “fiercely competitive direct-to-consumer market” has...February 12, 2020
TFWA and APTRA release statements on coronavirus concerns
The Tax Free World Association (TFWA) issued a statement today saying that it acknowledges the widespread concern...February 11, 2020
Beales to close half of its stores
UK-based department store Beales will close 12 of its 23 locations. The retailer has some 1,050 staff....February 11, 2020
Foreo donates 2,500 protective suits to coronavirus efforts
Skincare company Foreo has donated 2,500 protective suits to three Chinese hospitals, for an amount worth RMB100,000...February 11, 2020
Peach & Lily receives minority investment
Sandbridge Capital has taken a minority stake in Korean beauty brand Peach & Lily. Terms of the...February 10, 2020
Chromavis to present new collections at MakeUp in Los Angeles
Cosmetics manufacturer Chromavis will present three new collections at the MakeUp in Los Angeles show, which takes...February 10, 2020
DFS temporarily closes two Hong Kong stores due to coronavirus
Travel retailer DFS has closed two of its Hong Kong locations, T Galleria by DFS, Tsimshatsui East...February 10, 2020
UK prestige beauty sales fall 3% in 2019
Prestige beauty sales in the UK fell 3% to £2.6bn ($3.36bn) in 2019, according to The NPD...February 10, 2020
Sisley launches Black Rose Eye Contour Fluid
Sisley has added to its Black Rose line, with the launch of an eye contour fluid. The...February 9, 2020
Hermès launches beauty
Hermès has unveiled its first beauty line Rouge Hermès, a collection of lipsticks. The collection is positioned...February 9, 2020
TFWA to go ahead with Asia Pacific Exhibition & Conference despite coronavirus outbreak
Tax Free World Association (TFWA) announced that it will continue preparations for its Asia Pacific Exhibition &...February 7, 2020
Watch This Week in Beauty February 3-7, 2020
This Week in Beauty Video – A highlight of the week’s key news in just under...February 7, 2020
ELC ceo Fabrizio Freda on coronavirus impact on China, travel retail
Estée Lauder Companies (ELC) president and ceo Fabrizio Freda said that while it is still too early...February 7, 2020
Deutsche Bank: global growth to fall by 0.5 percentage points in Q1 due to coronavirus
The coronavirus outbreak is set to lower global growth by 0.5 percentage points in the first quarter,...February 6, 2020
L’Oréal like-for-like sales up 8% in 2019
L’Oréal said it saw the best sales growth in a decade in 2019. Sales rose 8% to...February 6, 2020
ELC revises guidance due to coronavirus, sees Q2 sales up 15%
Estée Lauder Companies (ELC) revised its guidance as a result of the impact of the coronavirus. For...February 6, 2020
Coty says to early to quantify coronavirus impact on travel retail
Coty said that it is too early to quantify the impact of the coronavirus on travel retail....February 6, 2020
Sa Sa sales fall 76.9% during Chinese New Year, looks to cut costs
Hong Kong-based cosmetics retailer Sa Sa saw a 76.9% decline in its Hong Kong and Macau sales...February 6, 2020
Shiseido outlines response to coronavirus
Japanese group Shiseido said its emergency response to the coronavirus outbreak involves suspending or postponing marketing activities...February 6, 2020
Shiseido 2019 sales, profits up on strong travel retail and China performance
Shiseido reported a 3.4% increase in sales for the full year 2019 to ¥1,131.5bn ($10.30bn). On a...February 6, 2020
Coty sees 6.6% decline in second quarter
Coty saw a 6.6% decline in second-quarter sales to $2.35bn. On a like-for-like basis, sales were down...February 5, 2020
Macy’s to close 125 stores
US-based department store Macy’s plans to close 125 stores over the next three years, including the 30...February 5, 2020
Sephora to open 100 new stores in biggest North American expansion
In its largest single-year North American expansion, LVMH-owned retailer Sephora will open 100 new stores across the...February 5, 2020
PSB Industries to acquire Qualipac
Beauty packaging company PSB Industries is in negotiations with manufacturer Groupe Pochet to acquire its plastic and...February 5, 2020
Beiersdorf acquires natural, sustainable-focused skincare brand
German group Beiersdorf has acquired natural skincare brand Stop The Water While Using Me. Stop The Water...February 5, 2020
L’Oréal to sell Roger & Gallet
L’Oréal is to sell its Roger & Gallet brand. The group has entered into exclusive negotiations with...February 4, 2020
Givaudan takes 4.68% stake in Robertet
Swiss flavor and fragrance company Givaudan has acquired a 4.68% stake in French company Robertet. Robertet issued...February 4, 2020
FTC to block Edgewell’s acquisition of Harry’s
The Federal Trade Commission (FTC) filed a lawsuit Monday to block Edgewell Personal Care’s (EPC) pending $1.37bn...February 4, 2020
L’Oréal partners with Expo 2020 Dubai
L’Oréal has partnered with Expo 2020 Dubai to become its official beauty products and services partner. L’Oréal...February 4, 2020
Prestige make-up sales in US down 7% in 2019
Sales of prestige beauty products in the US were flat in 2019, coming in at $18.8bn, according...February 4, 2020