P&G Beauty sales up 4% in fiscal year 2020
US-based consumer goods company P&G’s fiscal year 2020 net sales grew 5% year-on-year to $71bn.The company’s fourth...July 30, 2020
Prestige beauty sales in US fall 36% in Q2
Prestige beauty products sales in the US fell 36% to $2.8bn in the second quarter compared to...July 30, 2020
Hermès Perfumes sales down 58.4% in second quarter
Hermès’ revenue dropped 24% at current exchange rates (-25% at constant exchange rates) to €2.49bn in the...July 30, 2020
TechnicoFlor launches perfumer training program
French flavor and fragrance company TechnicoFlor is to launch a perfumer training program. The program will cover...July 30, 2020
Alès Groupe revenue down 20% in first half
French skincare and haircare company Alès Groupe’s revenues fell 20.1% to €83.5m in the first half of...July 30, 2020
AS Watson Group opens loyalty program to retailers for free
AS Watson Group has opened up its Moneyback loyalty program to retailers and restaurants in Hong Kong...July 30, 2020
Takasago inks deal with Lavandin producers
Japanese fragrance company Takasago has inked an agreement with Provence Perfume Plants Cooperative (SCA3P) in France for...July 30, 2020
Sephora names Artemis Patrick executive vice-president, global chief merchandising officer
Sephora (LVMH) has named Artemis Patrick executive vice-president, global chief merchandising officer, effective August 1. Patrick will...July 30, 2020
Fenty Beauty by Rihanna to launch Fenty Skin
Fenty Beauty by Rihanna (LVMH) is set to launch skincare brand Fenty Skin, according to the brand’s...July 29, 2020
Salvatore Ferragamo fragrance sales down 67% in first half
Italian luxury group Salvatore Ferragamo’s revenues fell 46.6% at current exchange rates to €377m in the first...July 29, 2020
Debenhams explores sale
UK-based retailer Debenhams is exploring a sale, according to a Debenhams spokesperson. Debenhams’ administrators have initiated a...July 28, 2020
Firmenich launches RE|GENERATION movement
Fragrance house Firmenich has launched what it calls a new movement, which it describes as a call...July 28, 2020
Selfridges to lay off 450 employees
UK department-store group Selfridges is to lay off 450 employees, a 14% reduction in staff, due to...July 28, 2020
Walgreens Boots Alliance ceo steps down
Drugstore group Walgreens Boots Alliance (WBA) ceo Stefano Pessina has stepped down. A new ceo has not...July 28, 2020
LVMH profit falls 84% in first half, P&C sales down 29%
LVMH’s sales for the first half fell 27% to €18.39bn, while net profit was down 84% to...July 27, 2020
L’Oréal Travel Retail launches Hand Essentials travel kit
L’Oréal Travel Retail is to launch a “Hands Essentials” travel kit combining sanitizing and moisturizing products in...July 27, 2020
Symrise opens Paris creative hub
Symrise has unveiled its new outpost for fine fragrance in Paris, near the city’s avenue des Champs...July 27, 2020
Watch This Week in Beauty July 20-24, 2020
This Week in Beauty Video – A highlight of the week’s key news in just under...July 24, 2020
Gucci names four new faces for Gucci Bloom fragrance
Gucci Beauty (Coty) has named four new faces for its Gucci Bloom Eau de Parfum. Director and...July 24, 2020
Beauty reservation platform Planity secures €10m in funding
France-based online beauty reservation platform Planity has raised €10m in Series B funding led by Crédit Mutuel...July 24, 2020
Beiersdorf opens new R&I center in Shanghai
German group Beiersdorf has invested €10m in a new Research & Innovation (R&I) center in Shanghai aimed...July 24, 2020
Skincare brand Atolla raises $2.5m in seed round
Skincare brand Atolla has closed a seed round of $2.5m led by private investment fund Lyra Growth...July 23, 2020
Unilever turnover drops 1.6% in first half of year
Unilever’s total turnover fell 1.6% in the first half of the year to €25.7bn compared with the...July 23, 2020
Nordstrom lays off 521 employees
US-based retailer Nordstrom will lay off 521 employees at its Seattle operations, according to a filing with...July 23, 2020
Interparfums sales fall 42% in first half
Interparfums reported a 42% drop in sales for the first half of the year to €139.3m. Sales...July 23, 2020
Ieva Group raises new funding
France-based connected beauty company Ieva Group has raised €12m in a new round of funding led by...July 22, 2020
Morphe launches new brand Morphe 2
Beauty brand Morphe is set to launch its Morphe 2 brand, consisting of multipurpose products and aimed...July 22, 2020
Creative agencies Filtr and Qingwa merge
Marketing, communication and design agency Filtr has merged with branding, packaging and retail and interior design agency...July 22, 2020
Sephora US to lay off 117 employees, add 132 new full-time roles
Beauty retailer Sephora (LVMH) will lay off 117 full-time employees in the US, or 7% of its...July 21, 2020
Sephora Canada partners with installment payment provider PayBright
Sephora Canada (LVMH) has partnered with installment payment plan provider PayBright to offer flexible payments. Sephora Canada...July 21, 2020