LUXASIA wins Deloitte’s Best Managed Companies Award for fourth time
LUXASIA wins Deloitte’s Best Managed Companies Award for fourth time
Estée Lauder Companies’ Fabrizio Freda to retire
Estée Lauder Companies’ (ELC) President and CEO Fabrizio Freda is to retire at the end of fiscal year 2025.
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
Prestige beauty sales in US up 8% in first half 2024
Prestige beauty sales in the US rose 8% to $15.3bn in the first half of 2024, according...
L’Oréal to acquire 10% stake in Galderma
L’Oréal is to acquire a 10% stake in injectable aesthetics company Galderma
Douglas names new CEO for Netherlands & Belgium
German beauty retailer Douglas said that Willem Duthler, CEO of the company’s business
IFF to open Shanghai creative center
Flavor and fragrance company IFF is to open its newly renovated creative center in Shanghai,
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
Shiseido finalizes CEO succession plan
Shiseido has announced that Kentaro Fujiwara will become President and CEO from January 1, 2025,
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%
Robertet sales up 10% in first half
French fragrance house Robertet's sales rose 10.1% in the first half of 2024 to €414.6m
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.
HBC to cut jobs as it establishes Saks Global
Hudson's Bay Company is to cut jobs as it groups Saks Fifth Avenue and Saks OFF 5TH alongside Neiman Marcus Group's banners in a new entity called Saks Global.
This Week in Beauty July 22-26, 2024
This Week in Beauty video – A highlight of the week’s key news in just under...
Over half of US men use facial skincare products, up 68% from 2022
Over half (52%) of US men use facial skincare products, a 68% rise from 2022 (31%).
TSG Consumer Partners invests in Summer Fridays
Private equity firm TSG Consumer Partners has invested in clean skincare and make-up brand Summer Fridays.
Dr.Jart+ launches on Amazon Premium Beauty in US
Estée Lauder Companies has launched Korean skincare brand Dr.Jart+ on the US Amazon Premium Beauty store.
Lush opens fragrance concept store in London
Lush has opened what it calls a Perfume Library on Beak Street in Soho, London.
Boots launches Prada Beauty and Made by Mitchell
Boots has added two new brands to its assortment, Prada Beauty and Made by Mitchell.
Unilever sales up 4.1% in first half
Unilever has reported underlying sales in the first half grew 4.1%.
Debut launches formulation and manufacturing business for beauty brands
Biotech company Debut has launched BiotechXBeautyLabs, a formulation development and contract manufacturing business.
L’Occitane to go private
L’Occitane International will delist from the Hong Kong’s stock exchange after a public offer received sufficient support.
Estée Lauder Companies names Akhil Shrivastava Executive VP and CFO
The Estée Lauder Companies (ELC) has named Akhil Shrivastava Executive Vice President and Chief Financial Officer.
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...
The latest Retail & Tech newsletter out today – No 188
BW Confidential’s newsletter on the latest retail & tech trends in beauty
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.
Viktor&Rolf Fragrances launches on Amazon Premium Beauty
L'Oréal has launched Viktor&Rolf Fragrances on the Amazon Premium Beauty Store.
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.
American Exchange Group acquires Indie Lee
Accessories designer and manufacturer American Exchange Group (AXNY Group) has acquired clean skincare brand, Indie Lee.