P&G net sales up 1% in Q3
P&G reported net sales were up 1% in the third quarter fiscal year 2024 to $20.2bn.
This Week in Beauty April 15-19, 2024
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L’Oréal sales up 8.3% in first quarter 2024
L’Oréal said it saw a very good start to the year, with sales up 8.3% to €11.24bn in the first quarter
Puig looks to valuation of up to €13.9bn in IPO
Puig is to sell its shares at between €22 and €24.50 per share in its IPO.
Harvey Nichols appoints Julia Goddard CEO
Harvey Nichols has appointed Julia Goddard CEO, effective at the start of June.
Eurofragance sales up by more than 20% in 2023
Eurofragance reported sales rose in 2023 by more than 20% on a like-for-like basis versus 2022 to €146m
Robertet Group names James Krivda Senior Perfumer
Robertet Group has named James Krivda Senior Perfumer, based in New York.
Marionnaud to open La Prairie treatment suites in stores
Marionnaud has partnered with La Prairie to offer its customers skincare treatments in personalized La Prairie suites,
Albéa names new CEO
Albéa Group has made organizational changes to its management team.
LVMH Perfumes & Cosmetics revenues up 3% in Q1
LVMH’s sales fell 2% in the first quarter of 2024 to €20.7bn. On an organic basis, revenues rose 3%.
Give Back Beauty acquires INCC, Mercedes-Benz Parfums licensee
Give Back Beauty (GBB) group and Mercedes-Benz Customer Solutions have inked a long-term partnership.
The latest Retail & Tech newsletter out today – No 174
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Sephora names Xia Ding Managing Director, Sephora Greater China
Sephora has named Xia Ding Managing Director, Sephora Greater China.
Beiersdorf organic sales up 7.3% in Q1
Beiersdorf has reported organic sales increased 7.3% to €2.6bn in the first quarter.
L’Oréal USA promotes Silvia Galfo to President, Luxe Division
L'Oréal USA has promoted Silvia Galfo to President, Luxe Division.
in-cosmetics Global opens in Paris, France
in-cosmetics Global opens today at the Porte de Versailles exhibition center in Paris, France.
Douglas Group reduces debt as sales increase 11.5% in Q2
Douglas Group has reduced its net debt by one billion euros following its listing on the Frankfurt Stock Exchange.
2024 Summit of the Americas opens in Florida, US
The 2024 Summit of the Americas opened yesterday April 14 at the Palm Beach County Convention Center.
Robertet net income down 1.9% in 2023
Robertet reported consolidated net income was €74.6m in 2023, a fall of 1.9% compared to 2022
This Week in Beauty April 8-12, 2024
This Week in Beauty video – A highlight of the week’s key news in just under...
What to look out for at the Fragrance Zone at in-cosmetics
A preview of innovations to be unveiled at in-cosmetics Global's Fragrance Zone
Estée Lauder names Korean singer IU as global brand ambassador
Estée Lauder has named Korean singer, songwriter and actress, IU, as its new Global Brand Ambassador.
iRomaScents launches new fragrance dispenser
iRomaScents has developed a new fragrance dispenser.
Givaudan sales up 12.6% in Q1
Givaudan has reported sales of CHF 1.82bn ($1.97bn) in the first three months of 2024, up 12.6% on a like-for-like basis.
Macy’s names two new independent directors in agreement with Arkhouse
Macy’s is continuing talks with investment companies Arkhouse Capital and Brigade Capital Management.
NRDC Equity Partners and BB Kapital to acquire Galeria Karstadt Kaufhof
NRDC Equity Partners and BB Kapital, Bernd Beetz’s family office, have undertaken the acquisition of Galeria Karstadt Kaufhof.
Teens’ core beauty wallet reaches highest level since spring 2018
Beauty is still a top priority among Gen Z in the US, according to Piper Sandler’s 47th Semi-Annual Taking Stock With Teens Survey
Croda’s Fragrances and Flavours sales surpass €290m in 2023
Croda’s Fragrances and Flavours (F&F) business reported sales surpassed €290m for the first time in 2023, increasing by 17%.
Estée Lauder Companies fund invests in KIKI World
KIKI World has received $7m in funding led by venture capital fund a16z crypto and The Estée Lauder Companies' New Incubation Ventures.
The latest Retail & Tech newsletter out today – No 173
BW Confidential’s newsletter on the latest retail & tech trends in beauty