The latest news
Caudalie’s founders invest in emerging cosmetics brand Talm, a maternity skincare specialist
French women’s skincare brand Talm has recently completed its first funding round with investors Mathilde and Bertrand Thomas, founders of cosmetics brand Caudalie.
Revolution Beauty results finally released, losses widen
Revolution Beauty has finally reported its much-delayed results for the year to February 2022 and operating losses surged to £38.8 million, wider by almost £30 million, although revenue jumped 35% £184.6 million.
Chanel opens Battersea beauty and eyewear boutique
Chanel is the latest big name to endorse the multi-billion pound mall development at Battersea Power Station and has just opened a new beauty and eyewear store there.
Ulta Beauty sales climb 12.3% in Q1
Ulta Beauty announced on Thursday strong first-quarter revenue, thanks to increased comparables sales and strong store performance.
Revolution Beauty appoints new chairman as co-founder finally departs
Another boardroom change for the troubled Revolution Beauty Group. But at least this one was expected with the multi-channel mass beauty retailer appointing Derek Zissman its new Non-Executive Chairman.
E.L.F. Beauty Q4 sales surge 78% for 'outstanding' 2023 result
E.L.F Beauty announced on Wednesday net sales for the fourth quarter surged 78% to $187.4 million, driven by strength across the beauty chain's retailer and e-commerce channels.
Beauty brand Lush unveils new Green Hub but business comes first
Known for its colorful shampoo bars and fruity bath bombs, UK-based cosmetics brand Lush has opened the doors of its new Green Hub as part of efforts to expand its in-house circular recycling.
r.e.m. beauty gets strategic investment from Sandbridge Capital
Ariana’s Grande’s r.e.m. beauty brand has announced a strategic investment led by consumer-focused private investment firm Sandbridge Capital that will help it "optimise its global potential".
LVMH: Gonzague de Pirey takes over as chief omnichannel and data officer
The world's top luxury goods company is recruiting Gonzague de Pirey to head the group's omnichannel, data and AI, and digital customer service centres of expertise for its Sephora brand, as of 1 June.
Brazilian antitrust authority approves sale of Aesop to L'Oréal
The Brazilian antitrust authority has determined that Aesop's exclusive direct-to-consumer online sales model in the country would not impact free competition, thus approving its acquisition by L'Oréal.
Bath & Body Works beats quarterly profit estimates on higher prices
Bath & Body Works Inc beat first-quarter profit expectations on Thursday, as higher product prices outweighed cost pressures and a slowdown in demand, sending its shares up over 9% in premarket trading.
Laneige expands into the United Kingdom, Middle East
Amorepacific is bringing its flagship global skincare brand Laneige to the United Kingdom and the Middle East.
Loss-making Boohoo smiles through the pain, predicts better year ahead
It was no surprise that Boohoo swung to a statutory loss in its latest full year as sales fell and costs rose, although the company remains upbeat for the medium term and its ability to get back to profitable growth.
Shiseido: net profit doubles in Q1 but forecast unchanged
Japanese cosmetics group Shiseido on Friday reported a sharp rise in first-quarter profits but did not raise its annual forecast.
Chinese company earnings reveal lopsided economic recovery
People in China splashed out on dining, travel and luxury goods after emerging from three years of pandemic restrictions but are still not spending freely on routine consumer items.
L'Occitane exceeds the €2 billion mark for its 2022/23 financial year
For its 2022/23 financial year ending March 31, the cosmetics group L'Occitane recorded a turnover of 2.13 billion euros, up 17.9%. This growth was driven by the acquisition of Sol de Janeiro.