Ahead of its separation from iconic lingerie brand Victoria’s Secret next month, the beauty retailer has revealed plans to expand in skincare and hair products as it carves a path for itself as an independent company,
UK beauty clinic specialist The Skincare Sanctuary has bought anti-ageing professional skincare brand Gatineau for an undisclosed sum. The London-based clinic group has purchased the brand from Revlon Consumer Products.
L Brands Inc. said on Tuesday the firm is increasing its second quarter earnings guidance, as strong customer response to merchandise assortments and improved inventory management saw promotional activity reduced.
LVMH continues to join with partners to accelerate growth post-pandemic, and after last week’s LVMH-Google Cloud news comes its luxury beauty giant Sephora forging a long-term strategic partnership with Zalando.
Beauty e-tailer Cult Beauty has filed its full-year results for the 12 months to May 31 2020 and they show that it enjoyed what it called “another great year”, despite the pandemic affecting over two months in the year.
Ulta announced Q1 net income of $230.3 million, or $4.10 per diluted share, on Thursday, surging out of the loss reported by the company in the prior-year period and soaring over analysts’ estimates of $1.99 per share.
Natura & Co, the Brazil-based owner of The Body Shop, Avon and Aesop, said it saw another quarter of double-digit revenue growth in Q1, easily beating the wider global Cosmetics, Fragrance, and Toiletries market.