Fashion label Donna Karan New York is stepping into the realm of fragrances with the launch of its first-ever fragrance collection.

​The British arm of the Body Shop has collapsed into administration, putting 2,000 jobs at risk at the one-time pioneering ethical cosmetics retailer.

​When a sales report is titled “January a contender for weakest-ever e-commerce month”, you know it will be bad. And the latest IMRG Online Retail Index said 2024 has got off to a “very slow” start for online.

Despite slower growth in China, the French cosmetics group L'Oréal continues to invest in the country and in January acquired a minority stake in the Chinese perfume brand To Summer.

A growing number of kids between the ages of 10 and 14 are showing a keen interest in beauty products, and their skincare routines are sometimes comparable to those of adults.

In 2023, French group Bogart, whose brand portfolio includes perfumery chain April, as well as licensed and directly owned beauty brands Carven and Jacques Bogart, recorded a modest 0.7% revenue growth.

​Aurelius has only owned The Body Shop for a few weeks but it's reportedly lining up administrators for the UK retail arm of the business, which means store closures and job losses are likely.

​Ultra-luxury specialist Hermès was upbeat on Friday as it released what it said were “outstanding sales and results” with all of its product categories up in double-digits.

The Group's beauty division will launch its first fragrance in 2024 starting with Bottega Veneta, then Balenciaga and Alexander McQueen, in the very high-end segment, taking advantage of synergies with Creed.

​Hot on the heels of its expansion news in the US this week, Primark on Thursday announced that it will invest more than £100 million in its UK stores this year, which includes more than £75 million of new money.

​Global FMCG giant Unilever has unveiled its result for FY23 and along with the figures said it’s implementing its growth action plan “at pace”. 

Coty beat Wall Street estimates for second-quarter revenue on Wednesday, powered by higher pricing and strong demand for its high-end Burberry and Gucci fragrances and fresh launches of cosmetics in the U.S.

​LVMH’s global prestige beauty giant Sephora announced this week that it’s adopting a single brand signature for all its 35 markets for the very first time.

​Beauty giant Coty has announced a new licensing agreement to develop, produce, and distribute a line of fragrances and beauty products “beyond 2040” for Marni. The first products should launch in 2026.

London-based Manzanita Capital has acquired a majority stake in U.S. perfumer D.S. & Durga. Terms of the deal were not disclosed. 

The Body Shop owner Aurelius is to sell parts of the British ethical beauty retailer’s ops in Europe and Asia.