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Cosmetics

The latest news

Landmark V&A show will celebrate Coco Chanel's fashion, beauty contribution

Landmark V&A show will celebrate Coco Chanel's fashion, beauty contribution

​The next landmark fashion exhibition to be seen at the V&A in London will focus on Gabrielle Chanel. Opening next year, it will be the first time a major UK museum has dedicated an exhibit to the trailblazing designer.
Luxury
Ulta Beauty logs record-breaking first quarter

Ulta Beauty logs record-breaking first quarter

Ulta Beauty announced on Thursday record-breaking financial results for the first quarter, as the cosmetics company logged revenue and earnings surges, thanks to increased comparables sales fuelled by consumer demand.
Beauty
Mango adds Rituals beauty products to its online store

Mango adds Rituals beauty products to its online store

After having partnered up with lingerie brand Intimissimi, the Spanish fashion retailer is adding a new third-party brand to its website: Dutch cosmetics brand Rituals.
Beauty
E.L.F. annual sales, earnings surge on recovered fourth quarter

E.L.F. annual sales, earnings surge on recovered fourth quarter

E.L.F. Beauty announced on Wednesday sales for the fiscal year surged by double digits, primarily driven by strength in the beauty chain's national and international retailers, especially in the fourth quarter.
Beauty
Cash-strapped Britons cut back on clothing, cosmetics

Cash-strapped Britons cut back on clothing, cosmetics

​As the cost of living crisis deepens, Britons have a long list of items they're cutting back on and a new study shows that top of the list is clothing.
Fashion
Glossier CEO Emily Weiss to step down

Glossier CEO Emily Weiss to step down

Glossier founder Emily Weiss announced on Tuesday in a company blog post that she is stepping down as chief executive officer. 
Beauty
L'Oreal CEO says no inflation impact so far on beauty product consumption

L'Oreal CEO says no inflation impact so far on beauty product consumption

French cosmetics group L'Oreal is not so far seeing any impact from inflation on purchases of beauty products, its chief executive told Reuters on Tuesday.
Beauty
Chanel strong in 2021 and upbeat for 2022 as it beats pre-Covid figures

Chanel strong in 2021 and upbeat for 2022 as it beats pre-Covid figures

Luxury giant Chanel on Tuesday reported 2021 revenues that surged 49.6% year-on-year to $15.6 billion. And it's  confident it will deliver another year of solid growth in 2022.
Luxury
L'Oréal acquires stake in Japanese start-up Sparty

L'Oréal acquires stake in Japanese start-up Sparty

Through the Bold venture capital fund, L’Oréal has bought a minority stake in Sparty, a Japanese start-up specialising in personalised beauty products.
Beauty
Superdrug links with Jack Monroe to help shoppers through cost-of-living crisis

Superdrug links with Jack Monroe to help shoppers through cost-of-living crisis

​UK health & beauty retailer Superdrug has launched its ‘Shop Smart’ campaign in partnership with poverty campaigner and activist Jack Monroe, to help customers navigate the growing cost of living crisis.
Beauty
Luxe sector calls for return of UK VAT-free shopping as spending plummets

Luxe sector calls for return of UK VAT-free shopping as spending plummets

​Luxury businesses have renewed calls for the UK government to reverse its decision to end VAT-free shopping for tourists, saying Britain is losing out to other European countries as big-spenders go elsewhere.
Fashion
THG surges after rejecting buyout bid, attracting more interest

THG surges after rejecting buyout bid, attracting more interest

The owner of Myprotein supplements late on Thursday rebuffed an offer of 170 pence per share from Belerion Capital and King Street Capital Management, saying it undervalued the company. 
Beauty
Boots to continue Love Island sponsorship

Boots to continue Love Island sponsorship

​The love affair continues. UK health & Beauty retail giant Boots is rekindling its relationship with ITV2’s Love Island in a deal that runs for the second year in a row.
Beauty
L'Oréal acquires Byredo

L'Oréal acquires Byredo

Global beauty giant L'Oréal is finalizing the acquisition of Byredo, backed by British fund Manzanita Capital, the owner of Diptyque and Malin+Goetz, according to a report from French newspaper Le Figaro. 
Beauty
UK's THG rejects bid approach; entrepreneur Candy shows interest

UK's THG rejects bid approach; entrepreneur Candy shows interest

British e-commerce company THG was at the centre of a bid battle on Thursday, rejecting an offer from two investment groups and learning that local entrepreneur Nick Candy was considering making a bid.
Beauty
Lady Gaga rebrands cosmetics line, inks Sephora deal

Lady Gaga rebrands cosmetics line, inks Sephora deal

Lady Gaga's vegan and cruelty-free cosmetics brand Haus Laboratories is getting a revamp and new retail partner. 
Beauty