Cosmetics
The latest news
Unilever Ventures invests in haircare brand Straand
Dutch group Unilever, through its start-up investment programme Unilever Ventures, has injected $2 million into newly-launched Australian haircare brand Straand.
Beauty
Lipstick effect? These days hairstyling products are the barometer says THG
The much-discussed lipstick effect may have kicked in as consumers buy relatively affordable luxury beauty treats when times are tough, but this time lipstick itself isn’t the key product.
Beauty
Kering names Raffaella Cornaggia managing director of Kering Beauty
Kering said on Friday it was entering the cosmetics business, with the announcement that it has recruited seasoned Estee Lauder executive Raffaella Cornaggia to head the push into the new segment.
Luxury
Estée Lauder fears bigger drop in profit on uncertain China recovery
Estee Lauder Cos Inc forecast a bigger drop in full-year profit than it had initially estimated, citing uncertainty around recovery in major market China.
Beauty
Ariana Grande buying back her cosmetics brand R.e.m. Beauty for $15 million
American singer Ariana Grande will acquire the assets of her R.e.m. Beauty brand from Forma Brands, her licensee, which has filed for Chapter 11 bankruptcy protection under US law.
Beauty
E.L.F. says quarterly sales growth continues with 49% uptick, lifts annual guidance
E.L.F. Beauty announced on Wednesday revenues for the third quarter lifted 49% to $146.5 million, driven by strength in both its retailer and e-commerce channels.
Beauty
L’Occitane buoyant thanks to Sol de Janeiro’s performance
In the first nine months of fiscal 2022-23, cosmetics group L’Occitane recorded a 10.6% rise in sales, a performance largely due to the Sol de Janeiro brand, acquired in November 2021.
Beauty
LVMH, L'Oréal, Shiseido said to be vying to buy stake in Aesop
According to Bloomberg, LVMH, L'Oréal and Japanese group Shiseido are competing to buy a stake in Aesop, the much sought-after premium beauty brand owned by Brazilian group Natura & Co.
Beauty
Hein Schumacher is new Unilever CEO
Global beauty and consumer products giant Unilever has announced its new CEO who’s set to take over from outgoing chief Alan Jope on 1 July. And his name? Step forward Hein Schumacher.
Beauty
John Lewis beauty trends forecast takes in mushrooms, skin HIIT
John Lewis has launched a new Beauty & Wellness Moments report and has focused on a number of key beauty trends it sees as big for 2023.
Beauty
FaceGym launches in Australia, New Zealand in deal with Mecca
London-based skincare brand FaceGym has just launched into Australia and New Zealand, opening its first studio there and announcing an exclusive partnership with beauty retailer Mecca.
Beauty
News analysis: will it be a long road back to profit for Boohoo Group?
Boohoo has fallen from grace spectacularly since the pandemic. But here's why we shouldn't write it off just yet, even though it might take some time for it to regain its former glory
Fashion
Brand Architekts CFO quits
Brand Architekts Group is losing its Chief Financial Officer. Tom Carter has resigned from his role and from the board to become CFO at OnTheMarket, the UK challenger beauty business said Tuesday.
Beauty
UK's Revolution Beauty names new US president
UK-based cosmetics and skincare brand Revolution Beauty has promoted Sara Staniford to President of its US operations. She previously held the role of Group Retail Director London.
Beauty
Primark performance justifies stores-only stance as city footfall bounces back
Primark's trading update has revealed more upbeat news with the chain “good in all markets and ahead of expectation”. Total sales and like-for-likes rose in double digits and city centre footfall recovered.
Fashion
Shiseido Americas rejigs leadership
Shiseido Americas announced on Monday the appointment of Agnes Landau as chief marketing officer, US, a newly created role.
Beauty