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Cosmetics

The latest news

THG to undertake "detailed scrutiny" of board in months ahead

THG to undertake "detailed scrutiny" of board in months ahead

​THG could see major board-level changes as the online beauty and technology group continues to see its performance struggle. The structure of board will be a “prime focus” of “detailed scrutiny”, its new chair has said.
Beauty
Coty lifts annual profit forecast on resilient demand for luxury cosmetics

Coty lifts annual profit forecast on resilient demand for luxury cosmetics

Cosmetics maker Coty Inc raised its full-year profit outlook on resilient demand for its high-end fragrances and skincare products even at a time inflation in most countries has soared to multi-year highs.
Beauty
Estée Lauder names Tara Simon president of Too Faced

Estée Lauder names Tara Simon president of Too Faced

The Estée Lauder Companies announced on Friday the appointment of Tara Simon to the role of global brand president of Too Faced, effective July 1, 2022. 
Beauty
Estée Lauder launches fund to help women develop leadership skills

Estée Lauder launches fund to help women develop leadership skills

Estée Lauder is launching Estée Lauder Emerging Leaders (ELEL), a charitable fund that aims to help women develop and strengthen their leadership skills in the corporate world.
Beauty
Dolce & Gabbana reveals development plans for new beauty business

Dolce & Gabbana reveals development plans for new beauty business

The luxury brand has unveiled its first two beauty corners in Milan. The CEO of Dolce & Gabbana Beauty tells us about the new company’s development plans. 
Beauty
Natura has tough Q1 as Body Shop struggles, but Aesop is strong

Natura has tough Q1 as Body Shop struggles, but Aesop is strong

​The Body Shop, Aesop and Avon owner Natura &Co said on Friday that its Q1 “performance was impacted by the continued Avon transformation, challenging global environment and tough comparable base”.
Beauty
Revlon narrows earnings loss on record first-quarter operating income

Revlon narrows earnings loss on record first-quarter operating income

U.S. cosmetics giant Revlon Inc. announced on Wednesday an almost 8% uptick in net sales for the first quarter, helping the company post record operating income for three months ending March 31.  
Beauty
Revolve fires with first quarter sales surge, active customers hit 2 million

Revolve fires with first quarter sales surge, active customers hit 2 million

Luxury e-commerce company Revolve Group Inc. announced on Tuesday a 58% sales surge for the first quarter ending March 31, on the back of double-digit growth in new active customers for the three months. 
Fashion
Estee Lauder cuts profit forecast on China COVID curbs, Ukraine crisis

Estee Lauder cuts profit forecast on China COVID curbs, Ukraine crisis

Estee Lauder Cos Inc cut its full-year profit forecast on Tuesday as fresh COVID-19 curbs in China and the suspension of operations in Russia following the invasion of Ukraine dent the cosmetics maker's sales.
Beauty
Rouje ups commitment to beauty with the launch of Les Filles en Rouje

Rouje ups commitment to beauty with the launch of Les Filles en Rouje

The brand, owned by influencer Jeanne Damas, is upgrading its beauty line. Its renewed identity includes a new name and logo independent of its main ready-to-wear line and will launch its first palette on May 8.
Beauty
Victoria’s Secret and Pink Beauty launches on Amazon

Victoria’s Secret and Pink Beauty launches on Amazon

Victoria’s Secret & Co. is expanding its product offerings and reach beyond the company’s stores and e-commerce site with the launch of Victoria’s Secret Beauty and Pink Beauty products on Amazon. 
Beauty
Younger beauty consumers demand same-day delivery - report

Younger beauty consumers demand same-day delivery - report

​Gen Z and Millennial consumers are fond of buying beauty online, but they’re getting more demanding when it comes to delivery times and next-day won’t do for many of them.
Beauty
Prestige beauty boosts Unilever in Q1

Prestige beauty boosts Unilever in Q1

​Unilever’s Q1 results on Thursday saw the multinational fast-moving consumer goods firm turning in a strong sales rise, although that was down to price rises with volume sales actually dipping slightly.
Beauty
Faire heads downunder with Australia entry

Faire heads downunder with Australia entry

Online wholesale marketplace Faire announced on Wednesday its entry into Australia, as the U.S. firm expands its global reach beyond North America and Europe. 
Fashion
India's Reliance, Apollo Global plan joint bid for Walgreens' Boots business

India's Reliance, Apollo Global plan joint bid for Walgreens' Boots business

Indian conglomerate Reliance Industries Ltd and U.S. buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots, a spokesperson for Apollo confirmed on Wednesday.
Beauty
LVMH Beauty to develop carbon-neutral packaging with Origin Materials

LVMH Beauty to develop carbon-neutral packaging with Origin Materials

To reduce the carbon footprint of its perfumes and beauty products’ packaging, LVMH has inked a partnership deal with US company Origin Materials, specialised in producing carbon-negative materials.
Beauty