The latest news
Five executives at India's Nykaa resign in latest departures
Five executives at India's Nykaa have resigned, a spokesperson said on Friday, the latest departures at the beauty company amid intensifying competition and a falling stock price.
Warpaint London delivers buoyant trading update
Beauty specialist Warpaint London delivered a pleasing trading update on Friday and said that its strong performance last year has continued during Q1.
Sephora at Kohl’s to open 250 locations in 2023
Kohl’s announced on Wednesday plans to open 250 full-sized Sephora stores, as part of the Sephora at Kohl’s experience in 2023.
ASOS expands Face+Body beauty offer
ASOS is expanding its Face+Body beauty range in response to rocketing social media demand. Malin+Goetz, Megababe and The Beauty Crop are being added to the range this spring, taking it beyond 200 brands.
Puig annual revenues up 40% in 2022 to €3.6 billion
Annual revenues at Puig, the diversified Spanish fragrance, beauty and fashion group grew by a whopping 40% in 2022 to €3.620 billion, as the company accelerated out of the pandemic.
True Botanicals secures Series B funding from NextWorld Evergreen
Clean skincare brand True Botanicals announced on Wednesday the closing of a Series B investment from San Francisco-based growth equity firm NextWorld Evergreen.
Micro-influencers and K-Pop stars are key to beauty brands - report
The strong appeal of K-Pop stars and the authenticity of micro-influencers were vital to the marketing efforts of beauty brands in the second half of 2022, a new report from Launchmetrics has shown.
Sylvie Moreau on Sephora's UK opening and its ambitions for the new market
Following the opening of the new London Sephora store, the first in the UK, on March 8, FashionNetwork.com spoke to Sylvie Moreau, president Europe and Middle East of the LVMH perfume chain.
L'Oréal invests in green chemistry with Unilever and Kao
To develop new sustainable ingredients derived from living organisms, L'Oréal is investing in a joint venture between US biotechnology specialist Genomatica (Geno), Unilever, and Kao.
Glossier appoints new creative director amid C-suite shake up
Glossier is shaking up its all-women executive team with several key appointments, starting with the promotion of Marie Suter as chief creative director.
Analysis: as John Lewis mulls ownership tweak, why is it lagging rival M&S?
Not so many years ago, John Lewis was unstoppable while M&S was in an endless turnaround phase. Today, the situation has reversed and John Lewis is even reportedly thinking of changing its prized ownership structure.
Revlon to emerge from bankruptcy in April, 2022 earnings take a dive
U.S. cosmetics giant Revlon Inc. revealed net sales for the year ended December 31 dropped 4.7% to $2.98 billion, as the bankrupt company swung to even wider losses in 2022.
Cosmoprof beauty show in Bologna to host 2,900 exhibitors from 64 countries
The beauty trade show will take place in Bologna, Italy, on March 16-24, and is back to pre-Covid numbers with exhibitors from 64 countries, 60% of them from Europe, visitors from 116 countries and buyers from over 50.
John Lewis losses grow, launches bigger costs-savings drive
When a results release starts with a message to the staff talking about “another very tough year”, you know it’s not going to be good and so it was with John Lewis Partnership on Thursday.
Vanessa Hudgens relaunches Know Beauty
Actress, singer, and entrepreneur Vanessa Hudgens announced on Wednesday the relaunch of Know Beauty with the debut of a new detoxifying clay face mask.
Coty lifts full-year guidance
Global beauty company Coty Inc. announced on Wednesday an update on its financial progress and guidance for fiscal 2023, as well as future growth opportunities.