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Fragrances
Inter Parfums Reports First Quarter Net Sales
The company saw a strong first quarter, with sales up 4% due to an even distribution of new fragrance launches.
04.25.24
Skin Care/Sun Care
Galderma Reports Net Sales of Over $1 Billion in Q1 and 12.4% Year-on-Year Growth
Growth occurred across geographies, especially in international markets, while U.S. growth accelerated year-on-year.
04.25.24
Health and Beauty
Gregg Renfrew Buys Beautycounter Back From Foreclosure
Beautycounter founder will regain control of the company, as she purchases the brand out of foreclosure.
04.19.24
Personal Care
|
Skin Care/Sun Care
Beiersdorf Reports Strong First Quarter of 2024
Group sales rise to $2.8 billion, driven by Nivea’s strong growth.
04.18.24
Cosmetics
|
Fragrances
LVMH Profits Rise in Perfumes and Cosmetics
Despite geopolitical and economic uncertainty, LVMH’s organic revenue growth reached 3% and Perfumes & Cosmetics achieved 7% organic revenue growth.
04.17.24
Cosmetics
|
Health and Beauty
Weekly Recap: Rare Beauty’s Certified, L’Oréal Paris Campaign, Kenvue Consolidates & More
The most viewed news on our site for the week ended April 13, 2024.
04.15.24
Neutrogena Closes LA Office and Issues Job Cuts
Kenvue consolidates operations in NJ, laying off 84 employees.
04.10.24
Manzanita Capital Considers Selling Space NK
The UK retailer might be put up for full or partial sale for roughly $379 million to $505 million.
04.08.24
Health and Beauty
Ulta Shares Drop as the Demand in Beauty is Slow in Q1
E.l.f. Beauty, Coty, and Estée Lauder also report a dip in shares.
04.05.24
Cosmetics
|
Fragrances
IFF Completes Divestiture of Cosmetic Ingredients Business
Clariant now owns IFF’s Cosmetic Ingredients business and will continue to deliver ingredients to the cosmetic and personal care product portfolio.
04.04.24
Cosmetics
|
Fragrances
Beauty Leaders Land on Forbes' 2024 Billionaires List
LVMH chairman and CEO Bernard Arnault ranks at #1 on the list of richest billionaires in the world, with a net worth of $233 billion.
04.03.24
Cosmetics
|
Fragrances
Monogram Capital Partners Gains Majority Stake in Tru Fragrance & Beauty
Tru is Monogram’s seventh beauty brand investment in the past five years.
04.02.24
Bath/Body
|
Cosmetics
|
Health and Beauty
|
Skin Care/Sun Care
Weekly Recap: BBW Bridgerton Collection, E.l.f. at NYSE, Clarins Party & More
The most viewed news on our site for the week ended March 22, 2024.
03.25.24
Cosmetics
Smithers Finds That Sustainable Packaging Offers a Key Differential in Cosmetic Sales
A positive compound annual growth rate of +4.2% is forecast through to 2028.
John Nelson, Smithers Editor
03.24.24
Selena Gomez Explores Selling Rare Beauty
The brand is exploring potential options for the business as Gomez hires investment bankers.
03.22.24
Top Exec Changes at LVMH
Antonio Belloni hands off key duties to Stéphane Bianchi.
03.22.24
Cosmetics
|
Health and Beauty
Sephora Exits the South Korean Market
Online, mobile app and in-store operations will begin to wind down starting May 6.
03.22.24
Health and Beauty
L Catterton Creates New Beauty Venture
Elevate Beauty houses Irene Forte Skincare, Dibs Beauty and Eighth Day.
03.21.24
Coty Wins this Year’s Euronext Best Listing Award in Large Cap Category
In 2023, Coty’s global offerings were the largest to date on Euronext Growth.
03.21.24
Natura &Co Releases 2023 Financial Results
The company sees improved profitability and improved margins due to the success of Natura and Avon in Latin America.
03.12.24
CDP Recognizes Kao as a Supplier Engagement Leader
Kao Corp. is recognized for the seventh year in a row for its initiatives in reducing carbon admissions in its supply chain.
03.08.24
Cosmetics
|
Fragrances
|
Skin Care/Sun Care
Puig Reports Record 2023 Results Third Year in a Row
Puig's fragrance segment reached an all-time high market share of 11%.
03.07.24
Fragrances
|
Health and Beauty
Leste Group Acquires Significant Stake in Prestige Cosmetics
Leste plans to expand Prestige’s distribution capabilities in North America.
03.05.24
Fragrances
|
Health and Beauty
Douglas Plans for Frankfurt IPO
The German retailer plans to raise $868 million in the Frankfurt Stock Exchange to reduce company debt and refinance loans.
03.05.24
Skin Care/Sun Care
Clinical Skin Acquires Glytone Skincare
This acquisition advances Clinical Skin’s position within the cosmeceutical skincare industry.
03.04.24
Bath/Body
The Body Shop UK Shuts Down 75 Locations
The Body Shop will cut 489 jobs in its restructuring and keep 116 stores open.
03.01.24
Skin Care/Sun Care
Bridgepoint Buys RoC Skincare
Gryphon Investors finalize the sale of RoC Skincare after broadening the brand’s footprint internationally and in the U.S.
02.29.24
Fragrances
Inter Parfums Releases 2023 Fourth Quarter and Full Year Results
The company saw “record full-year net sales and earnings results.”
02.28.24
Cosmetics
|
Health and Beauty
E.l.f. Beauty Opens Its First European Office in London
This expansion represents e.l.f.’s commitment to growth and international business.
02.28.24
Macy’s to Close a Third of Its Namesake Stores
Macy’s will open more of its upscale Bloomingdale’s and Bluemercury stores.
02.27.24
The Lip Bar To Grant $25k to 3 BIPOC Entrepreneurs
The Lip Bar's new grant program aims to help empower BIPOC-owned small businesses—applications are open through April 12th.
02.22.24
Sol de Janeiro Expands in New York City at One Grand Central Place
The 11-year office lease signifies a relocation for Sol de Janeiro and allows for possible future expansion.
02.22.24
Bath/Body
|
Health and Beauty
Job Cuts at Kenvue
Former Johnson & Johnson consumer health department eliminates 135 positions.
02.21.24
Bath/Body
|
Fragrances
|
Health and Beauty
|
Men
|
Skin Care/Sun Care
Weekly Recap: Colgate Palmolive Lawsuit, Donna Karan Fragrance, CeraVe Commercial & More
The most viewed news on our site for the week ended February 17, 2024.
02.19.24
Cosmetics
|
Fragrances
|
Personal Care
|
Skin Care/Sun Care
A Guide to All the Mergers & Acquisitions in the Beauty Industry in 2024
A running list of this year's mergers and acquisitions in the beauty industry, so far—involving both beauty brands and suppliers.
Online Exclusives
Rachel Klemovitch, Assistant Editor
02.16.24
Personal Care
Nu Skin Releases Q4 and 2023 Full-Year Results
Nu Skin saw growth in its Hong Kong/Taiwan market accounting for 13% of Q4 revenue.
02.15.24
The Body Shop UK Enters Administration and Possible Bankruptcy
The UK division of The Body Shop begins a restructuring process similar to U.S. Chapter 11.
02.14.24
Coty Announces Strong Q2 and 1H24 Results
Results are above expectations thanks to Coty’s strengthened portfolio and renewed licenses.
02.08.24
e.l.f. Beauty Announces Third Quarter 2024 Results
The company reports an 85% increase in net sales and 20 consecutive quarters of net sales growth.
02.07.24
Natura & Co Plans Possible Separation of Natura & Co Latam and Avon
Natura & Co explores listing Avon and Natura & Co Latam as two independent listings
02.07.24
Shiseido America Completes Dr. Dennis Gross Skincare Acquisition
The company finalizes the acquisition after its announcement in January.
02.07.24
Hair Care
Henkel to Acquire Vidal Sassoon in China
Purchase of hair care brand strengthens Henkel’s presence in the Chinese Market.
02.01.24
Bath/Body
The Body Shop Sells Part of its European and Asian Business
Portions planned to be sold following Aurelius’ acquisition of the brand.
01.31.24
L’Occitane Announces 2023 Q3 Results
Group experiences solid growth driven by Sol de Janeiro and ELEMIS.
01.30.24
Cosmetics
|
Fragrances
LVMH Reports Record Year for 2023
Group reports 10% organic growth and a positive result from its LIFE 260 environmental program.
01.29.24
Health and Beauty
Walgreens Boots Alliance Elects Robert L Huffines to Board of Directors
He joins as an independent director, serving in the Finance and Technology Committee.
01.26.24
Cosmetics
|
Fragrances
|
Health and Beauty
|
Personal Care
|
Skin Care/Sun Care
A Look Back at the Biggest Beauty Deals & Acquisitions of 2023
Beauty companies often merge or get acquired—and these deals catapult growth. Here's a recap of some of the major beauty industry deals of '23.
Online Exclusives
Rachel Klemovitch, Associate Editor
01.25.24
Cosmetics
|
Fragrances
|
Health and Beauty
Lessons Learned from Prestige Beauty That Will Drive Growth in 2024
The consumer has a new mindset, which in turn, requires a new approach from the beauty industry.
Larissa Jensen, enior Vice President, Global Beauty Industry Advisor at Circana
01.25.24
Suave Brands Company Acquires ChapStick from Haleon
Yellow Wood’s portfolio company to take ownership of ChapStick in the first half of 2024.
01.25.24
Fragrances
Inter Parfums Reports Better-Than-Expected Q4 and Full Year Results
The company crossed $1.32 billion in net sales for the full year.
01.23.24
Breaking News
Independent Beauty Association Celebrates 50 Years
Coola Sunscreen Redesigns Packaging to be More Sustainable
Inter Parfums Reports First Quarter Net Sales
Jergens Honors Mother’s Day with Its ‘Mom-Sense Campaign’
Galderma Reports Net Sales of Over $1 Billion in Q1 and 12.4% Year-on-Year Growth
View Breaking News >
CURRENT ISSUE
March 2024
Color Cosmetic Packaging That Improves Brand Value
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Packaging for ‘Swipe ‘n Go’ Beauty Sticks
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