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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
Cosmetics
|
Hair Care
P&G Delivers Strong Results in Q2 2024
Beauty segment organic sales increased one percent versus year ago, driven by hair care.
01.23.24
Estée Lauder Named America’s Most Responsible Companies of 2024
Prestigious beauty company makes Statista’s annual list.
01.23.24
Cosmetics
L’Oréal CEO Nicolas Hieronimus Speaks Against Permanent Remote Work
Accuses remote employees of having ‘no attachment, no passion, no creativity.’
01.22.24
Retail Giant Macy's Downsizes Workforce, Shuts Stores Amid Online Shift
A holiday spending surge failed to stem job losses at Macy's.
01.19.24
Sally Beauty Holdings to Webcast First Quarter Financial Results
The company will discuss its strategy during the live teleconference on February 1.
01.18.24
Max Solutions Acquires Bellwyck Packaging
Bellwyck is an ideal fit for Max Solutions’ key end markets.
01.10.24
Cosmetics
Innovative Beauty Group Acquires Roberts Beauty
Roberts Beauty is anticipated to be a strong growth platform for IBG on the West Coast.
01.09.24
Cosmetics
L’Occitane Group Announces Leadership Transition
Acting CEO André J. Hoffmann will step down and be succeeded by Laurent Marteau.
01.08.24
Fragrances
L’Occitane Group Acquires Italian Luxury Fragrance Brand Dr. Vranjes Firenze
Complements its portfolio of premium beauty and fragrance brands.
01.04.24
Skin Care/Sun Care
Shiseido Acquires Dr. Dennis Gross Skincare
Adds dermatologist-led prestige skincare brand to Shiseido’s global portfolio.
01.02.24
Hair Care
Unilever Acquires Biotech Haircare Brand K18
Complements its fast-growing portfolio of premium, culturally-relevant consumer brands.
12.22.23
Personal Care
L Catterton Invests in Chinese Personal Care Children’s Brand
Hi!Papa targets children 3-12 years old.
12.20.23
Personal Care
Unilever Agrees to Sell Elida Beauty to Yellow Wood Partners
Elida Beauty comprises more than 20 beauty and personal care brands including Q-Tips, Caress, Timotei and Tigi.
12.18.23
Cosmetics
Investors Make $5.8B Offer to Take Macy’s Private
The offer values Macy’s at about $21 a share.
12.12.23
Cosmetics
Class Action Lawsuit Filed Against The Estée Lauder Companies on Behalf of Investors
The complaint alleges that ELC misled investors with unrealistic and materially false statements about market demand and inventory levels.
12.11.23
Cosmetics
Shiseido Forms New Venture Fund
LIFT Ventures will be a vehicle for investing in innovative early-stage companies within the beauty wellness space.
12.08.23
Personal Care
P&G to Incur $2.5 Billion Charge Over Next Two Years
Blames restructuring and impairment charges associated with its Gillette business.
12.07.23
Cosmetics
|
Skin Care/Sun Care
Shiseido Establishes University in Ginza, Tokyo
The new talent development facility will nurture the next generation of Shiseido leaders.
12.06.23
Skin Care/Sun Care
L’Oréal Acquires Probiotic & Microbiome Research Company
Builds on 20 years of advanced research by L’Oréal into the microbiome scientific territory.
12.05.23
Breaking News
P&G Veteran Markus Strobel to Retire from Beauty Division
ICONS|ICS Receives the EcoVadis Platinum Medal & 2024 Sustainability Leadership Award
E.l.f. Beauty Rings the Opening Bell at the NYSE
MakeUp Eraser Launches Cowgirl Print Set
Naturium Expands Body Wash Lineup
View Breaking News >
CURRENT ISSUE
March 2024
Color Cosmetic Packaging That Improves Brand Value
Bobbi Brown Receives Color Cosmetic Packaging Honors
‘Limitless’ Labels for Deco & Customization
Packaging for ‘Swipe ‘n Go’ Beauty Sticks
Cosmoprof & Cosmopack Shows Premiere in Miami
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