Cosmetics
The latest news
Hermès opens third store in London's Harrods
Hermès has opened an entirely new space inside London’s Harrods, dedicated exclusively to women’s product. The store celebrates the “depth and richness” of its female-focused collections”.
Luxury
Hermès buoyant in Q1 as Asia, US and online soar
Hermès had a good first quarter as all of its business lines returned to growth and the company said it saw "a remarkable increase" in ready-to-wear and accessories, as well as watches and other categories.
Luxury
U.S. beauty consumers seek diversity in brand marketing
According to a study from market research company Mintel, 63% of Americans are inspired by beauty brands that show diversity in advertising, highlighting the growing importance of inclusivity in the cosmetics industry.
Beauty
New brands and lockdown help Feelunique swing to profit
Beauty e-commerce platform Feelunique continued to grow fast in its latest financial year with the 12 months to the end of March seeing total sales rising 26% to £103.5 million.
Beauty
Warpaint London says Q1 is strong, UK and US ops are growing
Cosmetics specialist Warpaint London, the listed company that’s no relation to men’s make-up firm War Paint, said Tuesday that Q1 trading has continued the strength it saw in the second half of last year.
Beauty
L'Oreal shares fall, performance at consumer products arm underwhelm some analysts
Shares in French cosmetics group L'Oreal fell on Friday, as some analysts expressed disappointment at figures from the company's consumer products division,, despite overall strong group results.
Fashion
Fashion and beauty e-commerce orders fall as retail reopens
It may come as no surprise, but online retail orders in the UK have fallen as a result of the reopening of non-essential stores in England and Wales.
Fashion
The Hut Group to boost acquisitions budget as beauty opportunities abound
The Hut Group plans to spend even more on making acquisitions in the future having set a new target of around £250 million a year for buying businesses, it said this week.
Fashion
L'Oreal beauty sales recovery accelerates, helped by China
Lancome maker L'Oreal on Thursday posted a further pickup in sales in the first quarter, helped by strong growth in China and online demand for beauty products.
Beauty
Inventing beauty: zero-waste eyeliner comes in plantable packaging
Sprout World, a specialist in sustainable writing instruments, has branched out into the world of beauty to present a sustainable alternative to a traditional cosmetics product with the first ever plantable eyeliner.
Beauty
Glossier appoints former L’Oréal executive Kleo Mack as brand vice president
US beauty brand Glossier, launched as an online business in 2014, has recently appointed former L’Oréal executive Kleo Mack to the newly created post of vice president of brand.
Beauty
Avon UK launches The #LiftLockPop Hashtag Challenge via TikTok
Avon UK made its TikTok ad campaign debut on Thursday as part of the global beauty brand’s digital transformation. The inaugural campaign supports its “latest beauty innovation”, Unlimited Instant Lift Mascara.
Beauty
The Hut Group revenues soar but one-off costs mean it's loss-making
The Hut Group (THG) swung to an operating loss in its 2020 financial year as one-off items drove it into the red. However, the company’s revenues surged during the period as all divisions outperformed.
Fashion
Estée Lauder Companies EVP global communications retires
The Estée Lauder Companies has announced the retirement of Alexandra Trower, executive vice president, global communications.
Beauty
Carlyle secures majority stake in Beautycounter
The private equity firm has taken a majority stake in the digital-native clean beauty brand, an investment that values the Santa Monica, California-based company at $1 billion and sets it up for accelerated growth.
Beauty
Courtin-Clarins family invests in Pai Skincare
The British organic cosmetics brand founded by Sarah Brown in 2007 has announced that it has received £6.4 million (7.5 million euros) from the investment fund run by the family that owns French beauty group Clarins.
Beauty