Cosmetics
The latest news
Prada dives into cosmetics with a make-up and skincare line
Already active in fragrance, the Italian label Prada is launching a range of make-up and skincare products on Tuesday August 1 via its online site.
Luxury
CIFF x Revolver gears up for first joint edition
From August 9 to 11, the Danish fashion fairs will hold their first unified edition. Over 800 fashion, beauty, and lifestyle brands will gather at Bella Center. We had the opportunity to interview the event's director.
Fashion
Harvey Nichols losses narrow as sales bounce back
Harvey Nichols has published its results for the year to April 2022 with the company remaining loss-making, but its overall performance clearly improving.
Luxury
L'Oreal upbeat on China despite market's softer rebound
Second-quarter sales at L'Oreal slightly beat expectations, as a rebound in China helped offset slower growth in the United States where the rising cost of living is prompting shoppers to tighten their purse strings.
Beauty
Kering buys 30% of Valentino, could buy full control, forges close links with Mayhoola
There was big news on Thursday afternoon as Gucci owner Kering and Valentino owner Mayhoola said the French luxury giant has acquired a 30% stake in Valentino for €1.7 billion in cash.
Luxury
Tarte Cosmetics names new CFO
Tarte Cosmetics has revealed several key leadership changes including the promotion of Sri Ganapathy to the role of chief financial officer.
Beauty
Y-3, G-Star and Skin Laundry to open on Melrose Avenue, Los Angeles
Y-3, G-Star and Skin Laundry are about to open stores on a stretch of Melrose Avenue, marked by a large number of stores up for grabs.
Fashion
L'Occitane: sales in the Americas soar by 57% in the first quarter
During the first quarter of its fiscal year, which ended on June 30, the beauty group reported a sales increase of 24.5%, driven by the Sol de Janeiro brand and the American market.
Beauty
Boohoo adds to Revolution Beauty stake
Boohoo Group has increased its stake in Revolution Beauty after settling a dispute with the firm that saw a number of Boohoo nominees joining the leadership team.
Beauty
Unilever beauty ops make progress in H1, prestige is strong
Unilever's first half results on Tuesday, showed some areas performing better than others but overall progress, with the group reporting underlying sales growth of 9.1%. Meanwhile turnover rose 2.7% to €30.4bn.
Beauty
Harvey Nichols boss says France wins in race for global shoppers, also lures shoppers from UK
Harvey Nichols' CEO is the latest exec to weigh in on the VAT-free shopping debate in the UK. She has highlighted how France has deftly attracted international shoppers and is attracting British shoppers too.
Fashion
More trouble for Revolution Beauty with FCA probe, Bill Currie takes stake
Revolution Beauty can’t seem to catch a break. In a brief stock exchange filing, the under-pressure beauty specialist said that the UK’s Financial Conduct Authority (FCA) has notified the firm that it has begun a probe.
Beauty
L Catterton takes a minority stake in cosmetics brand Irene Forte
L Catterton, the fund co-founded by the LVMH group and the Arnault family, is taking a minority stake in Italian cosmetics brand Irene Forte Skincare.
Beauty
Sephora to stage Sephoria event in Paris in October
In October, Sephora will stage the Sephoria event in Paris for the first time. It was held initially in 2018 in the USA, and it will allow the general public to discover the world of the LVMH group's beauty retailer.
Beauty
Selena Gomez sells $70 million of blush a year as brand booms
Selena Gomez keeps beating the odds. The 30-year-old has avoided the potential pitfalls of child stardom and launched a successful beauty brand.
Beauty
Estee Lauder hit by cyberattack, some business operations affected
Cosmetics maker Estee Lauder on Tuesday said a hacker had obtained some data from its systems, with the cyber incident causing, and expected to further cause, disruption to parts of the company's business operations.
Beauty