Coty Misses Quarterly Revenue Estimates: A Sign of Changing Trends in the Beauty Industry Coty, a global beauty company, recently announced a disappointing second-quarter revenue result, falling short of estimates and leading to a cut in its annual profit forecast. The company attributed this setback to several factors, including a decrease in demand for cosmetics […]
How to Get Into — And Stay In — Sephora
Cracking the Code: Mastering the Art of Getting Into and Thriving in Sephora In the ever-competitive beauty industry, securing a coveted spot on the shelves of top retailers like Sephora, Ulta Beauty, and Target can be a game-changer for brands. These retail giants wield significant influence, making the journey to getting in and staying in […]
Shiseido Profits Plummet 73% on Weak China Demand
Shiseido Profits Plummet 73% on Weak China Demand Shiseido, the renowned Japanese owner of popular beauty brands like Nars and Drunk Elephant, has recently been hit hard by a significant drop in profits. The company reported a staggering 73% decrease in its earnings, attributing this sharp decline to weak consumer demand in China. This downturn […]
L’Oréal Invests in Jacquemus, Inks Beauty Deal
L’Oréal Invests in Jacquemus, Inks Beauty Deal French fashion brand Jacquemus has been making waves in the industry with its unique designs and innovative approach to fashion. Now, the brand is set to make an even bigger splash with the news that cosmetics giant L’Oréal has taken a minority stake in the company as part […]
L’Oréal Sales Miss Estimates as China Demand Remains Weak
L’Oréal Sales Miss Estimates as China Demand Remains Weak French cosmetics giant L’Oréal recently faced a setback as its sales growth fell short of expectations, registering a mere 2.5 percent increase. The underperformance was primarily attributed to softened demand in the US market, further exacerbated by the persistent sluggishness in China, ultimately dragging down the […]
Estée Lauder Knows How to Cut Costs. Can It Also Rebuild Growth?
Estée Lauder: Streamlining for Success Estée Lauder Companies Inc., a global powerhouse in the beauty industry, has recently made headlines with its strategic moves to cut costs and restructure its operations. In Tuesday’s second-quarter earnings report, the conglomerate revealed its plans to streamline the business further, including additional job cuts and corporate restructuring. While these […]
Apply Now: The Business of Beauty Global Awards 2025
Apply Now: The Business of Beauty Global Awards 2025 In the ever-evolving beauty industry, recognition is key to success. Entrepreneurs are constantly striving to push the boundaries of innovation, creativity, and sustainability. In June 2025, the prestigious Business of Beauty Global Forum will once again celebrate the trailblazers who are shaping the future of the […]
The Business of Beauty Haul of Fame: Show, Don’t Smell
The Business of Beauty Haul of Fame: Show, Don’t Smell In a world where online shopping reigns supreme, the way we experience products has undergone a dramatic shift. From clothing to gadgets, the digital realm has transformed the way we browse, choose, and ultimately purchase items. One industry that has been particularly impacted by this […]
How to Keep the Gen-Z Fragrance Boom Going
How to Keep the Gen-Z Fragrance Boom Going The fragrance industry has been a beacon of light amid the recent slowdown in beauty sales. Despite the challenges faced by the beauty sector, fragrances have continued to captivate consumers, particularly those in the Gen-Z demographic. This generation, born between the mid-1990s and early 2010s, is known […]
Op-Ed | The Cost of Growth in Beauty
Op-Ed | The Cost of Growth in Beauty In the ever-evolving landscape of the beauty industry, maintaining momentum and staying ahead of the competition has become increasingly challenging for brands. As noted by Barclays’ Lauren Lieberman, the influx of new players and the impact of external factors have significantly raised the stakes for beauty companies […]