The Lucrative Business of Skin Lightening: How Beauty Giants Like Unilever and L’Oréal are Profiting from a Multi-Billion Dollar Industry In a world where beauty standards continue to evolve, the skin lightening and bleaching industry have become a hot commodity, with global giants like Unilever and L’Oréal leading the way and reaping the financial rewards. […]
The Body Shop’s Suppliers to Receive No More Than a Quarter of £219 Million Owed
The Body Shop’s Suppliers to Receive No More Than a Quarter of £219 Million Owed The Body Shop, a renowned ethical beauty retailer, is facing a challenging situation as it navigates through the aftermath of falling into administration. With approximately £219 million ($284 million) owed to its suppliers, the company has announced that these creditors […]
Milk Makeup Owner Waldencast’s Sales Rise 27.5%
Milk Makeup Owner Waldencast’s Sales Rise 27.5% The beauty industry is constantly evolving, with trends coming and going at a rapid pace. One brand that has managed to stay ahead of the curve is Milk Makeup, owned by Waldencast. With a recent sales increase of 27.5%, it’s clear that they are doing something right. One […]
Ulta Beauty Braces for a Challenging 2025
Ulta Beauty Braces for a Challenging 2025 Ulta Beauty, the renowned US retailer in the beauty industry, is gearing up to face a challenging year ahead as it indicates a soft start to 2025. The beauty giant, known for its extensive range of beauty products and services, is feeling the impact of a global slowdown […]
Sephora Overhauls Asia Leadership After China Setback
Sephora Overhauls Asia Leadership After China Setback Sephora, the renowned beauty retailer under the umbrella of luxury conglomerate LVMH, is making strategic changes in its Asian leadership team following a challenging period in its Chinese operations. The company has appointed Guillaume Motte, its chief executive officer, to spearhead the brand’s endeavors in the lucrative Chinese […]
What Happened to Pat McGrath Labs?
The Decline of Pat McGrath Labs: What Went Wrong and How to Recover Pat McGrath Labs, the brainchild of the renowned makeup artist Pat McGrath, once stood as a beacon of success and innovation in the beauty industry. With its groundbreaking products and high-fashion collaborations, the brand quickly garnered a cult following and was valued […]
Kenvue Settles Proxy Fight With Activist Starboard
Kenvue Resolves Proxy Fight With Activist Starboard In a move to quell tensions and refocus its efforts towards growth, Kenvue recently announced the settlement of a contentious proxy fight with activist investor Starboard. The resolution comes after months of back-and-forth regarding the company’s performance in the skincare and beauty segment, ultimately culminating in a strategic […]
L’Oréal Divests Hair Care Line Carol’s Daughter
L’Oréal Divests Hair Care Line Carol’s Daughter L’Oréal, the French multinational beauty giant, recently made waves in the industry by divesting the hair care line Carol’s Daughter. Originally founded in Brooklyn in 1993, Carol’s Daughter quickly made a name for itself by focusing on the needs of curly, coily, and Afro-textured hair. The brand’s commitment […]
Rabanne Owner Puig Expects Slower Sales Growth in 2025
Rabanne Owner Puig Expects Slower Sales Growth in 2025 Puig, the renowned owner of iconic fragrance brand Rabanne, is anticipating a shift in tides as they brace themselves for a slower sales growth in the upcoming year. This projection comes in the wake of a global beauty slowdown, coupled with the looming threat of potential […]
Uoma Beauty Founder Sues the Brand’s New Owners
Uoma Beauty Founder Sues the Brand’s New Owners In a surprising turn of events, Uoma Beauty founder, Sharon Chuter, has taken legal action against the brand’s new owners following the December 2023 acquisition of the company’s assets. Chuter’s lawsuit alleges that the sale of Uoma Beauty was unauthorized and seeks damages for what is described […]