Coty Stares Into a Gucci-less Void The beauty industry is abuzz with the recent news that L’Oréal is poised to take over the coveted Gucci license in a few short years. This shift in licensing agreements has sent shockwaves through the sector, particularly for Coty, the US conglomerate currently holding the rights to the prestigious […]
Coty Revenues Drop 6%, Forecasts Second-Quarter Sales at Top End of Guidance
Coty Revenues Drop 6%, Forecasts Second-Quarter Sales at Top End of Guidance Cosmetics powerhouse Coty has recently announced a 6% decrease in revenues, sparking concerns among investors and industry analysts. However, the American beauty giant remains optimistic as it forecasts second-quarter sales to align with the top end of its guidance. This resilience in the […]
Augustinus Bader Launches Lower-Price Line With Dua Lipa
Augustinus Bader Launches Lower-Price Line With Dua Lipa Renowned skincare brand Augustinus Bader has taken a significant step in expanding its reach and accessibility with the launch of a lower-priced line in collaboration with the multi-talented artist, Dua Lipa. The new line, aptly named Dua by AB Science, made its highly-anticipated debut on Tuesday, offering […]
Skims Appoints Ami Colé Founder for Upcoming Beauty Division
Skims Appoints Ami Colé Founder for Upcoming Beauty Division Skims, the renowned shapewear and loungewear brand founded by Kim Kardashian West, is making waves once again in the beauty industry. The company has recently announced the appointment of Diarrha N’Diaye as the executive vice president of Skims’ upcoming beauty and fragrance division. This strategic move […]
Tirtir Appoints V from BTS as Global Brand Ambassador
Tirtir Appoints V from BTS as Global Brand Ambassador Tirtir, the Korean makeup brand that made its debut in Ulta Beauty stores this past August, is taking a bold step towards global recognition by appointing none other than V from BTS as its new brand ambassador. This strategic move aims to leverage the immense popularity […]
Puig Warns of ‘Softer’ Fragrance Market, Sales Increase 6.1%
Puig Warns of ‘Softer’ Fragrance Market as Sales Increase by 6.1% Puig, the Spanish conglomerate behind popular brands like Byredo and Charlotte Tilbury, has recently issued a warning about the state of the fragrance market. Despite an overall sales increase of 6.1%, the company noted a significant difference in performance across its various units and […]
Estée Lauder Beats Quarterly Estimates on Robust Growth in Fragrances
Estée Lauder Companies Beats Quarterly Estimates with Strong Fragrance Sales The Estée Lauder Companies have once again proven their mettle in the beauty industry by surpassing Wall Street’s expectations for first-quarter sales and profit. This success can be attributed to the robust growth in fragrances, particularly driven by the popularity of Le Labo and Tom […]
The Business of Beauty Global Forum: How Do We Create Connection?
The Business of Beauty Global Forum: How Do We Create Connection? The recent session of The Business of Beauty Global Forum brought together industry experts Pamela Anderson, Isayama Ffrench, and Glossier chief executive Kyle Leahy to delve into the intricacies of building unique beauty brands and fostering authentic connections with customers. In today’s ever-changing beauty […]
The Business of Beauty Global Forum 2023
The Business of Beauty Global Forum 2023: A Must-Attend Event for Industry Leaders The beauty industry is constantly evolving, with new trends, technologies, and consumer preferences shaping the way businesses operate. For industry professionals looking to stay ahead of the curve, events like The Business of Beauty Global Forum are essential. And in 2023, this […]
The Business of Beauty Global Forum Is 4 Weeks Away — Register Now for the Global Livestream
The Business of Beauty Global Forum Is 4 Weeks Away — Register Now for the Global Livestream Mark your calendars for May 30 and 31, 2023, as the highly anticipated Business of Beauty Global Forum is just around the corner. This prestigious event promises to bring together industry leaders, visionaries, and innovators from around the […]