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 […]
Merit Beauty Launches at Sephora UK
Merit Beauty Makes a Splash at Sephora UK Merit Beauty, the three-year-old mass makeup label that has recently surpassed $100 million in annual profitable revenue, is set to conquer the hearts of makeup enthusiasts across the UK as it launches at Sephora, the renowned LVMH-owned retailer. This strategic move marks a significant milestone for the […]
The Business of Beauty Global Awards: An Update on 2024’s Winners
The Business of Beauty Global Awards: An Update on 2024’s Winners In the ever-competitive world of beauty, staying ahead of the curve is essential for success. The Business of Beauty Global Awards, known for recognizing innovative beauty startups, recently revealed the winners of its 2024 edition. These visionary companies have not only received prestigious accolades […]
Il Makiage Owner Reports Double-Digit Revenue Growth
Il Makiage Owner Reports Double-Digit Revenue Growth The beauty industry is constantly evolving, with trends and consumer demands shifting rapidly. In the midst of this ever-changing landscape, one company has managed to not only stay afloat but thrive. Oddity, the parent company of beauty labels SpoiledChild and Il Makiage, recently reported a remarkable revenue surge […]
California Bill Would Ban the Sale of Anti-Ageing Skincare to Children
California Bill Would Ban the Sale of Anti-Ageing Skincare to Children The beauty and skincare industry has long been criticized for promoting unrealistic beauty standards and targeting consumers of all ages. In a groundbreaking move, California is considering a bill that would ban the sale of anti-ageing skincare products to children. If passed, this legislation […]
Kayali Bought by Co-Founder and Private Equity Firm General Atlantic
Kayali Bought by Co-Founder and Private Equity Firm General Atlantic In a strategic move that has sent ripples through the beauty industry, Dubai-based Huda Beauty has made the decision to sell its popular fragrance line, Kayali. The acquisition will see the brand being bought back by its co-founder, Mona Kattan, alongside the reputable private equity […]
L’Oréal US Appoints New Head of Acquisitions
Ali Goldstein Appointed as Head of Acquisitions for L’Oréal US L’Oréal, the global beauty powerhouse, has made a strategic move by appointing Ali Goldstein as the new Head of Acquisitions for its US operations. Goldstein, who previously served as the US president of L’Oréal Paris, brings a wealth of experience and expertise to this role. […]
The Beauty Boom Crashes to a Halt
The Beauty Boom Crashes to a Halt The beauty industry, once considered recession-proof, is facing a significant challenge as the four biggest beauty conglomerates recently reported disappointing sales figures. Even once highly sought-after brands like Cerave and Drunk Elephant are losing their luster in the eyes of consumers. This downturn in the beauty market signals […]
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 […]