E.l.f. Beauty Announces $1 Price Hike, Citing Inflation and Tariffs E.l.f. Beauty, known for its affordable yet quality makeup products, has recently announced that it will be implementing a $1 price increase across its range of cosmetics starting in August. This decision comes as a response to the challenges posed by inflation and tariffs, which […]
Unilever to Invest $1.5 Billion in Mexico, Including New Factory
Unilever’s $1.5 Billion Investment in Mexico: A Strategic Move Towards Growth Unilever, the renowned consumer goods giant, has recently announced a significant investment of $1.5 billion in Mexico, marking a strategic move aimed at expanding its presence and operations in the region. A substantial portion of this investment, approximately $407 million, is earmarked for the […]
Chanel Closes NYC Beauty Concept Boutique
Chanel Closes NYC Beauty Concept Boutique Chanel, the iconic French luxury brand, has recently made headlines in the beauty world with the closure of its Chanel Atelier Beauté shop in New York City. This unique concept boutique, which offered a range of exclusive beauty services, has reportedly been shut down since January 2025, leaving many […]
P&G Lowers Sales Guidance on ‘Volatile’ Market Conditions
P&G Lowers Sales Guidance on ‘Volatile’ Market Conditions Procter & Gamble (P&G), a leading manufacturing company renowned for its wide range of consumer goods, has recently announced a revision in its sales guidance due to what it terms as ‘volatile’ market conditions. This decision comes on the heels of a 1 percent increase in prices […]
How to Get Beauty PR Right in Africa
How to Get Beauty PR Right in Africa In recent years, global beauty giants like MAC Cosmetics and L’Oréal have been making significant strides in Africa. These industry leaders have been diligently laying the groundwork and establishing robust distribution channels across the continent. However, their focus has now shifted towards creating impactful marketing activations to […]
L’Oréal Aiming for 5% Growth in China This Year
L’Oréal Aiming for 5% Growth in China This Year L’Oréal, the global cosmetics giant, is setting its sights on a 5% growth target in China for the current year. This ambitious goal comes straight from the North Asia chief executive, Vincent Boinay, who expressed his optimism about the market during a recent announcement. According to […]
L’Oréal Bets on Longevity Biotech Company Timeline
L’Oréal Bets on Longevity Biotech Company Timeline L’Oréal, the renowned beauty and cosmetics giant, has set its sights on the promising field of longevity biotechnology with its recent investment in Timeline, a company that has been making waves since its establishment in 2007. Timeline has carved a niche for itself by concentrating on the intricate […]
Dolce & Gabbana Looks to Beauty to Safeguard Independence
Dolce & Gabbana Looks to Beauty to Safeguard Independence Italian luxury fashion house Dolce & Gabbana is setting its sights on the lucrative beauty industry to ensure its independence and solidify its market presence. With a strategic move towards in-house management of its beauty products, the company is aiming to achieve €1 billion in annual […]
E.l.f. Beauty Sued in Securities Claims Class-Action Lawsuit
E.l.f. Beauty Faces Securities Claims Class-Action Lawsuit Over Short-Seller Report E.l.f. Beauty, the popular cosmetics brand known for its affordable and trendy products, is currently in the midst of a legal battle. The company has been sued in a securities claims class-action lawsuit that alleges wrongdoing based on a November 2024 short-seller report. E.l.f. Beauty […]
Palm Angels’ Francesco Ragazzi Launches Fragrance Line
Palm Angels’ Francesco Ragazzi Launches Fragrance Line Francesco Ragazzi, the creative genius behind Palm Angels, is set to make waves in the world of luxury fragrances with the launch of his seven-piece collection, Réservation. This highly anticipated line is slated to debut at the prestigious specialty retailer Violet Grey on March 3, promising a harmonious […]