Navigating the Changing Tides: The Evolution of the Perfume Industry In recent years, the fragrance sector has experienced a remarkable boom, with a myriad of new scents hitting the market and captivating consumers worldwide. However, as with any trend, the fervor surrounding perfumes is showing signs of waning. This shift in consumer sentiment has prompted […]
Korean Beauty Startup Tops Industry Giant’s Market Value
Korean Beauty Startup Tops Industry Giant’s Market Value In the ever-competitive world of beauty and skincare, South Korean home-beauty device company APR Corp. has made waves by surpassing an industry leader’s market value. The company’s stock reached a record high after reporting impressive second-quarter earnings, fueled by a sharp increase in overseas demand for its […]
Milk Makeup Owner Waldencast Acquires Dermal Filler Company
Milk Makeup Owner Waldencast Acquires Dermal Filler Company Waldencast, the parent company of popular cosmetics line Milk Makeup and doctor-led skincare brand Obagi, has made a strategic move that is set to shake up the aesthetics industry. The recent acquisition of Novaestiq, an injectables maker known for its innovative dermal fillers, marks a significant step […]
A 36-Year-Old Beauty Mogul Is South Korea’s Newest Billionaire
A 36-Year-Old Beauty Mogul Is South Korea’s Newest Billionaire In the realm of beauty and cosmetics, South Korea has been making waves globally with its innovative products and trends. One name that has recently emerged at the forefront of this booming industry is Kim Byung Hoon, the founder of APR Corp. At just 36 years […]
The ‘Silicon Valleys’ of Beauty Brace for Tariffs
The ‘Silicon Valleys’ of Beauty Brace for Tariffs From Seoul to Melbourne, new cities are emerging as frontrunners in the beauty start-up space. The independent brands created in these hubs are fast becoming hot acquisition targets, but understanding the limits of their global appeal is key. In the realm of beauty and cosmetics, innovation knows […]
Estée Lauder Companies, L’Oréal Suffer as China Duty-Free Spend Continues to Fall
Estée Lauder Companies, L’Oréal Suffer as China Duty-Free Spend Continues to Fall The allure of the Chinese travel retail market has long been a beacon of hope for global beauty conglomerates like Estée Lauder Companies and L’Oréal. With the influx of Chinese tourists seeking luxury goods at duty-free shops, these companies positioned themselves to capitalize […]
L’Oréal Is Selling $1 Billion of Bonds in US Market Debut
L’Oréal Makes Landmark Move with $1 Billion Bond Sale in US Market Debut L’Oréal, the world-renowned cosmetics conglomerate, has made a significant financial move by entering the US corporate bond market for the first time in its history. This strategic decision to sell $1 billion of bonds marks a milestone for the company, showcasing its […]
Coty Cuts Annual Profit Forecast
Coty Cuts Annual Profit Forecast: What’s Next for the Beauty Giant? Coty, the global beauty company known for its wide range of cosmetic and fragrance brands, recently announced a downward revision of its annual profit forecast. The news sent ripples through the market, with the company’s shares falling about 2 percent in extended trading. This […]
Beauty Dupes Are More Expensive Than the Originals Now
Beauty Dupes Are More Expensive Than the Originals Now In the world of cosmetics, finding a budget-friendly dupe for a high-end product has always been a thrill for makeup enthusiasts. However, a shift in the beauty industry has brought about a surprising trend: beauty dupes are now more expensive than the originals. Your lipstick’s evil […]
LVMH Perfumes and Cosmetics Revenue Declines 1%
LVMH Perfumes and Cosmetics Revenue Declines 1% In the ever-competitive world of luxury goods, even the giants can face challenges. Recently, LVMH, the renowned luxury conglomerate, experienced a slight dip in its Perfumes and Cosmetics division revenue. In 2025, the beauty arm of the company saw a 1% decline in revenue, a surprising turn of […]