Zara, Kiehl’s, Jacquemus: Why Skiing Is Bigger Than Ever for Brands Skiing, once a niche sport enjoyed by a select few, has now transcended its traditional boundaries to become a mainstream phenomenon. The allure of the snow-capped mountains, the adrenaline rush of gliding down the slopes, and the cozy après-ski culture have all contributed to […]
The Hottest Trend in Makeup is Skincare
The Hottest Trend in Makeup is Skincare In the ever-evolving world of beauty, a new trend has been making waves – skincare-infused makeup. Brands like Versed, Glow Recipe, and Rhode Skin are leading the charge by introducing products that blur the lines between skincare and cosmetics. This innovative approach is revolutionizing the way we think […]
Coty Misses Quarterly Revenue Estimates
Coty Misses Quarterly Revenue Estimates: A Sign of Changing Trends in the Beauty Industry Coty, a global beauty company, recently announced a disappointing second-quarter revenue result, falling short of estimates and leading to a cut in its annual profit forecast. The company attributed this setback to several factors, including a decrease in demand for cosmetics […]
E.l.f. Beauty Shares Crater as Weakening Cosmetics Demand Dents Annual Forecasts
E.l.f. Beauty Faces Setback as Demand Wanes, Investors React E.l.f. Beauty, a prominent player in the cosmetics industry, experienced a significant blow as its shares nosedived by more than 20 percent during after-hours trading on Thursday. The root cause of this abrupt decline? The company decided to slash its annual net sales and profit projections, […]
Billionaire Bettencourt Meyers to Retire From L’Oréal’s Board
Billionaire Bettencourt Meyers to Retire From L’Oréal’s Board Francoise Bettencourt Meyers, the prominent heiress to the L’Oréal fortune, is set to step down from the company’s board later this year. This strategic move marks a significant transition in leadership within the cosmetics giant, as she plans to pass on her vice-chairman position to her son, […]
L’Oréal Sells €3 Billion of Sanofi Stock Back to Drugmaker
L’Oréal Sells €3 Billion of Sanofi Stock Back to Drugmaker L’Oréal, the renowned French cosmetics giant, has recently made a strategic move by selling €3 billion of Sanofi stock back to the drugmaker. This significant transaction is not just about reshuffling assets; it signifies a calculated step towards optimizing L’Oréal’s balance sheet. By divesting a […]
Ronald S. Lauder Retires from Estée Lauder Board
Ronald S. Lauder Retires from Estée Lauder Board Ronald S. Lauder, son of the iconic cosmetics company’s founder Estée Lauder, has recently announced his retirement from the Estée Lauder board. Lauder’s legacy within the beauty industry is undeniable, having joined the family business in 1964 and dedicated over 45 years to serving on the company’s […]
Puig to Assume Full Ownership of Charlotte Tilbury in 2031
In a significant shift within the beauty landscape, Puig, the Spanish fashion and beauty conglomerate, has announced that it will assume full ownership of Charlotte Tilbury’s cosmetics brand by early 2031. This move comes five years after Puig initially acquired a majority stake in the company in 2020. The extension of their partnership to 2030 […]
The Business of Beauty Haul of Fame: Lipstick You Can Snuggle
As the beauty industry continually shifts to align with consumer preferences, a new trend is emerging that reflects a desire for comfort and familiarity. This change in vibe is particularly noticeable with the latest lipstick launches, such as Maybelline’s Teddy Tint—a product inspired by softness, akin to the texture of a beloved stuffed animal. The […]
Premium Cosmetics Brand Violette_Fr Closes Series B Round
Violette_Fr, the avant-garde cosmetics line created by the renowned French makeup artist Violette Serrat, has announced a successful closure of its Series B funding round. This significant financial backing, led by Silas Capital—a New York-based investment firm known for its strategic focus on consumer brands—will facilitate the brand’s ambitions for product development, global outreach, and […]