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l'oreal

Coty misses revenue estimates on cautious retail orders, Lacoste license sale

by Lionel Rogers
Coty misses revenue estimates on cautious retail orders, Lacoste license sale

By Reuters Published Aug 21, 2024 CoverGirl parent Coty missed fourth-quarter revenue expectations on Tuesday, impacted by its divestiture of Lacoste fragrance license and controlled orders from cautious retailers, which …

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Tapestry quarterly profit beat Wall Street’s view despite sales dip

by Lionel Rogers
Tapestry quarterly profit beat Wall Street’s view despite sales dip

Tapestry Inc.’s shares rose on 15 August as the maker of handbags and clothing’s quarterly results beat Wall Street expectations amid continued weak consumer confidence and inflation fears. See catwalkCoach …

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Beiersdorf misses profit forecast, says slow China hit luxury brand sales

by Lionel Rogers
Beiersdorf misses profit forecast, says slow China hit luxury brand sales

By Reuters Published Aug 7, 2024 Nivea maker Beiersdorf missed expectations for half-year operating profit on Wednesday, and said the luxury market slowdown in China had hit the sales of …

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Don’t count on the ‘Lipstick Index’ for the next recession

by Lionel Rogers
Don’t count on the ‘Lipstick Index’ for the next recession

By Bloomberg Published Aug 9, 2024 When the economy takes a turn for the worse, consumers choose affordable treats such as cosmetics. That’s been the wisdom since the 2001 recession, when …

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Viktor & Rolf debuts in Amazon Premium Beauty Store

by Lionel Rogers
Viktor & Rolf debuts in Amazon Premium Beauty Store

Viktor & Rolf Fragrances has officially launched in the Amazon Premium Beauty Store, bringing the brand’s fragrances to a broader audience. Viktor & Rolf debuts in Amazon Premium Beauty Store. …

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The Body Shop edges closer to UK rescue deal

by Lionel Rogers
The Body Shop edges closer to UK rescue deal

By AFP Published Jul 17, 2024 The UK arm of cosmetics group The Body Shop is in exclusive rescue talks with investment firm Aurea, administrators brought in to save parts …

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Naomi Watts’ Stripes Beauty acquired by L Catterton

by David Johnson
Naomi Watts’ Stripes Beauty acquired by L Catterton

Actress Naomi Watts’ beauty brand Stripes Beauty has been acquired by LVMH-backed investment firm L Catterton, the duo announced on Monday. Naomi Watts – Courtesy Terms of the deal were not …

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Skincare brand Augustinus Bader sees sales growth of up to 40%

by David Johnson
Skincare brand Augustinus Bader sees sales growth of up to 40%

By Bloomberg Published Jun 21, 2024 Augustinus Bader, the skincare label co-founded by a former BTG Pactual banker, is on track to grow by as much as 40% this year …

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L’Oreal’s Age Renew serum loved by Jane Fonda is now £10 at Boots

by David Johnson
L’Oreal’s Age Renew serum loved by Jane Fonda is now £10 at Boots

Savvy shoppers are snapping up a powerful anti-ageing serum on Boots for a bargain price as the high-street retailer drops nearly 100 products in its weekly £10 deal. One of …

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Amorepacific appoints new North America head on leadership reshuffle

by David Johnson
Amorepacific appoints new North America head on leadership reshuffle

Korean beauty giant Amorepacific has appointed Giovanni Valentini to the role of CEO of its North America regional headquarters, effective June 1. Giovanni Valentini – Courtesy A luxury beauty veteran, Valentini joins …

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