Perfume
The latest news
Bogart's revenue up by a modest 0.7% in 2023
In 2023, French group Bogart, whose brand portfolio includes perfumery chain April, as well as licensed and directly owned beauty brands Carven and Jacques Bogart, recorded a modest 0.7% revenue growth.
Beauty
New Body Shop owner 'plans administration of UK chain' - report
Aurelius has only owned The Body Shop for a few weeks but it's reportedly lining up administrators for the UK retail arm of the business, which means store closures and job losses are likely.
Beauty
Hermès booms globally, reports "outstanding sales" for 2023 and Q4
Ultra-luxury specialist Hermès was upbeat on Friday as it released what it said were “outstanding sales and results” with all of its product categories up in double-digits.
Fashion
Kering Beauté focuses on the high-end with Creed and a first fragrance with Bottega Veneta
The Group's beauty division will launch its first fragrance in 2024 starting with Bottega Veneta, then Balenciaga and Alexander McQueen, in the very high-end segment, taking advantage of synergies with Creed.
Luxury
Unilever's underlying beauty growth continues, 'premiumisation' helps
Global FMCG giant Unilever has unveiled its result for FY23 and along with the figures said it’s implementing its growth action plan “at pace”.
Beauty
Coty's premium fragrances, cosmetics launches drive quarterly revenue beat
Coty beat Wall Street estimates for second-quarter revenue on Wednesday, powered by higher pricing and strong demand for its high-end Burberry and Gucci fragrances and fresh launches of cosmetics in the U.S.
Beauty
Sephora rolls out new brand signature and campaign globally
LVMH’s global prestige beauty giant Sephora announced this week that it’s adopting a single brand signature for all its 35 markets for the very first time.
Beauty
Coty announces new beauty license with Marni
Beauty giant Coty has announced a new licensing agreement to develop, produce, and distribute a line of fragrances and beauty products “beyond 2040” for Marni. The first products should launch in 2026.
Luxury
Manzanita Capital acquires D.S. & Durga
London-based Manzanita Capital has acquired a majority stake in U.S. perfumer D.S. & Durga. Terms of the deal were not disclosed.
Beauty
Body Shop to sell parts of its Europe, Asia business, UK unaffected
The Body Shop owner Aurelius is to sell parts of the British ethical beauty retailer’s ops in Europe and Asia.
Beauty
Molton Brown announces Asia growth strategy, plus Europe, US expansion
Molton Brown is expanding in Asia. The Kao Corp-owned British luxury fragrance and personal care brand said Tuesday it’s accelerating its global growth strategy, partnering with luxury/lifestyle group Valiram.
Beauty
Avon is still very active in Russia - report
Avon, the international beauty business that has been UK-headquartered since 2016, continues to recruit new sales agents and manufacture in Russia, a new report has said.
Beauty
Giovanna Paoloni named CEO of Officina Profumo-Farmaceutica di Santa Maria Novella
Officina Profumo-Farmaceutica di Santa Maria Novella announced on Thursday the appointment of luxury brand veteran Giovanna Paoloni as its new chief executive officer.
Beauty
Givaudan boosts profits in 2023 thanks to price increases
On Thursday, the Swiss group specialised in fragrances and flavourings reported a better-than-expected net profit for 2023, up by 4.3% to CHF893 million (€940 million) thanks to price rises.
Beauty
Sephora: Greater China managing director leaves
Maggie Chan, Sephora’s managing director Greater China since November 2018, has stepped down from her role at the LVMH-owned selective perfumery chain.
Beauty
Interparfums reports record annual sales for fiscal 2023, expects margin above 19%
For fiscal 2023, the Interparfums group has reported record sales of €798.5 million, up by 13% on an annual basis, and indicated that operating margin for the year is expected to “exceed 19%.”
Beauty