Sally Beauty Holdings said on Thursday second quarter sales declined for the three months ending March 31, hindered by supply chain and inflation, affecting sales in the firm's largest segment Sally Beauty Supply.
Luxury e-commerce company Revolve Group Inc. announced on Tuesday a 58% sales surge for the first quarter ending March 31, on the back of double-digit growth in new active customers for the three months.
Estee Lauder Cos Inc cut its full-year profit forecast on Tuesday as fresh COVID-19 curbs in China and the suspension of operations in Russia following the invasion of Ukraine dent the cosmetics maker's sales.
The brand, owned by influencer Jeanne Damas, is upgrading its beauty line. Its renewed identity includes a new name and logo independent of its main ready-to-wear line and will launch its first palette on May 8.
Unilever’s Q1 results on Thursday saw the multinational fast-moving consumer goods firm turning in a strong sales rise, although that was down to price rises with volume sales actually dipping slightly.
Indian conglomerate Reliance Industries Ltd and U.S. buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots, a spokesperson for Apollo confirmed on Wednesday.
After issuing a strong statement early this month, Warpaint London’s full results for the year confirmed its buoyant business. The cosmetics supplier talked of strong growth in sales, profitability and cash generation.
Stuart La Brooy (ex Diageo) has been appointed vice-president in charge of marketing strategy, customer satisfaction and loyalty for LVMH-owned perfumery chain Sephora’s South-East Asia and Oceania region.