Cosmetics
The latest news
L'Oreal Q1 sales rise 13%, lifted by U.S., Europe
L'Oreal reported a 13% rise in quarterly sales, thanks to strong business in the United States and Europe as shoppers shrugged off rising prices, but said it had not benefited yet from the end of Covid-19 curbs in China.
Beauty
THG shares continue rollercoaster ride after disappointing results
THG shares can’t seem to stay on an even keel. No sooner did they rise 40% Monday after news of a takeover approach for the company than they fell almost 20% Tuesday on investor disappointment in the company's results.
Fashion
Gen Z consumers view beauty as means to self-expression, self-care: Gen Z Planet report
There’s a dramatic shift in the beauty industry and Gen Z is leading the way, according to a new report by Gen Z Planet, a research and advisory firm.
Beauty
THG revenue and profit affected by focus on holding down prices
Just a day after headlines about a surging share price linked to a bid approach for the company, THG was back in the news on Tuesday as it released a trading update and its full-year preliminary results.
Fashion
Missha names Elizabeth Olsen as its global ambassador
In this role, Olsen will be the face of its new 'Beauty is Reality' campaign, which captures daily life and presents the idea that beauty should be affordable and accessible.
Beauty
THG's share price surges after Apollo bid approach
Shares in under-pressure UK online beauty e-tailer and e-commerce services provider THG leapt 40% at one point on Monday on news of an early-stage takeover approach from US private equity firm Apollo Global Management.
Fashion
Sephora puts ex-Bulgari executive Jenny Cheah in charge of South-East Asia, Oceania, South Korea
Jenny Cheah has been appointed managing director of the South-East Asia, Oceania and South Korea region for the selective perfumery retailer Sephora. She was formerly president China at the jewellery brand Bulgari.
Beauty
Hermès Q1 sales rise 23%, China recovers, RTW and accessories are strong
Sales at luxe leather goods and fashion brand Hermès rose 23% at constant exchange rates in Q1, beating market expectations, as its fans in China and Europe ignored higher prices and continued to spend.
Luxury
Alibaba and L'Oréal sign an agreement for more circularity in the beauty industry in China
Chinese e-commerce giant Alibaba and L'Oréal have announced a three-year partnership to promote the circular economy in the beauty industry in China.
Beauty
How Nuxe built a natural cosmetics empire in thirty years
In 30 years, French natural cosmetics brand Nuxe has established itself as a player in the highly competitive beauty landscape. Its founder Aliza Jabès has talked to FashionNetwork.com about her journey.
Beauty
Forma Brands emerges from bankruptcy, names new CEO
U.S. cosmetics group Forma Brands announced on Tuesday it has emerged from bankruptcy, having been acquired by lenders and additional investors. The company also named Cliff Moskowitz as its new CEO.
Beauty
Famille C Participations acquires a majority stake in Pai Skincare
Famille C Participations, the investment fund of the Clarins family, has made a second investment in the British skincare brand Pai Skincare, becoming its majority shareholder.
Beauty
Hou Juncheng on building Proya, China’s response to L’Oréal
Hou Juncheng has a dream, and it ain’t modest. He wants to own the biggest cosmetics company in China – and he’s already off to an extremely fast start. Over dinner in Paris, he reveals his next moves.
Beauty
Chinese skincare giant Joy Group posts 30% GMV uptick in 2022
Multi-brand China-based cosmetics company Joy Group on Friday posted a 30% uptick in gross merchandises revenue to $313.8 million (RMB 2.2 billion) for the full-year 2022.
Beauty
Deinfluencing, or the art of negative reviews
Welcome to the art of deinfluencing, one of the latest trends on TikTok, in which influencers tell you what not to buy. As of early April, the hashtag had more than 430 million views on the video-sharing app.
Beauty
India's 'brown beauty' make-up influencers go global
Under the glow of a ring light in the spare bedroom of a Mumbai high-rise apartment, Indian make-up maven Debasree Banerjee has found fans across the world with a simple philosophy: brown is beautiful.
Beauty