Reformation Valued at $886 Million in NYSE Debut
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
cosmetics
Global Markets
Why Japanese Beauty Giants Are Buying Up Global Brands
M&A is gathering pace in Japan’s beauty industry as local conglomerates look to diversify their portfolios beyond Asia and target high-growth categories overseas.
Why Japanese Beauty Giants Are Buying Up Global Brands
M&A is gathering pace in Japan’s beauty industry as local conglomerates look to diversify their portfolios beyond Asia and target high-growth categories overseas.
Partner Content
The Estée Lauder Companies’ New Incubation Ventures and Nykaa Announce Finalists for Their BEAUTY&YOU Awards
The finalists will be invited to pitch their business plans on November 2 to an esteemed jury including Bollywood actor and beauty entrepreneur Katrina Kaif and fashion designer Gaurav Gupta.
The Estée Lauder Companies’ New Incubation Ventures and Nykaa Announce Finalists for Their BEAUTY&YOU Awards
The finalists will be invited to pitch their business plans on November 2 to an esteemed jury including Bollywood actor and beauty entrepreneur Katrina Kaif and fashion designer Gaurav Gupta.
Beauty
L’Occitane Reports Strong Sales Growth in First Half Results
L’Occitane International S.A reported net sales of just over €1 billion ($1.13 billion) in the first half of its 2024 fiscal year, an increase of 24.9 percent at constant rates.
L’Occitane Reports Strong Sales Growth in First Half Results
L’Occitane International S.A reported net sales of just over €1 billion ($1.13 billion) in the first half of its 2024 fiscal year, an increase of 24.9 percent at constant rates.
Beauty
Francisco Costa Plans to Buy Back Costa Brazil
The bid came in a filing tied to bankruptcy proceedings for Amyris, which closed the brand in August.
Francisco Costa Plans to Buy Back Costa Brazil
The bid came in a filing tied to bankruptcy proceedings for Amyris, which closed the brand in August.
Beauty
Hermès Debuts New Makeup Categories
Hermès has added mascara, eyeshadow and makeup brushes to its growing lineup of cosmetics.
Hermès Debuts New Makeup Categories
Hermès has added mascara, eyeshadow and makeup brushes to its growing lineup of cosmetics.
Partner Content
Decoding The Indian Beauty Landscape
BoF shares product and consumer insights on the growth potential of India’s beauty and personal care market, from a new report by The Estée Lauder Companies’ BEAUTY&YOU program in partnership with 1Lattice.
Decoding The Indian Beauty Landscape
BoF shares product and consumer insights on the growth potential of India’s beauty and personal care market, from a new report by The Estée Lauder Companies’ BEAUTY&YOU program in partnership with 1Lattice.
Beauty
E.l.f. Beauty Banks on Jennifer Coolidge Again
Following its successful Super Bowl ad with the actress, the brand is expanding its partnership with the “White Lotus” star.
E.l.f. Beauty Banks on Jennifer Coolidge Again
Following its successful Super Bowl ad with the actress, the brand is expanding its partnership with the “White Lotus” star.
Beauty
Cosmetics Maker Coty Submits Application to List on Paris Stock Exchange
Coty has submitted an application for dual listing of its shares on the Paris Stock Exchange, the company said on Monday, as the CoverGirl cosmetics parent looks to tap into European investor interest.
Cosmetics Maker Coty Submits Application to List on Paris Stock Exchange
Coty has submitted an application for dual listing of its shares on the Paris Stock Exchange, the company said on Monday, as the CoverGirl cosmetics parent looks to tap into European investor interest.
Beauty
Coty Moves Ahead With Paris Stock Listing Plans
The company has brought on BNP Paribas and Citigroup to work on the deal and is considering raising fresh capital from the listing, the report said.
Coty Moves Ahead With Paris Stock Listing Plans
The company has brought on BNP Paribas and Citigroup to work on the deal and is considering raising fresh capital from the listing, the report said.
Beauty
The Business of Beauty Gathers Executives for an Intimate Community Event
In New York City, leaders from Shiseido, Victoria Beckham Beauty, Aēsop and Glossier joined The Business of Beauty’s executive editor, Priya Rao, to hear her insights on the evolving opportunities in the sector.
The Business of Beauty Gathers Executives for an Intimate Community Event
In New York City, leaders from Shiseido, Victoria Beckham Beauty, Aēsop and Glossier joined The Business of Beauty’s executive editor, Priya Rao, to hear her insights on the evolving opportunities in the sector.
Beauty
Unilever Looks to Sell Non-Core Brands
Unilever Plc has hired investment banks Morgan Stanley and Evercore Inc to sell a basket of non-core beauty and personal care brands that include Q-Tips and Impulse, reviving an effort it abandoned two years ago, according to people familiar with the matter.
Unilever Looks to Sell Non-Core Brands
Unilever Plc has hired investment banks Morgan Stanley and Evercore Inc to sell a basket of non-core beauty and personal care brands that include Q-Tips and Impulse, reviving an effort it abandoned two years ago, according to people familiar with the matter.
Beauty
For Celebrity Beauty Brands, a Cloudy Future
E.l.f.’s $355 million acquisition of Naturium doesn’t change the fact that most influencer, actor and musician-fronted brands need to radically rethink their approach.
For Celebrity Beauty Brands, a Cloudy Future
E.l.f.’s $355 million acquisition of Naturium doesn’t change the fact that most influencer, actor and musician-fronted brands need to radically rethink their approach.
The News in Brief
Puig Reports First-Half Revenue Growth After Estee Lauder Talks End
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
Canada Goose Beats Revenue Estimates as Demand Holds Up
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.
Steven Madden Tops Expectations and Lifts Full-Year Outlook
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.
Reformation and Its Backers Raise $210.9 Million in IPO
The womenswear brand and shareholders including private-equity backer Permira raised new funds in an IPO that priced shares at the bottom of the marketed range.
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.