CoverGirl parent Coty forecast annual profit below Wall Street expectations on Tuesday, signalling a hit from steeper input expenses in the first half of the year, and said it would raise product prices as it battles higher costs and a strong dollar.
CoverGirl parent Coty forecast annual profit below Wall Street expectations on Tuesday, signalling a hit from steeper input expenses in the first half of the year, and said it would raise product prices as it battles higher costs and a strong dollar.
Coty is preparing to relaunch the designer’s cosmetics line, which closed abruptly in 2021 to the dismay of its small but devoted fan base.
Coty is preparing to relaunch the designer’s cosmetics line, which closed abruptly in 2021 to the dismay of its small but devoted fan base.
Private equity shops and venture capitalists are being more discerning with their dollars and yet capital is still critical for emerging brands seeking to stand out in a competitive landscape.
Private equity shops and venture capitalists are being more discerning with their dollars and yet capital is still critical for emerging brands seeking to stand out in a competitive landscape.
Estee Lauder projected annual sales and profit below estimates on Friday, signalling a slower-than-expected recovery in its travel retail business, mainly in Asia, and easing demand in the United States.
Estee Lauder projected annual sales and profit below estimates on Friday, signalling a slower-than-expected recovery in its travel retail business, mainly in Asia, and easing demand in the United States.
The company’s sluggish sales in Asia and supply-chain missteps have left it trailing behind the French beauty giant.
The company’s sluggish sales in Asia and supply-chain missteps have left it trailing behind the French beauty giant.
The bankrupt biotech manufacturer-turned-beauty conglomerate has put Biossance, Jonathan Van Ness’ JVN and other lines up for sale. Is anyone buying?
The bankrupt biotech manufacturer-turned-beauty conglomerate has put Biossance, Jonathan Van Ness’ JVN and other lines up for sale. Is anyone buying?
Brazilian cosmetics maker Natura & Co expects its accounts to improve in the second half of the year after a soft start to 2023, executives said on Tuesday, with a cash boost scheduled from the sale of its Aesop brand and strategic changes.
Brazilian cosmetics maker Natura & Co expects its accounts to improve in the second half of the year after a soft start to 2023, executives said on Tuesday, with a cash boost scheduled from the sale of its Aesop brand and strategic changes.
After years of outsized growth in prestige cosmetics, consumers have pulled back on the typically recession-proof category.
After years of outsized growth in prestige cosmetics, consumers have pulled back on the typically recession-proof category.
When Ben Gorham of Byredo and Monique Rodriguez of Mielle Organics sold the businesses they spent years building, the financial milestone was just the culmination of more meaningful professional journeys that began with a clear sense of purpose.
When Ben Gorham of Byredo and Monique Rodriguez of Mielle Organics sold the businesses they spent years building, the financial milestone was just the culmination of more meaningful professional journeys that began with a clear sense of purpose.
New Incubation Ventures expands the scope and scale of the second edition of the Beauty & You India awards programme to celebrate the significant contributions of the beauty ecosystem and to continue its mission to discover, spotlight and propel the next generation of Indian beauty.
New Incubation Ventures expands the scope and scale of the second edition of the Beauty & You India awards programme to celebrate the significant contributions of the beauty ecosystem and to continue its mission to discover, spotlight and propel the next generation of Indian beauty.
The manufacturer-turned-incubator has filed for Chapter 11 bankruptcy and put its consumer businesses, including lines from Jonathan Van Ness and Rosie Huntington-Whiteley, up for sale.
The manufacturer-turned-incubator has filed for Chapter 11 bankruptcy and put its consumer businesses, including lines from Jonathan Van Ness and Rosie Huntington-Whiteley, up for sale.
Olaplex Holdings Inc. shares sank in early trading after the haircare company cut its full-year sales guidance amid weak demand.
Olaplex Holdings Inc. shares sank in early trading after the haircare company cut its full-year sales guidance amid weak demand.
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
DSM-Firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.
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.
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.
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.