Laopu Gold Growth Slows as Bullion Slide Hits Luxury Demand
The Chinese jewellery maker’s revenue increased 60 percent to $2.9 billion during the the six months ended June.
cosmetics
Financial Markets
Avon Reports Fourth-Quarter Loss
The direct seller of cosmetics posted revenue of $1.57 billion in the period, which did not meet Street forecasts.
Avon Reports Fourth-Quarter Loss
The direct seller of cosmetics posted revenue of $1.57 billion in the period, which did not meet Street forecasts.
News & Analysis
Social Goods | Cover Girl's Muslim Beauty Ambassador, Hedi Slimane Fight Against Kering
This week, Cover Girl names Muslim beauty blogger Nura Afia its newest ambassador and Hedi Slimane ongoing legal battle with Kering continues.
Social Goods | Cover Girl's Muslim Beauty Ambassador, Hedi Slimane Fight Against Kering
This week, Cover Girl names Muslim beauty blogger Nura Afia its newest ambassador and Hedi Slimane ongoing legal battle with Kering continues.
News & Analysis
Revlon Reports Third-Quarter Loss
Revlon on Friday reported a third-quarter loss of $4.7 million, after reporting a profit in the same period a year earlier.
Revlon Reports Third-Quarter Loss
Revlon on Friday reported a third-quarter loss of $4.7 million, after reporting a profit in the same period a year earlier.
News & Analysis
Inside Milk Makeup's Formula for Success
Hatched by Milk Studios, the colour makeup brand tripled its doors in just six months of business and is eyeing international expansion.
Inside Milk Makeup's Formula for Success
Hatched by Milk Studios, the colour makeup brand tripled its doors in just six months of business and is eyeing international expansion.
Beauty
Kendall vs Kylie: Whose Cosmetics Venture Is Winning Over Gen Z?
How two beauty ventures, each fuelled by the bankability of sisters Kylie and Kendall Jenner, illustrate how indie start-ups are challenging the supremacy of major beauty conglomerates.
Kendall vs Kylie: Whose Cosmetics Venture Is Winning Over Gen Z?
How two beauty ventures, each fuelled by the bankability of sisters Kylie and Kendall Jenner, illustrate how indie start-ups are challenging the supremacy of major beauty conglomerates.
Beauty
BoF Exclusive | Estée Lauder Buys Becca Cosmetics
The deal, in the realm of $200 million, is the latest in a string of indie-brand acquisitions made by the beauty conglomerate.
BoF Exclusive | Estée Lauder Buys Becca Cosmetics
The deal, in the realm of $200 million, is the latest in a string of indie-brand acquisitions made by the beauty conglomerate.
News & Analysis
Cosmetics Tax Cut Is Skin Deep
"Reports that China's consumption tax for luxury cosmetic products will be reduced should be good news for South Korean skin-care companies, which
Cosmetics Tax Cut Is Skin Deep
"Reports that China's consumption tax for luxury cosmetic products will be reduced should be good news for South Korean skin-care companies, which
News & Analysis
Estee Lauder CEO’s Pay Almost Triples Because of Stock Awards
Estee Lauder Cos. chief executive officer Fabrizio Freda saw his compensation almost triple to $48.4 million last year, buoyed by a stock award aimed at keeping him from leaving the cosmetics company.
Estee Lauder CEO’s Pay Almost Triples Because of Stock Awards
Estee Lauder Cos. chief executive officer Fabrizio Freda saw his compensation almost triple to $48.4 million last year, buoyed by a stock award aimed at keeping him from leaving the cosmetics company.
Beauty
Op-Ed | It's Time to End Beauty As Usual
The personal care and beauty industries are severely under-regulated in the US, resulting in weak consumer protections against harmful ingredients, argues Gregg Renfrew of Beautycounter.
Op-Ed | It's Time to End Beauty As Usual
The personal care and beauty industries are severely under-regulated in the US, resulting in weak consumer protections against harmful ingredients, argues Gregg Renfrew of Beautycounter.
Financial Markets
Slimmed-Down Avon Tops Profit Estimates
Avon soared the most in more than five months after second-quarter profit topped analysts’ estimates, helped by cost cuts and improving sales.
Slimmed-Down Avon Tops Profit Estimates
Avon soared the most in more than five months after second-quarter profit topped analysts’ estimates, helped by cost cuts and improving sales.
News & Analysis
L’Oreal to Acquire IT Cosmetics for $1.2 Billion in Cash
L’Oreal SA agreed to acquire IT Cosmetics for $1.2 billion in cash, adding more than 300 skin-care and makeup products to its lineup.
L’Oreal to Acquire IT Cosmetics for $1.2 Billion in Cash
L’Oreal SA agreed to acquire IT Cosmetics for $1.2 billion in cash, adding more than 300 skin-care and makeup products to its lineup.
News & Analysis
Avon Will Go Ahead With Move to UK Despite Brexit Vote
Avon Products said Britain’s vote to leave the European Union won’t change management’s plan to move its headquarters to the UK.
Avon Will Go Ahead With Move to UK Despite Brexit Vote
Avon Products said Britain’s vote to leave the European Union won’t change management’s plan to move its headquarters to the UK.
The News in Brief
Target Shares Fall After Pulling Halloween Costume Evoking Blackface
The retailer previously sparked calls for a boycott in early 2025 after it pulled back from its diversity initiatives as Donald Trump returned to the White House.
US Consumer Confidence Hits Seven-Month Low on Worse Outlook
Looking ahead, consumers surveyed by the Conference Board expressed negative sentiment towards future job and income prospects.
Dick’s Sporting Goods Cuts Annual Forecasts as Demand Weakens
The sports retailer cut its full-year sales and profit forecasts as a cautious consumer environment hit demand for athletic apparel and sporting goods.
EssilorLuxottica Founder’s Son Quits Management Roles After Reported Rift With CEO
Leonardo Maria Del Vecchio is stepping down as chairman of the Ray-Ban brand and as chief strategy officer, the company said, after reports of tensions with CEO Francesco Milleri.
Avon North America Acquired By Regent, Appoints New CEO
The legacy beauty brand's US and Canada divisions will join the investment firm's portfolio, which also includes Avon International.
Shein’s Purchase of Everlane Faces US National Security Review
A review by an interagency panel led by the US Treasury Department began after the $80 million transaction was completed in May, according to the people familiar with the matter.
Shein Sets IPO Date, Targets Up to $27 Billion Valuation
The company is set to debut on the Hong Kong stock exchange on Sept. 1 and is seeking to raise as much as $1.8 billion in its long-awaited IPO, according to a filing.