Kohl’s Turnaround Stalls as Sales Growth Stagnates
Kohl’s turnaround attempt showed some progress after the retailer raised its annual earnings outlook, but it still doesn’t see sales growth this year.
cosmetics
Sustainability
Body Shop Concocts New Formula for Making Money While Protecting the Planet
Beauty brand The Body Shop is turning 40 next month and has set an ambitious goal of being "the world's most ethical and truly sustainable global business".
Body Shop Concocts New Formula for Making Money While Protecting the Planet
Beauty brand The Body Shop is turning 40 next month and has set an ambitious goal of being "the world's most ethical and truly sustainable global business".
Financial Markets
L’Oreal Sales Beat Estimates on Accelerating Growth in Luxury
L’Oreal SA reported revenue that beat analysts’ estimates as sales growth accelerated at its luxury division and in North America.
L’Oreal Sales Beat Estimates on Accelerating Growth in Luxury
L’Oreal SA reported revenue that beat analysts’ estimates as sales growth accelerated at its luxury division and in North America.
Financial Markets
Avon Reports 4Q Loss
Avon Products Inc. on Thursday reported a loss of $333.4 million in its fourth quarter.
Avon Reports 4Q Loss
Avon Products Inc. on Thursday reported a loss of $333.4 million in its fourth quarter.
Technology
Robots Behind Drive to Raise Output 50 Percent at Japan's New Factory
Japanese cosmetics maker Shiseido Co. has lofty goals for its first new domestic plant in 37 years: a 50 percent increase in output with a decline in production costs.
Robots Behind Drive to Raise Output 50 Percent at Japan's New Factory
Japanese cosmetics maker Shiseido Co. has lofty goals for its first new domestic plant in 37 years: a 50 percent increase in output with a decline in production costs.
Financial Markets
Elizabeth Arden Reports 2Q Loss
Elizabeth Arden Inc. on Thursday reported a loss of $4.9 million in its fiscal second quarter. The results did not meet Wall Street expectations.
Elizabeth Arden Reports 2Q Loss
Elizabeth Arden Inc. on Thursday reported a loss of $4.9 million in its fiscal second quarter. The results did not meet Wall Street expectations.
Financial Markets
Shiseido Jumps by Record as Tourist Buying Fuels Gain in Profit
Shiseido Co. surged by the most on record in Tokyo trading after the Japanese cosmetics maker reported that buying by tourists helped fuel profit that beat analyst estimates.
Shiseido Jumps by Record as Tourist Buying Fuels Gain in Profit
Shiseido Co. surged by the most on record in Tokyo trading after the Japanese cosmetics maker reported that buying by tourists helped fuel profit that beat analyst estimates.
News & Analysis
Analysts Sceptical of Avon's Turnaround Plan
A rally in struggling cosmetics maker Avon Products Inc's shares fizzled on Friday after analysts questioned the company’s ability to carry out its turnaround plan and sought more details.
Analysts Sceptical of Avon's Turnaround Plan
A rally in struggling cosmetics maker Avon Products Inc's shares fizzled on Friday after analysts questioned the company’s ability to carry out its turnaround plan and sought more details.
News & Analysis
Avon Outlines Plans to Save $350 Million in Next Three Years
Cosmetics maker Avon Products Inc expects to reduce about $350 million in costs over the next three years, chief executive Sheri McCoy said at the company's investor day on Thursday.
Avon Outlines Plans to Save $350 Million in Next Three Years
Cosmetics maker Avon Products Inc expects to reduce about $350 million in costs over the next three years, chief executive Sheri McCoy said at the company's investor day on Thursday.
News & Analysis
Revlon’s Perelman Says Will Explore Options for Company
Revlon Inc.’s biggest shareholder, Ron Perelman’s MacAndrews & Forbes, said it intends to explore “strategic alternatives” for the cosmetics company.
Revlon’s Perelman Says Will Explore Options for Company
Revlon Inc.’s biggest shareholder, Ron Perelman’s MacAndrews & Forbes, said it intends to explore “strategic alternatives” for the cosmetics company.
Beauty
Is the Global Cosmetics Market Moving Towards a Cruelty-Free Future?
As animal testing becomes a wider consumer concern and more governments implement bans, cosmetics companies are adapting.
Is the Global Cosmetics Market Moving Towards a Cruelty-Free Future?
As animal testing becomes a wider consumer concern and more governments implement bans, cosmetics companies are adapting.
News & Analysis
Unilever Returns to Cuba in Joint Venture with State
Global consumer products company Unilever Plc. will return to Cuba after a several-year absence, agreeing on Monday to build a $35 million soap and toothpaste factory in Cuba's special development zone at the port of Mariel west of Havana.
Unilever Returns to Cuba in Joint Venture with State
Global consumer products company Unilever Plc. will return to Cuba after a several-year absence, agreeing on Monday to build a $35 million soap and toothpaste factory in Cuba's special development zone at the port of Mariel west of Havana.
Technology
L’Oreal Unveils Smart Skincare Patch at CES
L’Oreal introduced a skin patch on Wednesday designed to monitor ultraviolet exposure and help consumers educate themselves about sun protection.
L’Oreal Unveils Smart Skincare Patch at CES
L’Oreal introduced a skin patch on Wednesday designed to monitor ultraviolet exposure and help consumers educate themselves about sun protection.
The News in Brief
Abercrombie Sees Record Shares Jump After Guidance Lift
Abercrombie & Fitch Co. shares rallied after revenue topped estimates and the retailer raised its annual earnings guidance, suggesting the preppy apparel company is regaining momentum.
Dolce & Gabbana Seeks to Raise Cash in Exchange for Debt Waiver
Dolce & Gabbana is seeking to raise cash using transactions outside the Italian fashion house’s day-to-day business after banks agreed to waive terms governing its debt as demand for luxury goods stays weak.
Mexican Makeup Label Sarelly Raises $3 Million
The funding will be used to power the brand’s expansion into the US, including a nationwide rollout in Target’s Beauty Studio.
Bath & Body Works Lifts Annual Profit Forecast on Digital Demand
The US fragrance giant raised its full-year profit forecast and beat estimates for second-quarter results, benefiting from demand for its products on digital channels, despite a decline in store traffic.
Indian Fashion Retailer Purple Style Labs Plans IPO
The Bollywood star-backed company behind multi-brand retailer Pernia’s Pop-Up Shop will launch its share sale next week as it taps demand for luxury wedding and occasion wear.
India Investigates Fragrance Giants Over Price Collusion, Document Shows
Global fragrance makers Givaudan, Firmenich and International Flavors & Fragrances face a second antitrust investigation by Indian authorities, according to a regulatory document seen by Reuters.
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.