Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
skincare
Beauty
Ulta Beauty to Launch Smart Vending Machines in Stores
The U.S retailer has partnered with smart vending machine company SOS for a pilot programme that will allow loyalty card members to collect free beauty samples as well as period care products.
Ulta Beauty to Launch Smart Vending Machines in Stores
The U.S retailer has partnered with smart vending machine company SOS for a pilot programme that will allow loyalty card members to collect free beauty samples as well as period care products.
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
The Business of Beauty Haul of Fame: This Makeup Artist Drives Pop Music
From Glossier-themed Bat Mitzvahs to the return of tramp stamps, the week in beauty news.
The Business of Beauty Haul of Fame: This Makeup Artist Drives Pop Music
From Glossier-themed Bat Mitzvahs to the return of tramp stamps, the week in beauty news.
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
Sephora to Reopen Newly-Revamped Champs-Elysées Flagship
After several months of renovations, Sephora is set to reopen its flagship on Paris’ famed shopping street on Oct. 27.
Sephora to Reopen Newly-Revamped Champs-Elysées Flagship
After several months of renovations, Sephora is set to reopen its flagship on Paris’ famed shopping street on Oct. 27.
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.
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
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
Luxury Skin Care Label Eighth Day Receives Minority Investment From L Catterton
The capital will help the brand grow its executive team, expand its product assortment and reinforce its global presence.
Luxury Skin Care Label Eighth Day Receives Minority Investment From L Catterton
The capital will help the brand grow its executive team, expand its product assortment and reinforce its global presence.
Beauty
L’Occitane Shares Shed 30% After Owner Shelves Take-Private Deal
L’Occitane’s stock slid to HK$19.70 in early trading after chairman Reinold Geiger’s investment holding company, L’Occitane Groupe SA, decided not to go ahead with a take-private offer it last month said would be worth no less than HK$26.00 a share.
L’Occitane Shares Shed 30% After Owner Shelves Take-Private Deal
L’Occitane’s stock slid to HK$19.70 in early trading after chairman Reinold Geiger’s investment holding company, L’Occitane Groupe SA, decided not to go ahead with a take-private offer it last month said would be worth no less than HK$26.00 a share.
Beauty
L’Occitane Halts Trading in Hong Kong as Take-Private Bets Swell
The firm said in August that its controlling shareholder was considering a possible deal to take the company private with a minimum possible offer of HK$26 ($3.31) per share.
L’Occitane Halts Trading in Hong Kong as Take-Private Bets Swell
The firm said in August that its controlling shareholder was considering a possible deal to take the company private with a minimum possible offer of HK$26 ($3.31) per share.
Global Markets
Japanese Beauty Giant Kao Corporation to Acquire Australia’s Bondi Sands
The Tokyo-based group behind brands such as John Frieda, Jergens and Bioré and the Melbourne company known for its sunscreen and self-tanning products did not disclose terms of the deal.
Japanese Beauty Giant Kao Corporation to Acquire Australia’s Bondi Sands
The Tokyo-based group behind brands such as John Frieda, Jergens and Bioré and the Melbourne company known for its sunscreen and self-tanning products did not disclose terms of the deal.
The News in Brief
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.