Amorepacific Third-Quarter Revenue Rises 11%, Overseas Growth Cools
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.

Seven months after a merger with the Estée Lauder Companies fell apart, new chief executive José Manuel Albesa unveiled a multi-pronged plan to double the company’s size all on its own.

Former chief executive and co-founder Ben Jones has exited the company.

Whilst also building their business and their teams, everyday founders are realising they’re at a disadvantage if they don’t build their personal brand at the same time.

With inflation biting and the celebrity beauty boom cooling off, retailers are elevating their private-label brand lines to be more sophisticated, and nimble.
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For a new generation of beauty founders, the timeline between selling one brand and launching a new one has shrunk rapidly. It’s just as well: Founders can’t wait to get their hands dirty again.

Influencer Hannah Chody spent years trying to find a dupe for a discontinued Tom Ford eyeshadow. While the Estée Lauder-owned brand stayed quiet, Saie Beauty stepped up to fill the void — and landed a smash-hit success product in the process.

This week, Priya Rao gets into the Isamaya Ffrench news, and why beauty should better prioritise innovation.

So-called ‘clean’ skincare has lost its appeal as shoppers favour more clinically proven products. But in cosmetics and fragrance, the appetite is only growing.
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Join us for our next BoF Professional Masterclass on Wednesday, October 21, at 16:00 BST / 11:00 EDT as BoF’s Priya Rao and Liz Flora unpack how to successfully launch a new beauty segment with fast growth as well as longevity.

Successfully launching a new beauty segment can bring brands fast growth as well as longevity. But in an era of chasing viral trends and hype, companies need to balance quick product development with a coherent point of view, or risk losing their identity entirely.

Fenty Beauty’s first 12-hour online shopping event, featuring Rihanna, shows how a new generation of brands are embracing the practised art of live selling.

People are experimenting with the substances in a quest for sharper thinking, despite legal grey areas and little published research.
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.
Current president Debi Chirichella will be Hearst Magazine’s next chair.
Eli Lilly & Co. raised its full-year sales forecast as demand for its blockbuster obesity and diabetes drugs continues to surge, giving the drugmaker more momentum as it expands into pills and develops even more powerful weight-loss treatments.
The move relaxes rules to access some peptide compounds for recovery, sleep and cognition and will require pharmacies to notify regulators about adverse events.
The German sneaker brand on Thursday reported strong growth in apparel and sports gear, led by running, training and football products, elaborating on preliminary results published last week.
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.
Ahead of its first Capital Markets Day in Madrid, the Spanish beauty group has unveiled its “Vision 2032” and detailed its plans to grow its share of the global fragrance market.
Private equity firms CVC Capital Partners and Cinven, along with Spanish beauty group Puig, are considering acquiring Parfums de Marly, the luxury fragrance brand owned by Advent International, two people familiar with the matter told Reuters.