The cosmetics company said that bondholders have agreed to offer 69 percent of a $343 million bond issue that must be paid by next week.
The luxury skin care company, now a certified B-Corp, has been forced to swiftly rethink how it reaches its customers during the pandemic. Chief Executive Michael O’Keeffe lays out its strategy.
Cosmetics makers' sales have improved in the past few months as a surge in online orders and higher demand for skin-care products offset the blow from weak traffic at brick-and-mortar stores.
Affordable skin care has seen explosive growth during the pandemic. Here’s how some inexpensive brands stand out in a crowded market.
The partnership relies on technology designed by ModiFace, a Canadian augmented reality specialist acquired by L'Oréal in 2018, and will also extend to the US group's YouTube video sharing platform
The M.A.C brand owner has seen growth in demand for its skincare products, while sales in the Asia-Pacific market increased 9 percent to $1.15 billion.
Fake blood, a spooky doll-themed contest and a ‘Halloween Hotline’ are some of the ways makeup and skin care brands hope to stand out in a saturated holiday market.
Consumers have pivoted to inexpensive, drug store skin-care brands like CeraVe and The Ordinary and found they're just as good as higher-end competitors.
Overall sales came in at 7 billion euros ($8.27 billion), for the July to September period, rising 1.6 percent from a year earlier.
The consumer goods group is looking to divest a number of smaller brands, with CEO Alan Jope adding that no large acquisitions were in the works.
Despite the pandemic, stores still matter in the world of cosmetics and personal care. Here’s how digital brands are working with physical retailers to make the leap.
The 33-year L’Oréal veteran is currently deputy CEO and will take over on May 1.
A surge in sales of scents for luxury perfumes and a continued recovery in flavours drove the Swiss firm’s organic sales growth clearly beyond market expectations in the third quarter, lifting its shares on Tuesday.
The makeup artist has not been involved with Isamaya Beauty for over a year, sources told The Business of Beauty.
The Westons agreed on Wednesday to buy the UK's Boots from Sycamore Partners and the Pessina family, pledging to invest in the retailer's stores and online and expand healthcare services.
The French company has engaged restructuring advisers to explore options for rising US legal liabilities linked to its use of talc and other chemical ingredients in some of its cosmetic products, the Wall Street Journal reported on Monday.
The private equity firm is nearing a deal, valued at $9 billion, to sell the UK health and beauty retail business to the Canadian branch of the billionaire Weston family, a source told Bloomberg.
The UK firm blamed a production error resulting in ‘water seepage’ for the disappearance of its newly launched camera-equipped toothbrush from stores.
‘Sephora at M&S’ will roll out in M&S stores and online starting next spring, with plans to expand to 100 locations by the end of 2028.
The Wegovy maker has signed a deal to license an experimental obesity pill from China’s Jiangsu Hengrui Pharmaceuticals as it seeks to regain share of the global GLP-1 market.