Laani and Boldpurity Are Among This Year’s Estée Lauder, Nykaa Beauty&You Winners
The programme, now in its fifth year, reflect the US beauty giant’s commitment to the Indian market.
Beauty
Analysis and advice on the fast-evolving beauty business.
Unilever Could Tidy Portfolio With Disposals in Beauty and Personal Care
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.
How Digital Beauty Brands Are Making Wholesale Work
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.
L’Oréal Names Nicolas Hieronimus as Next CEO
The 33-year L’Oréal veteran is currently deputy CEO and will take over on May 1.
L'Oréal Set to Name New Chief Executive
Deputy Chief Executive Officer Nicolas Hieronimus is expected to replace long-time boss Jean-Paul Agon, according to sources.
Will Beauty's Tiktok Love Affair Last?
The platform has a proven ability to turn beauty products into overnight sensations — but for how long?
L’Oréal to Close Some Stores, Cut 400 Jobs Amid Luxury Shift
The cosmetics maker's Luxe Division plans to shift investment to e-commerce over the next six months.
The Skin-Care Brand That’s Unexpectedly All Over TikTok
L’Oréal-owned mass-market brand CeraVe went from staid dermatologist mainstay to Gen Z social media darling. As younger skin-care consumers focus more on ingredients and value, and less on product aesthetics and prestige positioning, the brand’s strategy offers a case study for mass beauty brands seeking new audiences.
Sephora Expands Racial Diversity Push Through Grant Programme
The six-month incubator scheme will host eight to 12 founders whose products range from hair-care to fragrance to skincare.
Revlon Revisits Debt Exchange To Buy Time for Turnaround
The cosmetics company issued a revised plan to exchange its 5.75 percent bonds due in 2021 after an earlier offer attracted almost no takers.
Asia's New Beauty Players Are Going Global
Following the rise of K-Beauty, J-Beauty and C-Beauty, a set of up-and-coming Asian skincare and make-up brands are taking over Instagram feeds and Sephora shelves.
Huda Beauty's Big Bet on Skin Care
Huda Kattan's 48 million followers trust her on makeup. Will they trust her on skin care too? The entrepreneur spoke to BoF about how she plans to conquer a new category.
How Beauty Brands Are Making Health Products Trendy
Thanks to the pandemic, the convergence of beauty, health and wellness is set to accelerate even faster.
THE NEWS IN BRIEF
Douglas Group Names New CEO
Jean-Marc Bellaiche will succeed outgoing Sander van der Laan as chief executive of the German beauty retailer.
Galderma to Acquire ZO Skin Health for $1.5 Billion
The Swiss firm agreed to purchase the medical-grade skincare company from private equity firm Blackstone and the founding Obagi family to expand its US portfolio.
Givaudan Sales Beat Expectations on Fine Fragrance Strength
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.
Isamaya Ffrench Has Departed Namesake Brand
The makeup artist has not been involved with Isamaya Beauty for over a year, sources told The Business of Beauty.
Boots Acquired by Canada’s Weston Family for $8.9 Billion
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.
Report: L’Oréal Explores Unloading Chemical-Related Liabilities
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.
Sycamore Said to Near Deal to Sell Boots
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.