L’Oréal Sales Beat Expectations as Premium Products Surge
The French giant handily beat expectations on strong demand for hair products at salons and premium skincare from its dermatological division.
Beauty
Analysis and advice on the fast-evolving beauty business.
Parisians Head Back to Beauty Stores and Salons
After exiting an eight-week coronavirus lockdown, Parisians were already making their way back to cosmetics stores and beauty parlours on Tuesday.
L'Oréal Cancels 10.4% Dividend Increase
The beauty group will instead stick to the same payout per share it made in 2019.
Coty to Sell Majority Stake in Hair Businesses to Investment Firm KKR in $4.3 Billion Deal
The cosmetics maker also said third-quarter sales declined 23 percent to $1.53 billion in the three months ended March 31.
J.C. Penney, Sephora Settle Dispute Over Beauty Boutiques
J.C. Penney is struggling to refinance billions in loans and missed a debt payment last month, although the chain is current on its rent.
Who Will Buy Charlotte Tilbury?
The brand is a rarity in the beauty world: it grew during a makeup downturn and it’s still independent. A sale is imminent, even in the midst of a pandemic, with a selling price that is said to be over $1 billion.
Estée Lauder Third-Quarter Profit Beats Estimates
The owner of M.A.C Cosmetics and La Mer saw a double-digit rise in global online sales amid the coronavirus pandemic, though net sales fell by just over 10 percent.
Is This the End of Beauty Testers?
Shoppers like to try out beauty products before they buy them. Is it possible to do that safely now?
Why Beauty Companies Keep Tinkering With Their Hit Products
In the age of 'clean' beauty and a demand for transparency, beauty companies are making sometimes costly decisions to reformulate key products to address customer feedback.
Beauty Industry Remakes Product Pitches in the Age of Coronavirus
Consumers are focusing on self-care products like skincare and at-home hair colouring products.
L'Oréal Banks on Post-Lockdown Rush to Hair Salons
The cosmetics company has so far seen a 4.8 percent fall in comparable first-quarter sales.
Beauty Brands That Sell in 'Essential' Retailers Are Feeling Pretty Lucky Right Now
Mass retailers were seen as the unglamorous alternative to Sephora. Now they’re the only game in town.
L'Oreal Sales Fall in First Quarter, E-Commerce Surges
The cosmetics maker said demand in China had begun to pick up again as coronavirus restrictions there are eased.
THE NEWS IN BRIEF
P&G Beats Revenue Estimates, Flags Bigger Hit to Annual Profit
The maker of Pantene shampoo was helped by strong personal care demand, but expects higher commodity costs to reduce profit by about $1.4 billion this year.
Patrick Ta Beauty Announces New Creative and Marketing Leadership
Haus Labs executive Angela Simpson and Carolyne Rapp have joined as chief marketing officer and vice president of creative respectively as the brand readies for further global expansion.
Puig Beats Forecasts as Makeup Growth Offsets Skincare Dip
Sales rose 5.6 percent on strong demand for Charlotte Tilbury cosmetics, as both skincare and fragrance cooled slightly.
Why Some Visitors Felt Snubbed at ‘Sephoria’ London
Attendees of the first ever UK-edition of Sephora’s immersive event have taken to social media to voice their complaints after influencers experienced a more generous preview.
Swedish Hair Brand Björn Axén Names New CEO
Onur Aktas has been appointed chief executive of the Stockholm-based label as it plots global expansion.
Dolce & Gabbana Beauty Grows Double Digits
The Italian cosmetics label expects to maintain its growth trajectory in 2026 after surpassing €1 billion ($1.12 billion) in wholesale revenues last year.
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.