Beiersdorf Sales Slightly Miss Expectations on Nivea Weakness
The German consumer goods maker marginally missed market expectations for third-quarter sales growth on Tuesday, with its key Nivea brand posting a third straight quarterly sales decline.

Beiersdorf was the latest consumer goods company to reset profit expectations for 2019, citing need to reform the troubled consumer goods industry.

The case grew out of a viral tweet claiming that returned merchandise was repackaged or resealed and put it back on the shelf for sale.

Wellness retailers like Alo Yoga and Bandier offer a mix of clothing, food, experiences and, increasingly, beauty, while even haircare brands are dabbling in nutritional supplements. This week's Business of Beauty newsletter takes a look at how wellness is packaged and sold — and why beauty brands can't ignore the latest fitness trend.

Taboos and backlash may deter brands from tackling socio-political issues, but as feminism is normalised across China, brands need to engage with female consumers on a deeper level.

The move comes as shoppers become more wary of processed chemical ingredients and seek out natural alternatives.

Visits to Sephora stores in Dubai and New York reveal just how global the beauty business has become - and some startling differences in how people shop.

The firm could raise around $300 million in the planned offering, according to sources familiar with the matter.

While CBD is generally believed to be safe, scant research has been conducted on its medical and health benefits because cannabis has long been prohibited at the federal level.

The purpose of hyping backstage beauty at fashion week has been up for debate for years, but instead of contesting its relevance, the industry needs to embrace its evolution.

JAB, already the largest shareholder in the beauty products company with a 40 percent stake, said it would launch a partial tender offer to buy 150 million shares.

Deciem, Be for Beauty and Memebox are rewriting the rules for building a beauty company today, amassing portfolios of in-house brands that are radically transparent, fast and cheap.

Rihanna’s Fenty Beauty range did nearly €500 million in its first full year in business, which could put her a step ahead of Kylie Jenner and her cosmetics empire.
The German consumer goods maker marginally missed market expectations for third-quarter sales growth on Tuesday, with its key Nivea brand posting a third straight quarterly sales decline.
The French giant handily beat expectations on strong demand for hair products at salons and premium skincare from its dermatological division.
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.
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.
Sales rose 5.6 percent on strong demand for Charlotte Tilbury cosmetics, as both skincare and fragrance cooled slightly.
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.
Onur Aktas has been appointed chief executive of the Stockholm-based label as it plots global expansion.
The Italian cosmetics label expects to maintain its growth trajectory in 2026 after surpassing €1 billion ($1.12 billion) in wholesale revenues last year.