Estée Lauder Raises Outlook, Buoyed by Perfume Demand
Demand for the US conglomerate’s luxury fragrance brands like Le Labo, Tom Ford and By Kilian offset weaker performance from its makeup and haircare divisions.
Beauty
Analysis and advice on the fast-evolving beauty business.
Estée Lauder’s By Kilian Seeks Growth With Millennial-Friendly Fragrance Line
The brand hopes to attract younger consumers with the introduction of a lower-priced fragrance line, launching exclusively with Sephora.
Marc Anthony's Beauty Business Raises $182 Million in IPO
MAV Beauty Brands Inc is expected to use the proceeds from the treasury sale, together with the borrowings from a new credit facility, to retire all of its outstanding debt, according to a regulatory filing.
Social Goods | Abuse Reports in India's Factories, Beauty Supply Chains Violate Human Rights
This week, high-street retailers are accused of ignoring abuses at a large Indian supplier, while a new report suggests the beauty industry uses concerning products in its supply chain.
Casino and L'Oréal Team Up to Launch Beauty Stores
French supermarket retailer and the beauty products group will launch 'le drugstore parisien' covering various beauty products and over-the-counter medicines.
How ‘Glow’ Became Beauty's Latest Obsession
The ultimate signifier of inner health, ‘glow’ has become the new buzzword in beauty.
Amazon to Tap Brazil Beauty Boom with Cosmetics Partners
Amazon is recruiting major Brazilian cosmetics firms to sell via the logistics platform it is developing in Brazil, the world's fourth-largest beauty market.
Social Goods | Guess Co-Founder Resigns After #MeToo, Links Between Weinstein and Marchesa
This week, Paul Marciano resigns from Guess after sexual misconduct allegations, while an investigation has found connections between Marchesa and Harvey Weinstein.
Sephora Takes on Beautycon With Its Own Event
The LVMH-owned retailer is setting up a temporary space for attendees to interact with brands in a funhouse atmosphere, which it hopes will spark a social media bonanza.
Beauty for the Boys
Displaying equal parts confidence and curiosity, men are embracing the transformative powers of makeup. Are cosmetics companies doing enough to woo their new customers?
L'Oréal Wins Valentino Perfume and Beauty Licence
The deal enhances the French beauty firm's perfume business by winning a licence previously held by Puig.
Subverting Selfie Culture
There are those who are raising an anarchic middle finger at the contoured, pornstar perfection of the needy Insta-ready wannabes, writes Karl Plewka of Beauty Papers.
Sephora vs Ulta: The Battle of Beauty’s Retail Giants
As high-end Sephora expands its budget offering and low-end Ulta boosts its prestige presence, the world’s two biggest beauty retailers are set for a clash.
THE NEWS IN BRIEF
Premium Skincare Brand Colorescience Names New CEO
Former Kiehl’s general manager John Reed will lead the label, which was acquired by Roundtable Healthcare Partners earlier this year.
Proya Third-Quarter Revenue Grows, Profit Dented by Marketing Spend
The Chinese beauty conglomerate’s revenue grew 29.8 percent in the latest quarter, but its profit decreased by double digits due to increased promotional expenses as it expands overseas.
Textured Haircare Brand The Mane Choice Names New CEO
Chasity Monroe has been appointed as the label’s chief executive as it undergoes a wider brand refresh.
APR Corp’s Quarterly Revenue Doubles on Skincare, Overseas Growth
The Korean firm and Medicube owner reported third quarter revenue growth of over 100 percent, mostly attributed to the expansion of its skincare range into new markets, channels and product categories.
Swan Beauty Names Chief Makeup Artist in Residence
Celebrity-makeup artist Ash K. Holm will join the “smart” mirror brand for a year-long partnership focusing on guidance and education.
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.
Lilly Raises Sales Forecast, Widening Lead in Obesity Market
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.