Unilever Plans €1 Billion in Savings to Ramp Up Turnaround
The conglomerate is focussed on sharpening its positioning as a pure-play beauty and personal care organisation.
Beauty
Analysis and advice on the fast-evolving beauty business.
Kim Kardashian Means Business
The most popular Kardashian of them all has parlayed her social media stardom into a fast-growing beauty business. Can she build a mega-brand that lasts?
Saudi Women Spend Big on Makeup, Even If It's Just a Glimpse
Even though most will cover their face and hair in public, thanks to changing laws and social codes makeup is one of the biggest consumer categories among Saudi women.
One Brand’s Plan for Escaping Bankruptcy
With $214 million in debt due in 2019, Charlotte Russe was facing extinction. Chief executive Jenny Ming reveals how she secured a lifeline and hatched a turnaround plan for the teen retailer.
Why Beauty Giants Are Snapping Up Technology Startups
Industry leaders are partnering with and buying up small startups in Silicon Valley and other tech hubs to gain expertise in artificial intelligence, augmented reality and other technologies.
Luxury Cosmetics Drive L'Oréal Sales in First Quarter
The French beauty giant posted better-than-expected sales growth, driven by luxury cosmetics and rising demand in China, which also helped lift LVMH in the start of the year.
E.l.f. Cosmetics Races to Stay Ahead
The fast-beauty cosmetics brand has become a customer favourite, but growth is slowing and new competitors aim to knock the company off its perch.
Kiko Milano May Bring in New Investor to Fund Growth
The Italian fast-beauty brand is in talks to bring in a minority investor to help fund growth in India, the Middle East and Asia.
Body Care Is the Buzziest White Space in Beauty
While face-focused skincare continues to grow at an exponential rate, bath salts and body polishes are on the rise as consumers and brands make a connection between overall wellness and skin health.
L’Oréal Buys Beauty Tech Firm ModiFace
The move comes as the French cosmetics group looks to roll out more digital services, such as virtual make-up tests.
Investors: Beware the Beauty Bubble
Eager buyers are driving beauty and personal care valuations up, but industry insiders see risks.
Inside Britain's Fastest-Growing Beauty Business
Online make-up haven Cult Beauty is projected to hit £100 million in revenue this year.
E.l.f. Beauty Tops Profit Forecasts
The 'fast beauty' brand reported fourth-quarter profit of $21.5 million.
THE NEWS IN BRIEF
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.
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.