Chanel Beauty Opens Alpine-Inspired Activation at Harrods
The luxury beauty label has taken over a corner of the department store's ground floor with a gifting suite.
Beauty
Analysis and advice on the fast-evolving beauty business.
Rebooting Your Mother’s Beauty Brands
The prestige beauty sector is booming with successful indies, but heritage brands are finding their footing.
The Business of Beautycon
Chief executive Moj Mahdara is accelerating the hysteria-inducing beauty festival’s expansion into media as brands shift more and more marketing spend online.
L'Oreal Receives Bid For The Body Shop From Italy's Investindustrial
The sale by L'Oreal, which has owned The Body Shop since 2006, has drawn interest from a series of private equity investors and a decision is expected in the coming months.
News Bites | Modern Dazed Acquires Nowness Stake, Kérastase On-Demand, Elie Top Online
In today's News Bites, a new joint venture between Modern Media and Dazed Media acquires a majority stake in Nowness, Elie Top unveils an innovative new digital platform, and Kérastase taps the experience economy.
How to Build a Beauty Brand in the Digital Age
In an era of authenticity, agility and hyper-engagement, Sarah Brown asks the beauty industry’s brightest stars about what works and what doesn’t.
Revlon Reports First Quarter Loss
The company reported a first-quarter loss of $37.4 million, down from its profit in the same period a year earlier.
Avon Reports $36.5 Million Loss
The direct seller of cosmetics said its results were broadly in line with expectations as it moves ahead with its three-year transformation plan.
News Bites | Kendall Jenner Covers Vogue India, Balmain x L'Oréal Paris
In today's News Bites, Mario Testino guest-edits the May issue of Vogue India, which stars Kendall Jenner on the cover, while Balmain creative director Olivier Rousteing tells BoF about his foray into lipstick.
Op-Ed | Are Beauty ‘Dupes’ Legal?
Beauty’s equivalents to fast fashion are buoying drugstore cosmetics brands. Grace Howard considers whether or not copying packaging, colours and — to some extent — formulas from high-end brands is ethical or even legal.
How Asian Demand for Snail Slime is Boosting Cosmetic Ingredient Suppliers
Croda International Plc and Clariant AG are among Europe’s top suppliers of cosmetic ingredients that are turning to snail slime and Korean flowers to tap Asia’s hefty appetite for the latest skincare products.
Report: L'Oreal Rounds Up Bidders for Body Shop Auction
The French giant is reported to have chosen Brazilian cosmetics firm Natura Cosmeticos as well as a number of firms like CVC Capital Partners and Investindustrial Advisors for the next round of auction for its Body Shop business.
News Bites | Charlotte Tilbury Investment, Will.i.am at Copenhagen Fashion Summit
In today's News Bites, Charlotte Tilbury Beauty announces a minority investment from Sequoia Capital, while the Copenhagen Fashion Summit releases its speaker line-up and preliminary schedule.
THE NEWS IN BRIEF
Coty Tops Estimates on Prestige Brands Boost Amid Turnaround
The US cosmetics conglomerate said launches from Marc Jacobs and Burberry helped boost revenues, though its full-year guidance is below consensus.
E.l.f. Beauty Sales Lift 51%
The US cosmetics giant raised its full-year sales outlook to over $2 billion as Rhode’s global expansion continues to power its revenue growth.
Remington Owner Spectrum Makes Unsolicited Push to Buy Helen of Troy
The owner of consumer brands like George Foreman and Remington said it has made multiple offers to buy the publicly listed parent company of Olive and June, Drybar and Hydro Flask.
PAI Partners to Acquire Elemis from L’Occitane
The French private equity group announced on Wednesday that it will buy the UK skin and body care brand for an undisclosed sum.
Estée Lauder Sets 2030 Growth, Margin Targets as Turnaround Advances
At its capital markets event in Shanghai, leadership said it aims to deliver mid-single-digit organic net sales growth through fiscal 2030, and unveiled a new cost-cutting and strategic roadmap.
Nykaa Quarterly Profit Nearly Triples on Beauty Demand, Margin Gains
The Indian beauty retailer said on Wednesday its second-quarter profit nearly tripled, as improved operating efficiency and strong demand for premium beauty products boosted margins.
Report: CVS Plans to Break Up Healthcare Conglomerate
The US retailer is planning to spin off its pharmacy business in what would be one of the biggest-ever breakups in the healthcare industry, according to reports.