Sycamore Said to Near Deal to Sell Boots
The private equity firm is nearing a deal, valued at $9 billion, to sell the UK health and beauty retail business to the Canadian branch of the billionaire Weston family, a source told Bloomberg.
Beauty
Analysis and advice on the fast-evolving beauty business.
The Business of Beauty Haul of Fame: The Heartbreak Kids
Will you buy my Valentine?
Beauty’s Biggest Players Are on Fire — With One Exception
Speed, innovation, hero brands and young shoppers prove to be top levers in this week earnings.
L’Oréal Full-Year Sales Rise 11%, As Luxury Division Surpasses Estée Lauder
In its full-year results announced Thursday, the French conglomerate reported its third consecutive year of double-digit growth, with sales reaching 41 billion euros ($44 billion).
The Changing Face of Fillers
Cosmetic fillers and Botox are more normalised than ever before — but consumers are also more weary of looking overdone. Skinvive, the first “injectable moisturiser” to receive FDA approval, may be able to fill in the gaps.
Costa Brazil Returns After Amyris Bankruptcy
The label is resuming operations and will be available for sale again on Thursday.
How Beauty Arrived at the Super Bowl
E.l.f., Nyx Professional Makeup, Dove and Cerave are among the labels getting into the Big Game this year, testing the waters for advertising’s biggest stage.
E.l.f. Beauty Reports 85 Percent Sales Growth and Raises Outlook
Affordable price points, viral products and a digital-focused marketing strategy continue to be drivers for the brand’s growth.
Estée Lauder CEO ‘Not Going Anywhere’ Despite 40% Drop in Shares
CEO Fabrizio Freda’s turnaround strategy for the company did not quiet suggestions from corners that another leader should execute the recovery plan.
Estée Lauder Reveals Its Recovery Playbook
The beauty giant announced layoffs and plans to regain profitability, measures to restore faith in investors and customers alike.
Celebrity Hair Stylist James Pecis Debuts Hair Care Brand
The line, Blu & Green, uses plastic-free packaging, and will be available on the brand’s e-commerce site on Monday.
Why Fast Fashion Can’t Seem to Crack Beauty
Retailers like Zara and H&M are upping their beauty efforts with celebrity-fronted lines and new categories. But building a buzzy beauty line presents a different challenge than making and selling trendy clothes.
Sephora: ‘Mothership of Modern-Day Beauty Industry’ Revels in a Retail Makeover
After departing the UK in 2005, the beauty retailer returned to London’s Westfield White City mall in 2023. More stores are to come, said Sarah Boyd, Sephora UK managing director.
THE NEWS IN BRIEF
Dyson’s $499 AI Toothbrush Sees Rocky Debut
The UK firm blamed a production error resulting in ‘water seepage’ for the disappearance of its newly launched camera-equipped toothbrush from stores.
Sephora to Launch at Marks & Spencer
‘Sephora at M&S’ will roll out in M&S stores and online starting next spring, with plans to expand to 100 locations by the end of 2028.
Novo Buys Rights to Early Obesity Pill For $2.6 Billion
The Wegovy maker has signed a deal to license an experimental obesity pill from China’s Jiangsu Hengrui Pharmaceuticals as it seeks to regain share of the global GLP-1 market.
Oura Delays US IPO
The smart ring maker said on Tuesday it has delayed its US initial public offering, citing market uncertainty.
Scarlett Johansson’s Skincare Brand The Outset Closes
As of Monday, the premium brand’s website has been updated with a message announcing its closure.
Vyrao Acquired by Brand Platform Tresalis
The niche perfume brand has been purchased by the new beauty operator created and backed by German investment firm Athos.
L’Oréal Joins Forces With Nykaa to Invest in Indian Beauty Brands
BOLD, the French conglomerate’s venture capital fund, will collaborate with retailer Nykaa to invest in the next generation of Indian beauty brands.