Create a free Global Cosmetic Industry account to continue reading

Global Cosmetic Industry October 2023 Issue - Overview

Oct 10th, 2023

The retailer also demonstrated improving profitability, with gross margin expanding to 40.1% from 39.1% a year ago, reflecting stronger merchandise margins and lower inventory shrink.

9 Drivers of Ulta’s Q1 Growth (and a Times Square Flagship Teaser)

Growth was broad-based across channels and categories, with gains driven by both higher spending per visit and increased shopper traffic.

Precision Systems: Closing the Efficacy Gap through Functional Packaging Architecture

Precision Systems: Closing the Efficacy Gap through Functional Packaging Architecture

From passive packaging to precision delivery, discover how beauty brands are closing the “Efficacy Gap” with smart microneedling, integrated LED therapy, and next-gen skincare technology designed to maximize real results.

ELC will refocus on its ongoing initiatives following the end of talks with Puig.

What Happened with Estée Lauder-Puig?

Despite the setback, Estée Lauder remains open to future acquisitions that satisfy its financial requirements.

L'Oréal Luxe is extending fragrance beyond traditional product formats through a new partnership with DataLand, the AI-driven cultural institution co-founded by Refik Anadol (pictured) and Efsun Erkılıç.

L’Oréal Luxe Brings Responsive Scent Technology to AI Art Institution DataLand

The scents were created in collaboration with Refik Anadol Studio using the studio’s proprietary Large Nature Model, an AI system trained on nature-derived datasets.

The views generated on TikTok are translating into meaningful revenue lifts across DTC sites, Amazon, and brick-and-mortar retail through powerful halo effects.

The 15 Most-Viewed Beauty Brands on TikTok Shop

Why it matters: a correlation analysis using Charm’s TikTok Shop data revealed a clear alignment between TikTok engagement and performance across other retail channels.

Skin care gains were offset by softness in legacy brands like Clinique and Origins, indicating ongoing repositioning challenges in parts of the portfolio.

Estée Lauder Rebuild Gains Traction as Margins Surge and Fragrance Fuels Growth

For fiscal 2027, the company expects organic net sales growth of 3% to 5% and adjusted operating margins approaching 13%.

Executives point to strong alignment between Rhode’s engagement-driven strategy and Sephora’s global platform.

Rhode Goes Pan-European: Sephora Expansion Marks Record-Breaking Next Chapter in Global Retail Push

Rhode is entering its next growth chapter with increased scale—and a clear mandate to globalize.

Excess sugar doesn’t just stiffen the skin’s structural proteins, it appears to reprogram the behavior of the cells maintaining them.

Sugar Rush: Estée Lauder Maps the Sweet Path to Skin Aging as Anti-Glycation Race Heats Up

Excess sugar doesn’t just stiffen the skin’s structural proteins, it appears to reprogram the behavior of the cells maintaining them.

Kalichem offers Kaligen, a vegan, bio- and plant-based PDRN-inspired nucleobiotic complex designed to drive skin renewal, replumping and long-term skin longevity through biomimetic activation of native collagen pathways.

Welcome to PDRN's Regenerative Gold Rush: 10 Ingredients Competing to Set the Innovation Agenda

Regenerative Skin Care: the Anti-aging Killer

Brands are embracing the new longevity paradigm amid a boom in ingredient advancements.

Ulta is pushing aggressively toward full-funnel integration, collapsing discovery, comparison and transaction into a single step within Google’s ecosystem.

Ulta Leans Into Google’s AI Checkout As Sephora Bets on ChatGPT Discovery

Retailers are racing to secure presence at the point of intent.