Search Global Cosmetic Industry: Page 25

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Type: News

Section: Brands & Products > News

Earle launched her career sharing get-ready-with-me TikTok videos, opening up to the audience about everything in her life from family and friends to funny going out stories to her acne journey and beyond.

Hero Cosmetics Names Alix Earle Global Face of Brand

In her role, she will have conversations about her acne journey and be a part of brand campaigns.

Windsong Global Completes Acquisition of JVN Hair and Pipette, forms Belle Brands

"This is an exciting moment for JVN Hair, and I'm grateful to Windsong Global for believing in our brand," said Van Ness.

Aurelius, which acquired The Body Shop in November 2023, is 'lining up administrators for its British arm ... in a move which could threaten significant numbers of shops and jobs,' according to Sky News.

The Body Shop May Close Significant Portion of UK Business

A new report outlines moves that could impact a significant portion of some 200 stores.

To Summer presents scent from a distinctly Chinese perspective, featuring Asian botanicals.

L'Oreal Invests in Chinese Fragrance Brand To Summer

The company reported in its full-year 2023 results that it achieved double-digit like-for-like growth all regions except North Asia, which was hampered by conditions in travel retail and China.

In 2023, Mantle's year-on-year growth exceeded 80%.

Mantle Skin Care Brand Receives More Than €2.8M Investment

The funds will reportedly be used to expand the brand across Europe and the United Kingdom, as well as accelerate its research and product development.

Deliberations are reportedly at an early stage, and other suitors could still show interest in L'Occitane.

Report: Blackstone Considering L'Occitane Buyout

Shares of the skin care company rose the highest in nearly two years, jumping as much as 15.4%.

Cyril Chapuy, president of L'Oréal Luxe, said, “Over the past years, we have successfully established a very strong partnership with Prada teams. We are now thrilled to welcome Miu Miu and unleash together its outstanding potential in beauty. With its unique positioning, fueled by limitless creativity and experimentation, Miu Miu will perfectly complement L’Oréal Luxe’s portfolio of iconic brands and reinforce our worldwide leadership in fragrances.”

L’Oréal Groupe Launching Miu Miu Beauty in 2025

Benedetta Petruzzo, Miu Miu CEO, said, “We are excited to announce this partnership with a distinctive and leading beauty player such as L’Oréal. This new chapter will sustain the brand’s growth..."

For 2024, Shiseido is forecasting sales of 1,000 million yen, representing 11% growth in Japan, 5% growth in China, 7% growth in travel retail, 10% growth in the Americas, 13% growth in EMEA and 13% growth in Asia Pacific.

Shiseido 2023 Results Drop, Growth Set to Return in 2024

For 2024, Shiseido is forecasting sales of 1,000 million yen.

Cible Skin takes a research-backed approach to developing high-quality formulations, made in France with natural, clean, active ingredients, and offers skin care products including cleansers, serums and moisturizers.

Cible Skin Receives Minority Investment from Verlinvest

The investment will help to accelerate growth across geographies including Europe, China and the United States, and support the development of new products and treatments based on the company’s innovative patented immuno-cosmetic approach.

China and travel retail remained weak points, while dermatological beauty boomed.

L'Oreal Posts 11% Sales Growth in 2023

"As we head into 2024, we remain optimistic about the outlook for the beauty market, and confident in our ability to keep outperforming it and to achieve another year of growth in sales and profits."

Ezgi Barcenas joins L’OréalGroupe from AB InBev.

Alexandra Palt Stepping Down as L’Oréal's Chief Corporate Responsibility Officer

Ezgi Barcenas will assume the role, effective April 1, 2024.

Consumer beauty net revenues for Q2 totaled $605.0 million, a gain of 7% as reported and 5% like-for-like. Key drivers included color cosmetics, mass fragrances and mass skin care, as well as results in EMEA (particularly the Middle East) and the Americas (particularly Latin America/Brazil).

Coty Posts Q2 and First-half Fiscal 2024 Growth

Looking ahead, Coty is forecasting full-year like-for-like revenue growth of 9-11%, including 6-8% like-for-like revenue growth in second half of the fiscal year.

All in-app products and scenes have been modeled in 3D and rendered at a 4K display from each eye of the device.

e.l.f. Cosmetics x Obsess Launch Beauty Shopping App for Apple Vision Pro

Users are invited to explore three distinct environments: Camo Cove, Big Mood and Halo Glow.

e.l.f. Cosmetics will be on the big screen during a Super Bowl commercial Sunday, February 11, 2024, with its TV spot, 'Judge Beauty.'

e.l.f. Beauty Q3 2024 Sales Grow 85%, Launches Super Bowl Ad

As a result of this growth, the company is now forecasting a 69-71% year-over-year increase in net sales, compared to the previously announced 55-57% increase.

This assessment is consistent with Natura &Co's ongoing strategy of simplifying its corporate structure while providing increased autonomy to its business units and follows the recent divestments of Aesop and The Body Shop.

Natura &Co Explores Possible Separation of Avon

A separation would result in two independent, publicly traded beauty companies (Natura and Avon), with unique business plans, independent governance and management teams.

From digitized product development tools to a laser focus on efficacy to an appreciation for minimalism and emotional well-being, brands have more tools than ever at their fingertips to succeed in beauty in 2024 and beyond.

8 Rules for Beauty Innovation in 2024 & Beyond

With competition from established multinationals, new challengers and indie brands scaling up success in a crowded marketplace requires discipline and emerging best practices.

Former Glossier general counsel Kathryn Ordower has also been named chief legal and administrative officer and technology expert Brian Buchanan has been named chief technology officer.

Former Glossier Executive Named Sakara Life CEO

In his new role, Henry Davis will reportedly build upon on digital channels to engage and educate, while also delivering innovation to attract new consumers.

Coty Nabs Marni License for Fragrance & Beauty

The news follows the company's license renewals with Mexx and Bruno Banani.

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