Search Global Cosmetic Industry

Bain notes, 'CPGs raised prices 3.5 times more than insurgent brands in their categories.'

22 Beauty Brands Declared "Insurgents" by Bain & Co.

Interestingly, Bain points out that insurgent brands have raised prices far slower than their multinational counterparts, thereby narrowing the gap between their growth rates and those of these large competitors in 2022.

Palacios joins Virtue after a long and successful career in the consumer brands industry, including global leadership positions at Procter and Gamble, Coty, and most recently, Google.

Virtue Labs Names Jose Luis Palacios CEO

Virtue Labs also received a growth equity round of financing led by Combe, Inc., its majority shareholder.

Earlier this year, founder Ariana Grande reacquired r.e.m. beauty from Forma Brands for about $15 million.

r.e.m. beauty Receives Strategic Investment From Sandbridge Capital

This partnership represents an opportunity to optimize r.e.m. beauty's global potential through continued product innovation, talent acquisition and geographic expansion to support the brand's surging global demand.

The products will launch via e-commerce in the summer months.

Monat Expands into France

The brand originally launched in the United States in 2014 and followed with its European launch in 2018.

Vacation is targeting 'leisure destinations” such as The Standard, Kith, Ace Hotel, Palisociety, Mondrian, Fellow Barber, C.O. Bigelow and more.

Vacation's $6M Series A Funding Will Drive US Retail Reach & New Hiring

The brand will leverage the new funding to develop new products and expand its U.S. distribution, including all doors of Ulta Beauty, Nordstrom and Anthropologie. It is also adding retailers such as Bluemercury, CIBO and Aerie.

Laneige has also expanded into the Middle East via Sephora, particularly the United Arab Emirates (UAE, pictured), Saudi Arabia, Kuwait, Qatar and Bahrain.

Inside Amorepacific's Expansion in the US, UK and Middle East

Laneige has expanded into the Middle East via Sephora, particularly the United Arab Emirates (UAE), Saudi Arabia, Kuwait, Qatar and Bahrain.

In the near term, the company expects Q2 net sales to decline low- to mid-single digits compared to $1.618 billion in the second quarter of 2022.

Bath & Body Works Q1 Fiscal 2023 Beats Expectations

Its operating income was $181 million compared to $280 million last year, and net income was $81 million compared to $155 million last year.

Legge is a vegan who, like all drivers, endures hot, sweaty conditions in her line of work.

Indy 500 Driver Katherine Legge will Represent e.l.f. Skin at 2023 Race

As part of the brand partnership, the driver has created a vegan and cruelty-free routine with e.l.f. Skin products.

YSL Beauté Launches Drop The Look Video Series

The first episode featured actress Yasmin Finney and the second episode features a fresh take on a couture summer glow starring model Lila Moss.

Report: Olaplex Enters Travel Retail in UK With Dufry Partnership

The brand's full hair care line will be available in 12 locations.

Retention Brands purchased the Birchbox assets in an open bid process.

Retention Brands Acquires Birchbox Assets From FemTec Health

As part of its strategic tightening around core healthcare businesses, FemTec Health engaged a national financial consulting firm to advise and explore possibilities for the sale of some of its non-core and underperforming assets.

In the last four years, Juliette Has a Gun has experienced growth with an average of 40% a year and tripling turnover over the last two years to achieve €120m in retail sales value in 2022.

Cathay Capital Increases Stake in Juliette Has a Gun

In 2021, Juliette Has a Gun chose Cathay Capital as a minority shareholder.

Elizabeth Arden x Obsess Launch Virtual Store

The virtual store experience brings the brand's rich history to life through interactive content and iconic images that tell the story of its female founder, her impact on the beauty industry and the brand’s evolution.

Net sales for fiscal year 2023 are projected to be 1,000,000 million yen.

Shiseido Q1 2023 Net Sales Increase 2.6%

Sales increased from 234,023 million yen to 240,009 million yen.

Founder and CEO Maegan Griffin will continue to lead the company.

Prelude Growth Partners Invests $15M in Skin Pharm

The funds will aid in the continued expansion of the company’s brick-and-mortar clinics across the country and expand its product line and continue product development.

A CVS Beauty Mark Lens on Snapchat will allow users to see their side-by-side #beautyUnaltered and #digitallyAltered image, educating on the effects of altered social media imagery.

CVS Health Reveals 'Role Model' Social Campaign

The campaign, which is an extension of the Beauty Mark initiative, showcases the impact of altered social media imagery on the younger generation.

Thompson-Hill will focus his first months at BBI on continuing to strengthen the sales organization, enhancing operations and supply effectiveness and executing a timely channel distribution strategy to improve customer satisfaction.

Beauty by Imagination Appoints Jonathan Thompson-Hill Executive VP, Global Sales

Thompson-Hill will be responsible for leading BBI’s sales, forecasting and sales operations teams and processes to continue BBI’s accelerated growth.

In 2022, Perfumer H reportedly doubled its revenue.

Fable Investment Announces Second Investment in Perfumer H

Perfumer H will now expand into Asia and strengthen its management team.