Search Global Cosmetic Industry

Brands expanding their retail reach include Unsun, Bubble Skincare, The Lip Bar (pictured is TLB founder and CEO Melissa Butler) and Urban Skin Rx.
Beauty Retail Expansions: Unsun, Bubble Skincare, The Lip Bar and Urban Skin Rx
In prestige beauty, 2022 year-over-year brick-and-mortar retail share grew, while online sales share increased in the mass market.
Feb 10th, 2023
TikTok virality led Murad's Targeted Wrinkle Corrector to sell out within four weeks on both M.com and Sephora.com.
How Murad Creates TikTok-viral Products
"TikTok is more democratic [than other platforms] in the sense that anyone can go viral," says Murad CEO Paul Schiraldi. "The platform learns your behavior and interests and thus curates your page based on these learned interests."
Feb 10th, 2023
Nars is coming to India.
Shiseido 2022 Sales Grow as It Prepares Nars for India Launch
Results were challenged by ongoing pandemic-related issues in China and the slow recovery in Japan.
Feb 10th, 2023
L’Oréal luxe Q4 sales totaled 4,154.2 million, representing growth of 10.7%, while full-year sales totaled 14,638.1 million euros, representing a growth rate of 18.6%.
L'Oreal's 2022 Sales Grow 23.4% vs Pre-pandemic 2019
Operating margin totaled 19.5% (an increase of 40 basis points), with operating profit totaling 7,456.9 million euros.
Feb 9th, 2023
'We continue to improve our growth profile, with the sale of the global tea business and the acquisition of Nutrafol,' says Unilever CEO Alan Jope.
Unilever's 2022 Beauty & Personal Care Sales Spike on Higher Prices
Personal care results were driven by increased pricing and volume growth in deodorants. However, volumes fell in other categories, per Unilever.
Feb 9th, 2023
In the United States, Gucci and Kylie Cosmetics grew more than 40%.
Coty Q3 and 6-month Fiscal 2023 Results Reflect Supply Chain Issues & Fragrance Boom
"As stated before, the 'fragrance index' remains in full force, as consumers turn to fragrances as mood-boosting and affordable luxuries in an uncertain environment," said CEO Sue Nabi.
Feb 8th, 2023
Actress Camila Mendes serves as Loops' creative director.
Loops' Target Expansion Highlights 360-degree Retail Approach
"We know our consumer is shopping both instore and online," says Loops' CEO Meg Bedford, "so it's crucial we’re available where the customer is looking for us."
Feb 6th, 2023
Kering has appointed Raffaella Cornaggia as CEO of Kering Beauté, charged with developing the beauty category for Bottega Veneta, Balenciaga, Alexander McQueen, Pomellato and Qeelin.
Kering Beauté's New CEO to Build Bottega Veneta, Balenciaga, Alexander McQueen, Pomellato and Qeelin Brands
Cornaggia is based in Paris and reports to Jean-François Palus, group managing director of Kering; she will also be a member of the group’s executive committee.
Feb 3rd, 2023
Sharon Chuter, founder of Uoma Beauty, is perhaps the most high-profile leaders in this movement. This year, her Make It Black campaign is back, partnering with brands to launch limited-edition black-packaged products to raise funds and awareness for Black entrepreneurs.
Beauty's 2023 Black History Month Initiatives Span Data, Creative Partnerships & Consciousness Raising
According to the 2021 Annual Business Survey (ABS), which covers reference year 2020, there were an estimated 140,918 Black- or African American-owned businesses in the United States.
Feb 3rd, 2023
The company was operating 395 fewer stores at the end of the quarter, as compared to the previous year.
Sally Beauty Holdings Q1 2023 Results
Global e-commerce sales increased 14% to $91 million, representing 9.5% of net sales.
Feb 2nd, 2023
Net sales for the skin care segment in Q2 were $2,382 million, as compared to $3,159 million in the previous year.
The Estée Lauder Companies Q2 2023 Net Sales Decline 17%
Net sales for Q2 were $4.62 billion, as compared to $5.54 billion in the previous year.
Feb 2nd, 2023
'We delivered a terrific third quarter—growing our net sales by 49% and expanding our market share by 150 basis points, according to Nielsen,” said Tarang Amin, e.l.f. Beauty's chairman and CEO. “This quarter marked our 16th consecutive quarter of net sales growth, reflecting the continued strong execution by the e.l.f. Beauty team. As we look ahead, we're excited about the potential we see as we continue to make the best of beauty accessible to every eye, lip, face and skin concern.'
e.l.f. Beauty's Q3 2023 Sales Jump Reflects Makeup's Comeback
The company has raised its full-year net sales forecast from the $478-486 million range to the $541-545 million range.
Feb 2nd, 2023
Learn how the Black Beauty Roster is helping to make Hollywood's hair and makeup industry more diverse and inclusive with their BBR Portal.
Black Beauty Roster's BBR Portal Connects Entertainment Industry with Black Beauty Professionals
Learn how Black Beauty Roster is helping to provide education and job access for Black beauty professionals with their BBR Portal.
Feb 1st, 2023
Operating profit was €87.0 million, as compared to €78.9 million in the previous year.
L'Occitane First-Half 2023 Results
Net sales was €900.5 million, as compared to €696.4 million in the previous year.
Feb 1st, 2023
Straand comprises four prebiotic scalp care products and is preparing a premium range for a forthcoming U.S. expansion via direct-to-consumer and Amazon, per the report. It is also set to expand into the United Kingdom, Europe and China.
Unilever Ventures Invests $2M in Straand Prebiotic Scalp Care
Straand comprises four prebiotic scalp care products and is preparing a premium range for a forthcoming U.S. expansion via direct-to-consumer and Amazon, per the report. It is also set to expand into the United Kingdom, Europe and China.
Jan 31st, 2023
Schumacher said, “I am delighted to have been appointed to lead Unilever. It is a business with an impressive global footprint, a strong brand portfolio, a talented team and an enviable reputation as a leader in sustainability.'
Unilever Names Hein Schumacher as CEO, Effective July 1
Schumacher is currently CEO of the global dairy and nutrition business, Royal FrieslandCampina, and became a non-executive director of Unilever in October 2022.
Jan 30th, 2023
In an open letter to publishers, Sue Y. Nabi, Coty’s CEO, said, “Seen through the lens of today’s society and values, the definition of beauty hasn’t aged well. Of course, not all people are impacted by, or feel excluded by these definitions.'
Coty's #UndefineBeauty Campaign Calls on Dictionaries to Rethink the Definition of 'Beauty'
In an open letter to publishers, Sue Y. Nabi, Coty’s CEO, said, “Seen through the lens of today’s society and values, the definition of beauty hasn’t aged well."
Jan 30th, 2023
LVMH's 2022 full-year revenue of €79.2 billion and profit from recurring operations of €21.1 billion, both up 23%.
LVMH Full-Year 2022 Revenue Increases 23%
Revenue for the perfumes and cosmetics category in 2022 was €7.7 billion, a 17% increase as compared to the previous year.
Jan 30th, 2023
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