Beauty news and archive

Charlotte Tilbury expands reach in the US with Bluemercury

Charlotte Tilbury, the award-winning global luxury make-up, skincare and fragrance brand founded by British entrepreneur and make-up artist Charlotte Tilbury, part of the Spanish fashion and beauty group Puig, has launched at US luxury beauty retailer Bluemercury. The US is one of the beauty brand’s biggest markets and its key products,...

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Nautica expands into women’s fragrance market

American lifestyle brand Nautica has expanded its reach in the fragrance category with the launch of two new products for women as part of an existing partnership with cosmetics giant Coty. Dubbed ‘Rose Island’ and ‘Jasmine Coast’, the two new scents intend to reflect the brand’s “coastal cultural heritage”, a press release stated, with each...

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Boots owner WBA agrees to 23.7 billion dollar buyout deal

Walgreens Boots Alliance (WBA), the parent company of British pharmaceutical chain Boots, has come to a definitive agreement to be acquired by a subsidiary associated with private equity firm Sycamore Partners. The deal, with a transaction valued at 23.7 billion dollars, will ultimately take WBA private, removing the company’s listing from the...

Fashion |Beauty

Louis Vuitton taps Pat McGrath to lead its debut beauty line

French luxury fashion house Louis Vuitton is launching into beauty and has tapped acclaimed British make-up artist Pat McGrath as its first creative director of cosmetics. In a statement, Louis Vuitton said that ‘La Beauté Louis Vuitton’ was an “exciting venture” for the fashion house and would expand its vision “rooted in the spirit of travel...

Fashion |Beauty

Cos unveils its debut fragrance

London-based contemporary fashion brand Cos, part of the H&M Group, is making its first foray into fragrance, entering the category with four exclusive eau de parfum scents and a line of candles. Launching under Cos Perfumery, the debut collection of fine fragrances and candles have been crafted in Grasse, the historic heart of haute parfumerie,...

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Puig boosts profits by 14 percent, closes first year as listed company on a high

Spanish multinational Puig, the parent company of Rabanne, Caroline Herrera and Jean Paul Gaultier, has reported its annual results for the 2024 fiscal year, the first it has completed as a listed company. The report largely confirms interim results shared by Puig earlier in January, in which it stated that its total net sales reached 4.79...

Retail

Dolce&Gabbana opens first store dedicated to beauty and accessories in London

Italian fashion brand Dolce&Gabbana has unveiled its first-ever store dedicated to beauty and accessories in London’s Covent Garden shopping district. The shop, located in the area’s Market Building, offers a selection of cosmetics and signature fragrance collections, as well as a make-up consultation service. These sit alongside a curation of...

People|Beauty

Ali Goldstein named president of acquisitions for L’Oréal USA

L'Oréal USA, the largest subsidiary of the L'Oréal Groupe, the world’s leading beauty company, has appointed Ali Goldstein as president of acquisitions. Goldstein, who has served as US president of L’Oréal Paris, the largest brand in L’Oréal USA’s portfolio, will be responsible for identifying American beauty brands and services for potential...

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Weak demand in the US and China: Coty reports Q2 sales decline

US-based beauty giant Coty Inc. experienced an unexpected decline in sales during the second quarter of its 2024/25 fiscal year, largely due to softening demand in China and North America. According to a statement released Monday evening, group revenue for the three months ending December 31 totaled 1.67 billion dollars, a 3 percent decrease...

Retail

January storms boosted online and non-essential spending in the UK

Essential spending returned to growth in January after four consecutive months of decline, while wellness and social media trends drove discretionary purchases, according to new data from the Barclays Consumer Spend report. Despite falling consumer confidence in the UK economy, down five percentage points to 21 percent, spending on essential...

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L’Oréal invests in Jacquemus as brand enters ‘beauty chapter’

Cosmetics giant L’Oréal Group has made a minority investment in Jacquemus as the French luxury brand prepares to enter its “beauty chapter”. The long-term, exclusive beauty partnership intends to support Jacquemus’ independent development, while seeing it join L’Oréal Luxe, the group’s luxury beauty division. In a release, eponymous founder,...

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Marks & Spencer names new clothing, home and beauty boss

British retailer Marks & Spencer has appointed former Boohoo Group chief executive John Lyttle as its new managing director of clothing, home and beauty as it looks to evolve its leadership team “to deliver the next phase” of its transformation. Lyttle joins the retailer with extensive retail and transformation experience, spending five years at...