Cosmetics
The latest news

Evolvetogether expands retail presence with debut in Bluemercury
Personal care brand Evolvetogether announced on Friday its retail debut with luxury beauty retailer Bluemercury.
Beauty

Ulta Beauty lowers annual forecasts on slowing demand for beauty products
Ulta Beauty cut its annual sales and profit forecast on Thursday, hurt by slowing demand for higher-priced cosmetics and fragrances at its stores.
Beauty

Maybelline New York names Shay Mitchell as global ambassador
Cosmetics brand Maybelline New York announced on Wednesday the appointment of actress and entrepreneur Shay Mitchell as its newest global ambassador.
Beauty

Unilever considers selling Kate Somerville and Ren Clean skincare brands
Unilever is contemplating a strategic refinement of its Unilever Prestige division's portfolio by potentially divesting the Kate Somerville and Ren Clean Skincare brands.
Beauty

Victoria Beckham sales rise, losses narrow as both fashion and beauty strengthen
Victoria Beckham Ltd, the fashion and beauty business founded by the pop star-entrepreneur, has released its 2023 results and highlighted rising sales and lower losses with the firm close to operating profitability.
Fashion

M&S changes direction with clothing-only store trial
The big retail story at M&S of late has been about it shutting stores that carry clothing and opening food-only spaces. But now, there's a potential change of strategy. It's to test a shop selling fashion and not food.
Fashion

Fresha gets $31m funding facility from JP Morgan
Beauty and wellness marketplace platform Fresha has a new debt facility from JP Morgan to accelerate its “expansion into new markets and drive the growth of its machine learning capabilities and AI-powered robotics”.
Beauty

Haus Labs by Lady Gaga expands to Sephora at Kohl’s
Haus Labs by Lady Gaga made its debut on Monday at Sephora at Kohl's stores nationwide, as well as online.
Beauty

M.A.C names new global marketing head
M.A.C Cosmetics announced on Monday the appointment of Emily Bromfield to the role of senior vice president, global marketing, August 26.
Beauty

Tom Ford Beauty recruits Angelina Jolie as first-ever celebrity face
Tom Ford Beauty has revealed Angelina Jolie as the face of its Runway Lip Color in a new campaign, which sees the Hollywood star serve as the brand's first-ever celebrity face.
Beauty

Beauty retailer Sephora cuts China jobs as market slumps
LVMH-owned beauty retailer Sephora is cutting its workforce in China, the company said on Wednesday, as consumers curb their spending on creams and make-up in the world's No. 2 economy.
Beauty

Coty misses revenue estimates on cautious retail orders, Lacoste license sale
Coty missed quarterly revenue expectations on Tuesday, impacted by its divestiture of Lacoste fragrance license and controlled orders from cautious retailers, which weighed on growth in prestige and mass-market perfumes.
Beauty

Estee Lauder forecasts bleak annual results; CEO Freda to depart
Estee Lauder forecast annual profit and sales below estimates as the global beauty market struggles with slowing demand mainly in the China market and said CEO Fabrizio Freda was retiring after nearly 16 years.
Beauty

Douglas bets on European premium beauty market as earnings rise
German perfume and cosmetics retailer Douglas is betting on the European premium beauty market to keep driving growth, it said on 14 August after reporting higher earnings for its fiscal third quarter.
Beauty

E.l.f. Beauty projects annual forecasts below estimates as consumers spend cautiously
E.l.f. Beauty forecast annual sales and profit below estimates on 8 August and said it would raise prices of its products if presidential candidate Donald Trump comes to power and hikes tariffs on imports from China.
Beauty

Don't count on the 'Lipstick Index' for the next recession
When the economy takes a turn for the worse, consumers choose affordable treats such as cosmetics. That’s been the wisdom since 2001, when Leonard Lauder, then chairman of Estee Lauder Cos, coined the 'Lipstick Index'.
Beauty