By Reuters API Published Apr 18, 2024 L’Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China. L’Oreal The French cosmetics giant, which owns the Maybelline and Lancome brands, reported sales of … Read more
By Bloomberg Published Apr 9, 2024 Puig Brands SA is betting on the Fragrance Index for its multibillion-euro initial public offering. But the owner of Charlotte Tilbury, Jean Paul Gaultier and Nina Ricci will have to pass the smell test to convince investors to buy into it. After three years of stellar growth, we may be … Read more
By Reuters Published Apr 3, 2024 Shares of Ulta Beauty tumbled as much as 14.5% on Wednesday after executives flagged a slowdown in demand across categories in the first quarter and stiff competition, weighing on peers E.l.f Beauty, Coty and Estee Lauder. Ulta Beauty The beauty retailer now anticipates its total category to increase at … Read more
Translated by Roberta HERRERA Published Mar 15, 2024 There seems to be nothing stopping The Independents, which now boasts 11 companies under its belt. The consortium of creative agencies, experts in communication and events, initiated in 2017 by Karla Otto and K2, has absorbed Kennedy, a London-based enterprise specializing in strategic consulting and production for … Read more
Calvin Klein announced on Friday actor and musician Idris Elba and his wife, model and human rights activist Sabrina Elba are the faces of Calvin Klein Eternity Aromatic Essence, the newest addition to the Eternity fragrance portfolio. Calvin Klein Shot by Mert Alas, the new campaign captures Idris and Sabrina in moments of intimacy set to a … Read more
Translated by Roberta HERRERA Published Feb 29, 2024 On Wednesday, February 28, the French specialist in licensed perfumes, Interparfums (known for its licenses with Montblanc, Lacoste, among other brands), presented its annual results at the Pavillon Gabriel in Paris. On this occasion, Renaud Boisson, CEO of Interparfums for the Asia-Pacific region, outlined the group’s strategic … Read more
Beauty behemoth Coty has announced the signing of a new agreement with luxury label Etro, “to produce and distribute its signature fragrance lines and home scent collections beyond 2040”. See catwalkEtro – Spring-Summer2024 – Womenswear – Milan – © Launchmetrics They will also “work together to explore new categories and innovations to grow the brand’s … Read more
Translated by Nicola Mira Published Feb 16, 2024 Italian fashion group OTB continues to grow. In 2023, it recorded a revenue of €1.9 billion, equivalent to a 7.2% increase (and a 10.2% one at constant exchange rates). Its net revenue, excluding royalties and other income, was €1.8 billion, up by 9.1%, and by 12.4% at … Read more
On the occasion of the publication of its annual results, Kering lifted the veil on the strategy undertaken for its beauty division. Fragrances will be the first category to be developed, positioned in the very high-end segment, with the launch in the second half of 2024 of a first fragrance for Bottega Veneta, followed by … Read more
Beauty giant Coty has announced a new licensing agreement to develop, produce, and distribute a line of fragrances and beauty products “beyond 2040” for Marni. The first products should launch in 2026. See catwalkMarni – Spring-Summer2024 – Womenswear – Paris – © Launchmetrics The deal also strengthens Coty’s partnership with OTB Group, following the recent … Read more
