The latest news
Analysis: as John Lewis mulls ownership tweak, why is it lagging rival M&S?
Not so many years ago, John Lewis was unstoppable while M&S was in an endless turnaround phase. Today, the situation has reversed and John Lewis is even reportedly thinking of changing its prized ownership structure.
Revlon to emerge from bankruptcy in April, 2022 earnings take a dive
U.S. cosmetics giant Revlon Inc. revealed net sales for the year ended December 31 dropped 4.7% to $2.98 billion, as the bankrupt company swung to even wider losses in 2022.
Cosmoprof beauty show in Bologna to host 2,900 exhibitors from 64 countries
The beauty trade show will take place in Bologna, Italy, on March 16-24, and is back to pre-Covid numbers with exhibitors from 64 countries, 60% of them from Europe, visitors from 116 countries and buyers from over 50.
John Lewis losses grow, launches bigger costs-savings drive
When a results release starts with a message to the staff talking about “another very tough year”, you know it’s not going to be good and so it was with John Lewis Partnership on Thursday.
Vanessa Hudgens relaunches Know Beauty
Actress, singer, and entrepreneur Vanessa Hudgens announced on Wednesday the relaunch of Know Beauty with the debut of a new detoxifying clay face mask.
Coty lifts full-year guidance
Global beauty company Coty Inc. announced on Wednesday an update on its financial progress and guidance for fiscal 2023, as well as future growth opportunities.
John Lewis names non-exec Nish Kankiwala to new CEO role
It’s a big news week for John Lewis with its results due Thursday and a new concept store layout unveiled Tuesday. And Wednesday? Just the small matter of a new CEO.
Body Shop and Aesop owner Natura highlights sales progress, despite overall falls
The Brazilian beauty giant that owns The Body Shop, Aesop and Avon, talked of “a resilient performance” in Q4 with sales growth in constant currency. But sales still fell on a reported basis and it made a net loss.
Beach House Group launches beauty, lifestyle brand venture fund
Beach House Group announced on Friday the launch of a new venture fund, Beach House Ventures, which looks to incubate nascent beauty and lifestyle brands, via financial backing and more.
Patrick Ta Beauty names new CEO
Patrick Ta Beauty announced on Monday the appointment of Kimberly Villatoro to the role chief executive officer.
Sephora and TikTok team up to launch social media incubator program
Dubbed the 'Sephora x TikTok Incubator Program', the program connects TikTok creators to best-in-class beauty brands from the Sephora’s Accelerate program.
Dior launches anti-ageing LED mask, designed with French company Lucibel
Dior has teamed up with French LED technology specialist Lucibel. A partnership that began in July with the launch of Dior Skin Light, a futuristic-looking anti-ageing LED mask.
Lush cuts ad spend with big tech, focuses on app and its stores
Beauty and personal care retailer Lush wants to slash its online ad spend with big tech firms, instead targeting smaller tech organisations and engaging open source solutions.
Ulta Beauty annual revenues surpass $10 billion, earnings surge double digits
Ulta Beauty announced on Thursday revenues for the full-year surged 18% to $10.2 billion on the back of retail price increases, the impact of new brands and product innovation and increased social occasions in 2022.
Ipsy names Ash K Holm as chief makeup artist
Beauty subscription company Ipsy announced on Wednesday the appointment of Ash K Holm as the brand's chief makeup artist for spring 2023.
Sephora UK store is "threat to incumbents", but VFM will be key - analyst
With Sephora due to open its debut UK store on Wednesday, an analyst on Tuesday said the French beauty giant poses a threat to established market leaders, but must be seen as offering value in order to succeed.