Perfume

Between economic uncertainties and the impact of new U.S. tariffs, some beauty groups, such as Estée Lauder and Coty, have seen their results decline, while L'Oréal appears to be holding its own.

Swiss fragrance and flavour maker Givaudan on Wednesday set new 2030 growth targets and announced a succession plan for its long-serving CEO Gilles Andrier, who will retire in March 2026.

French beauty group Bogart saw H1 2025 sales fall 9.1% due to weak markets and Middle East instability. It eyes recovery through its new Aholic perfume brand and upmarket fragrance strategies.

​Victoria Beckham on Tuesday reported “another year of strong sales growth in fashion and beauty”. It was the fourth consecutive year of double-digit revenue growth.

While the market trend is toward contraction, department stores and malls are holding their own and evolving toward new formats.  

Coty Inc. fell after forecasting steep sales declines will continue as retailers clear out existing inventory and consumer demand remains tepid in the face of an uncertain economic outlook.

German premium beauty retailer Douglas reported a smaller than expected drop in its quarterly core profit on Thursday, boosted by better than expected sales.

FSN E-Commerce Ventures, the parent of Indian beauty products retailer Nykaa, posted a quarterly profit on Tuesday that more than doubled, benefiting from new brand tie-ups and steady demand for makeup and skincare.

Beauty consumers are enjoying a good year when it comes to store choice. Superdrug, Boots and Sephora are building out their portfolios with new superstores in key destinations, and John Lewis has joined the party.

Hugo Boss on Tuesday reported revenue edging up just 1% in Q2 against an “ongoing challenging market environment”. Boss Menswear was the standout while Womenswear and Hugo struggled.

​Unilever’s first-half results showed an increase in underlying sales growth (USG) in its important beauty operations with the company saying its performance during the period supports its full-year confidence.

Dsm-firmenich has narrowed its 2025 EBITDA guidance to €2.4 billion due to FX volatility. The group beat first-half forecasts and remains focused on core fragrance and flavor businesses after a strategic revamp.

German fragrance and flavor group Symrise lowered its 2025 organic sales forecast to 3–5% amid weaker global demand. The group cited slowdowns in the U.S. and cost-saving efforts aimed at stabilizing profit margins.

L'Oréal CEO Nicolas Hieronimus calls the new 15% US tariffs “not good news” for cosmetics, a key European industry, though he says the impact remains manageable for the French beauty giant.

Selena Gomez launches Rare Beauty’s first fragrance on August 7: Rare Eau de Parfum blends warmth and spice, customizable with four scent balms and packaged in an inclusive, ergonomic bottle.

​Coty has launched an addition to its Burberry Goddess women's fragrance franchise with the debut of Burberry Goddess Parfum – which it described as “a celebration of the strength, confidence and kindness within”.