Cosmetics
The latest news

A summer roundup of news from the beauty industry: amidst flagging results and economic turbulence
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.
Beauty

Biotech beauty company Debut raises $20 million
Biotech beauty firm Debut announced on Tuesday it has inked $20 million in investment to expand its AI-based ingredient discovery platform and scale its formulation business in the U.S. and Asia.
Beauty

Bogart reports first-half sales decline of 9.1%
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.
Beauty

Victoria Beckham hails positive 2024 results, says 2025 is stronger too
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.
Fashion

Urban Decay taps Dove Cameron as brand ambassador
The collaboration debuts with a campaign for the launch of the new Naked Shaped Multi-Tasking Palette, an all-in-one palette designed for shading, sculpting, and highlighting.
Beauty

Louis Vuitton unveils beauty campaign featuring Hoyeon
Fresh from announcing the launch of its first make-up products, Louis Vuitton has unveiled the first campaign for the new La Beauté line that it has created in conjunction with Pat McGrath.
Beauty

Revolution Beauty co-founders return, firm no longer for sale, results look weak
Revolution Beauty is ending August with some positive news. It now wants to remain independent and aims to raise around £15 million in new funding under returning CEO Tom Allsworth.
Beauty

Global beauty firms look to carve up Indian market as 'last bastion' of growth
From Japan's Shiseido to France's L'Oreal, global cosmetics giants are doubling down on India, betting on the nation as a key growth market for premium offerings while sales slow in developed economies.
Beauty

Estee Lauder forecasts annual profit below estimates as tariffs hit
Estee Lauder forecast annual profit below Wall Street estimates on Wednesday, as the cosmetics giant grapples with persistent weakness in the US.
Beauty

The Estée Lauder Companies Inc. Board of Directors nominates Dana Strong, CBE and Annabelle Yu Long for election as directors
The Estée Lauder Companies Inc. announced today that Dana Strong, CBE and Annabelle Yu Long have been nominated by its Board of Directors for election as directors at the upcoming annual meeting of stockholders.
Beauty

Louis Vuitton unveils luxe make-up line in link with Pat McGrath
Louis Vuitton has announced the arrival of La Beauté, an “elevated make-up line”, as colour cosmetics continue to be seen as key growth avenues for ultra-luxury labels.
Beauty

Ulta Beauty and Target plan to conclude partnership in 2026
Ulta Beauty and Target on Thursday said they have mutually agreed not to renew their shop-in-shop partnership when the current agreement concludes in August 2026.
Beauty

Mary Kay Inc. debuts AI Foundation Finder to harness intuitive technology
Mary Kay Inc. announces the launch of its AI Foundation Finder - an intuitive technology designed to help consumers effortlessly find their foundation match - right from their phones.
Beauty

Beauty retailer Douglas tops core profit expectations in Q3
German premium beauty retailer Douglas reported a smaller than expected drop in its quarterly core profit on Thursday, boosted by better than expected sales.
Beauty

UK fashion, beauty strong in July but gains fail to stem rising store closures, job losses
Positive news first. Total UK retail sales increased by 2.5% in July (06 July-2 August), against growth of just 0.5% seen in July 2024. That’s according to the monthly KPMG/BRC Sales Monitor.
Fashion

Nykaa posts two-fold rise in quarterly profit on beauty products demand
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.
Fashion
