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

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 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%

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
Revolution Beauty co-founders return, firm no longer for sale, results look weak

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
Boomers are the next big consumer culture frontier

Boomers are the next big consumer culture frontier

Birth rates falling to historic lows across the developed world, combined with people living longer, are reshaping the global market for the things we eat, wear and put on our skin.
Fashion
'Curly is beautiful': Tunisian women embrace natural hair

'Curly is beautiful': Tunisian women embrace natural hair

In countries around the world, beauty standards have shifted radically in recent years, with a growing number of beauty salons and cosmetic brands in Tunisia promoting natural styles.
Beauty
Global beauty firms look to carve up Indian market as 'last bastion' of growth

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
Ulta Beauty and Target plan to conclude partnership in 2026

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
Beauty retailer Douglas tops core profit expectations in Q3

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

​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

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
UK's John Lewis dives even deeper into beauty with huge investment, Fenty collab

UK's John Lewis dives even deeper into beauty with huge investment, Fenty collab

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.
Beauty
Revolution Beauty rejects bid from private equity firm True, sources say

Revolution Beauty rejects bid from private equity firm True, sources say

Revolution Beauty has rejected a takeover offer from specialist private equity firm True, leaving the cosmetics group likely to revive a capital raising from existing shareholders, two sources said.
Beauty
Gwyneth Paltrow has always been selling what money can’t buy

Gwyneth Paltrow has always been selling what money can’t buy

Throughout the 1990s and early 2000s, Gwyneth Paltrow was the platonic ideal of the It Girl and Hollywood nepo-baby before launching wellness and style platform Goop.
Fashion
Prestige beauty struggles for Unilever in H1 but Hourglass, Tatcha, and K18 grew

Prestige beauty struggles for Unilever in H1 but Hourglass, Tatcha, and K18 grew

​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.
Beauty
L'Oréal CEO says EU-US customs deal brings “no good news” for cosmetics sector

L'Oréal CEO says EU-US customs deal brings “no good news” for cosmetics sector

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.
Beauty