Perfume
The latest news
L'Occitane exceeds the €2 billion mark for its 2022/23 financial year
For its 2022/23 financial year ending March 31, the cosmetics group L'Occitane recorded a turnover of 2.13 billion euros, up 17.9%. This growth was driven by the acquisition of Sol de Janeiro.
Beauty
Coty's fragrances sweeten profit forecast after strong beat
Coty Inc on Tuesday raised its annual profit forecast for the second time, as the CoverGirl parent banks on price hikes, new launches and resilient demand for its high-end and affordable fragrances and cosmetics.
Beauty
Body Shop owner Natura's Q1 is loss-making but it hails stronger performance
The Body Shop’s owner Natura &Co has reported what it called a “resilient performance” for Q1, with sales growth in constant currency and an improvement in profit margins. It was still loss-making, however.
Beauty
Inter Parfums profit surges 53% on record-breaking first quarter
Inter Parfums reported on Monday a double-digit uptick in net income, following a record-breaking increase in first-quarter sales.
Beauty
Coty eyes dual listing on Paris Stock Exchange
Coty Inc said on Friday it would explore a listing on the Paris Stock Exchange as the CoverGirl cosmetics maker looks to strengthen its presence in Europe and tap into new investors in the market.
Beauty
Coty renews license agreement with Davidoff
Beauty giant Coty announced on Wednesday the renewal of its license agreement with Swiss-based family business Davidoff, extending their long-running partnership beyond twenty years.
Beauty
Fragrance brand Henry Rose secures series A investment
Genderless fine fragrance brand Henry Rose announced on Wednesday that it has secured a series A investment, marking its first external investment since its launch in 2019.
Beauty
Beauty ops do well for Unilever in Q1 but most sales growth driven by price rises
Consumer products giant Unilever has reported results for the first quarter and said that underlying sales growth (USG) “accelerated to 10.5%, driven by progress against strategic priorities”.
Beauty
Sephora UK store launch has been big success says chief
Sephora’s physical retail return to the UK looks to have been an inspired move. The recently opened store at Westfield London is performing more than 300% better than was predicted.
Beauty
Nottingham's Bridlesmith Gate completes line-up wit Garms, gets Jo Malone lease extension
Vintage fashion retailer Garms has taken a long-term lease on the last remaining vacant property on Nottingham’s Bridlesmith Gate.
Fashion
Valentino: sales up 15% in 2022
The Roman luxury house achieved a turnover of 1.4 billion euros in 2022, recording a 15% growth thanks to the acceleration of its direct sales network, which have jumped by 21%.
Luxury
Inter Parfums Q1 sales surge on Europe segment, Jimmy Choo, Montblanc and Coach brands
Fragrance maker Inter Parfums announced on Wednesday a 24% uptick in first-quarter sales to $312 million, on the back of a surge in its Europe segment and sales growth across its Jimmy Choo, Montblanc and Coach brands.
Beauty
THG shares continue rollercoaster ride after disappointing results
THG shares can’t seem to stay on an even keel. No sooner did they rise 40% Monday after news of a takeover approach for the company than they fell almost 20% Tuesday on investor disappointment in the company's results.
Fashion
Superdrug announces raft of store openings this year
Big expansion plans for Superdrug this year. The UK health & beauty retailer is investing in 25 new stores, expanding its bricks-and-mortar retail footprint while creating over 570 jobs nationwide.
Beauty
THG revenue and profit affected by focus on holding down prices
Just a day after headlines about a surging share price linked to a bid approach for the company, THG was back in the news on Tuesday as it released a trading update and its full-year preliminary results.
Fashion
THG's share price surges after Apollo bid approach
Shares in under-pressure UK online beauty e-tailer and e-commerce services provider THG leapt 40% at one point on Monday on news of an early-stage takeover approach from US private equity firm Apollo Global Management.
Fashion