The latest news
Natura's Fable Investments reinvests in perfume brand Perfumer H
Fable Investments, the investment vehicle of Brazilian cosmetics group Natura & Co, is reinvesting in British niche fragrance brand Perfumer H.
Timothée Chalamet is unveiled as new Bleu de Chanel ambassador
Chanel is continuing to refresh its group of brand ambassadors, on Monday confirming French-American actor Timothée Chalamet as the new face of fragrance Bleu de Chanel
London Designer Outlet sees "strongest ever April"
London Designer Outlet’s performance continues to highlight the strength of outlets overall, with it saying this week that it saw its “strongest ever April”. Sales rose 16% year on year and 17% since April 2019.
Juliette Has a Gun sells stake to Weinberg Capital Partners
French niche perfume brand Juliette Has a Gun has carried out a new funding round with Weinberg Capital Partners and its long-established partner Cathay Capital.
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.
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.
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.
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.
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.
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.
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 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”.
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.
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.
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%.
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.