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Cosmetic Industry News
184 posts
L’Oréal overtakes LVMH as France’s most valuable company after luxury slump
L’Oréal has overtaken LVMH to become France’s most valuable listed company, highlighting a widening divide between resilient beauty spending and a luxury sector still struggling with weaker demand.
CVC paid $1.43bn for PDC Brands in 2017, now it could seek about $2bn for Arthea
CVC explores a potential $2bn sale of Dr Teal's parent Arthea as active beauty dealmaking creates another test of personal-care valuations.
Belle Brands acquires Vegamour as Windsong Global expands beauty portfolio
Belle Brands has acquired hair-wellness company Vegamour for undisclosed terms, adding another digitally born beauty business to a portfolio that now spans hair care, skincare, cosmetics and baby personal care.
Dollar Shave Club moves beyond razors with Gen Z-focused Truly Beauty acquisition
Dollar Shave Club buys Truly Beauty in its first acquisition, creating a broader personal-care platform built around retail, TikTok and Gen Z growth.
Primark wants more K-beauty customers without becoming a specialist beauty retailer
Primark partners with Pureseoul for an exclusive UK K-beauty range, testing whether Korean sister brands can bring specialist beauty into value retail.
K-beauty conquered US skincare first, and Nooni thinks colour cosmetics is the next opening
Nooni brings Apple Lip Oil to Target for its first US physical retail launch, testing whether 3.7m-plus online unit sales can translate into store productivity.
Coty profit fell 27% and net debt is $2.9bn. Why is its new CFO arriving now?
Former British American Tobacco CFO Soraya Benchikh has joined Coty as finance chief, inheriting $2.9 billion of net debt, a 27% decline in adjusted operating income, a Consumer Beauty strategic review and a portfolio simplification programme designed to restore growth and margins.
NYSE: WELA filing puts KKR-backed Wella’s $2.29bn debt under investor scrutiny
Wella files for a US IPO with $2.94bn revenue and $522m adjusted EBITDA, but $2.29bn of debt will shape how investors value the beauty group at listing.
Why e.l.f. Beauty is using Sephora exclusivity to make its $1bn rhode bet much bigger
rhode enters Sephora across 19 European markets after e.l.f. Beauty's $1bn deal, testing whether rapid distribution can sustain premium beauty momentum.
Rituals generated €2.43bn in revenue, then decided 1,500 physical stores needed changing at once
Rituals invests €40m to refit 1,500 boutiques in 30 countries, testing whether physical retail can keep pace with €2.43bn beauty growth across Europe.