Lululemon Sees Annual Revenue, Profit Below Estimates Amid Board, Demand Challenges
CEO Calvin McDonald stepped down in December following months of share price weakness and lack of design freshness.
cosmetics
Beauty
Henkel's Beauty Unit Weighs on First Quarter Results
Sales of the consumer goods company's beauty care brands like Schwarzkopf shampoo and Dial soap fell an organic 2.2 percent, hurt by a weak performance in western Europe and China.
Henkel's Beauty Unit Weighs on First Quarter Results
Sales of the consumer goods company's beauty care brands like Schwarzkopf shampoo and Dial soap fell an organic 2.2 percent, hurt by a weak performance in western Europe and China.
Beauty
Dr Barbara Sturm Says to Focus on Passion, Not Money
The German "It"-doctor and founder of beauty’s cultiest skincare line shares advice on picking your team, keeping your family close and thinking with passion.
Dr Barbara Sturm Says to Focus on Passion, Not Money
The German "It"-doctor and founder of beauty’s cultiest skincare line shares advice on picking your team, keeping your family close and thinking with passion.
Beauty
Nivea Revamp Boosts Sales at Beiersdorf
Mass-market labels like Nivea have struggled in recent years amid the rise of small, disruptive brands like The Ordinary, and consumer shifts towards natural ingredients and premium products.
Nivea Revamp Boosts Sales at Beiersdorf
Mass-market labels like Nivea have struggled in recent years amid the rise of small, disruptive brands like The Ordinary, and consumer shifts towards natural ingredients and premium products.
Beauty
P&G Sales and Profit Beat Estimates
The beauty business saw a 9 percent rise in organic sales, helped by the premium SK-II brand.
P&G Sales and Profit Beat Estimates
The beauty business saw a 9 percent rise in organic sales, helped by the premium SK-II brand.
News & Analysis
The Week Ahead: What Lonzo Ball’s Covered-Up Tattoo Tells Us About the Sneaker Market
This week, everyone will be talking about Nike's next potential blockbuster athlete signing, Pat McGrath's UK launch and revelations on gender pay disparity at large fashion brands. Read our BoF Professional Cheat Sheet.
The Week Ahead: What Lonzo Ball’s Covered-Up Tattoo Tells Us About the Sneaker Market
This week, everyone will be talking about Nike's next potential blockbuster athlete signing, Pat McGrath's UK launch and revelations on gender pay disparity at large fashion brands. Read our BoF Professional Cheat Sheet.
Beauty
Santander Brasil Partners With Cosmetics Maker Natura to Offer Banking Services
The deal will offer digital checking accounts and other banking services to Natura's 1 million sellers.
Santander Brasil Partners With Cosmetics Maker Natura to Offer Banking Services
The deal will offer digital checking accounts and other banking services to Natura's 1 million sellers.
Beauty
Sure Owner Exploring Sale of Personal Care Business
Helen of Troy is just the latest company looking to offload its personal care business.
Sure Owner Exploring Sale of Personal Care Business
Helen of Troy is just the latest company looking to offload its personal care business.
Beauty
With Glossier Play, Instagram's Favourite Beauty Brand Plots Its Next Chapter
The new brand is Glossier's most significant investment in colour cosmetics yet, and is meant to cement the company's status as a 'builder of brands.'
With Glossier Play, Instagram's Favourite Beauty Brand Plots Its Next Chapter
The new brand is Glossier's most significant investment in colour cosmetics yet, and is meant to cement the company's status as a 'builder of brands.'
Beauty
JAB Offers to Boost Stake in Coty to 60 Percent
JAB, already the largest shareholder in the beauty products company with a 40 percent stake, said it would launch a partial tender offer to buy 150 million shares.
JAB Offers to Boost Stake in Coty to 60 Percent
JAB, already the largest shareholder in the beauty products company with a 40 percent stake, said it would launch a partial tender offer to buy 150 million shares.
Beauty
Microplastics Ban Could Cost Beauty Sector Billions
A European Union proposal to restrict the use of microplastics could hit the cosmetics industry hardest, amounting to billions of euros in replacement costs.
Microplastics Ban Could Cost Beauty Sector Billions
A European Union proposal to restrict the use of microplastics could hit the cosmetics industry hardest, amounting to billions of euros in replacement costs.
Beauty
PZ Cussons Sees Lower Profit as Africa Challenges Mount
The owner of Imperial Leather, Original Source and St Tropez has been struggling to turn around its African business, which contributes over a third of its revenue.
PZ Cussons Sees Lower Profit as Africa Challenges Mount
The owner of Imperial Leather, Original Source and St Tropez has been struggling to turn around its African business, which contributes over a third of its revenue.
The News in Brief
Puig Announces New CEO
Jose Manuel Albesa will succeed Marc Puig, becoming the first non-family member to lead the Spanish conglomerate in more than 20 years.
Spandex Maker Lycra Files for Bankruptcy After Years of Stress
The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.
US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says
The proposal would give companies the option to share results twice a year.
Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.