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
News & Analysis
Behind Beautycounter’s Boom
The secret to the brand's success: a well-timed focus on ‘clean’ products and a 38,000-strong army of peer-to-peer salespeople.
Behind Beautycounter’s Boom
The secret to the brand's success: a well-timed focus on ‘clean’ products and a 38,000-strong army of peer-to-peer salespeople.
Beauty
How Avon Is Rebooting for a Digital Age
The pioneer of door-to-door selling is betting on technology and a new digital team to bolster its business in hard times.
How Avon Is Rebooting for a Digital Age
The pioneer of door-to-door selling is betting on technology and a new digital team to bolster its business in hard times.
News & Analysis
L'Oréal Names New CFO, Head of Luxury Cosmetics Division
L'Oréal veteran Christophe Babule is set to replace Christian Mulliez, who will leave the company at the end of April 2019.
L'Oréal Names New CFO, Head of Luxury Cosmetics Division
L'Oréal veteran Christophe Babule is set to replace Christian Mulliez, who will leave the company at the end of April 2019.
News & Analysis
Coty CEO Camillo Pane Resigns, Chairman Replaced
The announcement of Pane's departure follows a drop in shares for the cosmetics company.
Coty CEO Camillo Pane Resigns, Chairman Replaced
The announcement of Pane's departure follows a drop in shares for the cosmetics company.
News & Analysis
Zalando Expands Beauty Offer to Men
The German-based retailer will also launch beauty in Austria and Poland.
Zalando Expands Beauty Offer to Men
The German-based retailer will also launch beauty in Austria and Poland.
Beauty
The Original Internet Beauty Brand Is Under Attack
Paula’s Choice found success on the internet, but customers are accusing the skincare brand of abandoning its core values as buzzy rivals grow their positions. Has the charm worn off?
The Original Internet Beauty Brand Is Under Attack
Paula’s Choice found success on the internet, but customers are accusing the skincare brand of abandoning its core values as buzzy rivals grow their positions. Has the charm worn off?
Beauty
Zalando Buffs Up Beauty Credentials with Berlin Shop
Its first foray into a physical store is aimed at establishing its reputation in beauty by hosting makeup masterclasses and exclusive product launches.
Zalando Buffs Up Beauty Credentials with Berlin Shop
Its first foray into a physical store is aimed at establishing its reputation in beauty by hosting makeup masterclasses and exclusive product launches.
Luxury
L'Oréal Shares Fall as Mass-Market Drugstore Brands Struggle
Lower-end brands such as Maybelline fell short of estimates.
L'Oréal Shares Fall as Mass-Market Drugstore Brands Struggle
Lower-end brands such as Maybelline fell short of estimates.
Beauty
Is Mascara Losing Its Relevance?
Buzzy brands like Fenty Beauty, Kylie Cosmetics and Anastasia Beverly Hills don’t sell mascara — a sign it may be losing ground as a beauty staple.
Is Mascara Losing Its Relevance?
Buzzy brands like Fenty Beauty, Kylie Cosmetics and Anastasia Beverly Hills don’t sell mascara — a sign it may be losing ground as a beauty staple.
Beauty
Billion-Dollar Beauty Brands Face Exit Conundrum
A new breed of buzzy beauty brands are using social media to drive rapid growth. But can they credibly command technology-style valuations?
Billion-Dollar Beauty Brands Face Exit Conundrum
A new breed of buzzy beauty brands are using social media to drive rapid growth. But can they credibly command technology-style valuations?
Financial Markets
Pat McGrath Receives $60 Million From Eurazeo Brands
The latest funding round brings the cosmetic line's total funding to $88 million, just two years since the company’s inception.
Pat McGrath Receives $60 Million From Eurazeo Brands
The latest funding round brings the cosmetic line's total funding to $88 million, just two years since the company’s inception.
News & Analysis
Kylie Jenner on Track to Be Youngest Self-Made Billionaire
The Kardashian half-sister sold more than $630 million worth of makeup since 2016 under her line, Kylie Cosmetics, which she owns 100 percent.
Kylie Jenner on Track to Be Youngest Self-Made Billionaire
The Kardashian half-sister sold more than $630 million worth of makeup since 2016 under her line, Kylie Cosmetics, which she owns 100 percent.
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.