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
Virtual Makeovers Are Booming in Asia
Driven by selfie culture, the rise of virtual makeovers could offer big rewards for beauty brands.
Virtual Makeovers Are Booming in Asia
Driven by selfie culture, the rise of virtual makeovers could offer big rewards for beauty brands.
Beauty
The Dawn of Designer Botox?
As Botox and dermal fillers become a more normalised part of millennial beauty regimes, injectables could be become a multi-billion dollar opportunity for established luxury players.
The Dawn of Designer Botox?
As Botox and dermal fillers become a more normalised part of millennial beauty regimes, injectables could be become a multi-billion dollar opportunity for established luxury players.
News & Analysis
Haircare Products Drive Rise in Adverse Side Effects, New Study Reports
Researchers examined data on side effects reported to the US Food and Drug Administration from 2004 to 2016 for products like makeup, sunscreen, tattoos, hair colour, perfume, shaving creams and baby care items.
Haircare Products Drive Rise in Adverse Side Effects, New Study Reports
Researchers examined data on side effects reported to the US Food and Drug Administration from 2004 to 2016 for products like makeup, sunscreen, tattoos, hair colour, perfume, shaving creams and baby care items.
News & Analysis
The Private-Label Companies You Never Realised Were Making Your Favourite Beauty Products
"Eighty percent of the products that you see in department stores we've created for brands."
The Private-Label Companies You Never Realised Were Making Your Favourite Beauty Products
"Eighty percent of the products that you see in department stores we've created for brands."
Beauty
L'Oreal Receives Bid For The Body Shop From Italy's Investindustrial
The sale by L'Oreal, which has owned The Body Shop since 2006, has drawn interest from a series of private equity investors and a decision is expected in the coming months.
L'Oreal Receives Bid For The Body Shop From Italy's Investindustrial
The sale by L'Oreal, which has owned The Body Shop since 2006, has drawn interest from a series of private equity investors and a decision is expected in the coming months.
Beauty
Revlon Reports First Quarter Loss
The company reported a first-quarter loss of $37.4 million, down from its profit in the same period a year earlier.
Revlon Reports First Quarter Loss
The company reported a first-quarter loss of $37.4 million, down from its profit in the same period a year earlier.
Beauty
Avon Reports $36.5 Million Loss
The direct seller of cosmetics said its results were broadly in line with expectations as it moves ahead with its three-year transformation plan.
Avon Reports $36.5 Million Loss
The direct seller of cosmetics said its results were broadly in line with expectations as it moves ahead with its three-year transformation plan.
Beauty
News Bites | Kendall Jenner Covers Vogue India, Balmain x L'Oréal Paris
In today's News Bites, Mario Testino guest-edits the May issue of Vogue India, which stars Kendall Jenner on the cover, while Balmain creative director Olivier Rousteing tells BoF about his foray into lipstick.
News Bites | Kendall Jenner Covers Vogue India, Balmain x L'Oréal Paris
In today's News Bites, Mario Testino guest-edits the May issue of Vogue India, which stars Kendall Jenner on the cover, while Balmain creative director Olivier Rousteing tells BoF about his foray into lipstick.
Beauty
How Asian Demand for Snail Slime is Boosting Cosmetic Ingredient Suppliers
Croda International Plc and Clariant AG are among Europe’s top suppliers of cosmetic ingredients that are turning to snail slime and Korean flowers to tap Asia’s hefty appetite for the latest skincare products.
How Asian Demand for Snail Slime is Boosting Cosmetic Ingredient Suppliers
Croda International Plc and Clariant AG are among Europe’s top suppliers of cosmetic ingredients that are turning to snail slime and Korean flowers to tap Asia’s hefty appetite for the latest skincare products.
Beauty
Report: L'Oreal Rounds Up Bidders for Body Shop Auction
The French giant is reported to have chosen Brazilian cosmetics firm Natura Cosmeticos as well as a number of firms like CVC Capital Partners and Investindustrial Advisors for the next round of auction for its Body Shop business.
Report: L'Oreal Rounds Up Bidders for Body Shop Auction
The French giant is reported to have chosen Brazilian cosmetics firm Natura Cosmeticos as well as a number of firms like CVC Capital Partners and Investindustrial Advisors for the next round of auction for its Body Shop business.
Beauty
Report: L'Oreal's Body Shop Attracts Bids From 15 Suitors
The retail chain is reported to have attracted bids from around 15 private equity firms and companies, including CVC Capital Partners, Carlyle Group and South Korea’s CJ Group.
Report: L'Oreal's Body Shop Attracts Bids From 15 Suitors
The retail chain is reported to have attracted bids from around 15 private equity firms and companies, including CVC Capital Partners, Carlyle Group and South Korea’s CJ Group.
News & Analysis
Coty Denies Claim of a Ban on Online Sales for its Luxury Brands
The comments came in a landmark case, which could determine whether luxury goods companies can stop retailers from selling their products via online marketplaces such as Amazon or eBay.
Coty Denies Claim of a Ban on Online Sales for its Luxury Brands
The comments came in a landmark case, which could determine whether luxury goods companies can stop retailers from selling their products via online marketplaces such as Amazon or eBay.
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.