Puig Sales Rose 19% to €4.3 billion in 2023
The Spanish conglomerate is on track to hit its goal of €4.5 billion in annual sales by 2025 ahead of schedule.
The Debrief Podcast | How Tweens Took Over the Beauty Aisle
Senior correspondent Sheena Butler-Young speaks with Priya Rao, executive editor at The Business of Beauty, about tweens’ rising influence in beauty and how brands are catering to this young and increasingly influential demographic.
A Temporary Goodbye and More Predictions for 2024
As I head out on maternity leave for the next several months, a look at what The Business of Beauty has its eye on.
Beauty
Have Incubators Outlived Their Purpose?
Two of Luxury Brand Partners’ biggest lines, One/Size and IGK Hair, announced their entrance into the M&A fray. With strong financial profiles, they both should be desirable to acquirers, but brand incubators haven’t had the success they did in the 2010s.
Have Incubators Outlived Their Purpose?
Two of Luxury Brand Partners’ biggest lines, One/Size and IGK Hair, announced their entrance into the M&A fray. With strong financial profiles, they both should be desirable to acquirers, but brand incubators haven’t had the success they did in the 2010s.
Who Is Going to Buy All These Makeup Brands?
This week, the founder and creative director introduced her foray into colour cosmetics with Pocket Blush, an adorable stick formula, that trades on her most used beauty product.
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Why Blush Might Catapult Hailey Bieber’s Rhode to Beauty’s Top Tier
This week, the founder and creative director introduced her foray into colour cosmetics with Pocket Blush, an adorable stick formula, that trades on her most used beauty product.
The BoF Podcast | Gucci Westman and David Neville on Creating a Luxury Beauty Brand That Lasts
The Westman Atelier founders sit down with Priya Rao at The Business of Beauty Global Forum to unpack their brand building strategy, beginning with a laser-focus on high-quality products.
What I’m Looking Forward to at The Business of Beauty Global Forum 2024
Join the livestream on June 3 and 4, 2024 to challenge the boundaries of the global beauty and wellness industry.
Why Prestige Beauty Can No Longer Ignore Amazon
From Kiehl’s to Clinique, a flood of premium lines are giving in to the e-commerce platform, realising it’s too much of a growth driver to pass up.
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Meet Our Finalists for The Business of Beauty Global Awards 2024
Fara Homidi, Conserving Beauty and D’You are among our nine shortlisted brands.
The Important Message Behind ‘So Many Dicks’
A genius marketing campaign from E.l.f. Beauty this week emphasised how diversity, equity and inclusion efforts can be done at the highest levels — and what the barriers are to making substantial progress.
Why Beyoncé's Cécred Hair Tutorial Matters
In a rare video this week, the mega-singer responded to sceptics and gave the public a look at what her beauty founder personality might be.
Ulta Beauty’s Problems Are Not the Industry’s Problems
News of a potential exit has the beauty industry in shock and awe of the Selena Gomez-founded label, and wondering what its next move should be.
The News in Brief
Francisco Costa Plans to Buy Back Costa Brazil
The bid came in a filing tied to bankruptcy proceedings for Amyris, which closed the brand in August.
The Estée Lauder Companies Targeted by Worldwide Cybersecurity Breach
Employees at The Estée Lauder Companies offices around the world remain locked out of their email and other key functions after a third party gained access to some of the beauty conglomerate’s IT systems, according to people familiar with the situation.
Shiseido’s Announces New Growth Strategy, Sees Fiscal Year Profits Fall
The beauty company reported on Friday that full-year sales grew by 5.7 percent for the fiscal year ended Dec. 31, to approximately 1.07 trillion yen, or $8.1 billion.