LVMH-Backed L Catterton Agrees to Buy Majority Stake in Kiko
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
Large conglomerates have come under fire for showing support for the racial justice movement while manufacturing and distributing skin-whitening lotions. Some are taking action, but critics question whether it’s enough.
Beauty brands are hoping LED face masks, sonic facial toners and other technology-infused products will catch on in the age of Peloton.
From waterless beauty to TikTok, here are the biggest trends to look out for this year.
The company exceeded Wall Street expectations following a rise in net income and net sales at the end of the first quarter.
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The beauty business saw a 9 percent rise in organic sales, helped by the premium SK-II brand.
As the beauty industry continues to reinvent itself, career opportunities and choices are growing.
The company reported a surprise rise in first-quarter sales to $16.69 billion after strong demand for its beauty products and cleaning supplies.
Eager buyers are driving beauty and personal care valuations up, but industry insiders see risks.
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A flurry of fashionable fem care startups are taking aim at Tampax.
Non-toxic beauty is more than a trend: It’s a health issue, a political issue — and a business opportunity. As the market shifts and consumers demand more from their products, will the establishment finally catch on? Sarah Brown reports.
This week, Dolce & Gabbana Group has appointed Fabrizio Cardinali as chief operating officer, while Leonie Brantberg has been tapped by Burberry to head up their strategy department.
This week, France has fined 35 modelling agencies for price fixing, and UK MPs are to investigate working conditions at Asos.
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.