Industry buzz
EU-US deal on tariffs: “not good news” for the cosmetics sector, says L’Oréal CEO
The announcement of 15% US tariffs “is not good news” for the cosmetics sector, a key European industry, L’Oréal CEO Nicolas Hieronimus...
Michael Friede joins Symrise from Brenntag to head the Scent & Care business
Michael Friede, who previously served as CEO of Brenntag Specialties, has been appointed to the Executive Board of Symrise. He will take...
L’Oréal’s CEO remains optimistic for 2025 despite US tariffs
French cosmetics behemoth L’Oréal announced on Tuesday, July 29, a 1.6% increase in revenue to EUR 22.47 billion for the first six months...
Interparfums reports a 5.8% increase in sales in the first half of 2025
Interparfums saw its sales increase by 5.8% in the first half of the year to EUR 446.9 million (USD 525 million), with business remaining...
LVMH reports 4% drop in first half sales and 22% decline in profit
French luxury group LVMH (Louis Vuitton, Dior, Celine, Moët Hennessy) saw net profit plummet 22 percent in the first half of 2025, the...
Financial results: Fine fragrance drive Givaudan sales in the first half of 2025
Swiss fragrance and flavor company Givaudan reported rising sales for the first half of 2025 on Tuesday, July 22, driven once again by...
Longchamp inks licensing agreement with Interparfums
French leather goods brand Longchamp announced on Tuesday, July 22, the signing of a fragrance licensing agreement with France-based...
Puig sales grow by 7.6% in the first half of 2025
Puig generated EUR 2,299 million in net revenue in H1 2025. This represented +7.6% like-for-like (LFL) growth compared to the same period...
Estée Lauder appoints ex-Nestlé Aude Gandon as its first ever CDMO
The Estée Lauder Companies has hired Aude Gandon as its first Chief Digital & Marketing Officer (CDMO). Effective August 1, 2025, she...
Luxury goods: Cartier owner posts sales growth despite strong euro
Cartier owner Richemont said on Wednesday, July 16, its sales revenue grew in the last quarter despite the effects of a strong euro and...
