News
Joan Pere Jiménez to succeed Laurent Mercier as Eurofragance CEO in 2026
Industry buzz
Spanish fragrance house Eurofragance announced on Friday, February 14, the appointment of Joan Pere Jiménez as chief executive officer,...
U.S. prestige beauty sales rose 7% in 2024 to $33.9 billion, says Circana
Markets & trends
Once again, sales in the prestige beauty segment outpaced those in the mass in the U.S. in 2024, with 7 percent growth, compared to 3...
Beauty retail: Douglas reports 5.8% rise in year-end sales
Industry buzz
The leading prestige beauty retailer in Europe saw a 5.8% increase in sales (+5.3% like-for-like) in the last quarter of 2024, marking...
Trade shows: Five beauty trends spotted at Cosme Tokyo 2025
Markets & trends
The 2025 edition of Cosme Tokyo took place from 15th to 17th January as part of Cosme Week Tokyo, which also features Cosme Tech...
Ali Goldstein appointed as President, Head of Acquisitions for L’Oréal USA
Industry buzz
French beauty giant L’Oréal Groupe announced on Thursday, February 13, the appointment of Ali Goldstein as President of Acquisitions for...
Unilever announces profit slump on Russia exit and restructuring costs
Industry buzz
British consumer goods giant Unilever on Thursday, February 13, announced falling net profits for 2024, hit by exiting Russia and other...
Shiseido posts net loss in 2024 amid China consumption turmoil
Industry buzz
Japanese cosmetics giant Shiseido reported a net loss of 10.8 billion yen (about USD 71 million) for 2024, mostly due to a slump in sales...
Syensqo and Bota Bio partner to develop biomimetic ingredients for hair care
Industry buzz
Syensqo and Bota Bio have entered into a strategic five-year partnership to develop a high-performance innovative bio-based protein...
Hong Kong scientists fight to save agarwood from illegal tree felling
Environment
Environmentalists say illegal agarwood tree felling is on the rise in Hong Kong, fuelled by black market demand. The forests of the...
L’Oréal confirmed acquiring a minority stake in luxury perfume brand Amouage
Industry buzz
Overshadowed by the buzz surrounding L’Oréal’s beauty partnership with fashion brand Jacquemus, the group’s investment in the Omani brand...
