In response to the “phoney war” of trade initiated by Donald Trump—marked by threats, bold declarations, and sudden reversals—the French cosmetics industry, the world’s top exporter, is working to develop a strategic approach. Several scenarios have been formulated by market…
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 the first quarter of its staggered fiscal year. Despite a gloomy consumer climate in two of its key…
British consumer goods giant Unilever on Thursday, February 13, announced falling net profits for 2024, hit by exiting Russia and other restructuring costs. Profit after tax dropped 11 percent to 5.7 billion euros (USD 5.9 billion) compared with 2023, said…
French beauty giant L’Oréal Groupe announced on Thursday, February 13, the appointment of Ali Goldstein as President of Acquisitions for L’Oréal USA, succeeding Carol Hamilton, who is retiring from L’Oréal after a 40-year career with the company. In her new…
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 in the Chinese market. It was the firm’s first net loss since 2020 and the…
French cosmetic exports broke a new record in 2024, reaching a value of 22.5 billion euros, an annual increase of +6.8%. While France, which exports more than 60% of its cosmetics production, remains a global leader in this sector, the…
Overshadowed by the buzz surrounding L’Oréal’s beauty partnership with fashion brand Jacquemus, the group’s investment in the Omani brand Amouage has gone largely unnoticed. On announcing its annual results last Friday, February 7, L’Oréal revealed it had acquired a minority…
Syensqo and Bota Bio have entered into a strategic five-year partnership to develop a high-performance innovative bio-based protein technology in hair and scalp care, with a focus on key concerns such as hair repair from within, or hair growth. Founded…
The U.S. cosmetics and fragrance group Coty announced on Monday, February 7, a 3% drop in its sales in the second quarter of its staggered financial year. The group said its results were impacted by a slowdown in the mass…
The Geman-based manufacturer of application and packaging solutions for the beauty market Geka will unveil its latest collection of mascara, lip gloss, and brow styling innovations at MakeUP in LosAngeles 2025 at the Los Angeles Convention Center on February 12-13,…