Cosmetics

Kering Recruits Estée Lauder Executive For Push Into Cosmetics

French luxury goods group Kering has announced plans to enter the cosmetics business, with the announcement that it has recruited seasoned Estée Lau...

Coty Beats Quarterly Revenue Estimates As Beauty Demand Sits Pretty

Coty Inc beat Wall Street estimates for quarterly revenue as higher prices and sturdy demand for its fragrances and cosmetics helped soften the hit from a...

Estée Lauder Cuts Annual Forecasts As China Curbs Drag Demand

Estée Lauder Cos Inc cut its full-year sales and profit forecasts on Wednesday, signalling a hit to sales from persistent COVID-19-related lockdowns...

Estée Lauder Forecasts Dour 2023 Due To China COVID Lockdowns

Estée Lauder Cos Inc has forecast full-year sales and profit below estimates, due to a hit from COVID-19-related lockdowns in major market China.

L’Oréal Bucks Trend With Chinese Sales Growth In Q2

L’Oréal bucked a declining trend for the luxury and fashion industry in China with sales growing in the second quarter despite COVID-19 lockdo...

Revlon Files For Bankruptcy Protection

Cosmetics maker Revlon Inc filed for Chapter 11 bankruptcy protection after struggling to compete with online-focused upstart brands in recent years.

L’Oréal Announces Launch Of Third Employee Share Ownership Plan

L’Oréal has announced the launch of its third employee share ownership plan, which will be rolled out across 63 countries.

Coty Lifts Profit Forecast On Resilient Demand For Luxury Cosmetics

Cosmetics maker Coty Inc raised its full-year profit outlook on resilient demand for its high-end fragrances and skincare products even at a time infl...