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Agenda-setting intelligence, analysis and advice for the global fashion community.

The Best of BoF 2025: The New Food Chain

Beauty’s biggest companies have seen their growth moderate, while a flurry of M&A activity and consolidation has begun to shift the playing field.
This year, firms like Coty, Shiseido, Procter & Gamble and The Estée Lauder Companies have announced restructuring programmes and plans to lay off thousands of workers globally.
(BoF Team)

Beauty conglomerates,

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