Spain’s Puig Shares Jump on Lauder Merger Talks
Shares of the Spanish beauty group surged around 16 percent on Tuesday, on track for their best trading day on record, after announcing they were in talks over a potential merger with Estée Lauder.
cosmetics
Beauty
Makeup by Mario Secures Minority Investment at $200 Million Valuation
Provenance and Silas Capital took a minority stake in Mario Dedivanovic’s Makeup by Mario, valuing the brand at over $200 million.
Makeup by Mario Secures Minority Investment at $200 Million Valuation
Provenance and Silas Capital took a minority stake in Mario Dedivanovic’s Makeup by Mario, valuing the brand at over $200 million.
Beauty
Hyram Yarbro and Addison Rae Didn’t Need Beauty Brands
Hyram Yarbro and Addison Rae are the latest content creators-turned-founders to discover online fame alone doesn’t translate into beauty sales.
Hyram Yarbro and Addison Rae Didn’t Need Beauty Brands
Hyram Yarbro and Addison Rae are the latest content creators-turned-founders to discover online fame alone doesn’t translate into beauty sales.
Beauty
Morphe Parent Files for Bankruptcy, Parts Ways With Ariana Grande’s R.E.M. Beauty
Following disappointing sales, influencer controversies, layoffs and store closures, the beauty incubator’s assets are to be acquired by lenders.
Morphe Parent Files for Bankruptcy, Parts Ways With Ariana Grande’s R.E.M. Beauty
Following disappointing sales, influencer controversies, layoffs and store closures, the beauty incubator’s assets are to be acquired by lenders.
Beauty
P&G Beauty Acquires Textured Hair Brand Mielle Organics
Mielle Organics has been acquired by P&G Beauty for an undisclosed sum. Co-founders Monique and Melvin Rodriguez will stay on in their roles of CEO and COO, respectively.
P&G Beauty Acquires Textured Hair Brand Mielle Organics
Mielle Organics has been acquired by P&G Beauty for an undisclosed sum. Co-founders Monique and Melvin Rodriguez will stay on in their roles of CEO and COO, respectively.
Beauty
Why It’s So Hard for Fashion Retailers to Succeed in Beauty
It’s hard to break into beauty, on or offline, even if you’re owned by Amazon. As retailers from Trader Joe’s to Moda try to establish dominance in a category with endless points of distribution, it takes more than just populating your site or shelves with bottles and tubes of skin care to get shoppers to see you as a viable seller of beauty. It takes authority, and usually, exclusive focus (Sephora and Ulta Beauty aren’t trying to sell fashion, after all).
Why It’s So Hard for Fashion Retailers to Succeed in Beauty
It’s hard to break into beauty, on or offline, even if you’re owned by Amazon. As retailers from Trader Joe’s to Moda try to establish dominance in a category with endless points of distribution, it takes more than just populating your site or shelves with bottles and tubes of skin care to get shoppers to see you as a viable seller of beauty. It takes authority, and usually, exclusive focus (Sephora and Ulta Beauty aren’t trying to sell fashion, after all).
Beauty
The Debrief | How Harry Styles Built a Nail Polish Empire
Priya Rao, executive editor, Business of Beauty, joins Lauren Sherman to unpack how the singer’s lifestyle label has managed to build a loyal fan base — without his direct involvement.
The Debrief | How Harry Styles Built a Nail Polish Empire
Priya Rao, executive editor, Business of Beauty, joins Lauren Sherman to unpack how the singer’s lifestyle label has managed to build a loyal fan base — without his direct involvement.
Beauty
Why Beauty Is the New ‘It-Bag’ for Luxury E-Commerce
Moda Operandi is launching beauty, the third luxury fashion site to enter the category in under a year.
Why Beauty Is the New ‘It-Bag’ for Luxury E-Commerce
Moda Operandi is launching beauty, the third luxury fashion site to enter the category in under a year.
Beauty
How Beauty Brands Are Preparing for 2023
As companies plan for another turbulent year, they are emphasising value, taking bigger retail bets and remaining optimistic.
How Beauty Brands Are Preparing for 2023
As companies plan for another turbulent year, they are emphasising value, taking bigger retail bets and remaining optimistic.
Beauty
The Best of BoF: Beauty’s Year of Change
In 2022, the rules of beauty changed. Neon yellow replaced millennial pink, TikTok became the social marker of success, and omnichannel became the only path for survival. Explore BoF’s in-depth features and analysis on these topics and other year-defining trends like colour cosmetics’ comeback and the rise of celebrity brands.
The Best of BoF: Beauty’s Year of Change
In 2022, the rules of beauty changed. Neon yellow replaced millennial pink, TikTok became the social marker of success, and omnichannel became the only path for survival. Explore BoF’s in-depth features and analysis on these topics and other year-defining trends like colour cosmetics’ comeback and the rise of celebrity brands.
Beauty
How Kim Kardashian Changed Beauty – Again
Kim Kardashian may have launched her beauty brand, SKKN by Kim, with a collection of nine skin care products this year, but her impact on the beauty world came from just about everything else.
How Kim Kardashian Changed Beauty – Again
Kim Kardashian may have launched her beauty brand, SKKN by Kim, with a collection of nine skin care products this year, but her impact on the beauty world came from just about everything else.
Beauty
Gen-Z Beauty Brands Grow Up
A number of brands targeted at younger consumers — armed with loud, colourful branding and fresh capital — have to think about what comes next.
Gen-Z Beauty Brands Grow Up
A number of brands targeted at younger consumers — armed with loud, colourful branding and fresh capital — have to think about what comes next.
Workplace & Talent
How I Became... L’Oréal’s Head of Makeup Research and Innovation for Luxury Brands
Micheline El Achkar’s science background served as a conduit to her current role in luxury makeup research and innovation. Now, she offers her careers advice for working in the beauty industry.
How I Became... L’Oréal’s Head of Makeup Research and Innovation for Luxury Brands
Micheline El Achkar’s science background served as a conduit to her current role in luxury makeup research and innovation. Now, she offers her careers advice for working in the beauty industry.
The News in Brief
Oil Slides, Stocks Climb on Trump’s Iran Reprieve
Oil prices tumbled by over 8 percent after Trump said the US was in talks with Tehran to end the US-Israeli war on Iran, a claim parliamentary speaker Mohammad Baqer Ghalibaf has denied.
Puig, Estée Lauder Companies Considering Merger
The Spanish owner of Byredo, Rabanne and Charlotte Tilbury and the American conglomerate confirmed on Monday that they are in discussions to combine their businesses.
Applied Nutrition Sinks as War Disruption Poses Growth Risk
The UK supplement maker's shares slumped the most since its 2024 IPO after warning of disruption from the conflict in the Middle East, its CEO told Bloomberg.
New Luxury Store Openings Rise in Europe, Cushman Data Shows
The continent’s leading luxury retail streets saw a 13 percent rise in new outlets last year, with fierce competition for prime locations, according to Cushman & Wakefield.
Garage Clothing Owner Rides Y2K Fashion to $5.3 Billion Fortune
Andrew Lutfy, CEO and majority owner of Groupe Dynamite, saw his net worth surge to $5.3 billion after a sharp rise in shares following the company’s 2024 IPO.
Danone Acquires Protein Drinks Maker Huel in €1 Billion Deal
Huel, which counts actor Idris Elba and TV presenter Jonathan Ross among its investors, has agreed to be acquired by the French consumer goods group in a deal worth about $1.2 billion.
Qatar Investment Authority Eyes 10% Stake in Golden Goose
Qatar’s sovereign wealth fund is preparing to buy a stake in Italian sneaker maker Golden Goose, Corriere della Sera reported Saturday.