De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.

The L’Oréal-owned skincare line grew its sales almost five times between 2017 and 2021, riding a wave of enthusiasm for straightforward, affordable, expert-approved skincare, and becoming an industry-shaping force in beauty. Other mass brands are hoping for their moment in the spotlight.

The L’Oréal-owned skincare line grew its sales almost five times between 2017 and 2021, riding a wave of enthusiasm for straightforward, affordable, expert-approved skincare, and becoming an industry-shaping force in beauty. Other mass brands are hoping for their moment in the spotlight.

Will they fare better than sustainable fashion labels?

Will they fare better than sustainable fashion labels?

Speed, innovation, hero brands and young shoppers prove to be top levers in this week earnings.

Speed, innovation, hero brands and young shoppers prove to be top levers in this week earnings.

The line, Blu & Green, uses plastic-free packaging, and will be available on the brand’s e-commerce site on Monday.

The line, Blu & Green, uses plastic-free packaging, and will be available on the brand’s e-commerce site on Monday.

Under eye patches make their case for out of the house attire, and Sofia Richie Grainge plots a beauty line.

Under eye patches make their case for out of the house attire, and Sofia Richie Grainge plots a beauty line.

To build a business that lasts, brands must appeal to more than their original core demographic. Behemoths like Nike and Apple have done so — but makeup, skin care and hair lines have had less luck.

To build a business that lasts, brands must appeal to more than their original core demographic. Behemoths like Nike and Apple have done so — but makeup, skin care and hair lines have had less luck.

At the second annual BEAUTY&YOU India Awards, created by The Estée Lauder Companies’ New Incubation Ventures in partnership with Nykaa, nine brands and creatives representing the future of Indian beauty, innovation and creativity were awarded cash grants and mentorship. BoF also hosted a series of panel talks with some of India’s most celebrated creatives and entrepreneurs, including Katrina Kaif, Lakshmi Menon, Bandana Tewari, Anaita Shroff Adajania, Diipa Büller-Khosla, Masaba Gupta and Anita Lal.

At the second annual BEAUTY&YOU India Awards, created by The Estée Lauder Companies’ New Incubation Ventures in partnership with Nykaa, nine brands and creatives representing the future of Indian beauty, innovation and creativity were awarded cash grants and mentorship. BoF also hosted a series of panel talks with some of India’s most celebrated creatives and entrepreneurs, including Katrina Kaif, Lakshmi Menon, Bandana Tewari, Anaita Shroff Adajania, Diipa Büller-Khosla, Masaba Gupta and Anita Lal.

Following a study by the US National Institutes of Health associating hair relaxer use with uterine cancer, over 7000 lawsuits have been filed against companies like L’Oreal and Revlon.

Following a study by the US National Institutes of Health associating hair relaxer use with uterine cancer, over 7000 lawsuits have been filed against companies like L’Oreal and Revlon.

From Glossier-themed Bat Mitzvahs to the return of tramp stamps, the week in beauty news.

From Glossier-themed Bat Mitzvahs to the return of tramp stamps, the week in beauty news.

The luxury marketplace acquired the cult beauty retailer less than two years ago, but is now exiting the category.

The luxury marketplace acquired the cult beauty retailer less than two years ago, but is now exiting the category.

Olaplex is replacing its chief executive as the haircare brand confronts a sharp slide in sales.

Olaplex is replacing its chief executive as the haircare brand confronts a sharp slide in sales.

The executive joins from Savage X Fenty, where she was co-president.

The executive joins from Savage X Fenty, where she was co-president.
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.