Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
skincare
Beauty
Glossier’s Comeback Plan
After a rough few years, the beauty brand is opening a new SoHo flagship, will soon launch at Sephora and is planning a busy slate of product releases. Sources say sales of $275 million this year aren’t out of the question.
Glossier’s Comeback Plan
After a rough few years, the beauty brand is opening a new SoHo flagship, will soon launch at Sephora and is planning a busy slate of product releases. Sources say sales of $275 million this year aren’t out of the question.
Beauty
Why the World’s Biggest Beauty Company Is Moving Upmarket
L’Oréal is reinforcing its high-end focus under CEO Nicolas Hieronimus.
Why the World’s Biggest Beauty Company Is Moving Upmarket
L’Oréal is reinforcing its high-end focus under CEO Nicolas Hieronimus.
Beauty
For Coty, Is It Goodbye Gucci?
With its new beauty division, Kering clearly wants to exert more control over its fashion houses’ beauty businesses. That could spell trouble for the companies that currently hold lucrative fragrance and cosmetics licenses.
For Coty, Is It Goodbye Gucci?
With its new beauty division, Kering clearly wants to exert more control over its fashion houses’ beauty businesses. That could spell trouble for the companies that currently hold lucrative fragrance and cosmetics licenses.
Beauty
The Business of Beauty Global Forum Is Coming to California From May 30–June 1, 2023
The Business of Fashion is pleased to announce The Business of Beauty Global Forum, a new invitation only gathering bringing together a dynamic group of executives, entrepreneurs, and creatives from the global beauty and wellness industry, taking place between May 30 and June 1, 2023 at Stanly Ranch, a new five-star resort located in Napa Valley, California, USA.
The Business of Beauty Global Forum Is Coming to California From May 30–June 1, 2023
The Business of Fashion is pleased to announce The Business of Beauty Global Forum, a new invitation only gathering bringing together a dynamic group of executives, entrepreneurs, and creatives from the global beauty and wellness industry, taking place between May 30 and June 1, 2023 at Stanly Ranch, a new five-star resort located in Napa Valley, California, USA.
Beauty
What Happens When Consumers Don’t Trust ‘Clean’
‘Clean’ products have been a driving force in beauty for years. But with no universal standards, the confusion surrounding that label is threatening both its use as a measure of product safety and in marketing.
What Happens When Consumers Don’t Trust ‘Clean’
‘Clean’ products have been a driving force in beauty for years. But with no universal standards, the confusion surrounding that label is threatening both its use as a measure of product safety and in marketing.
Beauty
Sephora Responds to Claim Its Clean Beauty Programme Is Anything But
The LVMH-owned beauty retailer asked a federal judge to dismiss a lawsuit alleging its “Clean at Sephora” designation is false advertising.
Sephora Responds to Claim Its Clean Beauty Programme Is Anything But
The LVMH-owned beauty retailer asked a federal judge to dismiss a lawsuit alleging its “Clean at Sephora” designation is false advertising.
Beauty
Who Are Pat McGrath Labs’ Investors?
Eurazeo, which invested in Pat McGrath Labs in a deal that valued the beauty brand at $1 billion in 2018, quietly sold its stake in the beauty line in 2021, BoF has learned.
Who Are Pat McGrath Labs’ Investors?
Eurazeo, which invested in Pat McGrath Labs in a deal that valued the beauty brand at $1 billion in 2018, quietly sold its stake in the beauty line in 2021, BoF has learned.
Beauty
Beauty’s Top M&A Targets
The global market has slowed, but the beauty category remains of interest to financial backers. The Business of Beauty identifies the top targets of the year.
Beauty’s Top M&A Targets
The global market has slowed, but the beauty category remains of interest to financial backers. The Business of Beauty identifies the top targets of the year.
Beauty
Why Gen-Z Yellow Will Never Be Millennial Pink
Gen-Z’s bright aesthetic may be rising in popularity, but the generation’s individualistic nature may keep it from becoming a full-blown phenomenon.
Why Gen-Z Yellow Will Never Be Millennial Pink
Gen-Z’s bright aesthetic may be rising in popularity, but the generation’s individualistic nature may keep it from becoming a full-blown phenomenon.
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
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).
The News in Brief
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.
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
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.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
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.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
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.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.