Beauty news and archive

Puig and Estée Lauder confirm merger negotiations

Madrid – A potential, and it must be stressed potential, merger of giants in the fashion and beauty world is on the horizon. Both the Spanish company Puig, owner of Carolina Herrera and Jean Paul Gaultier, and the US-based The Estée Lauder Companies, which owns Tom Ford, Clinique and Mac, have confirmed they are in negotiations to merge. This...

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Jose Manuel Albesa appointed new CEO of Puig

Madrid – Puig, the Spanish fashion and beauty multinational that owns fashion houses such as Jean Paul Gaultier, Nina Ricci, Rabanne and Carolina Herrera, has announced the immediate appointment of Jose Manuel Albesa as the company's new sole chief executive officer. He takes over from Marc Puig, who will continue to steer the multinational's...

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Salt Life continues to accelerate lifestyle offering with debut fragrance

Salt Life, the coastal lifestyle brand part of Iconix International, is continuing to accelerate its transformation beyond apparel to capture the “life on the water” experience, with a new global licensing deal with beauty company Revlon Consumer Products LLC, to develop its first-ever fragrance collection, expanding the brand into the beauty...

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Estée Lauder sues Inditex and perfumer Jo Malone for trademark infringement

Madrid – While the Inditex group celebrated its strong annual results for the 2025 financial year in Madrid, beauty multinational The Estée Lauder Companies (ELC) dampened the proceedings by filing a lawsuit in the UK against the Spanish company. The legal action is based on an alleged trademark infringement occurring as part of the...

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Puig surpasses 5 billion euros in turnover and boosts profits by 13 percent

Madrid – Following the update from FashionUnited earlier this week, the Spanish fashion and beauty multinational Puig Group presented its annual results for the 2025 financial year on Wednesday. This marks the first time the company has done so before the start of a trading session since its stock market debut. The fiscal year ended on December...

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LVMH strengthens executive committee with new appointments

French luxury conglomerate LVMH Moët Hennessy Louis Vuitton (LVMH) has announced strategic changes to its senior leadership team to bolster its sustainable growth strategy. The appointments, which are effective immediately, see two long-standing internal leaders join the group executive committee as the company reorganises its beauty and...

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Coty continues strategic review following successful debt reduction

Paris, France - US cosmetics and fragrance group Coty, which appointed a new interim CEO in January, published mixed results on Thursday. The company reported its “lowest debt in nine years” and is continuing its strategic review. In the second quarter of its fiscal year, from October to December, Coty's turnover increased by 1 percent...

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Sparxell secures funding to scale plant-based colour technology

Cambridge-based biotech firm Sparxell has raised 5 million US dollars in a pre-series A funding round to scale its 100 percent plant-based, high-performance biodegradable colour technology, as it looks to replace toxic chemicals in the 48 billion US dollar global colourants market. The round was led by SWEN Capital Partners’ Blue Ocean 2 fund,...

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Interparfums acquires David Beckham and Nautica fragrance licences

Interparfums, which produces fragrances for brands including Jimmy Choo and Coach, announced on Thursday the acquisition of two additional licences for David Beckham and Nautica. “Interparfums today announced the signing of an exclusive 20-year global licence agreement with David Beckham for the creation, development, production and distribution...

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Goodbye DFS, hello Sephora: LVMH's major strategic shift — an analysis of the 2025 financial year

LVMH closes the 2025 financial year with a clear-sighted assessment. Following the post-pandemic euphoria, Bernard Arnault's group reported revenue of 80.8 billion euros, a 5 percent decline on a reported basis. While this headline decline is largely exacerbated by currency volatility, particularly the weakness of the dollar and yen against the...

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Alo appoints new international CEO to drive global expansion

Los Angeles-based wellness lifestyle brand Alo, known for its premium, fashion-forward fitness clothing, has appointed former Dior and Miu Miu executive Benedetta Petruzzo as its international chief executive officer. In the newly created role, Petruzzo will take the helm of driving Alo’s international expansion, by evolving the brand’s...

Fashion |Beauty

Beauty brand Summer Fridays unveils debut apparel with Gap

American retailer Gap is collaborating with cult-favourite beauty brand Summer Fridays to launch a curated collection of “cosy essentials,” such as soft knits, fleece sets, and matching pyjamas for the holiday season. The collaboration, launching on December 12, marks the first-ever apparel collection from the beauty brand, and blends Gap’s...