Beauty news and archive

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...

Retail

Snapchat launches festive AR retail experience

Social media platform Snapchat, which has more than 900 million monthly active users, has unveiled a festive retail experience in augmented reality (AR), designed to bring holiday shopping to life through immersive and interactive digital boutiques. The inaugural Snapchat Winter Village launches in collaboration with luxury fashion brand Boss,...

Fashion |Beauty

Champion to launch fragrance line developed by Revlon

Athleticwear brand Champion, part of the Authentic Brands Group portfolio, has signed a global fragrance licensing deal with beauty company Revlon Consumer Products, as it looks to launch its first-ever signature fragrance collection. Champion’s inaugural fragrance line will debut in 2027 and will channel “Champion’s heritage and modern...

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Coty subsidiary files lawsuit against Kering and Gucci

A subsidiary of beauty giant Coty has filed a lawsuit against Kering and Gucci in a UK commercial court weeks after a landmark acquisition deal between Kering Beauty and L’Oréal. A case filing by HFC Prestige International Operations Switzerland SARL – the documents of which have not yet been made public – has listed Gucci America Inc; Guccio...

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Puig growth slows to +3.17 percent, impacted by exchange rates

Madrid – Puig, the Spanish fashion and beauty multinational owning a brand portfolio that includes Carolina Herrera, Jean Paul Gaultier and Rabanne, has reported its sales for the third quarter of its current 2025 fiscal year. For the period ending September 30, the company was affected by exchange rates, closing with a revenue increase of +3.17...

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An analysis of Kering Beauté's refocusing strategy and sale to L’Oréal

Far from a hasty analysis, the sale of Kering's beauty division to L’Oréal for approximately four billion euros is more than a simple divestment. It is a decisive move, driven by an undeniable logic of debt reduction and refocusing. FashionUnited breaks down the five operational reasons behind this major transaction. “So, Kering selling its ‘...