Cosmetics

Nykaa, a premier e-commerce leader in beauty and fashion, is advancing its investment footprint by capturing a larger share in Earth Rhythm, confirming an INR 44.5 Cr deal to transform it into a subsidiary. Concurrently, Nykaa is enhancing its influence […]

Recent Acquisition SNR Capital recently completed the acquisition of Thirteen Lune, a deal whose financial details remain confidential. This development follows Thirteen Lune’s announcement in September 2024 about their search for strategic partnerships. Leadership Shifts WWD reports that there have

Focus on Future Omnichannel Success: With a robust conclusion to the fiscal year 2023/24, Douglas anticipates continued growth in its omnichannel strategy for the 2024/25 financial year. The German luxury perfume chain projects an increase in earnings to a range

L’Oréal has reached an agreement to purchase Gowoonsesang Cosmetics from Migros, though financial details remain undisclosed. This acquisition, by the French beauty leader, adds the renowned Korean skincare brand Dr.G to its Consumer Products Division, aiming to fulfill the increasing

Prominent leaders in the cosmetics sector have been acknowledged in His Majesty The King’s annual New Year’s Honours list for 2025. Among the celebrated figures are the Global CEO of Chanel, a past Creative Director of Lancome, and the Director

Manhattan-based Glosslab has filed for Chapter 11 bankruptcy in New York, following struggles to meet rent obligations at several of its 20 locations, leading to multiple closures. Reports by The New York Post indicate that discussions are underway for a

Brands Lose Royal Cachet Under Revised Supplier List King Charles has revised the list of Royal Warrant holders, resulting in several prominent cosmetics brands losing their privileged status. The updated list of suppliers to the Royal Household no longer includes

Unilever has revealed that Rebecca Marmot, the current Chief Sustainability Officer, will expand her responsibilities following the exit of Paul Matthews. Matthews previously served as the Global Head of Communications and Corporate Affairs. Reports from Trellis, supported by an internal

After over two decades in the role, Michael O’Keefe, the long-standing CEO of Aesop, has decided to resign. Although L’Oreal, the brand’s owner, has yet to announce who will fill his position, this marks a significant transition for the company.

Saks Global has successfully concluded its acquisition of Neiman Marcus Group, bringing the total enterprise value to a significant US$2.7 billion. This strategic move involves the integration of Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue, and Saks OFF 5TH under