Beauty news and archive

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 ‘...

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Business

What impact will the sale of Kering's beauty division have on Armani?

The sale of Kering's beauty division to L'Oréal has called into question the potential acquisition of a stake in the Armani Group by the French beauty giant. Concern as to the future of L'Oréal's relationship with Armani has been raised by the media, which has speculated whether the brand's heirs may be forced to seek a different future home for...

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Kering shares jump on sale of beauty division to L'Oreal

The share price of Kering, the French luxury group that owns Gucci and other brands, jumped sharply Monday after it announced the $4.6 billion sale of its beauty products division to L'Oreal. Its shares soared more than five percent at the opening of Paris trading, following its announcement Sunday of the deal that would also give L'Oreal...

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Kering sells its beauty division to L'Oréal to boost recovery

French luxury group Kering, which has been struggling for several years, is selling its beauty division to fellow French company L'Oréal for four billion euros. This move is expected to help reduce its debt and continue its recovery. The news was first reported on Saturday by the Wall Street Journal. Kering is selling its beauty division,...

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Zalando: New head of beauty comes from L'Oréal

Zalando is set to accelerate its growth in the beauty segment and has brought in an expert from L'Oréal. Thomas Schwulera is taking on the role of vice president beauty at the Berlin-based online retailer, Zalando announced on Wednesday. He will be responsible for the entire strategy in this division, where the company recorded double-digit...

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JP Morgan cuts Puig's share value to 12.50 euros, hitting a new stock market low

Madrid – Shares for the Spanish fashion and beauty group Puig hit a new all-time low during trading on Thursday, October 9, plummeting by 6.70 percent. This sharp decline was triggered by a major shift in stance from US investment bank JP Morgan, which reportedly cut its valuation of Puig's share price by 50 percent. The bank drastically lowered...

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Retail|Interview

Liberty London celebrates 150 years while asking itself, “How do we be relevant forever?”

Liberty London is an icon of British retailing, standing apart from all other department stores in the world, as its heritage-listed black-and-white Tudor-revival building offers an intimate and boutique emporium setting, rather than an overwhelming megastore, for some of the biggest names in fashion and beauty. For 2025, Liberty famed for its...

Fashion|In Pictures

Juicy Couture taps Angel Reese as a creative collaborator

LA fashion and lifestyle brand Juicy Couture, part of the Authentic Brands Group portfolio, has tapped two-time WNBA All-Star basketball player Angel Reese as its new global ambassador and creative collaborator. The basketball star, who has been making a significant impact both on and off the court, securing long-term partnerships with brands...

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Fashion|Beauty

Coperni unveils probiotic-infused athleisure

French luxury label Coperni has become known for sharing tech-infused innovations, from a spray-on dress applied live on the catwalk to a robot dog undressing models and even a bag composed of 99 percent air. Now, Coperni is launching an athleisure line incorporating biotech fabrics infused with probiotic ingredients designed to boost radiance,...

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Gap Inc. appoints leadership for beauty and accessories expansion

Gap Inc. is making a strategic push into the beauty and accessories markets, appointing new leadership and engaging industry experts to guide the expansion. The company announced the appointments of Deb Redmond as general manager of beauty and Michele Parsons as general manager of accessories. These new categories are seen as a way for Gap Inc....

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Puig promotes Jose Manuel Albesa to deputy CEO

Madrid – Coinciding with the publication of the results recorded at the close of the first half of 2025, Puig has announced the restructuring of its Executive Committee, with the creation of the new position of deputy CEO. This position has been designated to senior executive, Jose Manuel Albesa. According to the Spanish fashion and beauty...