Beauty news and archive

L’Oréal snaps up Korean skincare brand, Dr.G

Beauty conglomerate L’Oréal has acquired a subsidiary of Swiss retail group Migros, which includes Korean skincare brand, Dr.G. The deal involves all assets under Migros’ Gowoonsesang Cosmetics Co, Ltd. subsidiary, and will see Dr.G ultimately added to L’Oréal Groupe’s Consumer Products Division (CPD). This category intends to meet the rising...

Business

The Body Shop ‘back for good’ as profits reportedly rise

The new owners of The Body Shop have said that the once flailing cosmetics retailer was “back for good” as it reportedly garnered a profit over its initial three months under new leadership. The company was bought out of administration in September by an investor consortium led by Mike Jatania’s Aurea Group, which has since been leading the...

Retail|Beauty

Boots reveal biggest beauty trends of 2024

K-beauty, blusher, hyaluronic acid and bespoke haircare are among the most in-demand products across beauty and wellness in 2024, according to British retailer Boots. As the UK’s leading health and beauty retailer, Boots stocks more than 600 healthcare brands and over 500 beauty brands, and it has analysed search and sales data from across the...

Business

Puig fails to meet targets and delays the purchase of Charlotte Tilbury

Is Puig failing to meet the objectives it set for its IPO? It seems that, at this moment, this could be the case. The Spanish multinational fashion and beauty company announced it was delaying its acquisition of a minority stake in the cosmetics firm, Charlotte Tilbury, which is to remain in the hands of its founder until 2031. This new deadline...

Business

Douglas Group posts strong full year trading results

European omnichannel beauty player Douglas Group recorded sales growth of 8.7 percent to 4.45 billion euros for FY23/24 with store sales up 8.2 percent or 7.5 percent like-for-like and ecommerce up 9.8 percent or 12.1 percent LFL. Adjusted EBITDA for the year amounted to 808.6 million euros – an increase of 11.4 percent, corresponding to an...

Business|Beauty Featured

Puig and Charlotte Tilbury extend partnership

Spanish fashion and beauty group Puig has announced an extension of its strategic partnership with British cosmetics and fragrance brand Charlotte Tilbury. Puig, which acquired a majority stake in Charlotte Tilbury Limited in 2020, said that under the terms of the renewed partnership, Charlotte Tilbury will retain a minority stake in her...

People

BeautyHealth appoints Stephen Fanning to its board of directors

The Beauty Health Company, home to flagship brand Hydrafacial, has announced the appointment of medical aesthetics veteran, Stephen J. Fanning, to its board of directors, effective as of December 12, 2024. Fanning, the company said in a release, brings decades of global medical aesthetics experience, including serving as Hydrafacial’s chairman...

Business|Beauty

Sephora names 2025 Accelerate brands

Sephora North America has selected eight BIPOC (Black, Indigenous, and People of Colour) brands for its 2025 Accelerate programme, which is designed to nurture and propel emerging beauty brands. The 2025 edition marks a decade of Sephora championing emerging talent and continues to be a vital launchpad for BIPOC-founded and -owned businesses,...

Business|Beauty Featured

Bic acquires UK hairbrush brand Tangle Teezer

Bic, the consumer goods giant that owns stationery, lighters, and shavers, has acquired British hairbrush brand Tangle Teezer for 200 million euros from its private equity owner, Mayfair Equity Partners. Tangle Teezer, based in London, launched in 2007, billed as the “world’s first expertly designed detangling tool,” with its uniquely patented...

Retail|Beauty

Charlotte Tilbury to “significantly” upsize Covent Garden store

Beauty brand Charlotte Tilbury has confirmed it will “significantly” upsize its flagship store in Covent Garden, London, following what it calls “stellar success” at the location. In a statement, Charlotte Tilbury said it would be relocating from its neighbourhood boutique to a larger, more prominent anchor unit on the corner of the Royal Opera...

Fashion|In Pictures Featured

Christmas displays from around the world

With Christmas fast approaching, FashionUnited has rounded up the best of this year’s festive displays, from Sir Paul Smith’s takeover at Claridge’s in London to Selfridges maximalist take on the holiday season, Saks Fifth Avenue’s dazzling 100th-anniversary showcase in New York, Fenwick’s 12 Days of Christmas in Newcastle, Dior’s showstopping...

Business|Beauty Featured

Violette_FR secures Series B funding to fuel expansion

Clean beauty brand Violette_FR, known for its skincare and cosmetics, has completed a Series B funding round led by New York-based emerging growth equity firm Silas Capital to drive its next phase of growth with a focus on global expansion, product innovation, and digital enhancement. The funding round was also supported by Paris-based...