Beauty news and archive

Revolution Beauty receives preliminary takeover offer amid business review

Revolution Beauty has confirmed that it has received a preliminary offer for its entire issued and to be issued share capital. The proposal comes amid a review of its funding structure which began earlier in May when it announced that its key shareholders had backed an equity raise. The British beauty brand has now enacted a formal sale process,...

Retail

Byredo expands beyond London with Victoria Leeds flagship

Moving away from the typical London-centric trajectory of luxury beauty, Swedish fragrance house Byredo is preparing to open its first standalone store outside the capital — a 2,154-square-foot boutique in the heart of Victoria Leeds. This move marks a geographic milestone for the cult label, but also reflects the broader rise of niche beauty in...

Fashion|Beauty

Palm Angels to launch fragrance line with Revlon

Luxury streetwear brand Palm Angels, which was acquired by brand management company Bluestar Alliance in February 2025, will launch its debut fragrance in 2027, after signing a licensing deal with beauty conglomerate Revlon. In a statement, Palm Angels said it has signed a long-term fragrance licensing agreement with Revlon to develop a...

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Business

Chanel charts a new course amid luxury sector slowdown

Chanel, long seen as a bellwether of the global luxury market, reported a 4.5 per cent decline in sales for 2024, falling to 18.7bn dollars, as economic pressures and shifting consumer behaviour weighed on the industry. Operating profit fell more sharply, down 28.2 per cent to 4.5bn dollars, according to results released on Tuesday. The downturn...

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Business|Beauty

Unilever to invest 80 million pounds in new fragrance facility

British fast-moving consumer goods giant Unilever is investing 80 million pounds to build in-house fragrance capabilities in the UK, including plans for a new state-of-the-art fragrance facility near Liverpool to develop “leading-edge digital capabilities and to recruit and partner for the very best fragrance talent and expertise”. Plans for the...

People

Daniel Heaf succeeds Gina Boswell as Bath & Body Works CEO

Bath & Body Works has appointed Daniel Heaf as its new chief executive officer. Heaf's background includes senior leadership roles at Nike and Burberry, where he drove significant growth and innovation. Previous CEO Gina Boswell has stepped down from her role and as a member of the Bath & Body Works board, effective immediately. “Through a...

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Business

Superdrug launches 60 fashion brands via online marketplace

Superdrug is expanding into the realm of fashion. The health and beauty retailer has introduced 60 fashion brands to its online marketplace, diversifying its shopping experience and complementing its existing range. Among the brands debuted are that of Wrangler, Pink Vanilla, Jack & Jones and Nike, while categories span men, women and children,...

People

Nicola Formichetti appointed Global Creative Director at MAC Cosmetics

Nicola Formichetti has been appointed Global Creative Director at MAC Cosmetics, effective May 19, 2025, ushering in a “new era” for the iconic beauty brand. A renowned creative director, fashion editor, and designer, Formichetti is set to bring his “visionary artistry, genre-defying creativity, and consumer-first mindset” to his new role at MAC...

People|Beauty

L’Oréal appoints first-ever chief innovation and prospective officer

Beauty company L’Oréal has appointed Delphine Viguier-Hovasse to the newly created position of chief innovation and prospective officer to strengthen the group’s innovation leadership. Viguier-Hovasse, a trained engineer, joined L’Oréal back in 1997 and currently serves as global brand president of L’Oréal Paris. She will take up her new role on...

Fashion|Beauty

Juicy Couture renews fragrance license with Revlon

Fashion and lifestyle brand Juicy Couture, part of the Authentic Brands Group portfolio, has renewed its long-standing global licensing deal with Revlon Consumer Products LLC. The renewal will see the US beauty company continuing to produce and market all Juicy Couture fragrance pillars worldwide. The new agreement also supports an expanded...

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Business

Despite 2024 struggles, THG CEO optimistic after Ingenuity demerger

THG has highlighted a transformative year marked by strategic progress, operational resilience, and balance sheet deleveraging in its preliminary results for the financial year ended December 31, 2024. The company also announced results for the first-quarter of fiscal 2025. Key headlines include FY 2024 pre-demerger revenue of 1.88 billion...

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Business

Puig maintains outlook after opening year with sales increase of 7.8 percent

Madrid – Even with a blackout and unprecedented problems in communications networks in the history of Spain, the fashion and beauty multinational Puig responded to its scheduled meeting with investors. As planned, it presented the sales figures recorded during the first quarter of its new fiscal year of 2025 on Monday, after the markets closed....