Beauty news and archive

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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Business

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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Business

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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Business

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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Business

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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Business

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,...

People

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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Business

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...