Daniela Morosini

The European fragrance licensee beat analyst expectations in its third-quarter earnings, with sales lifting to $425 million.

The influencer-favourite brand seemed on rocket-like trajectory in the 2010s, culminating in a reported $3 billion valuation in 2018. But trends have shifted, sales have slid, debt has mounted and its main investor, the private equity firm TPG Capital, is ready to move on.

L'Oréal's dermatological beauty division is usually a blockbuster, but the impact of increased competition and the decline of drugstore distributors on its recent earnings show the company can't rest on its laurels.

Despite local pullback from premium brands, cult fragrance maker Perfumer H has big plans for the region. First up, a Shanghai mega-store, slated to open early next year.

According to The Wall Street Journal, de la Faverie, a longtime Lauder executive with close ties to its founding family, has been selected to succeed Fabrizio Freda.

The longtime Lauder executive, who will take the top job on Jan. 1, 2025, will be tasked with strengthening the company's weak post-pandemic recovery.

From cutting costs, rebuilding brand equity and right-sizing its exposure to volatile markets, incoming chief executive Stéphane de La Faverie has a lot to accomplish if he wants to reassure investors that the company's best days are still to come.

Mass retailers like Target and Walmart have invested heavily in their beauty offerings, attracting a fresh crop of indie brands – as well as increasing their overall basket size. For brands wanting a slice of the action, scaling up is necessary.

Sorbie was one of the British hairdressing industry's most recognisable names, having created some of the ‘80s and ‘70s most iconic looks.

The L’Oréal-owned skincare line grew its sales almost five times between 2017 and 2021, riding a wave of enthusiasm for straightforward, affordable, expert-approved skincare, and becoming an industry-shaping force in beauty. Other mass brands are hoping for their moment in the spotlight.