The latest news
Warpaint London delivers buoyant trading update
Beauty specialist Warpaint London delivered a pleasing trading update on Friday and said that its strong performance last year has continued during Q1.
Eurofragance grew by 21% in 2022 to 113 million euros
The Spanish company recorded an increase in sales that exceeded its forecasts in all the categories and regions in which it operates. The company expects to have a "successful first quarter" in 2023.
Sephora at Kohl’s to open 250 locations in 2023
Kohl’s announced on Wednesday plans to open 250 full-sized Sephora stores, as part of the Sephora at Kohl’s experience in 2023.
V&A releases details of and early tickets for first UK Coco Chanel exhibition
The V&A on Thursday released a limited number of tickets for the first UK exhibition dedicated to the work of Gabrielle ‘Coco’ Chanel. Called Gabrielle Chanel. Fashion Manifesto, it opens In September.
Parfums Christian Dior names Philippe Farnier global executive vice-president
The LVMH luxury group has announced the appointment of Philippe Farnier to the position of global executive vice-president of Parfums Christian Dior.
Puig annual revenues up 40% in 2022 to €3.6 billion
Annual revenues at Puig, the diversified Spanish fragrance, beauty and fashion group grew by a whopping 40% in 2022 to €3.620 billion, as the company accelerated out of the pandemic.
Micro-influencers and K-Pop stars are key to beauty brands - report
The strong appeal of K-Pop stars and the authenticity of micro-influencers were vital to the marketing efforts of beauty brands in the second half of 2022, a new report from Launchmetrics has shown.
Sylvie Moreau on Sephora's UK opening and its ambitions for the new market
Following the opening of the new London Sephora store, the first in the UK, on March 8, FashionNetwork.com spoke to Sylvie Moreau, president Europe and Middle East of the LVMH perfume chain.
Acqua di Parma appoints Giulio Bergamaschi as CEO
The Italian perfumer of the LVMH group has appointed Giulio Bergamaschi, who has almost twenty years of experience in the beauty industry as its new CEO. He succeeds Laura Burdese.
Analysis: as John Lewis mulls ownership tweak, why is it lagging rival M&S?
Not so many years ago, John Lewis was unstoppable while M&S was in an endless turnaround phase. Today, the situation has reversed and John Lewis is even reportedly thinking of changing its prized ownership structure.
Revlon to emerge from bankruptcy in April, 2022 earnings take a dive
U.S. cosmetics giant Revlon Inc. revealed net sales for the year ended December 31 dropped 4.7% to $2.98 billion, as the bankrupt company swung to even wider losses in 2022.
Sway, Zerocircle, Notpla win Tom Ford Plastic Innovation Prize
The Tom Ford Plastic Innovation Prize winners were announced earlier this month at the Green Carpet Fashion Awards (GCFA).
John Lewis losses grow, launches bigger costs-savings drive
When a results release starts with a message to the staff talking about “another very tough year”, you know it’s not going to be good and so it was with John Lewis Partnership on Thursday.
Coty lifts full-year guidance
Global beauty company Coty Inc. announced on Wednesday an update on its financial progress and guidance for fiscal 2023, as well as future growth opportunities.
John Lewis names non-exec Nish Kankiwala to new CEO role
It’s a big news week for John Lewis with its results due Thursday and a new concept store layout unveiled Tuesday. And Wednesday? Just the small matter of a new CEO.
Body Shop and Aesop owner Natura highlights sales progress, despite overall falls
The Brazilian beauty giant that owns The Body Shop, Aesop and Avon, talked of “a resilient performance” in Q4 with sales growth in constant currency. But sales still fell on a reported basis and it made a net loss.