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...
21 May 2025
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...
20 May 2025
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...
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...
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...
14 May 2025
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...
8 May 2025
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...
2 May 2025
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...
29 Apr 2025
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....
Beauty giant Coty has confirmed that the next phase of its ongoing transformation programme will impact approximately 700 positions as it looks to continue simplifying its fixed cost structure. The exact roles affected were not disclosed in the press release. The initiative builds on the company’s long-running ‘All-in to Win’ programme, first...
25 Apr 2025
Beauty company Revlon has appointed Dana Medema as president of North America, effective May 5, 2025. She will report directly to chief executive officer Michelle Peluso. Medema most recently served as senior vice president and head of personal health – North America at Philips. Geralyn Breig, who joined Revlon in 2023 to lead the region’s...
21 Apr 2025
A new pan-European analysis from beauty brand Catrice has cast a data-driven spotlight on the shifting intersection of fashion, beauty, and wellness across the continent — with London emerging as Europe’s definitive style capital, combining a high density of beauty services, wellness interest, and social media clout. The study, which evaluated...
7 Apr 2025