Beiersdorf buys sustainable skincare brand; L'Oréal's sales growth in 2019 breaks another record; Estée Lauder delivers double-digit growth in Q2; and Roger & Gallet on the block.
US consumer packaging giant buys Albea's dispensing business for US$900 million; LVMH perfume and cosmetics surge 12 per cent to fuel record results; Unilever's prestige beauty business on track to reach US$1 billion; and Inter Parfums exceeds US$700 million milestone for 2019.
Helen of Troy acquires Drybar business for US$255 Million; UK fashion stalwart Ted Baker enters the beauty market; major growth in all regions lifts full year results for Beiersdorf; and premium cosmetic market to reach US$199 billion by 2025.
L Catterton-backed Intercos enters US$388 million financing agreement; L'Oréal Paris to debut 100 SKU Age Perfect Makeup Collection for the over-50s; November retail sales surge on back of Black Friday Bonanza; and refillables: Hermès and L'Occitane tap into the growing trend.
Beauty tech grabs headlines at world's largest consumer technology show; leading Italian investment firm buys 20 per cent stake in Santa Maria Novella; halal beauty and personal care sales to reach US$54 billion; and L'Oréal to ramp up international expansion of US luxury brands with new global president.