Cosmetics Business

24/03/2025

Kim Karshadian’s shapewear company Skims has acquired the entrepreneur’s beauty label SKKN by Kim from Coty as part of a larger brand consolidation.

The apparel brand has bought the beauty giant’s 20% minority stake in the cosmetics line as well as Kardashian’s 80% majority stake.

Coty and Kardashian are parting ways, with the entrepreneur’s shapewear brand now housing all of her clothing and beauty businesses under one umbrella

17/03/2025

Charlotte Tilbury, the MUA entrepreneur behind her eponymous make-up and skin care brand, has topped The Sunday Times Rich List for beauty.

The publication’s first round-up of Britain’s 30 wealthiest beauty entrepreneurs is led by Tilbury, who boasts an estimated fortune of £350m.

Trinny Woodall, Jo Malone and ​​John Frieda also made the publication’s inaugural list of Britain’s wealthiest beauty entrepreneurs, as well as Lush’s co-founders

12/03/2025

Henkel is forecasting a slower than expected start to 2025 due to subdued consumer spending and a challenging industrial environment in some markets, particularly in North America.

The Schwarzkopf and got2b owner said it expects organic sales growth of between 1.5% and 3.5% in 2025, “despite a business environment that remains challenging”, with stronger growth expected to be weighted to the second half of the year.

Product launches and sales for the German consumer goods company are expected to come in the second half of the year amid a ‘challenging’ environment

12/03/2025

Space NK is marking National Fragrance Week 2025 in the UK (17-25 March) with an immersive pop-up in London’s Soho.

Called the Space NK Fragrance Library, the British premium beauty retailer’s activation will run from 21-23 March at the capital’s The Vinyl Factory location.

The premium beauty retailer’s National Fragrance Week activation will feature workshops ranging from dried flower arranging to a cocktail masterclass

03/03/2025

L’Oréal Groupe has cut the ribbon on its new North America Research & Innovation Center.

Located in Clark, New Jersey, the US$160m scientific research hub is L’Oreal’s largest outside of France at nearly 250,000sqft.

The new R&I Center is the group’s largest outside of France and employs more than 600 individuals

24/02/2025

Chanel has introduced a new verification e-logo for online partners authorised to distribute its beauty products to help tackle counterfeiting.

The luxury French house said the digital certification will enable beauty shoppers to verify whether its cosmetics and fragrances are being sold through official channels.

The luxury house said the digital verification symbol will highlight to consumers the official channels allowed to sell its cosmetics and fragrances

17/02/2025

CeraVe has created a new hair care campaign aimed at destigmatising dandruff.

The ‘Head of CeraVe' campaign features social media and Broadway star Charli D'Amelio, NBA Mavericks player Anthony Davis and UCONN basketball player Paige Bueckers.

The ‘Head of CeraVe’ campaign stars dancer Charli D'Amelio, NBA Mavericks player Anthony Davis and UCONN basketball player Paige Bueckers

03/02/2025

The Ordinary has taken to social media to announce 2025 price adjustments in two markets – Korea and Mexico.

The Deciem-owned company said the change is part of its ongoing commitment to “sensible pricing”, managing its costs “in order to keep skin care accessible to as many people as possible”.

The Deciem-owned beauty brand has decreased the price of eight products in Mexico, while it plans to ‘align’ its prices in Korea with other global markets

02/02/2025

Estée Lauder has announced the return of model and anti-ageism activist Paulina Porizkova to its global ambassador roster.

The 59-year-old actor previously served as a spokesmodel for the luxury beauty brand from 1988 to 1995, appearing in some of its “most celebrated” campaigns.

The 59-year-old model, who previously served as a face of the brand from 1988 to 1995, will front new skin care and make-up campaigns this year

20/01/2025

Estée Lauder Companies (ELC) has signed a deal to bolster its ‘smart fragrance’ credentials.

The Jo Malone London and Tom Ford owner has entered into an exclusive commercial agreement with fragrance delivery system pioneer Exuud.

Exuud’s Soliqaire delivery system uses biodegradable beads to absorb and release fragrance

06/01/2025

L'Oréal Groupe has unveiled a device it claims will help demystify skin care for consumers, providing a personalised skin analysis “in just five minutes”.

Cell BioPrint is said to give users a breakdown of how their skin is ageing and which cosmetic ingredients they are more responsive to using advanced proteomics – the study of how protein composition in the human body affects skin ageing.

The group’s Cell BioPrint device claims to tell users exactly what their complexion needs in ‘just five minutes’ using advanced proteomics to understand skin's biology

23/12/2024

With ‘mob wife’ and ‘Brat’ having dominated this year’s beauty columns, it is good to remind ourselves that there are still trends emerging right now as we exit 2024.

Bearing this in mind, Cosmetics Business’ editorial team is sharing the trends and ingredients we think will be sticking around well into 2025.

Click the link below to read our predictions.

From exosomes to cherry mania, Cosmetics Business editors pick our top five trends poised to be bigger and better than ever next year

19/12/2024

The fragrance industry is set for growth in 2025, with the global market expected to reach US$68.9bn, according to the latest trend report by The Fragrance Shop and CPL Aromas.

The year in fragrance according to the report was driven by TikTok, innovation in personalisation, and a growing demand for sustainability.

A report curated by The Fragrance Shop and CPL Aromas also said to expect the rise of technology and personalisation in fragrance in the new year

16/12/2024

Matilda Djerf, the 27-year-old influencer behind the fashion and beauty brand Djerf Avenue, is under intense scrutiny following allegations of workplace bullying and toxic leadership.

The claims, made by former and current employees, paint a stark contrast to the brand’s ethos of inclusivity and empowerment, leading to widespread backlash and calls for accountability.

The influencer and brand owner is facing allegations of bullying, creating toxic workplace environments and fat-phobia

09/12/2024

Puig, the Barcelona-headquartered beauty conglomerate, has seen shares dip following recalls of a Charlotte Tilbury setting spray.

Puig’s share price on 6 December dropped to €18.99 following the 5 December recall notification, down from €20.12 at the beginning of last week.

The Barcelona-based conglomerate is the latest company to voluntarily withdraw product batches for quality issues

02/12/2024

Shiseido stocks have crashed to an eight-year low after the Japanese beauty giant’s plan to offset slow sales in China was met with lukewarm reception.

Shares in the Tokyo-headquartered business fell by 8.4% in early trading, with investors underwhelmed by the brand owner’s recovery plan for the Chinese market.

The brand owner has been hit hard by a slump in consumer sales in China, which is the company’s largest market beyond Japan

25/11/2024

Unilever is investing €100m to scale up its fragrance design and creation capabilities in-house.

The British consumer goods company said the move will give it greater control of the design and refinement of its fragrances, providing the business with the “agility to identify and respond to fragrance trends”.

The consumer goods company is scaling up its scent design capabilities and recruiting expert perfumers to drive forward its ‘brand superiority’

07/10/2024

Mytheresa has bought premium online retailer Yoox Net-a-Porter (YNAP) from Richemont.

Under the deal, Swiss luxury group Richemont will sell 100% of the share capital of YNAP for a €555m cash sum and a 33% stake in Mytheresa.