As shoppers demand greater than surface-level illustration, notably within the retail and leisure areas, cultural intelligence is rising as an important issue within the magnificence trade. In keeping with a 2023 McKinsey report, Black shoppers within the U.S. spend $6.6 billion yearly on magnificence merchandise, but they continue to be underserved by many mainstream manufacturers. […]
THE WHAT? Oddity has introduced its outcomes for the fourth quarter and full yr ended December 31, 2024. The tech agency noticed full yr gross sales soar 27 % to US$647 million, whereas adjusted EBITDA of US$150 million, up 40 % yoy. THE DETAILS The tech agency mentioned that it hopes to extend internet income […]
Spain’s luxurious and cosmetics group Puig, which owns manufacturers equivalent to Charlotte Tilbury, Nina Ricci, Penhaligon’s, Rabanne and Jean-Paul Gaultier, posted a pointy enhance in earnings in 2024 because of the dynamism of its gross sales, significantly within the fragrance sector. The corporate, which went public in early Might, posted a web revenue of 531 […]
BYOMA Phyto-Mucin Glow Serum: A brand new period of pores and skin barrier restore BYOMA has launched its first-ever true pores and skin barrier restore serum, the Phyto-Mucin Glow Serum, designed to strengthen and hydrate the pores and skin. This modern system replaces conventional snail mucin with a plant-based Phytomucin derived from Japanese roots and […]
THE WHAT? Beiersdorf has introduced its outcomes for fiscal 2024. The group reported gross sales of €9.9 billion – an all-time excessive – up 6.5 % on the prior yr in natural phrases. The producer of Nivea mentioned that its Client unit was the principle gross sales driver with €8.2 billion in gross sales, an […]
Rhode launched a brand new lip pencil known as the Peptide Lip Form – The Contouring Lip Shaper ($24 every). I cherished the teasers and as an enormous fan of neutrals I used to be very excited to strive these. I shared a try-on in motion right here and I used to be actually shocked […]
The multi-category magnificence model based by French make-up artist Violette Serrat introduced its upcoming debut at Sephora. The model will likely be featured in over 190 Sephora shops throughout North America — each in devoted gondolas and the retailer’s “Subsequent Huge Factor” part. The rollout will start on February 28, 2025, with the Canadian launch […]
Welcome again to this month’s version of Authorized Lens, the place we discover all issues authorized and regulatory affecting the non-public care merchandise trade. Final month, we kicked off a sequence of articles doing a deep dive into wellness claims–what wellness means, in all its type; how wellness got here to dominate the way in […]
THE WHAT? Yatsen has introduced its outcomes for the ultimate quarter and full 12 months fiscal 2024. The Chinese language cosmetics large mentioned that revenues elevated 7.1 p.c to RMB1.15 billion within the three months ended December 31, 2024 bringing FY revenues to RMB3.39 billion, down 0.6 p.c on the prior 12 months. THE DETAILS […]
Lastly! A sunny week. 🌞 That is such a good time of 12 months within the Bay Space. It’s nonetheless a bit wintry, however we often get a couple of weeks in late February which might be ridiculously excellent. Sunny and crisp with highs within the higher 60s to low 70s. We’ve gotten extra rain […]