THE WHAT? Chanel is moderating its aggressive pricing technique amid a 4.3% decline in world gross sales, with its magnificence and perfume divisions experiencing uneven efficiency throughout key markets. THE DETAILS In 2024, Chanel’s whole revenues fell to US$18.7 billion, accompanied by a 30% drop in working revenue to US$4.5 billion. The Asia-Pacific area, a […]
THE WHAT? Kenvue posted a 3.9% decline in web gross sales for Q1 2025, with overseas change and tariff-related prices impacting outcomes and prompting a revised full-year outlook. THE DETAILS For the quarter ending March 30, 2025, Kenvue reported web gross sales of US$3.9 billion, down 3.9% year-over-year, pushed by a 1.2% drop in natural […]
The funding comes at a time when many early-stage magnificence corporations face tightening capital and broader pullbacks in DEI-related initiatives, together with the Trump administration’s rollbacks earlier this yr. “With this milestone, founder and CEO Tisha Thompson joins the 2 % of solely female-founded startups who’ve efficiently raised funding,” the PR continued. CosmeticsDesign spoke to […]