THE WHAT? Coupang reported a 97% drop in fourth-quarter working earnings after a serious information breach and mounting regulatory scrutiny in South Korea. THE DETAILS The New York-listed e-commerce group posted This fall 2025 working earnings of US$8 million, down from US$312 million a 12 months earlier. It recorded a internet lack of US$26 million, […]
The South Korean firm’s monetary outcomes had been introduced on 31 July. In Q2 2025, it recorded general gross sales of KRW1.60tn (USD1.14bn) and working revenue of KRW54.8billion (USD39m), marking a lower of 8.8% and 65.4% respectively, in comparison with the identical interval final yr. For its magnificence division, gross sales in Q2 2025 decreased […]
THE WHAT? Walmart Inc. shares dropped after the retailer reported a uncommon quarterly revenue miss, its first in three years, citing increased insurance coverage claims, authorized costs, and restructuring prices. THE DETAILS Second-quarter adjusted earnings per share got here in at US$0.68, six cents under Wall Avenue expectations, sending shares down as a lot as […]
Brazilian cosmetics maker Natura posted on Monday, August 11, a second quarter web revenue of BRL 195.1 million (USD 36.1 million), marking its return into the black after a number of quarters into the purple. In the identical interval final 12 months, the corporate recorded a lack of R$122.7 million. “These optimistic outcomes replicate the […]
THE WHAT? ​​Amorepacific reported a pointy 92.9% drop in second-quarter web revenue to 37.6 billion received (US$26.9 million), largely as a consequence of a base impact from final 12 months’s one-time positive aspects linked to its COSRX acquisition. THE DETAILS South Korea’s main cosmetics firm posted web revenue of 37.6 billion received for the quarter […]
French luxurious group LVMH (Louis Vuitton, Dior, Celine, Moët Hennessy) noticed web revenue plummet 22 % within the first half of 2025, the corporate introduced Thursday, June 25, blaming the plunge on an “unsettled financial and geopolitical” backdrop. Cosmetics and selective distribution step in to avoid wasting the day Although gross sales fell 4 % […]
THE WHAT? Â PZ Cussons has agreed to promote its 50% fairness stake in Nigerian three way partnership PZ Wilmar to Wilmar Worldwide for US$70 million, with the transaction anticipated to finish within the ultimate quarter of 2025, topic to regulatory approvals. Internet proceeds after taxes and charges are anticipated to be roughly US$64 million. The […]
THE WHAT? Indian magnificence powerhouse Nykaa has reported a fourth-quarter revenue surge, with consolidated internet revenue hitting 202.8 million rupees (US$2.4 million), almost triple the determine from a 12 months earlier. The bounce comes on the again of hovering demand for premium magnificence merchandise, together with worldwide heavyweights like Estée Lauder and Rihanna’s Fenty Magnificence, […]
Menopause—and by extension, perimenopause—is massive enterprise. In 2024, the worldwide marketplace for menopause-related merchandise was valued at roughly $17.6 billion, and it’s projected to develop to $24.4 billion by 2030. The drivers of this market are fairly easy: By 2025, round 1 billion girls will probably be postmenopausal, in line with the North American Menopause […]
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 […]
