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Aesthetics

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Revolution Beauty growth continues, sees expansion opportunities globally

Revolution Beauty growth continues, sees expansion opportunities globally

​Revolution Beauty only listed on the stock exchange in the summer and its first set of results as a public company released on Wednesday showed that its pre-IPO strong performance is continuing.
Beauty
Glossier opens in Los Angeles, London store next

Glossier opens in Los Angeles, London store next

Digital-first beauty brand Glossier has officially opened a new store in Los Angeles, on Melrose Avenue, marking the brand’s second retail location.
Beauty
Estée Lauder names new N America, Asia leaders, "elevates" China ops

Estée Lauder names new N America, Asia leaders, "elevates" China ops

Estée Lauder had some big executive announcements this week spanning its domestic US market and Asia/Pacific. But perhaps the most interesting part of the news was the fact that it’s “elevating” its Chinese market.
Beauty
Coty forecasts sales growth for years ahead as beauty industry rebounds

Coty forecasts sales growth for years ahead as beauty industry rebounds

Coty Inc on Thursday forecast revenue growth for the next several years, after a long streak of declines, as it benefits from improving U.S. and China beauty markets and a sales rebound in airport duty-free stores. 
Beauty
Coty poaches new chief scientific officer from Shiseido

Coty poaches new chief scientific officer from Shiseido

The current senior vice president of Shiseido’s Americas Innovation Center, Dr. Shimei Fan, will join U.S.-based cosmetics giant Coty as its chief scientific officer on January 3, 2022.
Beauty
Harry Styles launches Pleasing beauty brand

Harry Styles launches Pleasing beauty brand

​Harry Styles has this week launched a beauty brand — called Pleasing — the label debuting with just a few products. For now it features vegan/clean beauty unisex nail products and skincare. 
Beauty
E.L.F. Beauty eliminates 1 million pounds of packaging materials

E.L.F. Beauty eliminates 1 million pounds of packaging materials

Oakland, California-based cosmetics company E.L.F. Beauty announced on Monday that it has eliminated more than one million pounds of packaging materials through its Project Unicorn initiative.
Beauty
Prestige beauty makes a comeback as UK shoppers return to stores, fragrance booms

Prestige beauty makes a comeback as UK shoppers return to stores, fragrance booms

Prestige beauty was battered badly by the pandemic but the segment is on the comeback trail as shoppers return to physical stores and the renewal of social life/office working means more demand for key categories.
Beauty
Sally Beauty posts 10% sales growth in fiscal 2021

Sally Beauty posts 10% sales growth in fiscal 2021

The Denton, Texas-based professional hair and beauty supply company announced net sales of $3.87 billion in its fiscal year 2021, which ended September 30, an increase of 10.3% from $3.51 billion in the previous year.
Beauty
Indian beauty firm Nykaa makes glowing debut with $14 billion valuation

Indian beauty firm Nykaa makes glowing debut with $14 billion valuation

Indian cosmetics-to-fashion platform Nykaa surged 96% in a blockbuster debut on Wednesday, fetching the country's first women-led unicorn a valuation of nearly $14 billion.
Beauty
MAV Beauty Brands dives into loss in Q3

MAV Beauty Brands dives into loss in Q3

The Vaughan, Ontario-based personal care group reported a net loss of $103.1 million, or $2.81 per share, in the third quarter ended September 30, 2021, as goodwill impairment compounded the effect of stumbling sales.
Beauty
Flannels' new Southampton store includes first-time Beauty Edit

Flannels' new Southampton store includes first-time Beauty Edit

​The store opening programme for Frasers Group’s luxury chain Flannels is showing no signs of slowing down with the latest new store being in Southampton and also having extra beauty interest.
Luxury
Sellers of stilettos, lipstick and clothing see a holiday with scarce inventory and spiking costs

Sellers of stilettos, lipstick and clothing see a holiday with scarce inventory and spiking costs

Retailers are launching holiday marketing campaigns to lure in-store shoppers as supply chain issues boost costs for consumers.  
Fashion
Duty-free demand, cost cuts drive Coty's rosy forecast

Duty-free demand, cost cuts drive Coty's rosy forecast

Coty forecast annual earnings largely above estimates on Monday, as the cosmetics maker benefits from cost cuts to ward off inflation impacts and a revival in demand for its products at airport duty-free stores.
Beauty
Revlon reports widened loss in third quarter

Revlon reports widened loss in third quarter

The New York-based beauty conglomerate’s net loss was $53.1 million in the third quarter ended September 30, 2021, widening from a loss of $44.5 million in the prior-year period.
Beauty
E.L.F. sales jump 27% in Q2, raises full-year guidance

E.L.F. sales jump 27% in Q2, raises full-year guidance

Oakland, California-based cosmetics company E.L.F. Beauty announced second-quarter net sales on Wednesday of $91.9 million, up 27 percent. 
Beauty