Business & financial

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People on the Move: Noteworthy employment shifts in Q3 2024

By Cassandra Stern

In Q3 2024, the beauty industry experienced significant leadership changes, including Julie Rosen's departure from Bath & Body Works, Galen C. Smith's appointment as CEO of IPSY, Stephanie Stahl joining Edgewell's Board of Directors,...

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Google loses €2.4bn antitrust case in EU

By Kirsty Doolan

Today, in a landmark case at the European Court of Justice, the world’s most popular search engine has lost its battle against a €2.4bn fine given by EU antitrust regulators seven years ago.

Ulta Q2 FY24 Results © Ca-ssis Getty Images

Ulta Beauty revises FY outlook in response to comparable sales decline

By Cassandra Stern

Ulta Beauty's Q2 fiscal 2024 results show net sales of $2.55 billion, a slight increase from last year, but a 1.2% decline in comparable sales and a 12% drop in operating income highlight the challenges the company faces in a tough retail environment.

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Legal Lens: Navigating cosmetics & personal care regulations

By Kelly Bonner, Associate Attorney at Duane Morris LLP

This monthly CosmeticsDesign column by attorney Kelly Bonner provides essential legal and regulatory updates for cosmetics and personal care product manufacturers and suppliers to help industry professionals stay informed and compliant.

Great Many © agrobacter Getty Images

Great Many secures $3.6m pre-seed to advance hair growth solutions

By Cassandra Stern

Great Many's oversubscribed pre-seed funding round aims to shake up the $8.5 bn global hair restoration market by launching hair growth solutions and telehealth services that address the significant consumer demand for accessible, science-backed...

Avon Chapter 11 © pawel.gaul Getty Images

Avon Products, Inc. files for Chapter 11 bankruptcy

By Cassandra Stern

The filing is intended to address Avon Products, Inc.'s debt and legacy talc liabilities, while ensuring that its international operations, under the ownership of Natura &Co, continue unaffected.

P&G FY 2024 Results © Dragon Claws Getty Images

P&G reports strong FY 2024 results

By Cassandra Stern

P&G 'met or exceeded our going-in plans for organic sales growth, core EPS growth, cash generation and cash returned to shareowners in a challenging economic and geopolitical environment,' in FY 2024, shared P&G Chairman, President,...

Debut BiotechXBeautyLabs © MF3d Getty Images

BiotechXBeautyLabs: A new approach to beauty innovation

By Cassandra Stern

Following the recent news of biotechnology company Debut's sustainable ingredient development partnership with L’Oréal, Debut has announced the launch of its formulation development and contract manufacturing business BiotechXBeautyLabs in an effort...

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Cosmoprof North America 2024: Pre-show overview

By Cassandra Stern

This year's Cosmoprof North America - Las Vegas show will welcome TikTok Shop as a first-time participant to the event's Buyer Program, will showcase Australia and Fiji's inaugral debut in the event's country pavilions, and includes...

People on the Move Q2 2024 © CosmeticsDesign

People on the Move: Notable industry employment updates in Q2 2024

By Cassandra Stern

In the second quarter of 2024, the beauty industry saw a series of noteworthy employment moves, including Shiseido Americas creating a COO role for Dr. Dennis Gross Skincare, Tom Ford Beauty appointing Dexter King as SVP and Global General Manager, and...

What are the new and unexplored categories in beauty?

What are the new and unexplored categories in beauty?

By Kirsty Doolan

Find out by signing up for our free ‘New frontiers: niche opportunities in beauty webinar’ and get exclusive insights from leading industry experts from the comfort of your desk or armchair.

ELC Acquisition DECIEM © Guido Mieth Getty Images

Estée Lauder completes Deciem acquisition for $1.7bn

By Cassandra Stern

The Estée Lauder Companies Inc. has completed its acquisition of Deciem Beauty Group Inc., enhancing its skincare portfolio with the Canadian company's innovative, transparency-focused brands, including its flagship brand, The Ordinary, for a total...

Vanilla Mozi expands to US © Renaud Visage Getty Images

Brand founder Q&A: Australian skin care brand to enter US market

By Cassandra Stern

Launching in the U.S. market with its innovative, natural insect repellent products that combine clean beauty with effective outdoor protection, Vanilla Mozi will offer US consumers a sustainable and chemical-free alternative to conventional options.

IBA Cosmetics Convergence © sarawut burarak Getty Images

Digital symposium recap: IBA Spring Cosmetic Convergence

By Cassandra Stern

Key members of the Independent Beauty Association’s team shared their highlights from the organization’s recent digital symposium, which provided a comprehensive look into the latest regulatory, sustainability, and technological developments impacting...

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