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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
Lush quits social media again, says it's had enough of the harm platforms do

Lush quits social media again, says it's had enough of the harm platforms do

​Natural beauty products brand Lush is turning its back on social media as of 26 November until the various networks “take action to provide a safer environment for users”.
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
Inc Retail moves into grooming with King Street launch

Inc Retail moves into grooming with King Street launch

​Manchester’s Inc Retail has added a new business to its group as it launches King Street Grooming, “the region’s first, all-in-one grooming venue encompassing traditional barbering and male-only face & body treatments”.
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
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
Unilever warning suggests inflation looming for beauty products

Unilever warning suggests inflation looming for beauty products

​After releasing its Q3 results, the boss of consumer products giant Unilever has issued a warning that suggests beauty and personal care prices are set to rise.
Beauty
Unilever sales rise as pricing power kicks in

Unilever sales rise as pricing power kicks in

​Consumer goods mega-giant Unilever had good news Thursday as it beat Q3 growth predictions and kept to its full-year profit margin guidance due to its brand power enabling it to hike prices to cope with rising costs. 
Beauty
Harrods and Printemps owner in talks to buy Selfridges

Harrods and Printemps owner in talks to buy Selfridges

​Could London's two top luxury department stores end up with the same owner? That's the question being asked on Monday as it has emerged that the owner of Harrods is possibly front-runner to buy up-for-sale Selfridges.
Luxury
The Egyptian modelling agency 'decolonising beauty standards'

The Egyptian modelling agency 'decolonising beauty standards'

Between the frenzied rush of wardrobe changes and photographers readying for shoots, Iman Eldeeb's agency is slowly breaking new ground for Egypt's fashion scene by hiring a diverse line-up of models.
Fashion
Boots bounces back as parent company WBA reports strong results

Boots bounces back as parent company WBA reports strong results

​Multinational health and beauty retailer Walgreens Boots Alliance (WBA) has reported Q4 results that “exceeded expectations, reflecting [a] strong operational performance”.
Beauty
Hut Group defends performance as shares plummet by a third

Hut Group defends performance as shares plummet by a third

​A capital markets day is meant to boost a share price as the company concerned talks major investors through its strategy. But in the case of The Hut Group (THG) this week, it had the exact opposite effect.
Fashion