When Lancôme selected Kenyan Oscar winner Lupita Nyong'o as its new ambassadress earlier this year, the company hit on several beauty industry trends: the revival of a more natural beauty, a celebration of bright colours and joie de vivre, and an acknowledgement that women of all shades and colours exist.
Africa rising: Luxury retail and production
Globally, the African beauty market is gaining prominence. According to new market research by Mintel, the African-American hair care market will reach US$774m in 2014
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Analysis
Analysis: How are Gen Alpha navigating beauty in 2026?
Socially and environmentally conscious by default, Gen Alpha are seeking playfulness and experiences from beauty. But drawn in by social media, parents also play a key role in helping them shape formative routines and healthy habits, as do brands
Finance
Puig mulled ‘arrangement’ with Kering before Estée Lauder Companies merger talks
Puig had explored a potential ‘long-term licensing arrangement’ with Kering that did not come to fruition, which had occurred prior to Estée Lauder Companies proposing a merger with the Spanish giant, which was recently terminated
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Colour Cosmetics
The untold story of… Clinique’s Almost Lipstick Black Honey
With seven Clinique Black Honey Lipsticks sold every minute globally, the Estée Lauder Companies-owned brand reveals how its 55-year-old sheer berry balm has remained a category-defining make-up item in Cosmetics Business’ ‘Untold Story’ series
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Skin Care
The Ordinary spotlights New York City transit problem with free bus shuttle service
The skin care brand’s latest stunt aims to provide a ‘solution’ to a New York City transportation pain point, running a free express shuttle from Williamsburg’s Domino Park to Prospect Park in Brooklyn to cut the usual commuting time in half
Finance
Estée Lauder Companies and Puig ‘terminate discussions’ over merger
Discussions around the potential merger between the US beauty giant and the Spanish multinational have been terminated. Estée Lauder Companies President and CEO, Stéphane de La Faverie, and Puig CEO Jose Manuel Albesa explain why the talks have failed