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Coty bets on artificial intelligence in 2026 with OpenAI partnership

Coty claimed this will provide employees at the beauty giant with access to artificial intelligence (AI) models with ‘enterprise-grade’ security and privacy to support day-to-day tasks

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Boots and Superdrug deals accused of being misleading for consumers by Which?

The UK consumer champion organisation conducted an investigation into the British beauty retailers and claims it found deal prices which could mislead loyalty members into...
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Supergoop! names Lauren Weinberg as CMO

Weinberg joins the sun care brand’s executive team from Peloton, with aims to accelerate brand and growth strategy

L’Oréal BOLD and Unilever Ventures invest in Bobbi Brown-backed Live Tinted

The French beauty giant and US consumer goods player were among the businesses that participated in the hybrid make-up and skin care brand’s latest funding round

Saks Global to close 62 stores and exit majority of its off-price business amid bankruptcy

As part of its Chapter 11 bankruptcy proceedings, the luxury retailer will close 57 Saks OFF 5th stores and all Neiman Marcus Last Call locations to focus on full-price luxury retail

Cosnova Beauty enters skin care with Niche Beauty Lab acquisition

The essence and Catrice Cosmetics owner is strengthening its portfolio with the addition of Niche Beauty Labs, whose brands include Acnemy, Theramid and Transparent Lab

Givaudan sales top CHF 7.5 billion in 2025

The perfume maker’s full-year financial results were bolstered by bumper fragrance and beauty sales, which offset lowered demand for fragrance ingredients and active beauty

TikTok Shop UK report 60% beauty sales growth driven by K-beauty

The online social retail platform saw significant year-on-year growth across its beauty category in 2025, attesting its success to live shopping, education-driven discovery and a vast K-beauty offering

Interparfums scores David Beckham fragrance license

After 20 years with Coty, the former England footballer’s line of fragrances will be overseen and expanded by Interparfums from 2028

Meet the speakers: 2026 Anti-Ageing Skin Care Conference agenda revealed

Featuring speakers from leading companies such as Unilever, A*STAR Skin Research Lab, Procter & Gamble and others, the biennial Anti-Ageing Skin Care Conference returns with another exciting year of thought leaders who are driving innovation in the skin-care and science industry

Latest posts in Finance

Boots Group CEO to retire, with UK boss taking on ‘wider range of responsibilities’

Ornella Barra is stepping down as CEO of The Boots Group, with Anthony Hemmerdinger, Managing Director of Boots UK, Ireland and Opticians, set to take on greater responsibilities at the company

LVMH hails ‘remarkable’ Sephora performance in 2025 amid ‘unfavourable’ global environment

Rhode’s debut at Sephora, along with Dior and Guerlain fragrance launches, helped boost LVMH’s performance, but there was a mixed picture in the wider business amid geopolitical and economic disruption

Byoma appoints Tara Loftis as Global President and Chief Brand Officer

Loftis is Byoma’s first C-suite appointment since Bansk Group acquired a majority stake, joining the skin care brand from Cetaphil-owner Galderma

Procter & Gamble acquires digestive health brand Wonderbelly

P&G has snapped up the ‘clean’ digestive-health start-up to reinforce its presence in the health sector, meeting the ‘needs and preferences of an even wider range of consumers’

Beauty Bay rumoured to have hired advisors to explore sale

The UK beauty retailer is allegedly considering a sale of its business, according to a new report, with rumours circulating that it has hired consultancy firm Interpath

Pat McGrath Labs cancels auction and files for Chapter 11 bankruptcy

An upcoming public auction to sell the make-up brand’s assets has been cancelled as Pat McGrath Labs, founded by Dame Pat McGrath, submits a Chapter 11 bankruptcy claim

Interparfums full-year sales up despite lagging US performance

The fragrance specialist has reported a 2% increase to its net sales for full-year 2025, with European sales supported by hero brands including Coach, Lacoste and Montblanc
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Analysis: Ulta Beauty’s share price hits all-time high – this is the reason for the retailer’s rise

Ulta Beauty’s share price has hit an all-time high, with several investment banks upping price targets and initiating coverage. Cosmetics Business looks at what’s behind the US retail giant’s surge and if it can continue this momentum throughout 2026

AS Beauty shutters CoverFX and Mally Beauty as market challenges bite

Both AS Beauty-owned make-up brands announced the news via social media, citing market challenges such as tariffs to be the reason behind winding down

P&G’s ‘softest’ quarter sees sales rise 1% in ‘challenging’ environment

The Olay and Herbal Essences owner expects an improvement in the latter half of the 2026 financial year after a ‘challenging consumer and geopolitical environment’ in Q2

Suave Brands Company and Elida Beauty join to become Evermark as merger completes

Evermark's combined portfolio now comprises household brand names such as Suave, Q-tips, ChapStick, and Pond's

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P.Louise hit $2.71m GMV on TikTok Shop in one day

By switching from low cost incentives to buy, P.Louise were able to quadruple their average order value

Kolmar Korea launches full operation of 2nd US factory, establishing K-beauty’s ‘tariff safe zone’ in America

New 17,805㎡ facility completed in Pennsylvania with an annual production capacity of 300 million units

Lemon Bottle reaches major milestone with 3 million vials sold globally

Total sales volume of Lemon Bottle lipolysis and skin booster products achieved double figure uplift in 2024, soaring 65% year-on-year with almost one million vials sold...

Croda's fragrances and flavours business reports strong annual finance results, delivering 18% growth

Iberchem, a Croda Brand, announced its annual financial results, encompassing the activity of global fragrance leader Iberchem, French fragrance house Parfex and flavours...

Haut.AI recognised as one of Eastern Europe’s fastest-growing startups

Haut.AI has proudly secured the 26th position on the Sifted 30 leaderboard, which highlights the fastest-growing startups in Eastern Europe and the Baltics for 2024

Solabia announces that it has acquired a majority stake in PolymerExpert

Founded in 2000 by Marc Dolatkhani and based in Pessac (Gironde, France), PolymerExpert is an innovative company specialised in the development and marketing of high-tech...

GEKA expands global footprint with major investments in 2024

GEKA, a leader in innovative beauty application solutions, is set to expand its global footprint with strategic investments across its facilities in Brazil, the USA, and...

Dermaclaim Lab closes first half of 2024 with a 38% increase in turnover

The business will continue with its growth plan with the acquisition of new facilities

CEW UK to sponsor a student for a third year in a row

Launched in 2022, The CEW Caroline Neville Scholarship 2022 recognises the huge contribution to supporting businesses and individuals across the beauty industry made by...

Beauty industry – A profitable business

Carmel Cosmetics Labs, experts in private label cosmetics, details its top tips for increasing income in the beauty industry

Croda's flavours and fragrances business tops $290m in sales

Croda’s Fragrances and Flavours (F&F) business, comprising global fragrance company Iberchem, fragrance house Parfex, and Scentium for Flavours, today announced yet...

'The Total Economic Impact' of BigCommerce

This Forrester Consulting study reveals that enterprise brands saw improved ROI, cost savings, and more success over three years with BigCommerce