L'Oreal's make-up sales are set to bounce back to pre-COVID-19 pandemic levels, the French group's new chief executive said on Friday, with women opting for brighter colours in their post-crisis makeovers.
It’s been a tough year for make-up sales, and lipstick in particular, as lockdowns and mask-wearing have pushed this former must-have item much lower on consumers’ priority lists. But times are changing.
Debenhams will exit the UK high street for good on May 15 as the administrators close its remaining stores. The closures will end more than 200 years in which the company has been a major name in UK retail.
The Japanese cosmetics group has put a partial end to its beauty licence agreement with Dolce & Gabbana, a decision taken as Shiseido, struggling as a result of the Covid-19 crisis, intends to focus on skincare.
The cosmetics brand is partnering with the video sharing app and gaming media platform Enthusiast Gaming for the launch of TikTok Gamers Got Talent, a live series showcasing the TikTok gaming community’s skills.
Zara is diving headfirst into beauty with the launch of a complete cosmetics line conceived by British makeup artist Diane Kendal. The retailer's debut beauty offering will be available in store and online from 12 May.
Estee Lauder Cos Inc missed analysts' estimates for quarterly sales on Monday, as weak demand for its makeup products offset growth at the cosmetics maker's skincare brands, with people continuing to work from home.
Colour cosmetics supplier Warpaint London saw its revenues fall and losses rise in the year as the pandemic's impact saw its core customers suffering temporary store closures during the reporting period.