Americans are turning to beauty products to beat inflation blues in a trend called "the lipstick effect" that could keep beauty's post-pandemic rebound alive and help quarterly sales for Estée Lauder and Coty.

​Boohoo has been moving into beauty of late through its own retail brands and through buys such as Debenhams. But its latest move is a bit different. It’s made what it calls a “strategic investment” in a key pureplay.

Euro zone retail sales plunged more than expected in June as prices at factory gates continued to rise, data showed Wednesday, signalling a weakness in consumer demand that could herald a recession in H2.

​Revlon received a US bankruptcy judge's permission Monday to proceed with a $1.4bn loan, over an objection by some creditors who argued its terms could block their chance to recover anything from the firm's bankruptcy.

During the first quarter of its fiscal year that closed on June 30, the L'Occitane group recorded sales of €416 million, up 15.8% at constant exchange rates.

​Unilever’s first-half report on Tuesday showed rising sales, with inflation a big factor in that as the company was largely able to pass on price rises to consumers.

The 20th edition of Pitti Fragranze, the trade show of the creative perfumery sector, entitled ‘The 5 Senses Issue’ and featuring 140 international exhibitors, will be held in Florence on September 16-18.

K11 Group this month announced plans for a new harbourfront complex in China's Shenzhen, as the New World Group-owned brand and retail developer continues to expand across mainland China. 

​Content may be shifting online at an ever faster pace but London department store Liberty is going old-school and has launched a new bi-annual beauty newspaper called The Hall.

​London landlord Sloane Stanley is continuing to attract interesting businesses to its estate that takes in large parts of Chelsea and the latest is Ted’s Grooming Room.

B2B beauty exhibition Cosmoprof North America announced on Monday that it will celebrate its 20th edition at the Las Vegas Convention Center on July 11-13, 2023. 

Richemont said on Friday that the latest quarter saw strength in Europe, Japan, the US and Middle East. But Asia Pacific was hit by Covid issues in China. It was similar to Burberry, which reported on the same day.

Cosmetics group L’Occitane, owner among others of L’Occitane en Provence, Melvita and Sol de Janeiro, recorded a 15.8% sales growth to reach €1.78 billion in the last fiscal year.

​British beauty and health retailer Superdrug has launched a new campaign and said it’s the first beauty retailer to host an in-store and on-platform talent show with a live final on TikTok UK.

Estée Lauder Companies Inc. announced on Monday the appointment of Angela Wei Dong to its board of directors and the company’s audit committee, effective July 11. 

The latest report from the European Union Intellectual Property Office shows a worrying increase in the number of intentional purchases of counterfeit products over the past three years.