Cosmetics: latest news, insights and analysis | ESM Magazine

Soaps, Sanitisers Boost PZ Cussons Sales; Pandemic Weighs On Beauty Products

PZ Cussons Plc has seen first-quarter revenue jump 23% due to a spike in demand for soaps and hand sanitisers during the COVID-19 pandemic, but warned the...

Amazon, Alibaba, JD and Pinduoduo To Dominate Online Health & Beauty Sales, Study Finds

Major online players including Amazon, Alibaba, JD.com and Pinduoduo will account for two thirds (65%) of the global e-commerce market for health and beaut...

Estée Lauder Forecasts Profit Below Expectations, To Cut Up To 2,000 Jobs

Estée Lauder Cos Inc forecast current-quarter profit below analysts' estimates after posting a bigger-than-expected quarterly loss, as travel restri...

Coty To Buy 20% Stake In Kim Kardashian West's Beauty Line

Coty Inc has agreed to buy a 20% stake in reality TV star Kim Kardashian West's makeup brand KKW for $200 million (€177.8 million), the Financial Time...

Consumers Spending Less On Cosmetics As COVID-19 Epidemic Continues, Study Finds

Consumers are spending considerably less on cosmetics during the coronavirus crisis, with the latest COVID-19 - Impact Consumer Spending Tracker by IRI, fo...

Coty Names Pierre Denis As New Chief Executive

Cosmetics maker Coty Inc said on Friday it had appointed Pierre Denis as its chief executive officer, succeeding Pierre Laubies. Denis is currently the...

Estée Lauder Trims Fiscal 2020 Profit Forecast

Estée Lauder has cut its profit forecast for fiscal 2020, citing the coronavirus epidemic in China, a key market for the maker of Clinique skincare...

L'Oréal Rallies As Quarterly Results Offset China Concerns

L'Oréal's shares rose on Friday after fourth-quarter figures from the French cosmetics company allayed concerns over the impact of China's coronavir...