Retail & the Beauty Consumer

Amazon breaks into luxury beauty retail

Amazon breaks into luxury beauty retail

By Simon Pitman

Amazon has just launched a new luxury beauty division for the US market, in direct competition with the online presence that luxury beauty retailer Sephora has already carved out.

Cash-strapped Brazilians turn to e-commerce

Cash-strapped Brazilians turn to e-commerce

By Chris BARKER

Brazilian buyers are increasingly using e-commerce to purchase cosmetics as a result of the country’s poor economic situation, according to a report by market research company E-bit.

US sales down as Q4 profits plummet at Revlon

US sales down as Q4 profits plummet at Revlon

By Andrew McDougall

Cosmetic manufacturer Revlon saw its fourth quarter and full year profits plummet as it saw sales dry up in the US and Europe, with China as its only saving grace.

Jean-Paul Agon, L'Oréal CEO

L’Oréal chief to hand back stock-options

L’Oréal CEO Jean-Paul Agon has announced that he will hand back half the stock-options he received in 2010 and that the French firm will stop using them altogether.

Naturex set for “one or two” acquisitions in 2011: President

Naturex set for “one or two” acquisitions in 2011: President

By Shane Starling

Naturex will expand again in 2011 with several “€5-20m” targets, 1.5 years after completing the €110m integration of Spanish supplier Natraceutical that made the French botanical extracts supplier the biggest in the world.