News & Analysis on Cosmetics Innovation
Procter & Gamble (P&G) has reported a sales rise for its fiscal 2020 third quarter, buoyed by home and healthcare divisions, but net sales in beauty shrank due to a poor SK-II performance linked to travel retail closures.
L’Oréal sales sank by almost 5% for the first quarter of 2020 amidst the ongoing coronavirus (COVID-19) crisis, though actives maintained strong growth and at-home haircare flourished.
Editor's Spotlight
The cosmetics and personal care industry has already been deeply affected by the Coronavirus crisis. To help guide the beauty industry through this predicament, market research firms are circulating newly updated data and insights.