Estée Lauder Companies’ acquisition of Tom Ford is a shrewd move that will allow the world’s second largest beauty company to better compete with its rival L’Oréal, says a GlobalData analyst.
International beauty major The Estée Lauder Companies and French luxury fashion house Balmain have entered into a license agreement to collaboratively develop and launch an inclusive prestige beauty line next year.
Consumer engagement in the fragrance category is growing worldwide, fuelled by interest in wellbeing and mood but also seduction as people start to socialise again, says the CEO of L’Oréal.
BIG BRAND TALKS – IN CONVERSATION WITH TODAY’S BEAUTY LEADERS
Beauty must hasten sustainability action in the face of current biodiversity and climate crises, and collaboration will be a critical way forward along with focus on regenerative agriculture, says the chief sustainability officer at LVMH’s Parfums Christian...
International personal care giant Colgate-Palmolive will continue its focus on premium oral care innovation despite post-pandemic economic strain worldwide, its investor relations chief says.
Walmart launched BEAUTYSPACENK with Space NK to bring prestige personal care to the retail giant's online and instore sales spaces . CosmeticsDesign spoke with Laurie Tessier, merchandising director for prestige beauty at Walmart, about the launch.
Consumer goods major Unilever has reported growth in full-year 2021 net sales and net profit, with a strong performance in beauty and personal care, but has said a dramatic rise in input costs remains a considerable challenge.
International beauty major L’Oréal has reported a significant rise in full-year 2021 sales and net profit globally, with Latin America and North Asia performing particularly well and business in its Luxe and Active Cosmetics divisions leading the surge.
Big Brand Talks - In conversation with today's beauty leaders
Dutch beauty major Rituals has achieved B Corp status after three years of transformation, forming part of a much wider vision to blur the beautiful with the good, according to its CEO.
Personal care major Unilever has reported a net sales rise for its third quarter (Q3) of 2021, with strong growth in the Americas and across its prestige beauty division, but the future will prove challenging as price inflation continues.
Beauty major L’Oréal and luxury fashion house Prada are driving international noise around their first fragrance launch – an innovation that marks the first of many designed to build out a highly competitive global beauty brand, an executive says.
International beauty major Estée Lauder Companies has partnered with French moulding specialist Roctool and packaging firm Pinard Beauty Pack to develop a reduced-waste prestige skin care bottle.
Prestige beauty major Estée Lauder Companies has developed a reusable pump device that simultaneously cools and dispenses product and a single-use cosmetic pad with a self-heating function and preloaded formulation.
Personal care major Unilever has reported a net sales rise for its second quarter (Q2) of 2021, with Europe growth rebounding and prestige beauty seeing continued success.
Special Edition: Clean & Ethical - 'Better for you, better for the planet' beauty
Unilever and its prestige brand Hourglass have developed a vegan carmine alternative after years of supplier collaboration – a patent-pending innovation it plans to open-source in the coming year, says the global vice president of R&D for prestige.
US luxury brand RéVive Skincare wants to expand its international footprint further and continue fast-paced product launches beyond North America, notably Eastern and Western Europe and the Middle East, its CEO says.
Personal care giant Procter & Gamble (P&G) has reported a net sales rise for its third quarter (Q3) of fiscal 2021, with beauty leading the charge in growth terms.
Prestige beauty major The Estée Lauder Companies will up its investment in mass functional beauty player Deciem, establishing terms for full ownership in three years – a move that will diversify it into the increasingly important masstige market, an expert...
Procter & Gamble will continue to prioritise superior product design, packaging, and retail execution because it is a far-reaching opportunity that can strengthen long-term competitiveness, says its vice chairman, COO and CFO.
Personal care major Unilever has begun the process of separating out some of its smaller beauty and personal care brands as part of a portfolio reshuffle that will also see potential acquisitions in prestige beauty, according to its CEO.
Today, the US retail corporation announced a new partnership with Ulta that will bring an Ulta-Beauty-at-Target experience in store and online in the New Year.
The global luxury goods market will shrink dramatically in the face of the ongoing coronavirus (COVID-19) crisis, with significant downgrades expected in Switzerland, Germany, Italy and France, says Euromonitor International.
French perfume house Hermès has launched a line of lipsticks, marking its first venture into colour cosmetics that it will build out gradually with additional product launches.
It is no industry secret that product innovation and developments in skin care and make-up are helping boost these segments, and they are aiding strong results in the US Prestige beauty industry.
The turn of a new year gives us the perfect chance to give a complete review of the previous one, and market analyst NPD Group has announced that 2012 was a strong one for the US prestige beauty industry, despite facing a number of challenges.
![Estée Lauder Companies is due to close its acquisition of fashion major Tom Ford early next year [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign.com/headlines/business-financial/estee-lauder-companies-tom-ford-acquisition-for-2.3bn-to-increase-competition-in-beauty-says-globaldata/16000961-1-eng-GB/Estee-Lauder-Companies-Tom-Ford-acquisition-for-2.3bn-to-increase-competition-in-beauty-says-GlobalData.jpg)
![Balmain Beauty aims to offer a prestige 'beauty for all' experience, drawing inspiration from the spirit of the French fashion house brand [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/09/27/estee-lauder-balmain-beauty-2024-launch-after-license-agreement/15800223-1-eng-GB/Estee-Lauder-Balmain-Beauty-2024-launch-after-license-agreement.jpg)
![Interest and engagement has risen in fragrances globally as consumers look to target wellbeing, mood and seduction [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/market-trends/l-oreal-ceo-says-fragrances-soaring-globally-with-new-consumer-appetite-for-category/15649890-2-eng-GB/L-Oreal-CEO-says-fragrances-soaring-globally-with-new-consumer-appetite-for-category.jpg)
![LVMH-owned Parfums Christian Dior is focusing sustainability efforts on regenerative agriculture and slashing carbon emissions, among other goals [Image: Parfums Christian Dior]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/07/19/lvmh-parfums-christian-dior-beauty-as-a-legacy-2030-sustainability-plan-highlights-flowers-collaboration/15610679-1-eng-GB/LVMH-Parfums-Christian-Dior-Beauty-as-a-Legacy-2030-sustainability-plan-highlights-flowers-collaboration.jpg)
![In China, Colgate-Palmolive is following an even more 'ultra-premium' innovation plan across e-commerce channels [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/06/08/colgate-palmolive-continues-premium-innovation-amidst-global-covid-19-recession/15484484-1-eng-GB/Colgate-Palmolive-continues-premium-innovation-amidst-global-COVID-19-recession.jpg)
![Unilever's CEO says that despite a successful year - with the fastest business growth reported in nine years - ongoing input inflation continues to be the company's biggest challenge [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/unilever-2021-full-year-net-profit-up-9-but-inflation-challenges-continue-says-ceo/13242523-1-eng-GB/Unilever-2021-full-year-net-profit-up-9-but-inflation-challenges-continue-says-CEO.jpg)
![L'Oréal's Luxe division performed especially well, with 'remarkable success' in fragrances, according to the company's CEO [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/02/10/l-oreal-2021-full-year-results-shows-net-profit-up-29-sales-up-15-in-historic-year/13231286-1-eng-GB/L-Oreal-2021-full-year-results-shows-net-profit-up-29-sales-up-15-in-historic-year.jpg)
![Rituals this week achieved B Corp Certification following a three-year transformation period - an important step in its wider sustainability vision [Image: Rituals]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/01/12/rituals-ceo-talks-b-corp-certification-and-sustainable-beauty-vision-for-the-future/13147643-7-eng-GB/Rituals-CEO-talks-B-Corp-certification-and-sustainable-beauty-vision-for-the-future.jpg)
![Unilever is facing ongoing rising raw material costs and raised its pricing across its beauty and personal care division, a move that will be tough for consumers in emerging markets where it plays heavily [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/10/21/unilever-q3-2021-net-sales-rise-but-cost-inflation-leads-to-price-hikes-and-tough-future/12947452-1-eng-GB/Unilever-Q3-2021-net-sales-rise-but-cost-inflation-leads-to-price-hikes-and-tough-future.jpg)
![The first product launch out of the long-term license agreement between L'Oréal and Prada is men's fragrance brand Luna Rossa Ocean [Image: L'Oréal/Prada Beauty]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/09/23/l-oreal-prada-license-agreement-launches-luna-rossa-ocean-eyes-global-beauty-push/12849852-1-eng-GB/L-Oreal-Prada-license-agreement-launches-Luna-Rossa-Ocean-eyes-global-beauty-push.png)
![The Estée Lauder Companies has redesigned its Clinique Clarifying Lotion 200ml bottles, manufacturing them with a smart moulding technology that enables 10-15% reduction in waste during processing [Image: The Estée Lauder Companies]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/09/16/estee-lauder-to-launch-new-reduced-waste-clinique-bottles-using-moulding-tech/12826466-1-eng-GB/Estee-Lauder-to-launch-new-reduced-waste-Clinique-bottles-using-moulding-tech.jpg)
![Estée Lauder says its two devices improve shelf-life and product efficacy - cooling and heating preloaded formulations upon application [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/08/20/estee-lauder-companies-patents-on-cooling-and-heating-beauty-devices/12754121-1-eng-GB/Estee-Lauder-Companies-patents-on-cooling-and-heating-beauty-devices.jpg)
![Skin care performed particularly well, with especially strong growth seen in Unilever's prestige beauty division [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/07/22/unilever-q2-2021-net-sales-rise-h1-results-sit-strong-particularly-in-prestige-beauty/12668871-1-eng-GB/Unilever-Q2-2021-net-sales-rise-H1-results-sit-strong-particularly-in-prestige-beauty.jpg)
