Africa rising: Luxury retail and production

Published: 24-Sep-2014

Globally, the African beauty market is gaining prominence. According to new market research by Mintel, the African-American hair care market will reach US$774m in 2014

You need to be a subscriber to read this article.
Click here to find out more.
Africa rising: Luxury retail and production

When Lancôme selected Kenyan Oscar winner Lupita Nyong'o as its new ambassadress earlier this year, the company hit on several beauty industry trends: the revival of a more natural beauty, a celebration of bright colours and joie de vivre, and an acknowledgement that women of all shades and colours exist.

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
See more

You may also like

Colour Cosmetics
Estée Lauder Companies appoints Gaétane Baudry to lead Bobbi Brown Cosmetics’ ‘digital evolution’

Estée Lauder Companies appoints Gaétane Baudry to lead Bobbi Brown Cosmetics’ ‘digital evolution’

Read more
The beauty giant has named beauty veteran Gaétane Baudry as Senior VP/Global General Manager to accelerate the make-up brand’s growth and enhance its ‘relevance across markets’

Trending Articles

  1. Victoria Beckham invests £3 million in daughter Harper’s beauty brand Entrepreneur and Spice Girls star Victoria Beckham is supporting daughter Harper’s beauty venture as new filings reveal a £3 million investment into holding company H7B Ltd between 2024 to 2025
  2. H&M Beauty names actress Sharvari first-ever Indian brand ambassador As H&M Beauty’s first India ambassador, actress Sharvari will lead the brand’s beauty communication in the region’s fast-growing beauty market, including promoting a new make-up assortment for Christmas 2026
  3. Scent Beauty taps former L'Oréal executive Yoana Land as CFO Yoana Land will work to drive sustainable growth and strengthen operational capabilities at Scent Beauty, the fragrance creator of behind singers Tate McRae and Sabrina Carpenter’s perfumes
  4. L'Oréal allegedly explores unloading talc-related liabilities The beauty giant strongly contests the claims made in approximately 760 pending proceedings related to the alleged presence of asbestos particles in certain talc-containing cosmetic products. According to a new report, L’Oréal has allegedly tapped advisors Weil Gotshal & Manges and investment bank Ducera Partners
  5. You need to be a subscriber to read this article.
    Click here to find out more.
    Why CeraVe is eyeing India for environmental skin care lessons The L’Oréal-owned dermatological skin care brand is taking inspiration from India to help consumers deal with the growing impact of heat, humidity and pollution on skin health

Upcoming event

British Beauty Week 2026

12-25 October | London, United Kingdom See all

You may also like

Colour Cosmetics
Estée Lauder Companies appoints Gaétane Baudry to lead Bobbi Brown Cosmetics’ ‘digital evolution’

Estée Lauder Companies appoints Gaétane Baudry to lead Bobbi Brown Cosmetics’ ‘digital evolution’

The beauty giant has named beauty veteran Gaétane Baudry as Senior VP/Global General Manager to accelerate the make-up brand’s growth and enhance its ‘relevance across markets’
You need to be a subscriber to read this article.
Click here to find out more.
Fragrance
Meet the Maestro: How Jo Malone London perfumer Céline Roux discovered her scent style

Meet the Maestro: How Jo Malone London perfumer Céline Roux discovered her scent style

Céline Roux, Head of Fragrance at Jo Malone London, has come to define the Estée Lauder Companies-owned British fragrance house’s portfolio. Discover her story in Cosmetics Business’ new ‘Meet the Maestro’ series
You need to be a subscriber to read this article.
Click here to find out more.
Finance
Estée Lauder Companies CEO Stéphane de La Faverie's 2026 salary revealed

Estée Lauder Companies CEO Stéphane de La Faverie's 2026 salary revealed

Beauty giant Estée Lauder Companies (ELC) has revealed the 2026 pay packages for its executive suite, including ELC CEO Stéphane de La Faverie and Akhil Shrivastava, ELC’S Executive VP and CFO
You need to be a subscriber to read this article.
Click here to find out more.
Retail
From Charlotte Tilbury to Estée Lauder, premium beauty brands are launching on Amazon. How can brands win?

From Charlotte Tilbury to Estée Lauder, premium beauty brands are launching on Amazon. How can brands win?

Renee Parker, co-founder and Director of Strategy, Invinci, explains what it takes...
You need to be a subscriber to read this article.
Click here to find out more.
Finance
Estée Lauder Companies’ UK boss eyes ‘levers of growth’ and TikTok Shop after global turnaround

Estée Lauder Companies’ UK boss eyes ‘levers of growth’ and TikTok Shop after global turnaround

Pernilla Nyberg, Senior VP and GM of Estée Lauder Companies UK & Ireland, tells Cosmetics Business how the beauty business’ global ‘Beauty Reimagined’ strategy has ignited “multiple levers of growth” and the opportunities of TikTok Shop
You need to be a subscriber to read this article.
Click here to find out more.
Fragrance
Exclusive: Jo Malone London launches at Space NK to drive UK growth

Exclusive: Jo Malone London launches at Space NK to drive UK growth

Jo Malone London, the Estée Lauder Companies-owned fragrance brand, said the limited range launch in Space NK stores and on the UK beauty retailer’s website complements its existing retail footprint and creates a platform for long-term growth
You need to be a subscriber to read this article.
Click here to find out more.
Research & Development
Estée Lauder Companies commits $15 million funding to breast cancer research amid charity milestone

Estée Lauder Companies commits $15 million funding to breast cancer research amid charity milestone

Elizabeth Hurley, actress and Global Ambassador for the Estée Lauder Companies (ELC) Breast Cancer Campaign, and television host Amanda Holden were among guests at the Future Dreams ‘Future 5’ Lunch, supported by ELC, which has backed the UK breast cancer charity with £1m in funding since 2019
Subscribe now