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Kim Kardashian-founded private equity firm invests in 111Skin

SKKY Partners’ minority investment will enable the plastic surgeon-founded skin care brand to grow in North America and Asia

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The Body Shop’s Swiss franchise owner halts contract renewal

Some 108 employees of The Body Shop Switzerland will be offered further employment within the Coop retail company
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Unilever India unit set to acquire beauty brand Minimalist

Brand founders say acquisition will help with global expansion

Kenvue names new President for Skin Health & Beauty in Asia-Pacific and Latin America

L’Oréal veteran Penelope Giraud will lead the direction of the company’s beauty brands Neutrogena, Aveeno and Dr. Ci Labo in the region

Urban Skin Rx snapped up by American Exchange Group

Rachel Roff, a licensed aesthetician, founded the brand in 2010 which creates products for consumers with melanin-rich skin

Groupe Rocher doubles down on beauty through Petit Bateau and Stanhome divestment

The French beauty company will focus on its skin care and wellbeing offering instead from brands including Arbonne, Yves Rocher and Dr Pierre Ricaud

Sephora taps Lacoste exec as new President of Europe and Middle East

Catherine Spindler will succeed Sylvie Moreau at the LVMH-owned prestige beauty retailer, effective 27 January

Estée Lauder Companies’ Ronald S Lauder to retire from board of directors

Lauder has designated two directors, newcomer Eric Zinterhofer and Jane Lauder, who will continue to serve on the board in her current position

Boots’ Q1 2025 bolstered by 20% Black Friday sales leap

Beauty sales also supported the first quarter results, with the UK retailer seeing an uplift in sales of fragrance, premium beauty and skin care

Pure Beauty Global Awards 2025: Meet the judges

This year’s entrants will have the opportunity to impress an esteemed panel of experts from leading brands and companies, including Ruby Hammer Beauty, Neal’s Yard Remedies, and Ormonde Jayne

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GHD shakes up C-suite to fuel to its ‘ambitious’ global growth strategy

The British brand has added four seasoned beauty executives to its global team to grow and strengthen its position in America, Australia, France and Spain

Unilever Ventures leads $5 million funding for India’s RAS Luxury Skincare

The ‘farm to face’ brand’s series A funding round was also supported by Amazon Smbhav Venture Fund

The Honest Company’s CFO to retire after two years in the role

Dave Loretta will continue to work with the Jessica Alba-founded beauty and lifestyle company until it finds a suitable replacement

Lake & Skye acquired by Tru Fragrance

The fragrance brand was founded in 2015 by Courtney Somer and its hero scents include 11 11 and 11 11 Azure

Coty UK and Ireland swings to £53m pre-tax loss in 2024

Despite the loss, turnover increased by 3.8% from £323m to £325m and operating profits hit £8.6m during the year

The Body Shop owner invests in hair care brands Zenagen and ACT/IV

Private equity firm Auréa Group has invested an undisclosed sum in the premium hair care lines as it expands its beauty portfolio

Ulta Beauty names new CEO succeeding 11-year veteran Dave Kimbell

President and Chief Operating Officer Kecia Steelman will succeed Dave Kimbell

Revolution Beauty reaches settlement with former shareholder

Chrysalis Investments brought a £45.2m claim against Revolution Beauty in April 2024, stating that the US make-up brand had ‘deceived’ the business

L’Oréal snaps up Korean skin care brand Dr.G

The French beauty goliath is doubling down on k-beauty in 2025 to meet rising demand from consumers

David Beckham’s business empire reports bumper year, buoyed by Netflix documentary

The footballer’s company DRJB Holdings Limited – which encompasses David Beckham Ventures Limited, Seven Global LLP and Studio 99 Group – has reported a profit jump to US$36.2 million

Puig to fully-own Charlotte Tilbury brand by 2031

Tilbury will retain a minority stake in her eponymous company under an extended partnership over the next five years
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Year in review: 2024’s top beauty stories and highlights

A look at the beauty industry news stories that dominated this year, covering bankruptcy, legal woes and a celeb hair care boom

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Haut.AI recognised as one of Eastern Europe’s fastest-growing startups

Haut.AI has proudly secured the 26th position on the Sifted 30 leaderboard, which highlights the fastest-growing startups in Eastern Europe and the Baltics for 2024

Solabia announces that it has acquired a majority stake in PolymerExpert

Founded in 2000 by Marc Dolatkhani and based in Pessac (Gironde, France), PolymerExpert is an innovative company specialised in the development and marketing of high-tech...

GEKA expands global footprint with major investments in 2024

GEKA, a leader in innovative beauty application solutions, is set to expand its global footprint with strategic investments across its facilities in Brazil, the USA, and...

Dermaclaim Lab closes first half of 2024 with a 38% increase in turnover

The business will continue with its growth plan with the acquisition of new facilities

CEW UK to sponsor a student for a third year in a row

Launched in 2022, The CEW Caroline Neville Scholarship 2022 recognises the huge contribution to supporting businesses and individuals across the beauty industry made by...

Beauty industry – A profitable business

Carmel Cosmetics Labs, experts in private label cosmetics, details its top tips for increasing income in the beauty industry

Croda's flavours and fragrances business tops $290m in sales

Croda’s Fragrances and Flavours (F&F) business, comprising global fragrance company Iberchem, fragrance house Parfex, and Scentium for Flavours, today announced yet...

'The Total Economic Impact' of BigCommerce

This Forrester Consulting study reveals that enterprise brands saw improved ROI, cost savings, and more success over three years with BigCommerce

The Beauty Accelerator 2024: Investing up to £250,000 in emerging beauty brands

Applications open on Monday 4th December 2023 and close on Friday 2nd February 2024

ICONS Beauty Group acquires on-shore USA packaging manufacturer

ICONS Beauty Group (“ICONS”) a cosmetic, beauty and health group of companies, and a ShawKwei & Partners portfolio company, announces the 100% acquisition of CTL...

Quadpack records its highest revenue in 2022, with improved ESG performance

Quadpack Industries (Euronext Growth: ALQP), manufacturer and provider of packaging solutions to the global beauty industry, achieved a turnover of €142.6 million in the...

2M Group of Companies acquires Laboratorios Prady Normapiel

The 2M Group of Companies is delighted to announce the acquisition of Laboratorios Prady Normapiel (Prady), a Spanish manufacturer of perfumes and cosmetics for the...

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The Red Tree is the UK's leading international beauty brand consultancy. We develop and steer your ideas, challenge your thinking, and deliver results. We have an unparalleled...
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