Finance

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THG appoints Damian Sanders as financial chief following 2022 profit warning

Co-founder and long-time CFO John Gallemore moves to Chief Operating Officer role

Inter Parfums reports ‘best year’ ever, despite flanker-dominated pipeline

The Donna Karan, Jimmy Choo and MCM fragrance licence holder saw a 47% net sales uptick in Q4 2022

Kristen Bell’s CBD skin care brand Happy Dance closes down

The actress’ hemp-derived topical beauty line is going out of business as parent company Cronos Group focuses on the edibles market

P&G acquires textured hair brand Mielle Organics

The deal will help the hair and skin care brand reach a wider consumer base of black women worldwide

Thirteen Lune secures $8 million to grow its inclusive beauty marketplace

The e-commerce platform, which showcases BIPOC-founded beauty brands, has raised more capital to grow the brand after record sales

P&G beauty and grooming sales stagnate, but FMCG giant raises 2023 outlook

Beauty segment organic sales inched up 3%, while grooming plateaued versus Q2 2022

The living wage: Can cosmetics companies afford not to pay it?

With the cost of living skyrocketing, ethical employers in the beauty sector can now ensure they are paying their staff worldwide enough to get by

How to survive fresh inflation as a beauty business owner

This July hasn't just seen temperatures soar, fresh inflation has hit consumers worldwide. Clare Kiteley, Client Director at Kantar UK, explains wh...

Make-up by Mario secures $40 million minority investment to expand the brand

The funding from Provenance and Silas Capital will help with staff hires and inventory challenges as the brand moves into new markets

Bed Bath & Beyond announces more job cuts as it struggles to survive

Hot on the heels of bankruptcy rumours, the US retailer plans more layoffs after reporting a third-quarter loss of US$393m

Hybrid anxiety: Making flexible working sustainable

With more cosmetics companies opting for hybrid working structures for employees, how can businesses keep smashing their climate targets?

Tatcha's founder Vicky Tsai reveals why she first stepped down as CEO: 'It felt like a threat'

The entrepreneur behind the popular luxury Japanese-inspired skin care brand left as chief executive in 2018, but made her big comeback to save the...

Boohoo sales plummet in Q3 2022 amid London layoffs

In January, boohoo revealed it would be making more than 100 staff at its London office redundant

A fairytale story: Why premium beauty is having a crowning moment

Appetite for beauty has not been hampered by the rise in energy costs or inflation. But even more surprisingly, the premium category is positively...

Morphe’s parent company Forma Brands files for Chapter 11 bankruptcy

The owner of Morphe, Morphe 2, Jaclyn Cosmetics and Bad Habit, has started voluntary proceedings and is set to be acquired by lenders

Top 50 beauty brands: We reveal 2022's most valuable cosmetic brands

L’Oréal’s comfortable lead has closed slightly amid a bumper year for Estée Lauder, as we unveil the first 25 brands on Brand Finance's cosmetic le...