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LUXURY COSMETICS BUSINESS
L’Oréal buys control of Innovist as India beauty battle intensifiesL'Oréal SA is acquiring a majority stake in Indian beauty startup Innovist. This move strengthens L'Oréal's position in India's rapidly exp...- The hidden cost of looking better: What health insurance covers, and what it leaves you to payRising demand for weight-loss drugs, cosmetic procedures and wellness treatments is creating a growing out-of-pocket healthcare expense cat...
- Thought of the day by French Fashion legend Christian Dior: ‘Living in a house which does not suit you is like wearing…’ Lessons on identity and choice by the founder of the luxury brandThought of the day: Today, the Dior label remains one of the world’s most recognizable luxury fashion houses. But beyond couture and fragra...
- Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
- Success quote of the day by the American businesswoman Estée Lauder: “Most good ideas sparkle in simplicity, so much so that everyone wonders why no one ever did it before” — Advice on innovation, creativity, business success, and how to build a brand by the co-founder of The Estée Lauder CompaniesSuccess quote of the day by the American businesswoman Estée Lauder: “Most good ideas sparkle in simplicity, so much so that everyone wonde...
- Why is India's look-good biz looking so good?India's beauty market is booming, attracting global manufacturers like Shiseido and Estee Lauder. A young population, social media trends, ...
- Luxury fashion giants like Chanel, L'Oreal Luxe bet big on India's beauty boomChanel and other luxury brands are expanding their beauty segments in India, managing their retail spaces independently to better align wit...
- With Hourglass, HUL feels time is ripe to enter India luxury cosmeticsHindustan Unilever is set to launch its global beauty brand Hourglass in India, marking its entry into the luxury cosmetics market. The bra...
- L'Oreal buys luxury brand Aesop from Brazil's Natura for $2.5 blnThe deal, L'Oreal's largest ever brand acquisition according to Dealogic data, expands the firm's presence in the luxury cosmetics market, ...
- Top UK fashion brands on first-of-its-kind India trade mission"India's growing economy and middle class represent an enormous opportunity for enterprising UK companies looking for new markets," said UK...
- Estee Lauder nears $2.8 billion deal to buy Tom Ford: ReportEstee Lauder and Tom Ford did not immediately respond to Reuters requests for comment. Shares of Estee rose about 4% in afternoon trade. Ea...
- Andrew Stanleick becomes CEO of beauty brands created by Kylie JennerStanleick will assume his new responsibilities in addition to his current role at COTY.
- Louis Vuitton India retail profit jumps 50% in FY17Louis Vuitton India is likely to have included business generated through retail stores in the country and sales from its signature Louis V...
- Small town consumers drive online luxury salesAccording to industry data, the luxury market will be worth $18 billion this year, up from $14 billion last year, despite curbs on high-tic...
- Beauty-product e-tailers widen platforms by bringing more brands on boardAlthough these luxury brands will not be offered on discount on these marketplaces, it hasn’t deterred these companies from fixing robust t...
- Luxury players using cinema halls, TV, newpapers to target buyersThe luxury market in India is still minuscule and so is ad spend by luxury brands. Estimates suggest that luxury brands contribute 0.5% to ...
- French hair-salon chain Dessange International to open salons in India over the next four yearsDessange International will open 20-25 luxury and mid-segment salons in India over the next four years, a top company executive has said.
- LVMH co Sephora set for India forayFrench luxury goods conglomerate LVMH is likely to clinch a multi-brand retail deal with New Delhi-based Genesis Luxury Fashion, in which t...
- India a critical part of the lipstick marketPeople spend more on cosmetics and less on bigger-ticket items to lift their mood in times of financial distress.
- Louis to make $500-600 mn investment in IndiaLouis Vuitton Moet Hennessy (LVMH) is planning to launch a $500-600 million private equity fund in India for investing in brands and retail...
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