Puig reports double-digit growth in 2024, with fragrance driving the charge After a hot streak of acquisitions, Puig reported a 10.9% increase in net revenue for 2024. Fragrance was the major driver of the Spanish company's growth, with Puig reporting a growth of 13.6% in fragrance, accounting for 73% of the company's total revenue.
How beauty brands are using Lunar New Year to forge customer loyalty Lunar New Year-themed campaigns and products have become perennial initiatives for many fashion and beauty brands, particularly those courting luxury shoppers in China. But this year’s Lunar New Year launches come at a turning point for customers both in China and across the globe.
Beauty & Wellness Briefing: Why Ivanka Trump is trading politics for wellness After positioning herself as a political power player during her father's first presidential administration, this time around, Ivanka Trump is embracing a more contemporary value: wellness.
First came the fragrance hauls, now come the declutters: Why fragrance fans are downsizing their collections Years of constant growth means some consumers have amassed more perfumes than they can handle. Amid a social media trend towards "deinfluencing," fragrance fans are looking to downsize their collections.
The wellness fertility boom is just getting started After tackling issues like gut health and stress, the wellness industry is turning to another phase in women’s life cycles: fertility and conception. Those products speak to a generation that is both more open to taking their reproductive health into their own hands — and also increasingly anxious about environmental...
‘A semblance of normalcy’: LA’s retail community contemplates next steps in the wake of historic wildfires The deadly wildfires that tore through the Palisades and Altadena destroyed thousands of structures, including homes and small businesses. Facing a battered community, those local retailers that are still standing are figuring out their next steps.
Celebrities made fragrance a business mainstay. Can influencers do the same? Influencers helped fragrance overtake skin care as the buzziest beauty product in the years since 2020. But even if they have a proven track record of converting customers to established perfume brands, breaking into the fine fragrance category on their own merit means standing out in a saturated market and...
Ulta Beauty names new CEO with immediate effect The beauty giant announced COO Kecia Steelman will succeed Dave Kimbell in the top role beggining Monday. Steelman will lead the retailer as it adjusts its outlook amid a strong holiday performance.
Got milk? How milk took over beauty in 2024 Sweet, creamy and dreamy, milky beauty products speak to an audience craving an escape to simpler times. But with raw milk consumption becoming not just a beauty tool but also a political statement, the milk beauty trend is far from child's play.