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Elisabeth King reports on the week’s business news

L Catterton acquires major stake in Japanese natural cosmetics brand; Kao pushes ahead with new brand launch on Amazon; majority of US consumers believe stores should re-open by end of May; and at-home manicures - the new lipstick effect.

April 6, 2020: Elisabeth King reports on this week’s business news

L'Oréal suspends 2020 guidance; Catch.com.au reports 233 per cent lift in health and beauty sales; eBay waives fees for current and new sellers; and electrolytes set to be new skincare trend for 2020.

Mar 30, 2020: Elisabeth King reports on this week’s business news

Changing tack: Beauty PR adapts; Amazon beauty and personal care sales increase 70 per cent; preventative, safe and clean beauty sales set to rise says Mintel; and green shoots in Chinese beauty market.

Mar 23, 2020: Elisabeth King reports on this week’s business news

Safety bubble: Skincare one of the top five most popular online categories in Australia; Coty to fast-track e-commerce; and social distancing to push media consumption 60 per cent higher.

Mar 16, 2020: Elisabeth King reports on this week’s business news

Henkel and KKR proceed to second round of bidding for Coty Professional Division; Ulta Beauty exceeds full year 2019 expectations; beauty brands rank highly on world's most innovative companies list; and world's most powerful beauty executive to retire.

Mar 9, 2020: Elisabeth King reports on this week’s business news

Nivea and Sukin: Top two skincare brands for Aussie millennials; Estée Lauder enjoys highest revenue growth among the major players; Melbourne's St Collins Lane up for sale; and one of the world's largest custom formulators acquires Cosmetic Laboratories of America.

Mar 2, 2020: Elisabeth King reports on this week’s business news

World's largest money manager takes majority stake in Creed fragrances; Alberto VO5 maker sells oral health, hair and skincare brands; 1.6 million Aussies use TikTok; and Coty appoints head of Jimmy Choo as new CEO.

Feb 24, 2020: Elisabeth King reports on this week’s business news

Pre-Christmas retail sales exceed forecast to hit $52.89 billion; L Brands business splits - Victoria's Secret heads private and Bath & Body Works becomes a standalone; travel retail: Lotte to debut Sydney store and Heinemann retains key airport duty-free concession; and L'Oréal see uplift in online sales in China for February.

Feb 17, 2020: Elisabeth King reports on this week’s business news

KKR emerges as frontrunner to buy Coty Professional Beauty Division; Edgewell exits US$1.37 billion acquisition of Harry's; Kering Group sales reach US$17.32 billion; and Brazil's Grupo Boticario announces major expansion.

Feb 10, 2020: Elisabeth King reports on this week’s business news

Beiersdorf buys sustainable skincare brand; L'Oréal's sales growth in 2019 breaks another record; Estée Lauder delivers double-digit growth in Q2; and Roger & Gallet on the block.

Feb 3, 2020: Elisabeth King reports on this week’s business news

US consumer packaging giant buys Albea's dispensing business for US$900 million; LVMH perfume and cosmetics surge 12 per cent to fuel record results; Unilever's prestige beauty business on track to reach US$1 billion; and Inter Parfums exceeds US$700 million milestone for 2019.

Jan 27, 2020: Elisabeth King reports on this week’s business news

Helen of Troy acquires Drybar business for US$255 Million; UK fashion stalwart Ted Baker enters the beauty market; major growth in all regions lifts full year results for Beiersdorf; and premium cosmetic market to reach US$199 billion by 2025.

Jan 20, 2020: Elisabeth King reports on this week’s business news

L Catterton-backed Intercos enters US$388 million financing agreement; L'Oréal Paris to debut 100 SKU Age Perfect Makeup Collection for the over-50s; November retail sales surge on back of Black Friday Bonanza; and refillables: Hermès and L'Occitane tap into the growing trend.

Jan 13, 2020: Elisabeth King reports on this week’s business news

Beauty tech grabs headlines at world's largest consumer technology show; leading Italian investment firm buys 20 per cent stake in Santa Maria Novella; halal beauty and personal care sales to reach US$54 billion; and L'Oréal to ramp up international expansion of US luxury brands with new global president.

Jan 6, 2020: Elisabeth King reports on this week’s business news

Retailers buoyed by Boxing Day sales of $2.3 billion; the four mega-trends for 2020 beauty; direct-to-consumer beauty sales continue to soar; and Kylie Skin to debut in Europe.

Dec 16, 2019: Elisabeth King reports on this week’s business news

Prada inks new fragrance license with L’Oréal; Australian Retailers Association partners with Facebook; World's top 10 cosmetic exporting countries; and Adore Beauty gets intimate.

Dec 9, 2019: Elisabeth King reports on this week’s business news

$685 million expansion of Chadstone shopping centre; the natural look and dermo-cosmetics are key drivers of the APAC beauty market; Ulta Beauty's nine month sales reach US$5.1 billion; and beauty and personal care brands rate highly on Nielsen's breakthrough innovation 2019 rankings.

Dec 2, 2019: Elisabeth King reports on this week’s business news

Priceline launches Click-and-Collect for Christmas; Unilever, Henkel, Colgate-Palmolive and private equity firms shape up for US$7 billion auction to buy Coty Professional Beauty; L'Oréal ramps up global presence of SkinCeuticals; and Givaudan acquires Indena's cosmetics division.

Nov 25, 2019: Elisabeth King reports on this week’s business news

Australia predicted to be among top four international markets for Kylie Cosmetics; Australian Christmas spending to reach $52.7 billion; and MCM inks fragrance deal with Inter Parfums.

Nov 18, 2019: Elisabeth King reports on this week’s business news

L'Oréal and Estée Lauder both pull in more than AUD$209 million on record-breaking Singles' Day; China to overtake US as world's largest single beauty market; younger Australians fuelling Cyber Weekend sales; and Pitt Street Mall – World's seventh most expensive retail street.

Nov 11, 2019: Elisabeth King reports on this week’s business news

Kline Group analyses potential buyers for Coty Professional Beauty; nearly 2 million Australians have used buy-now-pay-later methods; SC Johnson makes second sunscreen brand acquisition of the year; and Walgreens Boots Alliance explores US$70 billion go-private buyout.

Nov 4, 2019: Elisabeth King reports on this week’s business news

Strong Q3 sales lift L'Oréal YTD revenues to UD$24.55 billion; Estée Lauder predicts a strong 2020 on double digit Q1 growth; media consolidation in the UK: Future acquires TI Media for AUD$262.89 million; and DIY health and fitness attract major investments from tech giants and fashion brands.

Oct 28, 2019: Elisabeth King reports on this week’s business news

Priceline sales top $2.1 billion; beauty drives Q1 2020 growth for P&G; Alibaba predicts more than 500 million users for Singles' Day 2019; and Australia's top four gift-giving personalities.

Oct 21, 2019: Elisabeth King reports on this week’s business news

La Perla launches beauty division; Unilever Q3 sales reach US$14.7 billion; Miniso to open 68 more new stores in Australia; and new Google for beauty search engine debuts.

Oct 14, 2019: Elisabeth King reports on this week’s business news

Global online beauty and personal care sales to reach US$60 billion; Ipsy poised for international expansion as sales reach US$500 million; Australian women more health-conscious than ever; and LVMH perfumes and cosmetics fuel record Q3 results.

Oct 7, 2019: Elisabeth King reports on this week’s business news

Alibaba Group to reach 2 billion global consumers; Halloween spending on the rise; world's top three natural and organic beauty markets; and hair makeup – the latest K-Beauty trend.

Sept 30, 2019: Elisabeth King reports on this week’s business news

Groupe Nuxe sells 45 per cent stake to Sofina; Firmenich acquires minority share in fragrance icon Robertet; Sephora gears up for Adelaide expansion; and regional health and wellness spas post 14 per cent growth.

Sept 23, 2019: Elisabeth King reports on this week’s business news

Global perfume market to reach US$70 billion; personal care and beauty appliances to hit value of US$30 billion; IFF-Lucas Meyer buys Swedish green beauty tech leader; and Marionnaud shutters all stores in Spain and Portugal.

Sept 16, 2019: Elisabeth King reports on this week’s business news

Global hair styling market to reach US$28 billion; over 10 per cent of Australian women use Buy Now, Pay Later services; South Korea's top 5 duty-free companies reach record sales of US$8.25 billion in first half; and natural fragrance trend to push floral extracts market to US$2.3 billion.

Sept 9, 2019: Elisabeth King reports on this week’s business news

Alibaba acquires rival Kaola for US$2 billion; Japanese print giant buys BASF's global pigments business for AU$1.86 billion; Experienced Capital takes 41 per cent stake in French beauty retailer and clean beauty brand; and Brazilian beauty titan purchases e-commerce platform Beleza na Web.

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