Estée Lauder reports double-digit drop in sales in Asia, withdraws 2025 outlook As it prepares for a new CEO, the beauty giant shared a shaky outlook for the first quarter of the fiscal year 2025, despite growth in online sales and growing fragrance market share in Asia.
‘Wait and see’: How the US presidential election will impact the beauty market Tensions are running high in what is likely to be a close race between Vice President Kamala Harris and former President Donald Trump. But while beauty brands are caught between taking a political stand and remaining silent, that anxiety may not translate to short-term shifts in the market.
Jonathan Van Ness announced as Glossy Beauty x Wellness Summit speaker The JVN brand is at a turning point this year. After its original parent company, Amyris, declared bankruptcy in 2023, JVN was acquired by Windsong Global. Along with Pipette, the brand is now part of the Belle Brands umbrella. Amid an explosion of celebrity hair-care brands joining the market in...
Pop-Up Culture: How far will consumers go for free? Spending on experiential marketing is slated to surpass pre-pandemic levels for the first time. And with consumers starved for IRL experiences, so too are the long lines that accompany hyped-up free pop-ups from brands like Rhode. But when is the line worth it?
‘Wellness is all-encompassing’: Sakara Life wants to be more than a meal delivery company With its Sakara Experience program, the company wants to prove it can do more than deliver healthy meals — it can also offer a holistic lifestyle.
Exclusive: Digital-native perfume brand Commodity opens first retail store Commodity has found a dedicated audience on online forums like TikTok since relaunching in 2021. Now the brand faces a new challenge: connecting with consumers IRL in New York City's competitive retail landscape.
Fragrance remains a bright spot at LVMH amid luxury decline The French luxury conglomerate reported a 3% growth in perfume and cosmetics for the third quarter of 2024. But the fragrance boom may finally be waning.
Who’s winning the 40-plus beauty market? Changing cultural norms around aging have led to new beauty brands and social media creators targeting a 40-plus audience. But with high disposable incomes and little competition, the Gen X beauty consumer is still up for grabs.
Messi already sells everything from luxury bags to sneakers. Can he build a $100 million fragrance brand? The soccer legend has already conquered every milestone in sports. With his newest venture, he takes on a new challenge: the increasingly crowded celebrity fragrance category.