On April 24, Unilever announced that its underlying sales rose by 3.0% in the first quarter of 2025 compared to the same period last year.
Beauty
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On April 17, L’Oréal announced its financial results for the first quarter of fiscal year 2025. The company reported sales of €11.73 billion, marking a 4.4% increase year-over-year and a like-for-like growth of 3.5%, excluding currency and structural effects.
On April 4, Hailey Bieber, the model-turned-entrepreneur, was reported to be considering the sale of her viral beauty brand Rhode, according to Reuters.
Reality star and entrepreneur Paris Hilton has officially announced the launch of her latest skincare brand, Parívie.
On March 27, U.S.-based luxury cosmetics brand Hourglass opened its long-awaited global flagship store in the NoLita neighborhood of New York City.
On March 21, SKIMS officially announced the acquisition of the majority stake in SKKN by Kim held by Kardashian, as well as the 20% minority stake previously owned by global beauty giant Coty Inc.
On March 13, U.S. beauty retail giant Ulta Beauty announced its financial results for fiscal year 2024, outlining plans to accelerate business reforms in response to slowing sales growth.
On February 27, L’Oréal Groupe announced the official opening of its North America Research & Innovation (R&I) Center in Clark, New Jersey, following a $160 million investment.
In fall 2025, Louis Vuitton will unveil ‘La Beauté Louis Vuitton’, a new addition to its beauty category.
On February 27, Spanish luxury fragrance and fashion company Puig announced its full-year financial results for 2024, reporting total revenue of €4.79 billion.