Author: Daniela Morosini
The taste-making US retailer will open a pop-up inside London’s Harvey Nichols and begin shipping to the UK on April 20 as it continues to grow its footprint.
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The premium body care maker will join the private equity firm’s portfolio, which also includes Olaplex and Parfums de Marly.
The Spanish owner of Byredo, Rabanne and Charlotte Tilbury and the American conglomerate confirmed on Monday that they are in discussions to combine their businesses.
Lower-priced beauty brands are feeling the pinch as fixed costs rise and customers reign in their spending. To grow, brands will need to rebuild creative muscle to improve product development and maximise marketing.
Jose Manuel Albesa will succeed Marc Puig, becoming the first non-family member to lead the Spanish conglomerate in more than 20 years.
Indie hair-care brands are tempting conglomerates with their next-gen products and fast-moving ethos, but the current big beauty landscape lacks a dominant player. Firms like Wella Company, Henkel and L’Oréal are all vying for the top spot.
Welcome back to Full Coverage.It’s Daniela Morosini covering for Priya Rao, who is on vacation this week. Firstly, did you guys see Sarah Pidgeon, star of “Love Story,” smouldering in the new Rhode campaign? At this point, it’s hard to tell if this brand simply nails the zeitgeist, or creates it itself.Now onto the other big news of the week.Estée Lauder Flexes Some M&A MuscleThis week, Estée Lauder Companies was in the headlines for its first acquisition since Deciem in 2021. The company announced on Thursday that it had signed an agreement to buy Forest Essentials, a premium Ayurvedic beauty…
Prestige cosmetics label Makeup by Mario has appointed Melissa Sperau to the role of global president, the company announced on Wednesday.Sperau was most recently president of Shiseido US, where she oversaw brands including Nars, Clé de Peau Beauté, and the Shiseido namesake line of skincare and cosmetics. Prior to joining Shiseido, Sperau worked at MAC Cosmetics for 19 years.Makeup by Mario was founded in 2020 by the celebrity makeup artist Mario Dedivanovic, and has become popular for its range of eye, complexion and lip products, which are sold direct-to-consumer and through retail partner Sephora. Dedivanovic leads the company as chief…
Kendal Ascher, an Estée Lauder Companies executive, has died, the company confirmed on Friday. He was 56.Ascher originally joined Estée Lauder Companies as an account executive, and worked there until his death apart from a stint working at L’Oréal in the aughts. Most recently, he was senior vice president and general manager of its luxury portfolio, overseeing La Mer, Tom Ford Beauty, Jo Malone London, Kilian Paris, Balmain Beauty and Frédéric Malle. An alumnus of the Fashion Institute of Technology, he was also a mentor for students in its cosmetics and fragrance marketing and management program.In an email, leaders from…