L’Oreal posts rise in sales despite challenging US market

By Reuters Published April 17, 2025 L’Oreal reported a 3.5% rise in like-for-like first-quarter sales on Thursday, beating expectations for slower growth, as strong demand for its face creams and perfume in Europe helped counter challenging conditions in the United States. Maybelline The French cosmetics group, which owns Maybelline makeup and Kiehl’s skincare, reported sales […]

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Hermès’ market value surpasses LVMH, which once tried to acquire it

By Bloomberg Published April 15, 2025 Hermès‘market capitalization surpassed that of rival LVMH, the conglomerate that once tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 years ago. Hermès overtakes LVMH in value—years after fending off takeover attempt. – Reuters Hermès International SCA’s […]

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Luxury industry’s ‘Trump boost’ was very short-lived

By Bloomberg Published April 15, 2025 The mini bling boom since the turn of the year is well and truly over. On Monday, LVMH reported first-quarter sales that missed expectations. No division generated growth. Each one underwhelmed. The crucial fashion and leather goods unit reported a 5% decline in sales, excluding currency movements, far below the 0.6% slide […]

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Reliance holds first ‘House of Sephora’ event in India

Reliance Brands Limited held its first ‘House of Sephora‘ beauty event in India at Mahalaxmi, Mumbai to engage shoppers and launch a range of international products.  The staging area for Sephora’s event, which it has also held in locations including Hong Kong and Thailand – Harshad Chavan – Facebook “Beauty’s biggest moment has arrived,” announced […]

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Chloé held a carnival in Mumbai to launch L’Eau de Parfum Intense in India

Chloé hosted a Holi-themed carnival in Mumbai to introduce L’Eau de Parfum Intense to the Indian market. Held at Zerua in Worli, the event blended Parisian aesthetics with Indian festive elements, offering an immersive experience to showcase the fragrance’s floral composition. Chloé’s Mumbai perfume launch brought together the metro’s influencers and scent enthusiasts – Makeup […]

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Ajmal Perfumes opens fragrance store in Oberoi Mall

Fragrance brand Ajmal Perfumes has opened a new brick-and-mortar outlet in Mumbai’s Oberoi Mall in Dindoshi. The store offers the brand’s range of men’s and women’s fragrances to shoppers across Goregaon. Inside Ajmal Perfumes’ new Mumbai store – Oberoi Mall- Facebook “Ajmal Perfumes has mastered the art of creating timeless scents that captivate memories,” announced Oberoi […]

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“Sephora Kids” are on the rise as tweens get seriously into skincare

By AFP-Relaxnews Published Feb 12, 2024 A growing number of kids between the ages of 10 and 14 are showing a keen interest in beauty products, and their skincare routines are sometimes comparable to those of adults. In the United States, these young girls’ obsession with skincare is such that they’ve been dubbed “Sephora Kids.” […]

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Bernard Arnault in witty mood at LVMH results’ presentation

Translated by Nicola Mira Published Jan 29, 2024 Last Thursday, a few seconds after 6 pm CET, as soon as trading at the Paris Stock Exchange closed for the day, luxury tycoon Bernard Arnault took to the conference room stage at the LVMH group’s headquarters in Paris, at 50 Avenue Montaigne. FNW/DM Arnault, who took […]

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Anca Marola appointed global chief digital officer at Sephora

Translated by Roberta HERRERA Published Jan 17, 2024 Starting February 12, Anca Marola will step into the position of new global chief digital officer at Sephora. Within the selective perfumery division of the LVMH group, she will work under the leadership of Guillaume Motte, CEO of Sephora, and will succeed Marc Abergel. Abergel had been […]

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