Companies
Ownership, financing, transactions, leadership, and performance signals that change how a beauty company can operate.
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In Fragrance, Estée Lauder Finds a New Foothold
Estée Lauder's fragrance unit grew 10 percent organically in fiscal 2026, pushing Jo Malone and Tom Ford into its billion-dollar brand tier. The gains mask a stalled makeup recovery, tariff costs near $102 million, and an unresolved review of whether to sell or keep Too Faced, Smashbox and Dr. Jart+.
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Margo Marrone Buys Back The Organic Pharmacy After Years of Flat Sales Under Italian Ownership
Margo Marrone has reacquired majority control of The Organic Pharmacy from Italy's Istituto Ganassini, just months after the Italian owner installed a new general manager to drive international expansion. Sales data shows the brand shrank under Ganassini's seven years of ownership.
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Proya's Revenue Keeps Climbing. Its Profit Keeps Shrinking.
Proya's third-quarter revenue rose 29.8 percent but profit fell by double digits on marketing spend, extending a year-long pattern of growth masking margin erosion as the Chinese beauty group pushes into Ulta Beauty and eyes European acquisitions.
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BolognaFiere Cosmoprof Takes Majority Stake in Aestetica Beauty & Wellness Exhibition
BolognaFiere Cosmoprof has bought a controlling share of Aestetica Beauty & Wellness Exhibition, extending its trade fair footprint into southern Italy's professional beauty market.
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Galderma Agrees to Buy ZO Skin Health From Blackstone
Galderma has signed a deal to buy ZO Skin Health from Blackstone Tactical Opportunities, a brand founded by Dr. Zein Obagi that posted about $330 million in sales over the year to June 2026.
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Symrise Bets on Singapore Hub to Speed Asian Fragrance Development
Symrise is using a Singapore scent center to combine fragrance, cleansing research and customer testing in one workflow, targeting faster Asian briefs. The move follows softer Scent & Care margins.
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Beauty Dealmakers Reorder Portfolios Around Health-Led Brands
Beauty M&A is concentrating on scalable brands where personal care meets health, from dermocosmetics to supplements and feminine care. Private equity and strategic buyers are taking different routes to growth.
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Weston Family Buys Boots From Sycamore Partners for $8.9 Billion
Canada's Weston family, owners of Loblaw and Shoppers Drug Mart, agreed to buy Boots from Sycamore Partners and the Pessina family for $8.9 billion. The deal ends a short, fast breakup of Walgreens Boots Alliance that began with Sycamore's 2025 take-private.
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Victoria Beckham's First Profit Arrives With a $700 Million Sale Process Attached
Victoria Beckham Holdings just posted its first-ever operating profit, powered by beauty, right as Rothschild shops the whole company at a reported $700 million valuation.
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Ushopal Puts a Number on Its Global Ambitions, and a Timeline on Remaking Payot
Ushopal Group disclosed its global retail value for the first time, nearly 200 million euros, as the Chinese beauty house lays out a five-part plan to cut China's share of revenue to roughly 35-40%.
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Behind L'Oréal Professionnel's Fashion-Week Bet: A Record Division Rewiring Its Salon Strategy
L'Oréal Professionnel's Paris Fashion Week push, four shows including Courrèges and Mugler, is less a marketing flourish than a stress test tied to a bigger channel strategy for a division that just topped 5 billion euros in sales.
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Estée Lauder's UK 'Growth Story' Is Doing a Lot of Work for a Company Still Cutting Jobs
Estée Lauder's UK boss talks up TikTok Shop and "growth levers," but the upbeat framing sits atop a global restructuring cutting up to 13,000 jobs and an unresolved China travel-retail slump.
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EU Clears Partners Group's Takeover of Aroma-Zone's Majority Stake from Eurazeo
The European Commission approved Partners Group's purchase of Eurazeo's majority stake in French beauty retailer Aroma-Zone, with Eurazeo set to reinvest in the company.
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Interparfums Signs Puma to a 10-Year Fragrance License Through 2037
The licensing deal, disclosed in an SEC filing, hands Interparfums exclusive worldwide rights to develop and distribute Puma fragrances starting in 2027.
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Caudalie Group Buys Majority Stake in Talm, Its First Acquisition Ever
The French skincare group, backed by founders Mathilde and Bertrand Thomas, converts a 2022 minority investment into full control of maternity brand Talm.
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Wella Files for IPO as KKR Keeps a Stake in the Outcome
Wella's IPO filing shows $2.9B in fiscal 2026 sales, up 9.2%, and a swing to $62M net income, with KKR both the seller and an underwriter of the deal.
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Natura's Q2 profit craters as a software migration undercuts its Brazil turnaround
Natura &Co's net profit sank to 35 million reais in the second quarter, a roughly 92% drop, as an SAP system migration triggered stockouts and Brazil revenue fell nearly 15% even while the company's Spanish-speaking Latin American markets grew.
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Selkie secures four Dragons in £40,000 investment deal
Amersham chemist Cicely Coops asked for £40,000 for 12.5% of refillable haircare brand Selkie. All four Dragons invested, taking 20% between them.
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AMUSE Is the Only Growth Shinsegae International's Cosmetics Unit Has Left
AMUSE's new Bangkok stores are opening just as parent Shinsegae International posts a quarterly operating loss and its cosmetics division shrinks once AMUSE is stripped out, leaving one acquired brand to carry both the unit's growth and a 2028 revenue target it is not yet on pace to hit.
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Dries Van Noten Got a Hand Cream Line. Its Founder Got a Foundation Grant.
In April 2026, Puig extended the Dries Van Noten trademark into hand and body care at Byredo-level prices while separately signing a three-year funding deal with founder Dries Van Noten's independent nonprofit foundation, two moves that reveal how the group is managing the brand's value since his 2024 exit from the runway.
