Cosmetics Industry

L'Oreal to buy luxury cosmetics brand Aesop in $2.5 billion deal

At L'Oreal, Aesop joins a cast of luxury brands such as Lancome and Yves Saint Laurent as the French company bets on a continued drift toward high-end cosmetics

Online cosmetics retailer Nykaa's Q2 net more than doubles to Rs 5.2 cr

Revenue for the quarter was up 39% YoY to Rs 1,230.8 crore

Rise of cosmetic dermatology space gets big pharma looking for buyouts

According to reports, Torrent Pharmaceuticals is set to sign a deal to acquire Curatio Healthcare, a maker of skincare products, for Rs 2100 crore.

Cosmetics firm L'Oreal ties up with Nasscom to innovate business operations

Joint initiative to explore potential application of AI, ML IoT and AR/VR in cosmetics and dermatology, and product development and personalisation at L'Oreal

German skincare brand Sebamed cuts prices, to use sachets for Indian market

The brand usually caters to premium consumers in personal care and baby care and it is a recent entrant in India

Beauty brand RENEE Cosmetics raises $10 mn in funding by Mensa brands

RENEE Cosmetics plans on utilising funds majorly in strengthening the brand presence and widening offline presence.

We are close to doubling revenue in FY22: Mamaearth CEO Varun Alagh

On Saturday, Mamaearth became the first start-up to enter the unicorn club in 2022 with a $52 million fundraise

'Anti-aging freak' gets $817 million haul in Japan's hottest stock

Kiyoshi Matsuura was so worried about growing old that he used anti-baldness treatment as a teenager: it's an obsessions reaping him profits

L'Oreal turns to Google as coronavirus spurs virtual make-up shift

Shoppers searching Google for cosmetics will be able to try them on virtually through a deal with L'Oreal, as the French group looks to make up for lost store sales caused by coronavirus lockdowns

Indian cosmetics industry to touch $35 bn by 2035: Assocham

The herbal cosmetic industry is expected to grow at 12% in India