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Listed beauty groups averaged 4.2% weighted like-for-like growth in Q1 26, but this masks a real divide. Half the peer group grew meaningfully while the other half was flat or in decline. I reckon that the differences partially come down to three variables: category mix, China exposure, and proximity to the Middle East conflict.
L’Oréal commanded more social media and search attention over the past twelve months than the next ten beauty groups combined.
Last week in beauty, L’Oréal is off to a strong year start with sales up 6.7% in Q1 26.
Interparfums Inc. reported first-quarter sales of $345 million, up 2% at current rate but down 2% organically once you back out the war in the Middle East.
Last week in beauty saw record profits for some and tough quarters for others. From AI bets to IPO rumors, here’s the breakdown.
Interparfums has further expanded its perfume portfolio by securing the licenses for Nautica and David Beckham. Interparfums targets annual sales surpassing $50m for David Beckham and $70m for Nautica. These acquisitions represent a bet on mass-market appeal and brand legacy.
Interparfums has reported full-year 2025 revenue of €918 million at constant exchange rates, representing organic growth of 4.3%. On a reported basis, revenue reached €899 million, a 2.1% increase, weighed down by significant dollar weakness.