Tom Ford Beauty has revealed Angelina Jolie as the face of its Runway Lip Color in a new campaign, which sees the Hollywood star serve as the brand's first-ever celebrity face.

LVMH-owned beauty retailer Sephora is cutting its workforce in China, the company said on Wednesday, as consumers curb their spending on creams and make-up in the world's No. 2 economy.

Coty missed quarterly revenue expectations on Tuesday, impacted by its divestiture of Lacoste fragrance license and controlled orders from cautious retailers, which weighed on growth in prestige and mass-market perfumes.

Estee Lauder forecast annual profit and sales below estimates as the global beauty market struggles with slowing demand mainly in the China market and said CEO Fabrizio Freda was retiring after nearly 16 years.

German perfume and cosmetics retailer Douglas is betting on the European premium beauty market to keep driving growth, it said on 14 August after reporting higher earnings for its fiscal third quarter.

E.l.f. Beauty forecast annual sales and profit below estimates on 8 August and said it would raise prices of its products if presidential candidate Donald Trump comes to power and hikes tariffs on imports from China.

When the economy takes a turn for the worse, consumers choose affordable treats such as cosmetics. That’s been the wisdom since 2001, when Leonard Lauder, then chairman of Estee Lauder Cos, coined the 'Lipstick Index'.

Japanese cosmetics powerhouse Shiseido fell by its daily limit in Tokyo trading on Thursday following midyear earnings that were hit by restructuring costs and slumping demand in China.

Nivea maker Beiersdorf missed expectations for half-year operating profit on Wednesday, and said the luxury market slowdown in China had hit the sales of its La Prairie brand.

French cosmetics company L'Oreal is to acquire a 10% stake in Swiss skin care firm Galderma, the two companies said on Monday.

The Chinese beauty market will stay "slightly negative" in the second half, L'Oreal CEO Nicolas Hieronimus said on Wednesday, after the French company reported slower than expected growth in the second quarter.

A prolific fashion and beauty products shoplifter has finally been jailed for 10 years. And it’s taken almost 10 years to bring Narinder Kaur to justice.

Clean beauty brand Winky Lux announced on Tuesday it has received a majority investment from Core Industrial Partners.

If the recent decision not to sell UK health & beauty giant Boots wasn’t indication enough, US owner Walgreens this week reaffirmed its plans for the retailer, labelling the brand as “very important” to the business.

UK digital department store Debenhams is to be the exclusive Retail Partner for The Beauty Awards 2024, to held on 25 November.

Procter & Gamble (P&G), the American giant known for brands such as Ausonia, Tampax, Pantene, and Ariel, closed its fiscal year with a net profit of $14.879 billion (€13.730 billion).