Briefing

The latest published updates from across the beauty industry.

7/24/2026, 16:29:11

LVMH Group appoints new CEO of its perfume division

On 2026 year 7 month 23 day, global luxury giant LVMH officially announced a personnel change in its perfume division, appointing a new chief executive officer to lead the future development of this business segment. This appointment marks an important adjustment in LVMH's management structure for its core beauty category. As one of the world's largest luxury groups, LVMH owns well-known perfume brands such as Dior, Guerlain, and Givenchy, and its perfume and cosmetics division has always been a key driver of the group's growth. In recent years, with intensifying competition in the global high-end fragrance market and rising consumer demand for personalized and sustainable products, the perfume business faces new opportunities and challenges. Industry analysis points out that this top-level leadership change aims to further strengthen brand innovation capabilities, optimize global supply chain efficiency, and deepen strategic layout in Asia-Pacific and emerging markets. Although the official announcement did not disclose detailed background of the new CEO or immediate strategic details, the market generally expects the new leadership to focus on digital transformation, high-end customization services, and the application of environmentally sustainable raw materials. This personnel change also reflects LVMH's emphasis on the long-term value of the beauty segment, intending to consolidate its leading position in the high-end perfume market through a more professional management team. This appointment is expected to have a profound impact on the group's internal operational processes and external partner relationships. The industry will closely watch the new executive's first major initiatives after taking office, including whether there will be new brand acquisition plans or restructuring of existing product lines. In the current global economic environment, LVMH's renewal of talent in key positions demonstrates its determination to respond to market fluctuations and ensure sustained growth. The change takes effect immediately, and related transition work has been carried out in an orderly manner within the group.

7/24/2026, 16:28:37

Prequel Skin appoints Nathalie Kristo as CEO and Toral Patel as CMO

Prequel Skin, a dermatologist-developed skincare brand founded by board-certified dermatologist Dr. Samantha Ellis, announced today the appointment of Nathalie Kristo as Chief Executive Officer (CEO) and Toral Patel as Chief Marketing Officer (CMO). This senior leadership change aims to accelerate the brand's global growth strategy for its next phase. Nathalie Kristo brings deep management experience and extensive industry resources in the beauty and personal care sector, having previously held leadership roles at several well-known beauty companies, with expertise in driving brand scale expansion and improving operational efficiency. Toral Patel is an experienced marketing specialist focused on digital marketing strategies, brand building, and consumer insights, having successfully led digital transformation and market penetration projects for multiple beauty brands. Since its inception, Prequel Skin has built a strong reputation in the sensitive skin care niche through its professional endorsement of "dermatologist-developed" formulations and gentle yet effective product recipes. As consumer demand for ingredient safety and science-based skincare continues to grow, the brand urgently needs to expand its market share by strengthening its commercial operations and marketing capabilities. The addition of the new CEO and CMO is expected to further enhance Prequel Skin's competitiveness in supply chain management, omnichannel layout, and global brand communication. Industry analysis points out that in recent years, "medical-research co-creation" or "dermatologist endorsement" has become an important path for differentiation among skincare brands. Prequel Skin's introduction of an executive team with mature commercialization experience marks the brand's transition from a product R&D-driven model to a dual-engine model of "R&D + Commerce." This move not only helps consolidate its position in the professional skincare field but also prepares it to address the increasingly fierce market...

7/24/2026, 16:28:26

Givaudan's net profit in the first half of 2026 fell by 19.8%, with growth in the Fragrance & Beauty business offsetting part of the pressure

Global fragrance and flavor giant Givaudan recently announced its financial results for the first half of 2026. The data shows that despite multiple challenges including macroeconomic fluctuations, a strengthening Swiss franc, and one-off legal expenses, the company's overall revenue remained resilient, but net profit declined significantly. The financial report indicates that Givaudan's sales in the first half increased by 3.6% year-on-year at constant exchange rates, reaching 37.99 hundred million Swiss francs; however, when valued in Swiss francs, it decreased by 1.7%. Among them, the Fragrance & Beauty business performed strongly, growing by 6.5% at constant exchange rates, becoming the core driver of the company's performance; the Taste & Wellness business saw only a slight increase of 0.5%. From a regional perspective, sales in high-growth markets increased by 5.2% year-on-year, while mature markets grew by 2%. However, profitability was squeezed. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) fell by 5.2% year-on-year to 9.23 hundred million Swiss francs, with the profit margin narrowing from 25.2% to 24.3%. Affected by abnormal legal expenses of 1.03 hundred million Swiss francs (mainly involving litigation settlements and provisions), net profit in the first half plummeted by 19.8% year-on-year to 4.75 hundred million Swiss francs, and the net profit margin dropped from 15.3% to 12.5%. Earnings per share also decreased by 9.7%. Givaudan CEO Christian Stammkoetter stated that despite challenging geopolitical and macroeconomic environments, the company's business still demonstrated good growth momentum and industry-leading profitability. To cope with rising input costs in 2026, the company is implementing price increase strategies. Affected by the decline in net profit, Givaudan's stock price once fell by 6% after the release of the financial report. Analysts pointed out that although the robust performance of the Fragrance & Beauty business alleviated some pressure, legal costs and exchange rate factors clearly dragged down short-term financial performance, and investors need to pay attention to its subsequent cost…

7/24/2026, 16:28:14

Proya appoints Liao Feng and Wang Huaihai as Deputy Director of the R&D Innovation Center and Product Director, respectively.

On 7 month 23 day, Proya announced two important personnel appointments: former Shiyin Group R&D partner Liao Feng has been appointed as the company's Deputy Director of the R&D Innovation Center, and former Shangmei Group Scientific Communication Director Wang Huaihai has been appointed as Product Director. This move aims to further strengthen the company's technical R&D capabilities and scientific communication abilities in the field of efficacy-based skincare. It is reported that Liao Feng will be primarily responsible for building the technical system for the professional skincare brand Kerefu. He has more than ten years of experience in cosmetic efficacy evaluation and product R&D, participated in the formulation of 25 group standards for cosmetic efficacy testing and assessment, and previously worked at the Cosmetic Testing Center of Sichuan West China Hospital and the Amway (China) R&D Center. Notably, Liao Feng's colleague from his time at Shiyin Group, Sun Peiwen, had previously joined Proya as Chief R&D Innovation Officer, demonstrating the synergistic effect of leading domestic beauty enterprises in attracting high-end R&D talent. Wang Huaihai will leverage his expertise in scientific communication on the product side. He accumulated rich experience at international giants such as L'Oréal and Unilever, and joined Proya after leaving Shangmei Group in 1 month this year. His addition is expected to enhance Proya's professionalism in scientific product expression and consumer communication. This recruitment is a microcosm of Proya's continued deepening of its "technology-driven brand" strategy. Currently, Proya's global R&D team has reached 322 people, with those holding master's or doctoral degrees accounting for 41.61%, and it has established R&D centers in Hangzhou, Shanghai, Paris, and other locations. With the addition of senior professionals such as Liao Feng and Wang Huaihai, Proya is expected to consolidate its mass-market base while further expanding into the high-efficacy skincare market by strengthening the technical barriers of professional brands like Kerefu, thereby enhancing the brand's overall competitiveness.

7/24/2026, 16:27:37

Pien Tze Huang's revenue and net profit both declined in 2025, with a proposed cash dividend of 15.7 yuan for every 10 shares.

On 7 month 23 day, Zhangzhou Pien Tze Huang Pharmaceutical Co., Ltd. (600436) released its 2025 annual report and announcement on the implementation of equity distribution. The financial report shows that the company achieved total operating revenue of 90.01 hundred million yuan in 2025, a year-on-year decrease of 16.56%; realized net profit attributable to shareholders of the listed company of 21.59 hundred million yuan, a year-on-year decrease of 27.49%; and basic earnings per share of 3.58 yuan, down from 4.93 yuan in the same period last year. Despite performance pressure, Pien Tze Huang maintained a high dividend payout ratio. The company's announcement shows that the 2025 equity distribution plan is: based on the total share capital of 60331.72 ten thousand shares, a cash dividend of 15.70 yuan (including tax) will be distributed for every 10 shares to all shareholders, with a total cash dividend of 9.47 hundred million yuan, accounting for 43.88% of the net profit attributable to parent company shareholders in the same period. No bonus shares will be issued, nor will capital reserves be converted into share capital. The record date for equity registration is set as 2026 year 7 month 30 day, and the ex-rights and ex-dividend date is 2026 year 7 month 31 day. Pien Tze Huang's main business covers pharmaceutical manufacturing, pharmaceutical circulation, and the cosmetics industry, with core products including medications for liver diseases and cardiovascular and cerebrovascular conditions. The dual decline in revenue and net profit reflects the operational challenges the company faces against the backdrop of macroeconomic changes and intensified industry competition. However, allocating nearly half of its profits to dividends demonstrates management's strategy of prioritizing shareholder returns even during periods of earnings volatility, aiming to boost investor confidence through stable cash dividends. For the beauty and daily chemicals sector, as a traditional pharmaceutical enterprise with a well-known cosmetics business line, Pien Tze Huang's performance fluctuations also reflect the market uncertainty faced by cross-industry brands when seeking a second growth curve beyond their core pharmaceutical business. In the future, how to balance the stability of the main business with the growth potential of emerging businesses will remain a key focus for the company.

7/22/2026, 16:07:09

Tongrentang Group applies for compulsory liquidation of a cosmetics subsidiary established over 20 years ago

On 7 month 21 day, according to an announcement on the National Enterprise Bankruptcy Reorganization Case Information Network, the Beijing First Intermediate People's Court ruled to accept the compulsory liquidation application filed by China Beijing Tongrentang (Group) Co., Ltd. (hereinafter referred to as "Tongrentang Group") against Beijing Tongrentang Cosmetics Co., Ltd. (hereinafter referred to as "Tongrentang Cosmetics"). This move marks a major strategic adjustment or business contraction by this century-old pharmaceutical company in the beauty sector. Tianyancha data shows that Tongrentang Cosmetics was established on 2005 year 12 month 6 day, with Tongrentang Group holding 51% and Guoxing Group Co., Ltd. holding 49%. Its business scope includes the research and development and wholesale of beauty and cosmetic products. The company has launched brands such as Liyanfang and Yizhuang, covering multiple categories such as cleansing and care, and facial masks, but its market recognition is relatively limited. It is worth noting that the company's business term expired on 2025 year 12 month 5 day, and it was recently included in the list of abnormal business operations for failing to publish its annual report on time. Looking back, Tongrentang Cosmetics has faced compliance challenges multiple times. In 2018 year, the company was fined 80 ten thousand yuan for using an unregistered trademark as a registered trademark; in 2019 year, it was subject to administrative penalties for refusing health supervision and selling special-purpose cosmetics without approved document numbers. In 2022 year, a hair mask it commissioned for production was reported by the National Medical Products Administration as not meeting regulations, although the relevant parties denied this. Frequent violation records and quality issues have led some market views to regard its products as "private label" operations. This compulsory liquidation is not an isolated event. Previously, Tongrentang Group had announced a brand cleanup campaign to comprehensively investigate illegal and non-compliant behaviors in brand usage. Analysts believe that Tongrentang Group's divestiture of a long-standing but mediocre-performing and high-compliance-risk cosmetics subsidiary reflects the strategic retreat and restructuring of traditional pharmaceutical brands in the cross-border beauty field from extensive expansion to refined and compliant operations. As of press time, Tong...

7/21/2026, 23:56:19

Wipro Consumer Care plans to acquire the Philippines-based S Brands to expand its Southeast Asian market

Indian fast-moving consumer goods giant Wipro Consumer Care recently announced its plan to acquire S Brands, a personal care company headquartered in the Philippines. This transaction aims to further enrich Wipro's personal care product portfolio and significantly strengthen its business layout and brand influence in the Southeast Asian market. S Brands has a mature distribution network and a certain market share in the Philippines, with its product line covering multiple personal care categories. By integrating S Brands' resources, Wipro Consumer Care expects to accelerate its penetration rate in key Southeast Asian markets and achieve rapid business expansion by leveraging existing local channel advantages. This move aligns with Wipro's overall direction of continuously promoting its internationalization strategy and seeking growth points in emerging markets in recent years. From an industry perspective, the Southeast Asian region has become a strategic highland contested by global beauty and personal care enterprises due to its large population base and growing middle-class consumer group. For multinational corporations, acquiring well-known local brands or distributors is often one of the most efficient ways to enter this region. Wipro's move not only helps it avoid the channel construction barriers in the early stage of entering new markets, but also enables it to reach target consumers more precisely through localized operations. At present, the specific amount of the transaction and the final closing time have not been disclosed, and it is expected to require approval from relevant regulatory authorities. If the transaction is successfully completed, Wipro Consumer Care will occupy a more favorable position in the competitive landscape of the Asia-Pacific market, and it may also trigger further consolidation actions by other international fast-moving consumer goods giants in the Southeast Asian region. The industry will closely monitor the brand integration strategy and the release of synergies following this acquisition.

7/21/2026, 23:56:15

South Korean beauty brand Jung Saem-mool will enter US Sephora in 8 month

Jungsaemmool, the eponymous beauty brand founded by renowned South Korean makeup artist Jung Saem-mool, announced that it will officially launch on US Sephora (Sephora US) on 2026 year 8 month 21 day. This collaboration covers online channels and 37 offline stores across the United States, after which the brand plans to enter the Canadian Sephora market. This marks another significant breakthrough for the brand in mainstream US retail channels following its entry into Amazon, Costco, and Ulta Beauty. Jung Saem-mool stated that the United States holds special significance for her career; she studied fine arts in San Francisco in her early years, an experience that fostered her unique style of integrating artistic concepts into makeup creation. This entry into Sephora is regarded as a milestone in the brand's internationalization process. To support the new product launch, Jung Saem-mool plans to hold educational events in cities such as New York and Los Angeles to educate American consumers on how to use products like cushion foundations, which are widely popular in South Korea. The first batch of products entering Sephora includes the Essential Skin Nuder Cushion foundation priced at 32 dollars, the Artist Cusher Blush Blur blush priced at 23 dollars, the Essential Mool Cream face cream priced at 36 dollars, setting spray priced at 35 dollars, and lip tint priced at 26 dollars. The brand was established in 2015 year with the original intention of providing more inclusive shade options for Asian women. In terms of capital, Jungsaemmool received 3600 ten thousand dollars in financing from CLSA Capital Partners last year to support international expansion. This financing brought the brand's valuation to 3000 hundred million won (approximately 2.19 hundred million dollars), with estimated annual sales of about 1100 hundred million won. Analysts point out that with...

7/21/2026, 13:54:12

AliExpress was fined 5.5 hundred million euros for violating the EU Digital Services Act

[Breaking News] The European Commission recently announced a fine of 5.5 hundred million euros (approximately 6.29 hundred million US dollars) on AliExpress, the cross-border e-commerce platform under Alibaba. The penalty was imposed because AliExpress failed to effectively fulfill its obligations under the EU Digital Services Act (DSA), resulting in the long-term presence of illegal, unsafe, and counterfeit products on its platform. Regulatory investigations revealed significant gaps in AliExpress's risk assessment and mitigation mechanisms, failing to effectively block non-compliant products including counterfeit goods, unsafe toys, and hazardous cosmetics. Furthermore, regulators pointed out deficiencies in the platform's product review, ad delivery, and recommendation algorithm systems, as well as insufficient brand authorization procedures and enforcement against repeat offenders. In response to this ruling, AliExpress stated it would appeal, arguing that it has made significant improvements to its risk management framework. According to EU requirements, AliExpress must propose additional remedial measures by month 10, or face further regulatory action. This substantial fine marks a significant strengthening of the EU's enforcement of online market compliance. For the beauty industry, this event has profound implications. It sends a clear signal to all cosmetic brands selling through third-party platforms: e-commerce platforms must strengthen product safety reviews and anti-counterfeiting mechanisms, and improve market governance structures. Brands need to reassess the compliance risks of their cross-border distribution channels and ensure supply chain transparency to cope with the increasingly strict global regulatory environment.

7/21/2026, 13:53:47

GS Global partners with Cosme Kitchen to enter the Japanese beauty distribution market

On 2026 year 7 month 21 day, global trading company GS Global officially announced its entry into the beauty distribution sector. Through a partnership with Japanese high-end beauty retailer Cosme Kitchen, GS Global launched three Korean beauty brands in the Japanese market: Jejuindi, Talitha Koum, and Pretty Actually. This move marks the commercial debut of GS Global's global beauty distribution business. The project was jointly developed by GS Global and its Japanese subsidiary GS Japan. Cosme Kitchen is a high-end retail chain brand operated by MASH Beauty Lab, with approximately 70 stores in Japan, providing important offline channel support for this collaboration. GS Global stated that this launch is the first step in building a global beauty distribution platform, aimed at supporting the international expansion of Korean independent beauty brands. The company will be responsible for the full commercial operation, covering brand selection, export, regulatory compliance, import operations, inventory management, and sales data analysis. In the future, GS Global plans to expand this distribution model to markets such as Europe, the Middle East, and Indonesia. Industry analysis points out that GS Global's entry means it has officially entered the global beauty supply chain. Leveraging its existing global trade network, GS Global positions itself as a distribution and market access partner for emerging K-beauty brands, helping to lower the barriers and risks for Korean small and medium-sized brands going overseas. For the Japanese market, introducing more diverse Korean independent brands is expected to further enrich the product structure of high-end beauty retail and intensify market competition. This trend also reflects the integration trend of the global beauty supply chain...

7/21/2026, 13:53:35

Kering Group appoints Romain Spitzer as CEO of Bottega Veneta; La Perla’s new CEO is also announced

[Breaking News] The global luxury and textile industries have recently seen multiple senior leadership changes. Kering Group officially announced the appointment of Romain Spitzer as Chief Executive Officer of its brand Bottega Veneta, and he will join the Group’s Executive Committee. This appointment will take effect on 9 month 1 day. Spitzer is based in Milan and reports directly to Luca de Meo, Chief Executive Officer of Kering Group. Spitzer previously served as Chief Executive Officer of Fragrance Group under LVMH Group, with more than 30 years of industry experience, having held positions at well-known brands such as Guerlain, Jean Paul Gaultier Parfums, YSL Perfumes, and Dior Perfumes. Kering Group emphasized his extensive experience in managing global luxury brands. Upon taking office, Spitzer’s core tasks will focus on optimizing the retail experience and deepening customer relationship building. Luca de Meo stated that Spitzer possesses the leadership, vision, and international experience needed to drive Bottega Veneta into its next stage of development. Meanwhile, Italian lingerie brand La Perla also announced its new Chief Executive Officer, Alessio Vannetti, who will officially join on 9 month 1 day. Vannetti previously handled branding and communications for brands such as Gucci, Valentino, Prada, and Zegna. This appointment marks a further step forward in La Perla’s restructuring process following its acquisition by Luxury Holdings LLC. The new owners, Peter and Kristen Kern, have re-hired artisans to maintain the “Made in Italy” production standards. Vannetti will succeed Paolo Vannucchi, who will continue to serve in strategic…

7/21/2026, 13:53:32

Proya completes its controlling stake in Flower Knows and takes over the board of directors

The latest data from Tianyancha shows that Shenzhen Flower Knows E-Commerce Co., Ltd. has undergone several changes in senior management. Yang Zifeng, founder of Flower Knows, has stepped down as chairman but continues to serve as the company's manager and director; Hou Yameng, general manager of Proya, has officially assumed the role of chairman of Flower Knows. In addition, Zhou Tiancheng, co-founder of Flower Knows, has withdrawn from the board of directors, and Fang Gong Yiliu, chief marketing officer, has stepped down as supervisor; Jin Chang, financial controller of Proya, has taken on the aforementioned related positions. This adjustment in governance structure marks a further consolidation of Proya's control over Flower Knows. Previously, Proya had achieved a controlling stake in Flower Knows through step-by-step acquisitions. In 2025, Proya's wholly-owned subsidiary, Proya (Hainan) Investment Co., Ltd., invested 4.28 hundred million yuan to acquire a 38.45% equity stake in Flower Knows. Subsequently, in 2026 year 5 month, Proya acquired a 12.54% equity stake held by Yang Zifeng for another 3.51 hundred million yuan, raising its cumulative shareholding to 51%, thereby formally including Flower Knows within the scope of Proya's consolidated financial statements. As a domestic cosmetics brand focusing on a "girly" style, Flower Knows has established high recognition among young consumer groups through its unique visual marketing. Through this full ownership and board restructuring, Proya aims to deepen synergies between the two parties in supply chain, channel resources, and brand operations. Industry analysts believe that with the integration of management teams, Flower Knows is expected to leverage Proya's mature R&D system and multi-brand operational experience to accelerate product iteration and market expansion, becoming a new pillar of performance growth for the Proya Group. This move also reflects the strategic trend of leading beauty companies acquiring and integrating high-quality assets in niche segments to cope with increasingly fierce market competition.

7/16/2026, 23:35:18

Curology and Walmart reach retail partnership to expand nationwide coverage of prescription acne care

Personalized prescription skincare brand Curology announced a first-of-its-kind retail partnership with Walmart, aiming to bring prescription-grade acne care products to Walmart stores nationwide and online channels. This move marks an important expansion of Curology from a direct-to-consumer online model to an omnichannel layout, leveraging Walmart's extensive retail network to improve the accessibility of prescription skincare solutions. The partnership will first launch Curology's customized prescription acne formulas in select Walmart stores, where consumers can obtain professional skin assessments and personalized products through in-store pharmacies or online platforms. Industry analysis suggests that this partnership aligns with growing consumer demand for convenient, professional skincare, while providing a new example for prescription skincare categories entering mass retail channels, and may promote deeper integration of more DTC brands with large retailers in the health and personal care sector.

7/16/2026, 23:34:56

David Beckham health brand IM8 receives 10 hundred million US dollars growth financing

The health brand IM8, co-founded by former footballer David Beckham and health science company Prenetics, recently received 10 hundred million US dollars growth financing from Customer Value Fund under venture capital firm General Catalyst. The financing will cover IM7 70% of marketing expenditure, aiming to expand the customer base. General Catalyst will receive a capped share based on customer revenue obtained through the financing, and after the investment and return costs are recovered, IM8 will retain all customer value. Prenetics stated that this cooperation model provides a "third path" beyond equity financing and profit reinvestment, without diluting equity, sharing risks, and with funds specifically used for customer acquisition, repaid only from revenue generated by customers. IM8 was launched in 2024 12, featuring subscription-based supplement drinks Daily Ultimate Essentials and Daily Ultimate Longevity, reportedly with annualized recurring revenue already reaching 2 hundred million US dollars. Prenetics CEO and IM8 co-founder Danny Yeung pointed out that for every 1 US dollar of customer acquisition cost invested, it can bring 1.44 US dollars of gross profit, and this figure is rising month by month. This financing will help IM8 increase brand and marketing investment, while retaining Prenetics' cash for product innovation and clinical research, which has demonstrative significance for the growth model of the health supplement industry.

7/16/2026, 23:07:23

Kering appoints LVMH Beauty & Fragrance division head as new CEO of Bottega Veneta

Kering announced on 7 month 15 day that it has appointed Romain Spitzer, President and CEO of LVMH's Beauty & Fragrance division, as the new Chief Executive Officer of its brand Bottega Veneta, succeeding Bartolomeo Rongone, who left at the end of 3 month. Spitzer will officially take office on 9 month 1 day, reporting directly to Kering CEO Luca de Meo. Spitzer has extensive experience in the luxury industry, starting at Guerlain in 1995 year, having worked in the fragrance businesses of brands such as Jean Paul Gaultier and Yves Saint Laurent, joining Dior Parfums under LVMH in 2006 year, becoming President and CEO of LVMH Fragrance Brands in 2016 year, and being promoted to head of LVMH's Beauty & Fragrance division in 2025 year 10 month. This cross-group executive change has drawn industry attention, and Kering hopes to leverage Spitzer's leadership in brand building and global operations to drive Bottega Veneta into a new phase of growth.

7/16/2026, 23:07:07

Paris Hilton becomes the "Gloss Boss" of NYX Professional Makeup, writing a new chapter in the brand's global marketing

NYX Professional Makeup, a cosmetics brand under the L'Oréal Group, recently announced the appointment of socialite-turned-entrepreneur Paris Hilton as the brand's "Gloss Boss," and simultaneously launched the second season of its annual marketing campaign "If You NYX, You Know." Hilton previously participated in the first season of the campaign, and her return will feature alongside multiple celebrities including singer Normani, British reality TV star Toni Laites, Brazilian model Gabriela Moura, and Middle Eastern beauty creator Yusur Al-khalidi. This global marketing initiative centers on social media content and immersive pop-up stores, creating a millennium-era style beauty restaurant where Hilton will offer consumers her signature lip makeup combinations. Hilton stated that lip gloss is the finishing touch to her iconic look and looks forward to conveying confidence and fun through this campaign. NYX Global Brand President Denee Pearson emphasized that the campaign aims to honor the brand community and prove that quality beauty does not require a high price. This move is expected to leverage Hilton's global influence to further strengthen NYX's trendsetting position among young consumers and deepen the brand's mental association with the lip category.

7/16/2026, 23:06:57

LVMH Beauty and Fragrance Division Head Romain Spitzer Moves to Bottega Veneta

Romain Spitzer, a senior executive in LVMH's beauty division, will leave the French luxury giant to become the chief executive officer of Bottega Veneta, the Italian fashion brand under the Kering Group. Spitzer served at LVMH for 20 years, leading the LVMH Perfumes and Cosmetics Group since 10 month last year, while also serving as CEO of LVMH's perfume brands, overseeing Kenzo Parfums and Parfums Givenchy. He previously managed a portfolio of perfume brands including Loewe Perfumes, Maison Francis Kurkdjian, and Acqua di Parma, and held various positions at Parfums Christian Dior and Jean Paul Gaultier Parfums. In a statement, the Kering Group said that Spitzer will lead Bottega Veneta into an "ambitious new chapter." Luca de Meo, CEO of the Kering Group, stated that Spitzer possesses leadership, vision, and international experience, enabling him to drive the brand into its next stage of development. This personnel change comes after the acquisition of Kering's beauty division by L'Oréal, a deal that includes a 50-year license agreement for Bottega Veneta's beauty and fragrance products. Spitzer's cross-group move has drawn industry attention, and his extensive experience in the fragrance business may bring new strategic perspectives to the development of Bottega Veneta's beauty category.

7/6/2026, 16:45:00

Andrew Stanleick joins Gauge Capital as Managing Director and Operating Partner

Beauty executive Andrew Stanleick has been appointed Managing Director at Gauge Capital, responsible for consumer sector investments. He previously served as President of Skin Health at Kenvue, CEO of BeautyHealth, and Vice President of Coty Americas, driving growth for brands such as Neutrogena and CoverGirl. The investment portfolio includes Coco & Eve and others. This move reflects the flow of beauty talent into the investment field.

7/6/2026, 16:43:00

Beauty and fashion industry briefs: Coty restructuring, De Bethune leadership change, Clinique new launch, Converse new release

Coty Group announced executive restructuring to speed up decision-making; Swiss independent watchmaking brand De Bethune appointed Antoine Pin as new CEO; Clinique under Estée Lauder launched the world's first skincare product with recombinant PDRN ingredient in China; Converse launched CHUCK 70 X new product and held an experience event in Shanghai.

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7/22/2026, 16:07:09