Beauty products maker Coty Inc missed revenue estimates for the second consecutive quarter on Wednesday, as hurricane Florence in the United States disrupted supplies of its luxury products to retailers.
Beauty and skincare retailer Glossier announced it will open its first flagship store in New York City at 123 Lafayette Street, the same location as its debut beauty showroom. Doors open on November 8.
Weleda is introducing City Spas in the Netherlands, making it the first country to operate the concept. The company see the spas as a key way for customers to experience the brand rather than just using its products.
Estée Lauder dismissed fears of a slowdown in China as its quarterly results beat Wall Street estimates on Wednesday on booming demand for cosmetics and high-end skincare products in the Asian country.