The NYC-based beauty company reported a significant narrowing of Q3 net losses on Friday, thanks to cost-cutting measures which compensated for faltering sales and are soon to be expanded through a new optimization plan.
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.
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.
According to an IBM project studying how to use AI for product – specifically perfume – composition, the skill that takes perfumers ten or more years to develop may be learned quicker and more precisely by AI.
Now an icon of the fragrance world, the geometric bottle of Chanel's legendary N°5 perfume lands in red for the first time this holiday, slipping into a color used widely in the French fashion house's repertoire.