
Fashion News
LVMH's Rough 2025: What the Luxury Giant's Results Mean for Beauty
The owner of Sephora and Dior closed a difficult year with lower profits, and the fallout reaches beauty shoppers more directly than you might expect.
Business News explains the commerce behind cosmetics: who owns a brand, which laboratory produces the formula, what a retailer takes, and how much of a price is packaging and marketing. Coverage follows acquisitions, funding and sales results. Best used by readers curious what they are actually buying.
Beauty as a business: acquisitions, retailer relationships, contract manufacturers, markups and the sales figures behind a suddenly unavoidable product.

The owner of Sephora and Dior closed a difficult year with lower profits, and the fallout reaches beauty shoppers more directly than you might expect.

Coty starts 2026 with a new interim chief executive, and the outcome could reshape some of the most familiar names on the mass makeup shelf.
