This Month
Wesfarmers tests premium Priceline conversion with new Atomica brand
The retailing powerhouse sees an opportunity between cheap supermarket aisles and luxe chains like Mecca and Sephora. It will have five stores by July 1.
February
Bankers flock to Mecca as Rich List founders mull $2b exit
Sources told this column Flagstaff Partners’ Tony Burgess and Goldman Sachs’ consumer bankers have had Horgan’s number on speed dial for years.
Billionaire swoops on $1b MCoBeauty cosmetics empire
Shelley Sullivan’s cosmetics and skincare brand has stirred controversy, but she’s having the last laugh with a deal said to be worth $500 million.
Estée Lauder to cut up to 7000 jobs as tariff war looms
Shares in the iconic beauty products conglomerate plunged after it held off on providing a full-year financial outlook due to “evolving global uncertainty”.
October 2024
Macquarie’s venture division plugs into manufacturing platform Atelier
Macquarie director Jonathan Lay led the deal, putting a term sheet in front of Atelier within four weeks of it being in-market.
July 2024
The secret to French beauty? It’s simple, and powerful
Terry de Gunzburg, the woman behind the By Terry makeup empire, says a laissez-faire approach – and a little red lipstick – goes a long way in business, and life.
October 2023
One of the fastest growing categories for Young Rich Listers – vanity
Australian beauty brands have pushed out the established labels, from toothpaste to tanning, with a little product innovation and a lot of savvy marketing.
A cosmetics queen reveals what she really values
The effortlessly chic Violette Serrat talks make-up, Murakami and a maison d’art, while discussing some more of her favourite things.
June 2023
All dolled up! Crescent hangs up for-sale sign at Nude by Nature
Ankura Consulting Australia is preparing Nude by Nature for a 100 per cent sale, and would take expressions of interest before commencing the sale process.
March 2023
Yes, that $140 lipstick case really is shaped like a penis
The work of Isamaya Ffrench is weird and wonderful, and her lippy range is pushing boundaries with its packaging design.
November 2021
Sephora 2020 year losses widen
Beauty retailer’s losses increased and its ability to continue as a going concern is reliant on funding from its global parent, luxury conglomerate LVMH.
September 2021
How Charlotte Tilbury became the billion-dollar cosmetics queen
The former celebrity make-up artist turned her backstage, mixed-by-hand products into a beauty unicorn – and she’s just getting started.
August 2021
Are you man enough for make-up?
All signs point to an explosion in male-targeted cosmetics as big-name and indie brands get in on the blokes’ beauty game. But will Australian men be won over?
March 2021
China door opens for natural skincare group BWX
The Chinese agency that regulates drugs and medical devices says imported ordinary cosmetics will now be exempt from animal testing, opening the door to the $85 billion beauty market.
December 2020
Once a billionaire factory, Korea's beauty industry turns ugly
The pandemic has ushered in a slew of lifestyle changes that have made cosmetics less central to women's daily routines, reversing the fortunes of those who benefited from the K-beauty boom.