
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.

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.

Victoria Unikel and Jose Forteza at Vogue Paraiso Espacio Vogue opening ceremony Miami - July 14 th , 2022 -- Victoria Unikel , international artist and serial entrepreneur, has attended the grand opening ceremony of…