Estée Lauder and Charlotte Tilbury owner walk away from merger talks Retail Cosmetics giant Estée Lauder has abandoned talks with the Spanish owner of Charlotte Tilbury over a merger which would have created a $40bn fashion powerhouse. Talks between the US cosmetics giant and Spanish beauty giant Puig ended on Thursday despite hopes that the merger could have helped both brands to compete with rival L’Oreal. Estée [...]
Charlotte Tilbury creates 150 jobs as profits spike Retail Makeup, skincare and fragrance brand Charlotte Tilbury created 150 jobs as its profit jumped by more than a quarter during its latest financial year, it has been revealed. The London-headquartered business has posted a pre-tax profit of £18.3m for 2024, up from the £14.4m it achieved in the prior 12 months. New accounts filed with [...]
International expansion helps Charlotte Tilbury sales jump by £140m Retail Sales at beauty brand Charlotte Tilbury jumped by almost £140m as it continued its global expansion during its tenth year in business, it has been revealed. The makeup, skincare and fragrance products retailer has reported a turnover of £448.5m for 2023, up from the £310.3m it achieved in 2022. Newly-filed accounts with Companies House also [...]