Jenni Baden HowardBeauty’s big news this morning is the departure of Ben Gorham from Byredo. Gorman will step down from the Swedish fragrance brand he created at the end of June. The announcement comes as Puig is finalizing its acquisition of Byredo. “His exit finalizes Puig’s integration of the brand, which it purchased amid preparations for its stock market debut last May,” reports Business Of Fashion today.
Speaking of dealmaking, here at CEW we have a special report on Beauty Independent’s recent Dealmaker Summit NYC 2025, which took place on June 2 and June 3 in New York City. The sellout event drew 250 industry executives, including brand founders and operators, service providers, and dealmaker professionals. Don’t miss our breakdown of some of the key takeaways from the summit. Also at CEW, we spotlight the new NIQ LGBTQIA+ Beauty Consumer Report, which reveals the influence of the U.S. LGBTQIA+ beauty consumer—LGBTQIA+ consumers rank beauty 14 spots ahead of total U.S.—and underlines the importance of this category to the community.
Making marketing headlines, Clinique has returned to its iconic 3-Step System to launch its first TV ad in ten years. The new campaign, “Where Great Skin Begins”, follows the brand’s dermatology center partnership with Mount Sinai, and its debut on Amazon. Meanwhile, looking to future of beauty, L’Oréal Groupe has been named the most innovative company in Europe, as part of Fortune’s inaugural ranking of the 300 most forward-thinking businesses across the continent.
In news from across the pond, The British Beauty Council has appointed two new industry power players to its board of directors: Sue Fox, former President of Estée Lauder UKI, and Sarah Boyd, Managing Director of Sephora UK.
Read more about these and other news stories by clicking on the links below.
Ben Gorham Departs Byredo. Gorham’s visionary approach to the brand was behind its pioneering perfume blends, clean packaging aesthetic and craftsmanship. (BUSINESS OF FASHION)
Behind Beauty Independent’s Dealmaker Summit NYC 2025. In our special report, we break down some the key takeaways, including the fact that skin care remains a main player. “Only one in four Americans uses skin care twice a day. That’s not just a challenge; it’s an opportunity,” commented Fernando Acosta, CEO of RoC Skincare, in a panel chat. (CEW)
NIQ Shines The Spotlight On The LGBTQIA+ Beauty Consumer. NIQ’s new LGBTQIA+ Beauty Consumer Report reveals that LGBTQIA+ buyers spend slightly more than the average consumer, $383.77 per year compared to $378.78. (CEW)
Clinique Debuts First TV Ad In A Decade. The 3-Step System stars in the “Where Great Skin Begins” ad. “We haven’t really talked about three step for about a decade. We’re thrilled that that’s now going to change, and we’re going to connect with consumers, really leveraging our dermatological roots,” said Michelle Freyre, global brand president of Clinique and dermatological brands at The Estée Lauder Cos., reports WWD. (WWD)
L’Oréal Groupe Named Europe’ Most Innovative Company By Forbes. “We are immensely proud to be recognized by Fortune as Europe’s most innovative company,” commented Nicolas Hieronimus, CEO of L’Oréal. “This prestigious recognition reinforces our conviction that innovation, fueled by science, technology, and creativity, is the best way to succeed on the world stage, but is also a testament to the incredible talent and dedication of our teams around the globe.” (HAPPI)
The British Beauty Council Taps Two Power Players For Its Board Of Directors. Sue Fox is former President of Estée Lauder UKI, and Sarah Boyd is Managing Director of Sephora UK. Millie Kendall, British Beauty Council CEO, said the “combined and extensive” experience of Boyd and Fox will support the council’s “strategies and activity”. (COSMETICS BUSINESS)
Women In Business Offer Their Best Advice On Going Solo. In honor of National Women’s Enterprise Week (NWEW) at the British Library, We Are The City interviewed nine female business leaders about their career journeys. (WE ARE THE CITY)
