Puig is making beauty headlines this morning, having appointed Jose Manuel Albesa to the newly created position of Deputy CEO. Albesa will also maintain his current role as Puig’s beauty and fashion president, while taking on the new title. He will report to Marc Puig, company Chairman and Chief Executive Officer.

Meanwhile, in other Puig news, the company has shared positive financial results for the first half of 2025, reporting €2.3 billion in net revenue, with a reaffirmation of its full-year guidance. “Fragrance and Fashion remained the largest contributor, up 8.6% LFL, supported by Carolina Herrera and Rabanne,” reports Global Cosmetics News. “Makeup rebounded in Q2 with double-digit growth, led by Charlotte Tilbury innovations, while skincare rose 8.6% LFL on strong demand for Uriage.”

Here at CEW, we report on the breaking news that skin care brand BYOMA  has been acquired by Bansk Group, for an undisclosed sum from Yellow Wood Partners, a private equity firm. “Following the close of the transaction, BYOMA will continue to be led by CEO and Founder Marc Elrick, as well as the existing leadership team,” writes CEW’s Andrea Nagel. 

In other skin care updates, Rhode has already shot to Sephora’s top 10 selling skin care list, on the retailer’s website, since making it debut last Thursday. Meanwhile, Sephora has partnered with Uber Eats to provide an on-demand beauty service across North America.

Tributes continue to pour in for Giorgio Armani from across the worlds of fashion, film, design, and more. In addition to his legendary fashion legacy, Mr. Armani’s contributions to the beauty industry — through the iconic Armani portfolio of fragrances created in partnership with L’Oréal, and the Giorgio Armani prestige cosmetics collection — were, also, trailblazing.

Making K-Beauty headlines, the U.S.-based retail platform K-Beauty World has made its debut in Mexico, in partnership with Ulta Beauty. “With Ulta Beauty’s international expansion into Mexico, it was a natural next step to bring K-Beauty World to this market,” said Sarah Chung Park, founder of K-Beauty World and CEO of Landing International. Meanwhile, in London, Augustinus Bader has launched an exclusive, limited edition Harrods-green version of The Rich Cream and The Cream, in homage to the store.

Read more about these news stories by clicking on the links below.

Puig Promotes Jose Manuel Albesa To Newly Created Role Of Deputy CEO. In the new role, Albesa “will drive the delivery of Puig’s vision and strategy across the business,” reports WWD. (WWD)

Puig Delivers Positive Results For The First Half Of 2025. “The results underline Puig’s ability to outpace the global premium beauty market, with fragrance strength, a recovering makeup segment, and geographic diversification supporting momentum as the group heads into its key holiday season,” reports Global Cosmetics News. (GLOBAL COSMETICS NEWS)

BYOMA Acquired By Bansk Group. “Over the past three years, we’ve developed strong, sustained momentum and have established BYOMA as a key growth driver and top five skin care brand at leading retailers across markets while building trust and credibility with consumers,” stated CEO and Founder Marc Elrick. (CEW)

Rhode Makes Top 10 Skin Care Bestsellers At Sephora. “According to beauty e-commerce agency Navigo Marketing, Rhode accounted for 2.8% share of total skincare sales on Sephora.com from Sept. 4 to 7, placing it in the tenth spot in the skincare category behind The Ordinary, Sephora Collection, Laneige, Glow Recipe, Beauty of Joseon, Summer Fridays, Tower 28, Touchland and Biodance,” reports Beauty Independent. (BEAUTY INDEPENDENT)

Sephora  X Uber Eats Launches. “We take great pride in truly understanding our clients’ needs, and meeting them wherever and however they choose to shop with us,” said Nadine Graham, Senior VP and General Manager, Ecommerce, at Sephora. (COSMETICS BUSINESS)

Armani Tributes Pour In. WWD has a comprehensive collection of moving tributes from across the world of fashion, film, design and more. (WWD)

K-Beauty World Debuts In Mexico With Ulta Beauty. “Latin American consumers are among the most engaged and fastest-growing audiences for K-Beauty globally—drawn to its skin-first philosophy, sensorial textures, and visible results,” said Sarah Chung Park, founder of K-Beauty World and CEO of Landing International. (HAPPI)

Augustinus Bader Goes Green For Harrods. ““We are excited to reintroduce our hero formulas in a way that feels both purposeful and collectable,” said Charles Rosier, co-founder and CEO of Augustinus Bader. (BEAUTY NEWS DAILY)