Alex Wynne

Paris

Freelance Journalist and Editor at Freelance

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Articles

Top 100 Beauty Companies Globally: Hair, Makeup, Skincare & Fragrance

1 month ago | wwd.com | Alex Wynne |Jenny B. Fine |Faye Brookman |Emily Burns |Kathryn Hopkins |Noor Lobad | +5 more

The top 100 beauty hair, makeup, skin care and fragrance companies in the world in 2024 are in, based on revenue.
The Highest-paid Beauty CEOs for 2024

1 month ago | wwd.com | Alex Wynne

Just as beauty 's seemingly unstoppable momentum has started to decelerate, so seemingly have the salary levels for many of the industry's top chief executives. An analysis of CEO compensation for the publicly traded companies on the 2024 WWD Beauty Top 100, our annual ranking of the world's largest manufacturers by sales, shows a reshuffling, with P&G's Jon R. Moeller returning to the top of the list.
The 2024 Top 100 Beauty Companies

2 months ago | wwd.com | Alex Wynne |Jenny B. Fine |Faye Brookman |Emily Burns |Kathryn Hopkins |Noor Lobad | +5 more

Speed and agility were the buzzwords of 2024, so it's apropos that beauty sales broke the $250 billion barrier for the first time last year. But there are clouds on the horizon. What's clear from the 2024 WWD Beauty Inc Top 100, our annual ranking of the world's largest beauty companies by sales, is that the industry is undergoing seismic shifts as a result of geopolitical tensions, technological advances and a consumer landscape that is more complex than ever before.
Chanel Turns to Makeup, Skin for Beauty Growth

2 months ago | wwd.com | Alex Wynne

With its fragrance business flat, Chanel's other beauty axes drove business, with makeup the main contributor to its slight uptick in estimated beauty revenues. Sales grew in all markets except the U.S., and Chanel 's performance in travel retail was solid, recovering in most regions but remaining slightly below 2019 levels in North Asia. In the core fragrance category, Chance, Bleu de Chanel and Coco Mademoiselle all underperformed, impacting growth.
2024 Top 100: Inside Unilever’s Business-wide Streamlining

2 months ago | yahoo.com | Alex Wynne

The upheaval at Unilever continues. 2024 was a year dedicated to slimming down and streamlining its operating structure under CEO Hein Schumacher, who joined the company in July 2023 and implemented a major reset in October that year. The news this February that Schumacher would step down in March by mutual agreement took the market by surprise, particularly as he had been praised for his strategy, which the company has said is beginning to bear fruit.
Puig Rides High Following Initial Public Offering

2 months ago | wwd.com | Alex Wynne

It was a big year for Spain's Puig as it made its stock market debut, further bolstered its portfolio and celebrated its 110th anniversary and listing with a new visual identity. The company outperformed both the premium beauty market and its own midterm revenue guidance for the year, and growth was weighted strongly in the second half. Puig's May 3 IPO generated €2.6 billion, opening at €25.50 per share, above the €24.59 offer price.
Beiersdorf Doubles Down on Strength in Skin

2 months ago | wwd.com | Alex Wynne

It was another strong year for the skin care specialist, which CEO Vincent Warnery said was "the best performing skin care company globally" for the second year in a row. Bolstered by strong business from Nivea and the ongoing growth of its Derma brands, especially Eucerin, the German company was on a roll.
Inside Unilever's Business-wide Streamlining

2 months ago | wwd.com | Alex Wynne

The upheaval at Unilever continues. 2024 was a year dedicated to slimming down and streamlining its operating structure under CEO Hein Schumacher, who joined the company in July 2023 and implemented a major reset in October that year. The news this February that Schumacher would step down in March by mutual agreement took the market by surprise, particularly as he had been praised for his strategy, which the company has said is beginning to bear fruit.
Shiseido Sees Stable Sales, Plummeting Operating Profit

2 months ago | wwd.com | Alex Wynne

While Shiseido's sales were relatively stable in 2024, boosted by an uptick on the domestic market, its operating profit tanked, falling 73.1% with the continuing deceleration in China and duty-free weighing heavily on its results. In late November, Shiseido announced a new action plan for 2025 and 2026, on top of its ongoing medium-term strategy, to rebuild a profitable foundation for its business and enhance operational governance.
How L'OrĂ©al Weathered Headwinds as Beauty's Biggest Company

2 months ago | wwd.com | Alex Wynne

Despite continuing to outperform the market as a whole, beauty's biggest player was not immune to the market's challenges in 2024. The company described the year as "a tale of two halves," with a strong first six months followed by weakness in the latter part of the year due to the global slowdown and ongoing challenges in China. Had it not been for the North Asia region, its sales would have advanced in the high single digits, it said.