Bogart H1 2026 revenue falls 7.4% on weak consumer demand

· Beauty & Fashion · France

Bogart Group reported first-half 2026 revenue of EUR 114.7 million, down 7.4% at current exchange rates and 5.3% like-for-like. The company blamed an unfavorable economic and geopolitical environment that is weighing on consumer spending, mainly in its retail business.

Why it matters：The results underline how macro pressure is splitting the beauty market: mass and retail-exposed players are being squeezed while prestige cosmetics keep growing, a divergence that will shape brand investment and M&A priorities.

Key points

  • Revenue fell 7.4% at current exchange rates and 5.3% like-for-like.
  • Management cited a difficult economic and geopolitical backdrop.
  • The retail business was the main drag on performance.

Sources (original reporting)

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