Read Beauty News & Analysis Here | Business of Fashion
4 days ago · Ulta Beauty Names Insider Steelman as CEO, Flags Strong Holiday Sales . Cosmetics retailer Ulta Beauty said on Monday insider Kecia Steelman will replace retiring CEO Dave Kimbell in the top role, and forecast a strong fourth quarter, sending its shares up about 2 percent in extended trading.
Beauty’s Slowdown Goes Global | BoF - The Business of Fashion
Nov 14, 2024 · Credo Beauty, Goop, and Thirteen Lune are among the smaller, independent beauty retailers responding to US market headwinds. Inside Ulta Beauty’s Turnaround Plan As Sephora and Amazon encroach on its territory and draw younger shoppers, Ulta Beauty’s investor day covered strategies to enhance physical stores and keep Gen-Z and Gen Alpha’s ...
E.l.f Beauty Shares Drop Following Short Seller Report
Nov 20, 2024 · Founded in 2004, E.l.f. Beauty reported $301 million in net sales for the quarter through September and adjusted net income of $45 million, both exceeding Wall Street projections. In August, chief financial officer Mandy Fields said that about 80 percent of the company’s supply chain is located in China, with the average product price at ...
Beauty’s Most Sought-After M&A Targets in 2024 | BoF
Jan 16, 2024 · As one of the first influencers to build a beauty label, Huda Kattan’s Huda Beauty is reportedly preparing for its next phase of growth. TSG acquired a minority stake in Huda Beauty in late 2017, valuing the brand at $1.2 billion, and only holds onto lines for so long.
The Best of BoF 2024: When Beauty Trends Tap Culture | BoF
Dec 31, 2024 · In 2024, beauty marketing was of two worlds. While TikTok remains an advertising powerhouse, offering brands access to younger, more diverse audiences than ever before, there has also been a clear pivot back to old-school tactics as a way to hedge against the growing uncertainty surrounding the platform’s future in the US — and the wider digital landscape.
Ulta Beauty Names Insider Steelman as CEO, Flags Strong Holiday …
Jan 6, 2025 · Cosmetics retailer Ulta Beauty said on Monday insider Kecia Steelman will replace retiring CEO Dave Kimbell in the top role, and forecast a strong fourth quarter, sending its shares up about 2 percent in extended trading.
Olive & June To Be Acquired by Helen of Troy | BoF - The Business …
Nov 21, 2024 · Olive & June joins hair businesses Drybar, and styling tools made under the Revlon name in the Helen of Troy portfolio, which also includes household names such as kitchenware brand Oxo, cough medicine brand Vicks and outdoor brands Hydroflask and Osprey.
Coty Wins Swarovski Beauty License | BoF - The Business of Fashion
Dec 5, 2024 · Coty is adding Swarovski to its portfolio of beauty licenses. On Thursday, the New York-based conglomerate announced that it had signed a long-term agreement with Austrian crystal maker Swarovski, known for its glitzy statement jewellery, collectible figurines and homeware collaborations.
Every Fashion Label Wants a Beauty Brand. Is There Room for All …
Nov 13, 2024 · Among luxury fashion brands, a comprehensive beauty line, complete with fragrance, makeup and skincare, was once limited to a handful of top-tier labels like Dior and Chanel. Now, as the sector faces a spending slowdown, beauty is providing a bright spot for growth even as other categories decline.
Read today's fashion news | The Business of Fashion
4 days ago · Beauty P&G Stopped Hiking Prices and Sales Still Grew Last Quarter Procter & Gamble Co. reported a 3 percent rise in organic sales for the December quarter, driven by higher volume rather than price hikes, marking the first time in …