Ulta Beauty reports strong earnings, despite concerns around theft and tightening consumer wallets According to its earnings press release, Ulta Beauty net sales increased 12.3% year-over-year to $2.6 billion, owed to increased comparable sales, strong new store performance and growth in other revenue, compared to the first quarter of fiscal 2022.
E.l.f. Beauty boasts 48% growth for fiscal year 2023 Total net sales were $578.8 million, primarily driven by strength across the company's retailer and e-commerce channels, according to the company’s press release.
How Image Skincare boosted its spa partner’s facial bookings by double digits When Image Skincare set out to drive business to national massage and facial spa Hand & Stone, the 20-year-old skin-care brand launched an extensive pilot program.
Beauty & Wellness Briefing: Are probiotics a fad? Certain decades can be defined by specific nutritional logic that ultimately proved too simplistic or just outright wrong. Now in the 2020s, the focus is on a well-balanced gut. And probiotics are at the center of this conversation and philosophy.
Latest quarterly earnings paint a cautious picture for the beauty industry The smooth-sailing sales environment for beauty brands seems to be coming to a close.
Olaplex first quarter 2023 earnings reveal aim to ‘reset’ Net sales for the quarter were $113.8 million, down 38.9% year-over-year. Professional channel sales were $48.4 million, down 37.2% year-over-year, followed by specialty retail store sales at $34.9 million, down 45.8%. Direct-to-consumer sales were $30.5 million, down 31.9%.
Beauty & Wellness Briefing: Clinique goes back to school with college campus intiatives In a first-of-its-kind move for the 55-year-old brand, Clinique hosted as part of a campaign two off-campus pool parties at the University of Florida and University of Arizona at the end of April. The brand also launched a paid ambassadorship program in 2022.
Maybelline taps new Pinterest feature for mental health awareness Since 2020 Maybelline has operated a mental health initiative called Brave Together, which plans to donate $10 million to various domestic and global NGOs and support 1 million mental health conversations between 2020 and 2025.
Lauren Bush Lauren on the evolution of Feed: ‘There’s always more to be done as an entrepreneur’ Glossy Podcast host Jill Manoff spoke with Bush Lauren about the ins and outs of Feed, including what role wholesale plays, how the company has focused on sustainability and whether the so-called rise of the conscious consumer has worked to the company's advantage.