In the competitive worlds of social media, e-commerce and retail, capturing attention via a viral product is the shortcut many brands could only hope for.
On Thursday, LVMH shared in its 2023 year-end earnings report that selective retailing, the business unit that houses Sephora, posted a year-over-year revenue increase of 25%, to $19.4 billion, ahead of the luxury conglomerate’s four other units. Behind selective retailing was fashion & luxury goods, with a 14% year-over-year gain, and...
On Wednesday, Target shared that it has 1,000 new wellness-related products to offer its customers, ranging from apparel and accessories to beauty, supplements and technology. Target recently made headlines for bringing on new and buzzy brands like Kourtney Kardashian Barker's supplements brand Lemme, Hum Nutrition and Bala bangles.
Instead of using an Amex to get a coveted table through Resy, a member of one of several fitness studios or gyms can use a unique discount code for their favorite nutritional delivery program.
The NRF conference was in swing early this week, giving retail and consumer companies more opportunity to reflect on recent big shifts and upcoming marketplace opportunities.
Curology started its expansion in retail a year ago when the company’s OTC products like face cleanser through Target. OTC products accounted for just over 6% of Curology’s sales, with expectations for it to double in 2024.
Puig has been one of the newer strategic acquirers in recent years, building up an arsenal of beauty brands as it aims to compete with established players like L’Oréal Group and The Estée Lauder Companies, plus emerging players like Kering Group.
Stylist Collective is tasked with helping Amika’s in-house education team develop an education curriculum distributed to professional salons, as well as headlining both educational events and large-scale brand-sponsored events.
Karen Behnke, founder of Juice Beauty, is stepping down from her role as CEO and will move into a full-time product development role. Beauty veteran Lance Patterson has taken on the CEO role.