L’Oréal CEO talks Kering deal, dismisses fragrance slowdown, reports 3.4% sales jump Fresh off its Kering Beauté acquisition announcement this weekend, L’Oréal Group reported a 3.4% like-for-like sales jump on Tuesday during its latest earrings meeting. L'Oréal Group CEO Nicolas Hieronimus credited hair-care and fragrance sales, and acceleration of the U.S. and Chinese markets, plus reported another quarter of blockbuster sales in...
Beauty & Wellness Briefing: What L’Oréal’s acquisition of Kering Beauté signals for the industry — plus, news This week, I checked in with two former L’Oréal Group execs to better understand what the L’Oreal and Kering deal means for the beauty and wellness industries. Additionally, Givauden’s sales jump, Ulta Beauty hires a new CFO, and Therabody taps Kendall Jenner as the new celebrity face of its beauty...
A new wellness concept from a Whole Foods co-founder is quietly gaining traction in LA The co-founder of Whole Foods is back with a holistic wellness concept that seeks to replace one’s primary care doctor, gym membership and wellness routine with a one-stop-shop membership. Love.Life, which opened its flagship location in Los Angeles in 2024, is quietly plotting its expansion.
How Innersense successfully grew its clean hair-care business through salon pros Innersense, the 20-year-old California-based clean hair-care brand, is growing 32% year-over-year, thanks, in part, to the runaway success of its salon professional program. Glossy sat down with CEO Greg Starkman to learn how the brand is reaching and partnering with salons and pro stylists.
Ulta Strategies: Everything you need to know about Ulta’s new UB Marketplace Ulta Beauty’s highly-anticipated digital marketplace, called the UB Marketplace, has officially launched. Ulta’s team hopes to supercharge its online business by offering thousands of new products from trending and emerging brands and categories without the consumer recognizing any difference in the online or app shopping experiences. Glossy sat down with...
Beauty & Wellness Briefing: The sleep category grows as consumers chase a ‘perfect sleep score’ This week, I checked in with Denise De Baun, the CEO of Helight, a buzzy new sleep device, as well as experts in the sleep space, to better understand this growing wellness category. Additionally, The Body Shop reenters the U.S. market, Estée Lauder gets a new spokesperson, and Helen of...
What the industry can learn from Sephora’s $775,000 California waste settlement LVMH-owned Sephora has agreed to pay $775,000 to California for the alleged mishandling of damaged, returned or expired cosmetics in 21 Bay Area Sephora stores. Many cosmetics are classified as hazardous waste in California, including anything that is flammable or may contaminate groundwater. Similar actions were taken against Ulta Beauty...
Beauty & Wellness Briefing: How brands are approaching this week’s holiday sales kick-off, plus industry news This week, I look at how beauty and wellness brands are approaching the first wave of holiday sales including this week’s Amazon Days, Walmart Deals and Target Circle Week. I also check in with experts at Constant Contact and Mintel for insights into the holiday sales marketing strategies that are...
5 ways Rhode’s instant success at Sephora is changing the wider beauty industry It’s been one month since Rhode’s splashy, $10 million sales debut into Sephora and all eyes are on the 3-year-old brand’s next moves. Glossy checked in with leading experts to unpack the industry-wide impacts of the launch.