E.l.f. Beauty reported its 24th consecutive quarter of net sales growth on Thursday during its Q3 fiscal 2025. Chairman and CEO Tarang Amin and CFO Mandy Fields shared the conglomerate’s plans for tackling tariffs, including supplier concessions, cost savings and select price increases.
L’Oréal Group, the largest beauty conglomerate in the world based on revenue, reported 5.1% growth for its full fiscal 2024 on Thursday.
Cosnova, the German beauty conglomerate behind value makeup brands Essence and Catrice, announced Thursday it had surpassed the $1 billion yearly sales threshold in 2024. It began targeting this sales goal last year amid U.S. expansion. Essence’s best-selling Lash Princess Mascara sells for $4.99 DTC and through Amazon, Target and...
Glossy+ members can listen in on a consultative rundown by Glossy’s beauty reporting team on the latest need-to-know beauty business trends. This includes shifts in social media marketing; the future of live shopping and social commerce; and insights into ways brick-and-mortar and digital retail are expected to evolve in 2025. A...
This week, I checked in with IBM execs and market analysts to learn about the industry-wide potential behind the new partnership between L'Oréal Group and tech juggernaut IBM. I also spoke with the founder of Silicon Valley start-up Potion AI, which is providing AI-powered formulation competition for smaller brands and...
ELC’s new long-term partnership with Massachusetts Institute of Technology’s renowned Langer Lab will center around the advancement of biodegradable polymers primed to replace common personal-care ingredients found in cleansers, sun-care, cosmetics and more. The partnership will also focus on studying new solutions to help combat the effects of visible sunlight...
U.S. store closures in 2025 could top 2024 numbers, according to new data released Thursday by Coresight market research.
As the owner of “the world’s first social wellness club,” Dr. Jonathan Leary is determined to change how self-care fits into our lives with his unique wellness studio concept. Remedy Place launched in 2019 and has three locations across L.A. and New York City, with a fourth opening in Boston...
This week, I checked in with oral care brands disrupting the $10.8 billion marketplace through innovative product and service offerings that more closely align with the beauty category than the old-school dental offerings of the past. This disruption also aligns with changing regulation of dyes used in oral care products,...