Hero Cosmetics’ Ju Rhyu: ‘It was important that our company could stand on its own two feet’ K-beauty was certainly taking off in the U.S. in 2012. But, when Hero Cosmetics cofounder and CEO Ju Rhyu discovered hydrocolloid patches to treat acne in Korea, it was one innovation that had not landed stateside.
Beauty & Wellness Briefing: South Asian founders are putting their stamp on the beauty industry This month, Bollywood-turned-Hollywood star Priyanka Chopra announced her first beauty brand, Anomaly, made in collaboration with beauty brand incubator Maesa. And Ipsy alum Priyanka Ganjoo is getting set to unveil her South Asian makeup line, Kulfi Beauty, on February 16. Chopra and Ganjoo are not alone. Since the pandemic landed...
Estée Lauder Companies exceeds expectations in second quarter Buoyed by sales in skin care, Asia, travel retail and online, Estée Lauder Companies reported net sales of $4.85 billion for its second quarter ending December 31, an increase of 3% in constant currency year-over-over. In many ways, the beauty conglomerate performed better than expected.
Pull Up for Change’s Sharon Chuter is back with Make It Black campaign Sharon Chuter, Uoma Beauty founder and CEO, is back with another challenge for the beauty industry. On Friday, Chuter debuted the Make It Black Campaign tied to Black History Month to shift perceptions around what it means to be Black. Chuter has partnered with nine beauty brands to release limited-edition hero...
Paula’s Choice CMO Erika Kussman on creating ‘the right message and the right content on the right channel’ For 26 years, beauty brand Paula's Choice has traded on the principals of truth and transparency in skin care. This was pioneered by its founder Paula Begoun, known as "The Cosmetics Cop." But when Erika Kussmann, CMO and general manager, arrived at the clean beauty brand about five years ago,...
E.l.f. Beauty outperforms mass challengers in third-quarter earnings The mass beauty category has moderated over the course of the pandemic, but E.l.f. Beauty continues to outperform. In its third-quarter fiscal results, announced on Wednesday, E.l.f. Beauty said its net sales had increased 10% to $88.6 million for the quarter. Gross profit margin decreased 0.5% to 64% during the...
Beauty & Wellness Briefing: Schick aims to recapture men’s attention Following the merger mess that was created when the FTC blocked its proposed acquisition of Harry's last February, Edgewell Personal Care has gone back to basics by breathing life into its hero brands. Today, Edgewell has rebranded its best-selling Schick Hydro product to the Schick Hydro Skin Comfort to correspond to...
Ulta Beauty debuts $25 million commitments to diversity and inclusion On Tuesday, the retailer announced a four-pronged approach to combating racial injustice in its environment. It plans to double the number of Black-owned brands in its merchandising assortment, amplify Black voices in media through its new Muse platform, create better in-store experiences for the customer and offer more elevation opportunities...
Mindy McKnight’s Hairitage expands footprint with Walmart Best known for her hair tutorials on YouTube, Mindy McKnight launched her clean hair brand for all hair types, Hairitage, just prior to the pandemic last year. By the end April, Hairitage's assortment will grow to 65 products. Industry sources said that Hairitage did $30 million at retail in its...