Glossy’s beauty team walks through the news stories that defined the industry this summer. This includes strategy shifts within retailers like Sephora, Ulta Beauty and Target, plus a look at disappointing revenue at conglomerates like Shiseido and Estée Lauder Companies. The team also discusses the biggest acquisitions of the season, including Rhode, Dr. Squatch, Space NK and Touchland, and the tariff-related topics we’re watching as fall approaches.
This week, I reviewed financial earnings from off-price leaders Ross and TJX to unpack beauty’s sales spike in discount retailers. Additionally, Target gets a new CEO, L’Oréal Group invests $80 million in its Mexico manufacturing…