Glossier Relaunches LA Store

Nov 23rd, 2021

Tony Scianna, news editor

Glossier announced on its Instagram that it is reopening its flagship Los Angeles location after an 18-month break.

Glossier announced on its Instagram that it is reopening its flagship Los Angeles location after an 18-month break.

Glossier has announced on its Instagram that it is reopening its flagship Los Angeles location after an 18-month break. In June 2021, the brand detailed its global retail strategy.

Related: Glossier Executive Team Appointments

The retailer has posted images of the new space:

“I am very excited to welcome Molly to Maesa,' said Piyush Jain, Maesa's CEO. 'Her experience in building purpose-driven brands will be instrumental in elevating our brands’ position within the industry and achieving further success with our consumers and retail partners alike.'

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Kennedy previously spent 13 years at Unilever working with Dove Men+Care and Vaseline.

Silvia Galfo was previously the first chief growth officer for the luxe division in the United States.

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Galfo succeeds Megan Grant who was appointed to the role in May 2019.

“With our third quarter results and fourth quarter outlook, we are confident that the second half of fiscal 2024 will prove to be an inflection point for our company performance,' said Fabrizio Freda, president and CEO.

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Mainland China, a challenge amid lingering economic and COVID-19 challenges, grew net sales in the latest quarter, though the prestige sector remains soft, per the company.

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According to L'Occitane, 'The offer is particularly compelling in light of the prolonged low trading liquidity of the company’s shares, which makes it challenging for minority shareholders and vested option holders to sell a substantial amount of shares without adversely affecting the share price.'

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L'Occitane has established an independent board to review the offer, per the company.

The health and well-being sector was boosted by brands like Nutrafol and Olly, while prestige beauty benefited from strength at Tatcha, Hourglass and Living Proof.

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Top performers included hair care, particularly the Dove brand, Sunsilk and TRESemmé.

Kylie Jenner, founder of Kylie Cosmetics, said, 'I am so excited to launch Kylie Cosmetics in India—I created Kylie Cosmetics to give my fans access to the makeup products that I use and love, and I can't wait to share my collection with all my fans in India.'

Kylie Cosmetics Expands into India

The brand is available exclusively in 25 Sephora India stores nationwide and online on www.sephora.in.

'Kiko's unrivaled scale, first-to-market advantage, and ability to provide unmatched product offerings at accessible prices uniquely positions the company for global success,' said Arabella Caporello, a partner in L Catterton's Europe fund. 'We have significant experience scaling leading brands in Europe, and we look forward to working alongside CEO Simone Dominici and his team to capture the Company's incredible potential.'

L Catterton Takes Majority Stake in Kiko Milano, Eyes US Expansion

The 27-year-old brand retails in 1,100 stores in 66 countries and, in 2023, recorded net revenue of about 800 million euros, representing almost 20% year-over-year growth.

In its latest trading statement, the company noted that St. Tropez's performance has been 'very strong' in the latest financial period.

St. Tropez is for Sale

In its latest trading statement, the company noted that St. Tropez's performance has been "very strong" in the latest financial period.

Playground was founded by Christina Aguilera (pictured) and CEO Catherine Magee and reportedly grew more than 700% in 2023.

Playground Brings Clean Sexual Wellness to Target & Secures New Funding

Playground was founded by Christina Aguilera and CEO Catherine Magee and reportedly grew more than 700% in 2023.

India Map Pin Globe Adobe Stock 80007481

Symrise/Virchow Joint Venture, Vizag Care Ingredients, Extends Symrise into India

Symrise has teamed up with Virchow Group to manufacture personal care ingredients from its portfolio under the joint venture Vizag Care Ingredients. This is Symrise's first manufacturing site outside of Europe and the Americas.