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Type: News
Section: Brands & Products > News
“We are excited to take The Lip Bar nationally in over 3,000 CVS stores and continue growing the brand to be accessible for all beauty lovers nationwide,' said The Lip Bar founder and CEO Melissa Butler.
The Lip Bar Expands into 3,000 US CVS Stores
The expansion was in part made possible by the September 2022 $6.7-million funding round for the The Lip Bar Inc.
Sep 5th, 2023
In July 2023, it was reported that Geiger was reportedly seeking a buyout of minority shareholders.
Report: L'Occitane Owner Will Not Take Company Private
Sources had previously told Reuters that chairman Reinold Geiger was speaking to advisors about possibly re-listing L’Occitane on a European exchange.
Sep 5th, 2023
The capsule collection is the first in-line, women-only offering from Kultured Misfits.
LYS Beauty x Kultured Misfits Launch Capsule Collection
The "Love Letters" Collection celebrates Black Business Month.
Sep 1st, 2023
Adobe Stock 163149481
A Letter to Subscribers: Newsletter
Global Cosmetic Industry's daily newsletter will return on Tuesday, September 5.
Aug 31st, 2023
L'Oréal USA has appointed Angela Hildebrand as the general manager of SkinCeuticals.
SkinCeuticals Announces New Management Appointments
"With their collective knowledge, expertise, and dedication to excellence, Angela and Amy's leadership are poised to take SkinCeuticals to new heights," said Tina Fair, president, L'Oréal dermatological beauty division, North America.
Aug 31st, 2023
Aesop reported sales of $537 million in 2022.
L’Oréal Completes Aesop Acquisition
In April 2023, L’Oréal announced it was acquiring Aesop at an enterprise value of $2.525 billion.
Aug 31st, 2023
In 2020, Jenner sold a 51% stake in Kylie Cosmetics to Coty in a $600 million deal, while Kardashian sold a 20% stake in her beauty brand (then known as KKW Beauty) to Coty that same year. Pictured is the SKKN by Kim range.
Are Kylie Jenner & Kim Kardashian Leaving Coty?
In its latest earnings call, Coty's Sue Nabi said, "And on prestige makeup there, we've been doing also fantastic figures, thanks to the different brands, the Burberry Makeup, Gucci Makeup, or more recently, Kylie Cosmetics, which had fantastic results."
Aug 31st, 2023
Gibu Thomas, EVP online, The Estée Lauder Companies Inc., said, 'At The Estée Lauder Companies, we aim to delight consumers with transformative products and services. Through our collaboration with Google Cloud, we are creating high-touch, personalized experiences online that our consumers expect from every interaction with our brands. By working with Google Cloud's generative AI technologies, our data science teams are unlocking new ways to serve our consumers.'
The Estée Lauder Companies Using Google Cloud's Generative AI Across Brand Sites
ELC and Google Cloud will collaboratively explore AI-powered solutions to better understand consumer sentiment, inform R&D efforts and create high-touch digital experiences.
Aug 31st, 2023
Kulfi Beauty reportedly grew 400% in 2022, driven by its focus on community engagement for product development, as well as a specialization on addressing the needs of people with olive undertones and brown skin tones.
Kulfi Expands In-store to Sephora US/Canada
Founded in February 2021, the brand will be featured in Sephora's indie-focused "The Next Big Thing" end cap displays.
Aug 30th, 2023
Beauty Quest Group (BQG), home to brands like RUSK, Aquage and One 'n Only, has appointed David Rosenblatt as its new president and CEO.
Beauty Quest Group Appoints David Rosenblatt as President and CEO
Under his leadership, the executive is expected to expand RUSK, Aquage and One 'n Only, while preserving their core identities.
Aug 30th, 2023
BeautyCycle is available at all Nordstrom, Nordstrom Rack and Nordstrom Local stores across the United States.
Nordstrom's BeautyCycle Collects 50 Tons of Beauty Packaging
Nordstrom is now halfway to its goal of collecting 100 tons of beauty packaging to be recycled by 2025.
Aug 30th, 2023
Naturium is expected to generate approximately $90 million of net sales and $17 million in adjusted EBITDA this year.
e.l.f. Beauty Acquiring Naturium for $355M
The deal is expected to double e.l.f. Beauty’s presence in skin care to approximately 18% of retail sales.
Aug 29th, 2023
Clean Age, a woman-founded brand that targets Gen Z, features deodorant and toothpaste tabs.
Report: Personal Care Startup Clean Age Launching in Walmart
Clean Age won the Golden Ticket from Walmart's startup pitch competition in 2022.
Aug 28th, 2023
Nyx Professional Makeup has appointed Denée Pearson as global brand president, effective September 1, 2023.
Nyx Professional Makeup Names Denée Pearson as Global Brand President
Under Pearson's leadership in her previous role, the brand launched partnerships with Netflix's "Casa De Papel," Disney's "Avatar: The Way of Water" and Warner Bros. Discovery's "Barbie The Movie."
Aug 28th, 2023
Leonard Lauder has designated his son William P. Lauder, who serves as executive chairman and his son Gary M. Lauder to serve on the board.
Leonard A. Lauder Leaving The Estée Lauder Companies' Board of Directors
Lauder will remain chairman emeritus of The Estée Lauder Companies.
Aug 24th, 2023
SpoiledChild launched in February 2022, has recorded $48 million is gross sales in its first year and is already profitable, per Oddity.
Oddity's SpoiledChild Names CEO, Seeks to Become 'World’s Largest Wellness Brand'
SpoiledChild launched in February 2022, has recorded $48 million is gross sales in its first year and is already profitable, per Oddity.
Aug 24th, 2023
For fiscal 2023, the company expects net sales to decline 1.5% to 3.5%, as compared to $7.560 billion in 2022.
Bath & Body Works Q2 2023 Net Sales Decline 3.6%
Net sales were $1.559 billion in Q2, as compared to $1.618 billion in the previous year.
Aug 24th, 2023
Ashley Brissette, M.D., MSc, FRCSC is an award-winning NYC ophthalmologist specializing in ocular surface diseases and cataract and laser corrective surgery.
Clinique Appoints First Guiding Ophthalmologist
The brand's safety mission is upheld in Clinique's Eye Promise, which ensures that all eye makeup products are ophthalmologist-tested and safe for sensitive eyes and contact lens wearers.
Aug 23rd, 2023
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