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Section: Retail > Digital/E-commerce

Coty Records 4% Revenue Drop for Its Q2 2014

Coty CEO says U.S. market softness, particularly in the mass fragrance and nail categories, impacted its performance.

Avon's Q1 2013 Results See Revenue of $2.5 Billion

North America and Asia Pacific drop for Avon, but overall results better than expected.

Beauty Marketing Gone Social

While many beauty brands are investing in online and social marketing strategies for their products, Kline & Company reports that traditional advertising is still very much in the thick of the marketing mix.

Ulta Beauty's CEO, Dave Kimbell, is retiring after 11 years with the company, succeeded by Kecia Steelman, Ulta's president and chief operating officer, who is also joining the board of directors, effective today, January 6, 2025.

Kecia Steelman Named Ulta Beauty's President and CEO

Ulta "now expects comparable sales will increase modestly and operating margin will be above the high-end of the company’s previous expected range of 11.6% to 12.4% of sales for the fourth quarter of fiscal 2024."

New stores drove growth at Ulta Beauty amid stiff competition from other retail channels.

Fragrance & Body Skin Care Drives Ulta Beauty Q3, 9-month 2024 Sales

“The Ulta Beauty team delivered better-than-expected sales and profitability reflecting improved sales trends and strong financial discipline," says Dave Kimbell, chief executive officer.

Sephora at Kohl's is expanding into seven new states in 2023, including Arkansas, Idaho, Louisiana, Mississippi, New Mexico, South Dakota and Utah, bringing its presence to 48 states.

UPDATE: Kohl's Now Expects Sephora Partnership to Exceed $2B in Sales by 2025

Kohl's is spending some of its $500 million in 2024 capital expenditures to add about 140 small-format Sephora shops in stores.

In light of these results Ulta Beauty is anticipating 2023 net sales of $10.95-11.05 billion, representing sales growth of 4-5%. It also anticipates opening 25-30 net new stores.

Ulta Beauty's 2022 Annual Revenue Surpasses $10B for First Time

In light of these results, Ulta Beauty is anticipating 2023 net sales of $10.95-11.05 billion, representing sales growth of 4-5%. It also anticipates opening 25-30 net new stores.

Growth drivers in the fragrance sector again included higher concentrations, including parfums (up 43%) and eau de parfums (up 14%).

Decoding the 2024-2025 Fragrance Boom: Prestige x Value

Luxury brands accounted for 12% of prestige fragrance sales and grew faster than the overall category, per Circana.

Lessons in Social Media, Building Business for the Future

At a recent State of the Industry event put on by The Fragrance Foundation, speakers from Kline & Co., NYU and more discuss the forward momentum of the fragrance—and beauty—industry.

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[update] Alibaba's Singles' Day Sales Reach Over $30 Billion

"Today we witnessed the strength and rise of China’s consumption economy and consumers’ continued pursuit to upgrade their everyday lifestyles."

Ulta's Q3 comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 14.6% compared to an increase of 25.8% in the third quarter of fiscal 2021, driven by a 10.7% increase in transactions and a 3.5% increase in average ticket.

Ulta Beauty's Q3 & Nine-month 2022 Results Show Beauty's Resilience Across Categories

Key drivers for Q3 and nine-month results included COVID restriction reductions, retail price increases, and the addition of new brands and product innovation.

As recently as November 2024, Target had touted beauty as a rare bright spot of growth for the retailer. At the time, Rick Gomez, executive vice president, chief commercial officer, Target, said, “In terms of category performance, sales and market share gains were strongest in beauty again this quarter with comparable sales growth of more than 6%.'

UPDATE: Target Reveals Q2 and 6-month Beauty Sales Following Ulta Beauty Separation

In a joint announcement on August 14, Ulta Beauty and Target Corporation confirmed they will not renew their shop-in-shop partnership.

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From the Editor: Meet the Consumer of 2020

What we learned from Black Friday, Cyber Monday and projections of tomorrow's shopper behaviors.

Ulta Beauty lost market share in fiscal 2024; the retailer has a plan for a turnaround.

Decoding Ulta Beauty Unleashed & the Retailer's Return to Market Share Gains

Amiee Bayer-Thomas has been named chief retail officer, centralizing all store functions under her leadership.

Fragrance sales continued to grow robustly in 2024, driven by both value and a desire for high quality.

2024 Beauty Sales Point to a Prestige-Masstige Growth Cycle Through 2027

Overall prestige beauty sales are expected to increase 5% year-over-year in 2025, with growth slowing to 4% for 2026 and 3% in 2027.

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How Beauty Brands Are Finding Success on Pinterest

Global Cosmetic Industry spoke with Vikram Bhaskaran, global head of vertical strategy at Pinterest about the ways beauty brands can leverage the platform's inclusive search feature, how Pinterest impacts the path to purchase and beauty brands that are currently finding success on the social network.

Beauty Shopping Across Lanes

Enticing shoppers to buy in the omni-channel era.

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Build Your Amazon Beauty Strategy

Discovery, communication, data and engagement are critical for success on this fiercely competitive platform.

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