Beauty news and archive

Metaverse Beauty Week prepares for launch: What to expect

As if it hasn’t already been said enough, Web3 is really defining the future of retail, driving new innovations and bringing to light fresh ways for brands to engage with their consumers. One of which was Metaverse Fashion Week, a highly hyped up event that took place solely in digital realms, through which brands presented virtual collections,...

Business

Marks & Spencer launches beauty recycling programme

Marks & Spencer has unveiled a new Beauty Takeback Scheme across over 40 of its UK stores, formed in partnership with recycling firm Handle. The initiative will allow customers to return any form of plastic or aluminium beauty packaging from any retailer into dedicated in-store boxes located in Marks & Spencer beauty departments. The materials...

Fashion |Beauty

Kate Spade launches beauty collaboration with Clinique

Prestige beauty brand Clinique has unveiled its first-ever collaboration with fashion and lifestyle designer brand Kate Spade New York. The playful collaboration combines Kate Spade’s vibrant patterns, including springtime florals, stripes, kisses, and graphic polka dots with a collection of Clinique's best-selling ‘Pop Plush’ creamy lip...

Business

Image Skincare names Sennen Pamich as chief executive officer

Image Skincare has appointed Sennen Pamich, former president of Wella Company Americas, as the company’s new chief executive officer, effective as of May 2023. Pamich, the company said in a release, brings more than 30 years of experience in the consumer packaged and luxury goods industries to Image, as well as a long track record of success...

Business

L’Oréal invests in biotech company Debut

L’Oréal’s venture capital fund Bold has announced its latest investment in US biotech company Debut as it looks to rapidly scale the firm’s manufacturing platform. Through the funding, Debut is also looking to meet the growing demand for products made using biomanufacturing, building on the existing joint development programmes of Debut and L’Or...

Business

Guerlain ventures into prestige haircare market

Guerlain, the LVMH-owned French cosmetics house, is set to venture into the haircare market, as per a report from WWD. The launch of Guerlain's inaugural haircare line, scheduled for June 15th, signifies the company's strategic move into a prestigious sector that is projected to experience significant growth. According to Statista, the prestige...

Business

Walgreens Boots Alliance reportedly cutting 10 percent of corporate jobs

Pharmaceutical group Walgreens Boots Alliance (WBA) has reportedly said that it would be cutting 10 percent of its corporate jobs as it looks to streamline operations. The company said that it would be eliminating 504 roles, many of which are believed to be based at the Deerfield and Chicago offices. In a statement to Reuters, the company noted...

Business

Ulta Beauty sales increase 12.3 percent for Q1, 2023

Ulta Beauty has reported another increase in its net sales for the 13-week period ended April 29, 2023, rising 12.3 percent to 2.6 billion dollars, compared to 2.3 billion dollars in the same period last year. The retailer said the results came due to an increase in comparable sales, which rose 9.3 percent, a strong new store performance and...

Business

Revolution Beauty co-founder steps down, but revenues are up

Revolution Beauty has announced that its co-founder Tom Allsworth will be stepping down from his position as non-executive chairman, and will be succeeded by the company’s senior non-executive director Derek Zissman. Zissman joined Revolution on its IPO in July 2021, and had most recently led an independent investigation committee launched in...

Business

Elf Beauty Q4 net sales grow 78 percent

Elf Beauty has outlined its results for the three and 12 months ended March 31, 2023, where it saw net sales grow by 78 percent in Q4. Its sales rose to 187.4 million dollars during this period, largely driven by strength across its retail and e-commerce channels, while its gross margin also increased by 470 basis points to 69 percent....

People |Beauty

Virtue Labs taps Jose Luis Palacios as CEO

Virtue Labs, the fast-growing biotech haircare company, has tapped Jose Luis Palacios as its chief executive officer as it announces a new growth equity finance round led by Clearasil and Just for Men owner Combe, Inc., its majority shareholder. Palacios succeeds Virtue Labs founder Melisse Shaban, who launched the haircare brand in 2017. Shaban...

Retail |Beauty

Haus Labs by Lady Gaga to launch exclusively at Sephora UK

The make-up brand Haus Labs by Lady Gaga is to debut in the UK, exclusively at Sephora UK, next month. Lady Gaga’s brand, which is already sold exclusively at Sephora in the US and Canada, will be available from the beauty emporium’s new UK store at Westfield White City and online at Sepora.co.uk from June 6. The viral and award-winning Haus...