Category: Beauty

What to Expect From Beauty Investing in 2024

Dwi,
While investors are shying away from many consumer-related industries, beauty is still attractive, according to a new report. XRC Ventures, an early-stage venture fund, polled its network of US and European investors and found that 80 percent plan to invest the same or more in beauty in 2024. More from WWD “Consumer investors are most bullish on beauty because the multiples in the category have held up and that’s largely to do with it being viewed as recession proof — its ability to continue to grow while there’s consumer tightening that’s happening,” said Diana Melencio, a partner at XRC Ventures…
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Judge Throws Out Sephora Clean Beauty False Advertising Lawsuit

Dwi,
On March. 15, Judge David Hurd of the US District Court for the Northern District of New York sided with Sephora on its motion to dismiss the lawsuit brought by New York resident Lindsey Finster. The fourteen-page response stated that the plaintiff failed to “plausibly allege any of the claims contained in her complaint,” which accused Sephora of seven violations including fraud and breach of warranty over its “Clean at Sephora” designation. The ruling stated that nowhere in Sephora’s definition of “clean” did it state that products were free of all synthetic or harmful ingredients, but rather was clear that…
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Retail India News: Tira Beauty Welcomes SKIN1004 to Indian Retail Landscape

Dwi,
Retail India News: Sanfe Sets a New Standard in Feminine Skincare with Glycoclear Tech In the bustling landscape of India’s retail body care market, where fragrance and moisturization take center stage, a transformative innovation is shaking up the norms. Sanfe, an IIT Delhi startup, founded by Archit Agarwal and Harry Sehrawat, has unveiled a groundbreaking solution that goes beyond the conventional offerings. The introduction of Glycoclear Technology is set to redefine the narrative of feminine care, targeting the myriad of complex body care issues faced by Indian women. Inspiration struck Agarwal and Sehrawat when they observed a lack of confidence…
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Ulta Beauty beats on top and bottom lines in Q4, revises full-year guidance By Investing.com

Dwi,
© Reuters. Ulta Beauty (ULTA) beats top and bottom lines in Q4, revises full-year guidance Ulta Beauty (NASDAQ:) reported better-than-expected earnings and revenue for the fiscal Q4 2023 and revised guidance for the full-year operating margin and capital expenditure. The company’s shares fell over 3% in after-hours trading Thursday. For Q4 2023, the American chain of beauty stores reported earnings per share (EPS) of $8.08, beating the analysts’ prediction of $7.52. Quarterly revenues stood at $3.6 billion, topping the anticipated $3.53 billion. Comparable sales grew by 2.5%, a significant drop from the previous year’s 15.6% but slightly ahead of the…
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McDonald’s, Nails.INC launch new beauty collaboration sold at Target, Amazon – NBC Chicago

Dwi,
McDonald’s lovers can now take their fondness of fries and Big Macs into their own hands — or, at least, their nails. London-based beauty brand Nails.Inc has collaborated with the Chicago-based burger chain to create McDonald’s-inspired nail polish and nail sticker sets, the brand announced on Instagram last month. “Nails.INC x McDonald’s collab has landed,” the post, from Feb. 20 said. “We’re lovin’ this McDonald’s mani.” According to a press release, the collaboration comes in the form of four products: A “McDonald’s Burger Mini Nail Polish and Sticker Duo,” a “McDonald’s Fries Nail Polish and Sticker Set,” an “I’m Lovin’…
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Puig exceeds EUR 4,300 million in revenues 2023

Dwi,
The Spanish beauty giant [1] closed 2023 with record net revenues of 4,304 million euros, an increase of 19% on 2022 (also +19% comparable perimeter and with constant exchange rates), with double-digit growth across all segments and geographies. These results are significantly ahead of the company’s plan, established in 2021, to reach 3,000 billion euros in revenues in 2023. Net profit rose to 465 million euros, up 16% compared to the previous year. Puig grows in all segments (fragrances and fashion, makeup, skincare), with double-digit revenue growth vs 2022, ahead of the market average. Rabanne…
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Infiniment Coty Paris, how Coty combines innovation and luxury perfumery

Dwi,
The Infiniment Coty Paris brand was born from the vision of two creators, Sue Nabi, CEO of the Coty Group, and Nicolas Vu, Founder of the ultra-luxury skincare brand Orveda. A duo with a passion for the world of beauty. African-born Sue, is a keen scientist, who aspires to create a “desirable future”. Nicolas, Asian-born and steeped in urban culture, places the socio-cultural dimension at the heart of his creative thinking. A bridge between past and future Rather than a heritage range of re-editions, Sue Nabi and Nicolas Vu wanted to launch a brand in its own right. A collection…
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Mental Health Monday: Local salon promotes beauty on the outside and inside – LocalNews8.com

Dwi,
REXBURG, Idaho (KIFI) – True beauty starts on the inside; Something one local salon stands behind. Last week we introduced you to a new mental health program called InUPowers. That program is teaching local stylists to help people feel beautiful from the inside out improving their mindset and how they can care for others. Beautifulness has a deeper meaning at Tami’s Salon in Rexburg. Instead, they break it down to 4 words: be, you (U), to, fullness. Each with their own definition. Be: “Your aliveness.” U: “Your unique beauty formula combination that makes you, U!” To: “Moving forward (emotional health).”…
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