Beauty – Page 704 – Beautifaire

4 May

Allure Readers’ Alternative Awards 2023: 10 Skin Care Winners

Hold on — are you a professor of dermatology? A beauty editor or skin-care formulator? Because your passion for the Skin-Care category of our 2023 Readers' Alternative Awards has us convinced that you simply work with the stuff for a living. This yr, your vigor (and tens of hundreds of votes) during our Readers' Alternative voting process revealed what you're keen on to slather across your face and neck every day, together with a few of one of the best products the category has to supply.In terms of skincare, no two vanities are alike, so when the world can come together and agree on 10 amazing products, it's an enormous deal. Among the many adored, you will find a bounce-inducing moisturizer,...

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3 May

The Estée Lauder Cos. Shares Tumble on Downgraded Outlook

by Beautifaire101

Beauty, Featured

The Estée Lauder Cos. Shares Tumble on Downgraded Outlook

Greater than three years after the worldwide COVID-19 pandemic began, the Estée Lauder Cos. continues to be reeling from its impact. The wonder giant and latest owner of Tom Ford has once more slashed its full-year forecasts for each the highest and bottom lines attributable to a slower-than-expected recovery in travel retail in Asia, its executive team revealed Wednesday, causing the corporate’s share price to tumble around 18 percent to $202.70. The lowered forecast comes despite an easing in lockdowns in mainland China, with sales within the region returning to growth within the third quarter. Lauder’s overall net sales for the total yr are actually forecast to diminish between 10 percent and 12 percent, greater than the previously expected 5 percent to 7...

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3 May

Sephora U.S. Names Zena Srivatsa Arnold Chief Marketing Officer

by Beautifaire101

Beauty, Featured

Sephora U.S. Names Zena Srivatsa Arnold Chief Marketing Officer

Zena Srivatsa Arnold has been named chief marketing officer of Sephora U.S. She most recently served as senior vp, carbonated soft drinks at PepsiCo. Before that, she held senior marketing and management positions at Kimberly-Clark, Google, Kellogg Company and Proctor & Gamble. Sephora Americas president and chief executive officer Jean-André Rougeot noted in a memo seen by WWD that “with a knack for disruption, Zena brings extensive experience in not only constructing and growing brands, but driving initiatives that reach clients digitally. She brings that rare experience of each traditional consumer marketing and performance marketing.” Her appointment will take effect early summer, and follows a period of worldwide C-suite reshuffles at Sephora. Srivatsa Arnold’s predecessor, Deborah Yeh, transitioned solely to global chief purpose officer...

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3 May

The Estée Lauder Cos. Lowers Full Yr Forecast –

by Beautifaire101

Beauty, Featured

The Estée Lauder Cos. has once more lowered its outlook as a result of a slower than expected recovery in Asia. Net sales for the complete yr are forecast to diminish between 10 percent and 12 percent, in comparison with the prior yr. It previously forecast a 5 percent to 7 percent drop. Adjusted diluted earnings per common share are expected to fall between 50 percent and 51 percent, compared with the previous forecast for a 27 percent to 29 percent decline. “Because the shape of recovery from the pandemic for Asia travel retail comes into higher focus, it's proving to be each much more volatile than we expected and more gradual relative to what we experienced in other regions. We're, due...

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