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4 Jul

Beauty’s Highest Paid CEOs – WWD

Beauty’s Highest Paid CEOs – WWD
The Estée Lauder Cos.’ Fabrizio Freda returned to the highest of WWD Beauty Inc.’s listing of the highest-paid beauty executives in 2022, despite his 61.4 percent drop in pay for the corporate’s fiscal 12 months ended June. He was not alone — nine of the opposite leading executives on the list also saw a cut in pay, with Coty’s Sue Nabi dropping from highest earner in 2021, attributable to the stock-based compensation involved in her sign-on package, to number 18 in 2022. The drop in Freda’s paycheck was also linked to a discount in stock-based compensation. WWD The most important pay rises, meanwhile, were seen by Marico’s Saugata Gupta and Compagnie Financière Richemont’s Jérôme Lambert, followed by Dabur’s Mohit Malhotra, Axel Dumas...
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1 Jul

Beauty’s Inventory Shrink Conundrum – WWD

Beauty’s Inventory Shrink Conundrum – WWD
Personal care and sweetness products under lock and key? That's becoming increasingly common place in mass merchandisers and specialty beauty retailers across the country, with on a regular basis items like body wash, shampoo and toothpaste safeguarded securely behind locked plexiglass windows in lots of stores and the likes of Ulta Beauty preparing to lock fragrance in cabinets in 70 percent of stores by the top of the 12 months. That’s because some retailers are reporting that inventory shrink — the difference between a balance-sheet inventory and actual stock that is commonly blamed on organized retail crime — is putting increased pressure on operating margins, with beauty being one of the affected categories, along with electronics, video games, smart phone accessories, and...
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25 Jun

Will Beauty’s Rapid Pace of Growth Moderate in 2023?

Will Beauty’s Rapid Pace of Growth Moderate in 2023?
After a stellar 2022 for a big chunk of the sweetness industry, some cracks are starting to indicate in two of the most important players’ financial results — the Estée Lauder Cos. and Ulta Beauty. But is that this an indication that an enormous slowdown is on its way for the industry after having fun with the fruits of a post-pandemic boom? Based on analysts, the recent results shouldn’t sound the alarm for the industry as an entire, although expect some moderation in growth because the 2022 comps will likely be very tough to beat. In any case, as consumers returned en masse to beauty post-COVID-19, despite soaring inflation and recession fears, 2022 was a 12 months that Ulta Beauty clocked in...
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11 Jun

YSL Beauty’s Latest Campaign With Lil Nas X Embraces

YSL Beauty’s Latest Campaign With Lil Nas X Embraces
The representation we see in music, in media and particularly in beauty ads helps to shape the subsequent generation and their ideals around traditional beauty standards. That’s why when Lil Nas X became the primary male rapper in history to front a makeup campaign when he joined forces with YSL Beauty in August 2022, we knew we were in for something epic. And we were right. The boldness, the Blackness and more vital the representation from an iconic legacy brand specializing in a recent standard of beauty — chefs kiss.  Now to commemorate the second yr with the brand, Lil Nas X and YSL are back for Pride month to launch two installments of the brand’s newest campaign featuring the worldwide popstar....
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