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22 Aug

It Was Each Hit and Miss for Coty in

by Beautifaire101
Beauty, Featured
Coty Inc. delivered on the highest line, but not on profit in the ultimate quarter of its 2023 fiscal yr. The wonder company, whose brands include Kylie Cosmetics, Lancaster and CoverGirl, reported net revenue of $1.4 billion in its fourth quarter ended June 30, up 16 percent year-over-year. Analysts had been expecting around $1.3 billion. Net income was $29.6 million, compared with a net lack of $286 million within the prior yr. Adjusted EPS of 1 cent improved from a lack of 1 cent within the prior yr, but got here in below Wall Street predictions for two cents. The prestige segment led through the quarter, with each reported and like-for-like sales growth of 21 percent versus the prior yr.  Consumer beauty revenue rose...
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29 Jun

20 Best Fourth of July Sales 2023 for Beauty

by Beauty Tips
Beauty, Hair, Makeup
The Fourth of July holiday is nearly here, which implies it is time to prepare for fireworks, barbecues, and yes, shopping. To have fun Independence Day, many beauty brands and retailers are having some incredible sales for you to search out deals in your favorite products and even discover something recent. Many sales kick-off days before the actual holiday and extend quite beyond it, so you'll be able to shop for a number of days (or simply cram all of it into one shopping-filled afternoon session, if that is more your style). Sounds pretty hard to pass up, no?After all, we don't desire you working too hard during your day without work, so we have rounded up several of the...
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10 Jun

For Its Fourth 12 months, Credo Beauty’s Accelerator Program

by Beautifaire101
Beauty, Featured
Credo Beauty goes to school. For its fourth annual Credo for Change accelerator program, the retailer has partnered with the Fashion Institute of Technology for the primary time to supply students enrolled within the cosmetics and fragrance marketing program profession mentorship and networking access. “After we began Credo for Change, we were very focused on where the industry was underrepresented from a brand founder perspective,” said program manager Shibisha Johnson. “Now, as we begin to take into consideration not only who's on the shelf, but who's within the office, this [partnership] was the natural next place to go along with this work.” The 13-week program will kick off July 7, offering 12 Black, Indigenous, people of color students access to...
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