Growth – Page 7 – Beautifaire

18 Jun

Ring Concierge Angles for Recent Growth With First-ever CMO Hire

Ring Concierge, the growing direct-to-consumer label of engagement rings and other nice jewelry styles, has hired its first chief marketing officer. Neda Whitney, former senior vp and head of promoting for Christie’s within the Americas, is joining the corporate. Whitney also worked at Spring Studios, Huge, and at ad agency R/GA, where she worked with clients including Tiffany & Co., L’Oréal and Amazon. She will likely be tasked with setting a ground-up strategy for Ring Concierge’s marketing and communications activities. Ring Concierge’s founder and chief executive officer Nicole Wegman said: “We're thrilled to welcome Neda, an completed marketing executive with a formidable track record in creating progressive marketing moments that engage each Millennial audiences and luxury consumers world wide. “We’ve found successful marketing at Ring Concierge...

0 Comments

16 Jun

L’Oreal CEO Nicolas Hieronimus on the Growth of Fragrance

by Beautifaire101

Beauty, Featured

L’Oreal CEO Nicolas Hieronimus on the Growth of Fragrance

Because the chief executive officer of L’Oréal who has overseen record growth at the corporate during exceedingly tough times, Nicolas Hieronimus isn't any stranger to accolades. But being inducted into the Fragrance Foundation Hall of Fame hits a distinct note. Perfume is a category that Hieronimus has a deep affinity for and has worked closely on during his profession, particularly during his time as president of L’Oréal Luxe, where he oversaw the event of fragrances that reman bestsellers today in the worldwide top 10 rankings, including Lancôme’s La Vie Est Belle, Giorgio Armani’s Sì, and Yves Saint Laurent’s Black Opium and Libre. It’s particularly fitting that Hieronimus accepted the award at Alice Tully Hall in Recent York City’s Lincoln Center from Sì...

0 Comments

29 May

Amazon Sees Further Growth in Prestige Market – WWD

by Beautifaire101

Beauty, Featured

Amazon Sees Further Growth in Prestige Market – WWD

While Amazon is well established within the prestige segment, the net giant sees an extra opportunity to grow. In the course of the WWD Beauty CEO Summit, Melis del Rey, Amazon general manager of U.S. stores, beauty, baby and sweetness technology, said the corporate is taking its Premium Beauty business to the subsequent level via brand partnerships. Del Rey also said the corporate has been increase the category to present customers a luxury experience through beauty technology. In a conversation with Jenny B. High quality, executive editor, beauty, of WWD and Beauty Inc, del Rey said with over 20 years of beauty experience, she is leading the charge to make Amazon Premium Beauty an industry leader and throughout the beauty tech domain....

0 Comments

25 May

Ulta Beauty’s Rapid Sales Growth Begins to Moderate –

by Beautifaire101

Beauty, Featured

Ulta Beauty’s Rapid Sales Growth Begins to Moderate –

Ulta Beauty’s stock price dipped as much as 10 percent in after-market trading Thursday as its period of rapid sales growth began to moderate. Net sales increased 12.3 percent to $2.6 billion in the primary quarter of fiscal 2023, in comparison with $2.3 billion in the identical period last yr and a touch below analysts’ predictions of $2.62 billion. Comparable sales, which include stores open at the least 14 months and e-commerce sales, increased 9.3 percent in comparison with a rise of 18 percent in the primary quarter of fiscal 2022. “We entered 2023 anticipating that the unprecedented growth in the wonder category would moderate and that the promotional environment would increase,” said chief financial officer Scott Settersten during a call with analysts....

0 Comments