Inks – Beautifaire

29 Feb

Estée Lauder Inks Uber Eats’ First Beauty Partnership

Beauty enthusiasts will soon have the opportunity to Uber Eats their favorite candles and skincare to their homes. As a part of a deal between Uber and The Estée Lauder Cos. Inc., Jo Malone London and Origins will arrange shop on the Uber Eats and Postmates apps this weekend, allowing customers to buy products from greater than 60 stores within the U.S. The partnership is a possibility for Lauder — which recently reported a 16 percent sales growth — to profit from Uber’s delivery business, which has grown 150 percent year-over-year, in keeping with Uber. In turn, Uber is seeking to expand its categories to incorporate alcohol, groceries, convenience and, in fact, beauty. “The past yr [has] accelerated this notion of the ‘get...

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12 Jul

Stylitics Inks Deal to Acquire Wide Eyes

by Beauty Tips

Fashion, Featured

Stylitics Inks Deal to Acquire Wide Eyes

Stylitics, the AI-powered digital merchandising and styling technology platform, inked a deal to amass Wide Eyes, a visible AI solution provider based in Barcelona. Terms of the deal weren't disclosed, but Stylitics said in a press release that the acquisition enhances its “inspirational commerce platform with image recognition and artificial intelligence technology that drives easier product discovery and faster conversion.” The acquisition occurs as more retailers, brands and consumer embrace visual merchandising and shopping. Stylitics said its platform was built “to make all visual content shoppable enabling visual search and image-based shopping on the front-end, while expanding computer vision-driven product attribution and data enrichment on the back-end.” Moreover, the acquisition further expands Stylitics’ growing presence in Europe and the U.K., the corporate said...

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12 Jul

Prada Inks Agreement With Unions on Welfare Plan

by Beauty Tips

Fashion, Featured

Prada Inks Agreement With Unions on Welfare Plan

MILAN – The Prada Group has inked an agreement with unions to further spend money on the corporate’s welfare plan. “For the Prada Group, placing its own collaborators and their families on the forefront is of fundamental importance,” said chief executive officer Andrea Guerra. “The tools that we now have developed along with the unions and that allow us to supply more resources to our individuals are a option to contribute to succeed in a greater balance between private life and work.”A performance bonus of 1,450 euros might be increased depending on productivity and it would be hiked by 20 percent if converted into welfare and spent through the MyPradaGroup platform. The platform allows employees to be financially supported on medical...

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28 May

Virtue Labs Inks Recent Funding Round, Hires Recent CEO

by Beautifaire101

Beauty, Featured

Virtue Labs Inks Recent Funding Round, Hires Recent CEO

Hair care brand Virtue Labs has tapped Jose Luis Palacios as chief executive officer concurrently it has raised a recent financing round led by Clearasil and Only for Men owner Combe, its majority shareholder. Palacios takes the reins from Virtue Labs founder Melisse Shaban, who launched the brand in 2017. Shaban, the previous CEO of Strivectin Operating Company and Frédéric Fekkai will proceed to function an adviser to the CEO and the board, based on the corporate. Palacios joins Virtue after a protracted profession in the buyer brands industry, including global leadership positions at Procter & Gamble, Coty Inc., and most recently, Google, where he worked in the buyer product goods division. At Coty, he held quite a few positions, including global vp of...

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