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9 Nov

Ralph Lauren Beats Sales and Profit Estimates in Q2

by Beautifaire101
Beauty, Featured
Ralph Lauren Beats Sales and Profit Estimates in Q2
Updated Nov. 8 3:45 p.m. Ralph Lauren Corp. continued to play its game well within the fiscal second quarter — despite weakness within the North American wholesale business and a tougher economy.  The corporate has been on a campaign to raise its brand and kept at it this quarter, boosting average unit retail prices at its own stores and on its website by 10 percent, on top of an 18 percent increase a yr earlier. Overall, the brand has pushed its prices up a complete of greater than 70 percent over the past six years.  That march higher has been driven by quite a lot of components — from the form of products sold to the costs charged to where they’re sold.  Along the way...
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25 Oct

Lauren Perez and Allie Glines’ Brand Incubator Raises $12

by Beautifaire101
Beauty, Featured
Lauren Perez and Allie Glines’ Brand Incubator Raises
FounderSix, the influencer beauty brand incubator behind Allie Glines’ Ravie Beauty, Alex Renee’s Ary World and Lauren Perez’s Anablue, has gained a recent investment. The incubator, which was founded in 2020, has raised $12 million from KD Capital. The firm has previously invested in OkCupid, ShopRunner, Spot Hero and Teleon Health, amongst other corporations, in accordance with its website. “We’re quite different from brand incubators in the wonder space. You generally get ones which can be either manufacturing-focused or investment-focused. We have now a holistic offering of what we are able to do,” said Oli Goulden, who cofounded FounderSix with Pieter Wittgen. “With the cash now being there to launch these brands and get them to a certain level, we are able...
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