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2 Aug

E.l.f. Beats Wall Street Estimates, Raises Full-year Forecasts –

E.l.f. Beats Wall Street Estimates, Raises Full-year Forecasts –
E.l.f. Beauty began fiscal 2024 with a bang. The Oakland, California-based beauty company, whose brands include Well People and Soulcare in addition to its namesake cosmetics and skincare lines, once more blew through Wall Street estimates on each the highest and bottom lines, allowing it to lift its full-year forecasts. Net sales increased 76 percent to $216.3 million for the three months ended June 30, compared with $122.6 million a 12 months earlier, primarily driven by strength in each retailer and e-commerce channels. Analysts polled by Factset had on average penciled in sales to are available in at $206 million. “This marks our 18th consecutive quarter of delivering each net sales growth and market share gains. We're one in all only five publicly traded...
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20 Jul

Third Street Promenade in Southern California Works to Get

Third Street Promenade in Southern California Works to Get
On the planet of retail, the mantra for achievement is location, location, location. But that formula hasn’t been working too well for the Third Street Promenade, the breezy seaside pedestrian shopping center in affluent Santa Monica, California, where a modest home sells for $1.6 million and the common annual household income is $158,000. Over the past few years, the three-block-long walkway that exploded with shoppers and tourists when it was redeveloped in 1989 has gone from boom to bust after a series of events altered retail all over the place. Now the issue is easy methods to fix it. The promenade’s decline began around 2005 to 2007 when it seemed your entire shopping community discovered e-commerce and Amazon trucks became a force of...
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8 Jun

Street Dreams: Crenshaw Skate Club Involves London With Browns

Street Dreams: Crenshaw Skate Club Involves London With Browns
LONDON — Tobey McIntosh founded Crenshaw Skate Club when he was just 14 years old in 2017 in Los Angeles.  Six years later, while studying computer science at Stanford University, he’s launching a 20-piece ready-to-wear collection and 4 skateboard decks from CSC with Browns. Prices range from 135 kilos to 535 kilos. “I can’t imagine I’ve had the chance to do something like this out in London and to simply put my ideas on a canvas. The goal of the garments is to inform a message [and shed] light on inner-city skating and show them the importance of it,” said McIntosh on a Zoom call from his university dorm. “Often once I do like a group, it’s just me by myself, but [Browns]...
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7 Jun

Jenni Kayne to Open Latest Store at 2 Fundamental

Jenni Kayne to Open Latest Store at 2 Fundamental
California-based lifestyle brand Jenni Kayne is opening its second store within the Hamptons on Saturday — this one at 2 Fundamental Street in Southampton. Kayne already has a store in neighboring Amagansett that opened in 2021. Each are everlasting locations. The brand new 1,800-square-foot space offers the total range of Jenni Kayne products including apparel, accessories, home and apothecary items. Jenni Kayne joins other fashion stores in Southampton comparable to Ramy Brook, Alice + Olivia, Ralph Lauren, Club Monaco, Fivestory, LoveShackFancy, Tenet, Henry Lehr and J. McLaughlin. The brand new Jenni Kayne store encompasses a coastal-inspired palette of inspired neutrals which can be synonymous with the brand’s aesthetic. Grounding earth tones and natural oak create the ambiance for the brand’s elevated,...
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