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26 Dec

Ulta Surpasses Wall Street Forecasts, Upgrades Full Yr Forecast

Ulta Surpasses Wall Street Forecasts, Upgrades Full Yr Forecast
Higher prices on the checkout usually are not deterring shoppers from stocking up on makeup and skincare at Ulta Beauty. After beating Wall Street estimates on the highest and bottom lines within the third quarter, the Bolingbrook, Illinois-based beauty retailer has once more increased its full-year outlook despite soaring inflation and fears that the U.S. could fall right into a recession next 12 months. Ulta can be encouraged by sales trends it has seen to date in the course of the crucial holiday season despite jitters in the broader retail world, with major firms including Goal, with which it has a partnership, downgrading forecasts. “While predicting holiday shopping patterns this 12 months is difficult, I'm optimistic in regards to the opportunity for Ulta...
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26 Dec

Amanda Gorman is Beauty Inc’s 2022 Changemaker of the

Amanda Gorman is Beauty Inc’s 2022 Changemaker of the
Beauty Inc Awards 2022 Changemaker of the 12 months: Amanda Gorman, Global Changemaker, The Estée Lauder Cos. Estée Lauder’s global changemaker Amanda Gorman is reinventing the role of brand name ambassador — and redefining how a generation thinks. The youngest inaugural poet within the history of the U.S., whose personal style is as strong as her voice, Gorman has leveraged her role to create real change in beauty. She not only fronted a campaign for DoubleWear Stay-in-Place Makeup, but can be the force behind the corporate’s Writing Change program, whose goal is to assist close the literacy gap in America. “Very rarely does a beauty partnership mean that you may be each pretty and smart, that you may have a voice, that...
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25 Dec

Hailey Bieber Wins Beauty Inc’s 2022 Newcomer of the

Hailey Bieber Wins Beauty Inc’s 2022 Newcomer of the
Newcomer of the 12 months: Hailey Bieber, Founder, Rhode  In a 12 months that saw myriad celebrity skincare launches, one star shone brighter than others: Hailey Bieber’s Rhode. Bieber, whose every fashion and beauty move is chronicled and infrequently copied by her 50 million-plus social media followers, could easily have created a brand that capitalized on her fame with mediocre formulas and aggressive marketing. But as a substitute, she tapped a number one chemist and dermatologist to seek the advice of on Rhode, creating a decent lineup of products that were each differentiated and effective. Bieber, who said she spent much of the pandemic learning the ins and outs of skincare, also proved to be an excellent marketer. Glazed doughnut skin became...
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