PYMNTS-MonitorEdge-May-2024

Cosmetics

L’Oréal, Perfect Use AI and Tech to Drive Makeup Makeover
L’Oréal, Perfect Use AI and Tech to Drive Makeup Makeover
January 04, 2023  |  Retail

Whether it’s for speed, convenience, precision or accessibility, the cosmetic industry is undergoing a major makeup makeover. While a challenging economy and changing consumer tastes...

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UK’s BooHoo Group Doubles Stake in Revolution Beauty
UK’s BooHoo Group Doubles Stake in Revolution Beauty
November 29, 2022  |  Retail

U.K. fashion retailer Boohoo has doubled its stake in cosmetics brand Revolution Beauty. Boohoo announced the move in a Monday (Nov. 28) news release, saying...

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e.l.f. Beauty Takes on Inflation With Dual Pricing Strategy
e.l.f. Beauty Takes on Inflation With Dual Pricing Strategy
September 20, 2022  |  Retail

In the face of rampant inflation, the CEO of omnichannel cosmetics firm e.l.f. Beauty says the company chose not to increase prices on roughly one-third...

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With 2Q Sales Down 19 Pct YOY, L’Oreal Plans New Product Launches
With 2Q Sales Down 19 Pct YOY, L’Oreal Plans New Product Launches
July 30, 2020  |  Retail

Beauty powerhouse L’Oréal is planning to launch an array of new products and advertisements to compete in a market that has been reshaped by COVID-19, Chairman...

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Sally Beauty Holdings Sees Q3 Net Sales Drop 28 Pct YOY
Sally Beauty Holdings Sees Q3 Net Sales Drop 28 Pct YOY
July 30, 2020  |  Earnings

Sally Beauty Holdings Inc. reported that its net sales fell in the third quarter to $705.3 million, a nearly 28 percent drop compared to the same...

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Sally Beauty Holdings Sees 278 Pct In Q3 Digital Growth
Sally Beauty Holdings Sees 278 Pct In Q3 Digital Growth
July 06, 2020  |  Retail

Amid its ongoing digital commerce transformation, Sally Beauty Holdings Inc. reported third-quarter digital growth of 278 percent over the prior year. The beauty retailer also...

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Bright Spots In Retail Earnings And Cosmetics Sales
Bright Spots In Retail Earnings And Cosmetics Sales
May 22, 2020  |  Today In Data

TJX reported earnings that showed a fast uptick for store opening traffic after having closed all of its retail locations globally in March, without an eCommerce shopping capability. And cosmetics is...

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Pandemic Drives Cross-Currents In Cosmetics Sales
Pandemic Drives Cross-Currents In Cosmetics Sales
May 21, 2020  |  Retail

Can’t go to the office. Can’t go out to dinner. In some places, people are still discouraged from leaving the house. And in most cities,...

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Cosmetics Brand Natura Exposes Customer Data
Cosmetics Brand Natura Exposes Customer Data
May 19, 2020  |  Security & Fraud

The Brazil cosmetics company that bought Avon Products Inc. in January accidentally exposed personal information about 250,000 of its customers that could have been accessed...

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