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e.l.f. Beauty Buys Hailey Bieber's Brand Rhode For $1 Billion: Now She's Richer Than Husband Justin Bieber
Thursday, May 29, 2025 - 1:22pm | 531e.l.f Beauty, Inc. (NYSE:ELF) on Wednesday announced it purchased rhode, Hailey Bieber's prestige cosmetics brand, for $1 billion. The massive deal makes Bieber wealthier than her husband, Justin Bieber, and revives e.l.f.'s "positive momentum," according to analysts. What To Know: Bieber...
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Beauty And The Boost: Kohl's Beats Q1 Estimates With Strong Margins; Reiterates Sephora Expansion Plans
Thursday, May 29, 2025 - 9:47am | 392Kohl’s Corporation (NYSE:KSS) shares are trading higher, up over 21.5% at the start of the trading session on Thursday. The retailer reported first-quarter earnings per share loss of 13 cents, beating the analyst consensus estimate of 37 cents loss. Quarterly sales of $3.23 billion outpaced...
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Retailers Target Billions In Unused FSA/HSA Funds With Wellness And Beauty Push
Tuesday, April 22, 2025 - 6:09am | 334Every year, billions of tax-free healthcare dollars go unspent in the U.S., and retailers have set their eyes on them. Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs), intended to offset medical costs, are becoming a major sales target for health, wellness, and beauty brands....
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Bernard Arnault Is Now Worth More Than Jeff Bezos And Mark Zuckerberg Combined
Sunday, April 16, 2023 - 10:08am | 677The surge in value of one luxury goods company has catapulted its CEO further up the world’s richest list. Here’s a look at just how much Bernard Arnault is worth now. What Happened: A legend in the fashion and luxury goods space, Bernard Arnault is the CEO and chairman of LVMH...
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Former L'Oreal Executives Announce SPAC Deal To Build Out High-Growth Beauty Platform: What Investors Should Know
Monday, November 15, 2021 - 3:51pm | 765Several executives with experience building beauty and wellness brands launched a SPAC to target acquiring disruptive companies in the industry. A SPAC deal was announced Monday to bring two companies public. The SPAC Deal: A three-way merger will bring Obagi and Milk Makeup public in a merger with...
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Rihanna Becomes A Billionaire: Here's How She Did It
Wednesday, August 4, 2021 - 5:56pm | 450Musician and actress Rihanna is now a billionaire according to new valuation rankings from Forbes. While her music helped Rihanna get to this significant milestone, it was her entrepreneurship and beauty companies that really catapulted her. What Happened: Born Robyn Fenty, Rihanna has created...
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What Sephora's New Growth Prospects Mean For Ulta Beauty
Tuesday, February 4, 2020 - 5:27pm | 419Beauty retailer Sephora expects 2020 to be its largest year of retail growth as the LVMH Moet Hennessy Louis Vuitton SA (OTC: LVMUY)-owned chain plans to open 100 new stores, the company told CNBC. Exec On Sephora's Retail Strategy Jeff Gaul, Sephora's senior vice president of real...
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What To Know About The Launch Of CBD Brand Saint Jane In Sephora
Tuesday, January 14, 2020 - 5:00pm | 363As of Jan. 10, SAINT JANE's Luxury Beauty Serum ($125) and the Deluxe Travel Luxury Beauty Serum ($38) can be found at more than 280 Sephora locations across the U.S. Luxury Beauty Serum is formulated with a very high concentration (500mg) of CBD. Full spectrum CBD retains all the nutrients...
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Analyst: Cronos-Redwood Deal 'Just The Tip Of The Iceberg'
Monday, August 5, 2019 - 1:02pm | 451Cronos Group Inc (NASDAQ: CRON) on Friday announced a $300 million buyout of U.S. CBD company Redwood Holdings, owner of CBD brand Lord Jones. Cronos shares traded lower by 5% in a weak market on Monday, but Bank of America analyst Christopher Carey said the buyout is a shrewd move by Cronos and...
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Canopy Rivers Invests In Cannabis Beauty Brand high
Tuesday, April 16, 2019 - 7:00am | 452Canopy Rivers Inc. (OTC: CNPOF), the investment arm of Canadian cannabis producer Canopy Growth Corp (NYSE: CGC), has completed an investment in High Beauty, the company behind cannabis beauty brand high. The investment involves a subscription for $2.5 million shares of High Beauty, representing 18...
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Jefferies Expects CBD Beauty Market To Reach $25 Billion In 10 Years
Tuesday, March 12, 2019 - 4:16pm | 650After initiating coverage of the cannabis industry Feb. 25, Jefferies analysts have followed up with their take on the CBD segment, particularly CBD beauty products. The research firm estimates that the CBD category could reach $25 billion globally in the next decade and will amass...
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Gartner Names Sephora As Top Specialty Retail Brand In Digital; Fossil's Comeback Continues
Thursday, July 26, 2018 - 2:42pm | 429Sephora is the top specialty retail brand in digital, according to a new study from Gartner L2. Sephora reigns victorious with strong earned media, best-in-class mobile product pages and a top-scoring mobile app, Gartner L2 said. Its platform-specific content strategy extends video shelf life via...
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Ulta Beauty Loses Another Bull
Wednesday, October 18, 2017 - 9:51am | 342Down nearly 30 percent over the past six months, Ulta Beauty Inc (NASDAQ: ULTA) continues to lose support among Wall Street analysts. The latest to part ways with a bullish stance is Piper Jaffray's Erinn Murphy, who downgraded Ulta's stock from Overweight to Neutral with a price target...
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Snapchat Effect Gives Booming Cosmetic Industry A Makeover
Saturday, May 20, 2017 - 2:44pm | 567Another day, another adage crushed by Wall Street. All that glitters is gold, so it seems. Americans spent $17 billion on prestige beauty products in 2016, according to NPD Group’s market research. Led by a 12-percent pop in makeup sales, the domestic industry saw a 6-percent, $1 billion...
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JC Penney's Q1 Beat On EPS, Missed On Other Metrics
Friday, May 12, 2017 - 8:18am | 488Shares of J C Penney Company Inc (NYSE: JCP) were seen trading higher by 3 percent early Friday morning after the company reported mixed first-quarter results. JC Penney said it earned $0.06 per share in the first quarter on revenue of $2.7 billion (versus $2.8 billion a year ago). Wall Street...