Serial beauty entrepreneur Jaimee Lupton, founder of Monday Haircare, Osāna Naturals and Being, has launched a new range of mood-matching fragrance and bodycare products. Called ‘Daise’ the new beauty line has been designed to offer a fresh and fun approach to fragrance and body care catering to discerning elder Gen Alpha and young Gen Zs, which...
Jan 16, 2025
Ulta Beauty has announced the retirement of Dave Kimbell as chief executive officer after 11 years with the business. The company said Kecia Steelman, president and chief operating officer, will succeed Kimbell as president and CEO. Reflecting stronger-than-expected performance during the holiday season, Ulta Beauty now expects fourth quarter...
Jan 7, 2025
Japanese skincare brand Tatcha is expanding its presence in the US with beauty retailer Ulta Beauty. From January 1, 2025, Tatcha’s transformative Japanese skincare will be added to Ulta Beauty's prestige beauty assortment in more than 1,400 stores across the US and online. Mary Yee, chief executive officer of Tatcha, said in a statement: "We...
Dec 9, 2024
Second quarter net sales at Ulta Beauty increased by 0.9 percent to 2.6 billion dollars due to new store contribution and growth in other revenue, while comparable sales decreased 1.2 percent. Based on these results, Ulta Beauty has lowered its outlook and now expects full year net sales to be in the range of 11 billion to 11.2 billion dollars...
Sep 2, 2024
US-based Myavana, a pioneer in Black-led AI-driven personalised haircare technology, has closed a 5.9 million US dollar funding round led by Prisma Ventures, Ulta Beauty's innovation fund. Other backers in the round included H/L Ventures, New Age Capital, BrainTrust, Duo Partners, REFASHIOND Ventures, Resilient Ventures, Amazon, Reform Ventures,...
Aug 12, 2024
Net sales at Ulta Beauty increased 3.5 percent to 2.7 billion dollars driven by increased comparable sales, new store contribution, and growth in other revenue. For FY24, the company expects net sales to be in the range of 11.7 billion dollars to 11.8 billion dollars, comparable store sale growth between 4 percent to 5 percent and diluted...
May 31, 2024
Model Bella Hadid has launched a fragrance collection in partnership with Celebrands. A set of three scents dubbed as skin perfume will launch with Ulta Beauty on May 2nd, and is being marketed as an alchemy line that is alchohol free and infused with natural oils. Celebrands is company that brings capital and operational resources to...
May 1, 2024
Fourth quarter net sales at Ulta Beauty increased 10.2 percent to 3.6 billion dollars due to increased comparable sales, new store performance, strong growth in other revenue, and the benefit of an extra week of sales in fiscal 2023. Comparable sales increased 2.5 percent, driven by a 4.5 percent increase in transactions and a 1.9 percent...
Mar 18, 2024
Scandinavian skincare brand Ole Henriksen is expanding its reach in the US with a new retail partnership deal with Ulta Beauty. From January 1, 2024, Ole Henriksen will be available to shop at 700 select Ulta Beauty stores nationwide and online at ulta.com, as the skincare brand looks to expand its brand reach and consumer base. The beauty...
Dec 19, 2023
Cosmetics retailer Ulta Beauty has reported “another strong performance” for the third quarter of 2023 – the 13-week period ended October 28, 2023 – with net sales reaching 2,488.9 million dollars, up 6.4 percent from 2,333.8 million in the year prior. Comparable sales for the period rose 4.5 percent compared to an increase of 14.6 percent,...
Dec 1, 2023
American retailer Ulta Beauty has announced the appointment of its chief operating officer Kecia Steelman to president, assigning her the responsibility of both roles simultaneously. In the two positions, Steelman will oversee corporate strategy, information technology, store operations, supply chain and loss prevention, as well as Ulta Beauty’s...
Sep 19, 2023
For the second quarter net sales at Ulta Beauty increased 10.1 percent to 2.5 billion dollars due to increased comparable sales, strong new store performance, and growth in other revenue. Comparable sales increased 8 percent driven by a 9 percent increase in transactions and a 1 percent decrease in average ticket. For the six months period net...
Aug 28, 2023