Change is a constant factor, a reality that can even unsettle the most renowned brands, forcing them to confront various challenges, as is the case with Estée Lauder Companies. In an earnings call Wednesday (Nov. 1), Estee Lauder revealed a slower-than-expected recovery in prestige beauty,...
Luxury fashion brand Hermès has broadened its offerings in the beauty sector, introducing a new line of products that includes mascara, eyeshadow, and makeup brushes. This decision aligns with the goal of catering to the aspirational shopper, who may not have the means to purchase...
On Monday (Oct 2), Oddity Tech reported third-quarter results that showed revenue growth of 29% to 31% and attributed this to repeat sales in its Il Makiage and Spoiled Child brands. In June, PYMNTS reported that the Israeli firm, founded in 2018 by siblings Oran...
If TikTok told you to rotate your skincare products biweekly, you probably started to rotate your skincare regimen. Or you know someone who did. But while the recommendation could be a solid tip, it lacks personalization. And with insane makeups on personalized skincare services, it’s...
June 27, 2023
If TikTok told you to rotate your skincare products biweekly, you probably started to rotate your skincare regimen. Or you know someone who did. But while the recommendation could be a solid tip, it lacks personalization. And with insane makeups on personalized skincare services, it’s easy to understand why someone would resort to getting their […]
May 11, 2023
Despite being among the worst hit by the pandemic, the beauty services market has begun to rebound. Sales in the United States have reached nearly 70% of their pre-pandemic levels...
September 09, 2021
eCommerce continues its decade-long rise, with global online sales spiking 38% year over year in the first quarter of 2021 and projected to hit $4.2 trillion by the end of...
September 08, 2024
Salon/spa software provider Mangomint has raised $35 million in a Series B funding round. The company announced the new financing Friday (Sept. 6), along with a new suite of marketing automation features designed to help beauty and wellness businesses drive profitability in a difficult sector. “From rent and facility costs to product inventory, staff payroll, […]
November 05, 2019
Boulevard, a provider of back-office management software for the spa and salon industry, has raised $11 million in a Series A funding round from investors, including Index Ventures and Bonfire...
October 26, 2018
Madison Reed has announced the launch of a virtual try-on tool that will help customers test out potential hair colors. Visitors to the hair color brand’s website will be able...
June 20, 2018
Online retailer Brandless has expanded its offerings in its clean beauty product line. Launched in 2017, Brandless is an online platform where everything is off-brand, and it all costs $3 or...
