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Q3 Makeup Sales Continue to Decline, NPD Group Reports
Ashley Rosario Sales of U.S. prestige beauty products reached $4.2 billion in Q3, a 1 percent increase over 2018, according to market research findings from The NPD Group reported online. Under the...
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Unilever Has A New Chairman of the Board
Unilever has announced that Marijn Dekkers will step down as chairman of the board with immediate effect. Dekkers, who was appointed in April 2016, made this decision so he can focus on his growing...
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Coty Buys Majority Stake in Kylie Cosmetics for $600 Million
Kylie Jenner, founder of Kylie Cosmetics and Kylie Skin, announced her strategic partnership with Coty in order to expand her existing beauty business into a global powerhouse brand. Under the terms of...
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Estée Lauder Acquires Dr. Jart +
The Estée Lauder Companies has acquired Have & Be Co. Ltd., the company that owns global skincare brand Dr. Jart+ and men’s grooming brand Do The Right Thing. This new found partnership between...
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M·A·C Cosmetics Taps Former Coty Exec for Global VP Role
M·A·C Cosmetics, part of The Estée Lauder Companies, announced the appointment of Ukonwa Ojo as senior vice president, global marketing, effective December 2, 2019. Ojo will report to Philippe Pinatel,...
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Beauty Sales Will Increase This Holiday, NPD Group Predicts
Ashley RosarioAccording to the NPD Group, U.S. prestige beauty’s sales performance during the holiday season will be the opposite of how the market performed in the first nine months of the year. With...
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The Professional Beauty Association Sparks Change at its Executive Summit
With more than 300 of the beauty industry’s thought leaders, the Professional Beauty Association (PBA) hosted its 6th annual Executive Summit in Scottsdale, Arizona on November 20-21, 2019. The PBA’s...
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Leadership Changes at LVMH's Kendo
Brenda Huerta LVMH’s beauty incubator Kendo is shaking up its leadership team. Starting January 2020, current senior vice president, global general manager Kristin Walcott will step up as Kendo’s new...
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The Wahl Fade It Forward Program Celebrates Its First Graduating Barbers
Brenda Huerta The Wahl Fade it Forward program has announced that its first class of scholarship students have finished their 13-month training and are now set to graduate and join the world of...
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Executive Q&A: Jenefer Palmer, CEO, OSEA
Among the first truly natural skincare lines, OSEA’s founder talks about her Malibu-based company and its non-toxic, seaweed-infused products.Beauty Store Business first caught up with Jenefer Palmer,...
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