All articles tagged with #beauty industry
Originally Published 1 day ago — by CNBC
The men's makeup market is rapidly growing, driven by Gen Z's openness and social media influence, with brands shifting towards gender-neutral products as societal perceptions of masculinity evolve, making men's beauty a lucrative and expanding sector.
Originally Published 19 days ago — by CNN
The year 2025 in beauty culture was marked by extremes, including a push for low-maintenance looks that require high-maintenance treatments, a broadening of beauty standards to include non-human entities like dogs, increased transparency and normalization of cosmetic procedures among celebrities, and a cultural shift towards embracing natural body hair, notably pubic hair, as a form of body positivity and self-expression.
Originally Published 2 months ago — by TMZ
Selena Gomez publicly defended Hailey Bieber after viral comments about not feeling inspired by other beauty brands, emphasizing that there is room for everyone in the industry and urging kindness among women, amidst recent social media drama.
Originally Published 4 months ago — by The New York Times
The European Union has banned the use of gel nail polishes containing the chemical TPO (trimethylbenzoyl diphenylphosphine oxide), which is used to harden and extend the durability of gel manicures, affecting salons across its 27 member countries starting September 1, 2025.
Originally Published 7 months ago — by WWD
Leonard Lauder, a legendary figure in the beauty industry and the driving force behind Estée Lauder's global success, has died at age 92. He was renowned for his innovative leadership, passion for product and branding, and his contributions to art collecting, notably donating his Cubist collection to the Metropolitan Museum of Art. Lauder's vision and mentorship shaped the prestige beauty business and left a lasting legacy in both industry and art.
Originally Published 7 months ago — by The Estée Lauder Companies Inc.
Leonard A. Lauder, a legendary figure in the cosmetics industry and former Chairman of Estée Lauder, passed away at age 92. He was instrumental in transforming the company into a global beauty leader, launching iconic brands and expanding internationally. Lauder was also a passionate philanthropist, art collector, and advocate for cancer and Alzheimer's research. His legacy includes significant contributions to the arts, education, and public service, and he is remembered as a visionary leader and generous humanitarian.
Originally Published 7 months ago — by ABC News
Hailey Bieber's beauty brand rhode has been acquired by e.l.f. Beauty in a $1 billion deal, with Bieber taking on roles as Chief Creative Officer, Head of Innovation, and strategic advisor, signaling a new chapter of growth and innovation for the brand.
Originally Published 7 months ago — by BBC
Hailey Bieber's makeup brand Rhode has been sold to e.l.f. Beauty in a deal valued at up to $1 billion, with Bieber remaining as chief creative officer. The brand, launched in 2022 and rapidly growing through social media popularity, will expand its distribution globally, including plans to be sold in Sephora. The deal underscores the rising influence and valuation of celebrity-founded beauty brands.
Originally Published 7 months ago — by Vogue
Rhode, a beauty brand founded by Hailey Bieber, has been acquired by Elf Beauty for $1 billion, marking a significant deal in the beauty industry. Bieber will continue as founder and expand her role, while the deal includes cash, stock, and future earn-out considerations. The acquisition highlights Rhode's rapid growth and innovative marketing, and signals a potential rebound in high-value beauty M&A activity, emphasizing the importance of authentic celebrity involvement and strategic brand development.
Originally Published 7 months ago — by WWD
E.l.f. Beauty is acquiring Hailey Bieber’s skincare brand Rhode in a $1 billion deal, marking its largest acquisition to date. Bieber will remain involved as chief creative officer, and the deal includes plans for international expansion and Sephora distribution. The acquisition reflects Rhode's rapid growth and E.l.f.'s strategic focus on expanding its brand portfolio in the beauty industry.
Originally Published 7 months ago — by WWD
E.l.f. Beauty has acquired Hailey Bieber's beauty brand Rhode in a $1 billion deal, marking its largest acquisition to date. Bieber will remain involved as chief creative officer, and the brand plans to expand internationally. The deal includes $800 million in cash and stock, with potential additional earnouts. Rhode has rapidly grown since its 2022 launch, and the acquisition will also facilitate its entry into Sephora U.S. stores. The move reflects E.l.f.'s strategy to expand its portfolio and influence in the beauty industry amid recent challenges.
Originally Published 1 year ago — by CNBC
E.l.f. Beauty achieved its first billion-dollar fiscal year with a 77% sales spike, but its shares fell after issuing guidance that fell short of analysts' expectations. The company's fourth fiscal quarter earnings per share and revenue exceeded Wall Street estimates, but its projected growth for the upcoming year is lower than anticipated. CEO Tarang Amin remains optimistic about the company's growth potential in cosmetics, skincare, and international markets, despite the industry slowdown signaled by Ulta Beauty's CEO.
Originally Published 1 year ago — by Yahoo Finance
Ulta Beauty's stock plunged 15% after executives warned of slowing consumer demand for beauty products, impacting shares of industry peers like Elf Beauty and Estee Lauder. The company cited a cooling in both mass and prestige segments, attributing it to factors such as higher credit-card debt and the resumption of student loan payments. Analysts expressed surprise at the moderation and uncertainty about its duration, while some believed the market reaction was overdone. Despite the slower start to the year, some analysts anticipate continued strength in the beauty sector supported by innovation and increased consumer engagement.
Originally Published 1 year ago — by CNBC
Ulta Beauty's shares dropped 13% after CEO Dave Kimbell warned of a slowdown in beauty product demand, attributing it to economic pressures and geopolitical conflicts. The company expects sales to grow in the mid single-digits for the year, but the slowdown has been "a bit earlier and bit bigger than we thought." This trend has affected various beauty categories, particularly prestige makeup and haircare. Ulta's anticipated net sales for 2024 are expected to range from $11.7 billion to $11.8 billion, with a projected 4% to 5% increase in comparable sales for the fiscal year.
Originally Published 1 year ago — by The Indian Express
Recent studies suggest that keratin-based hair straightening products containing glyoxylic acid may increase the risk of acute kidney injury due to oxalate crystal formation in the kidneys. Experts warn that glycolic acid, a common ingredient in these treatments, can metabolize into glyoxylic acid and oxalate, potentially causing kidney damage. While the risk from skincare products containing glycolic acid is inconclusive, caution is advised when using keratin treatments, including proper ventilation, protective gear, and consulting with dermatologists. More research is needed to fully understand the implications of these products on kidney health.