Piper Jaffray has released the results of its 36th “Taking Stock With Teens” study, showing that Gen-Z girls are now spending three times more on beauty than accessories, while streetwear still dominates apparel trends.
Ulta Beauty, Inc. has announced that Charles J. Philippin will resign as the company's non-executive chairperson of the Board of Directors due to medical reasons. Robert F. DiRomualdo will take his place on the board.
Beauty retailer Memebox has partnered with Sephora to create a new cosmetics line, Kaja. Translating from Korean as "let's go", the partnership marks the first co-developed K-beauty brand with Sephora.
The beauty retailer reported strong income and revenue growth in the second quarter and first half of fiscal 2018 on Thursday, with e-commerce leading sales increases across skincare, fragrance and mass cosmetics.