Beauty & Balance

Revlon Sales Decline, Loss Narrows

Revlon Inc. reported further dips in net sales for the second quarter, due to declines in some of the company’s smaller brands and the fragrance segment. Revlon’s net sales fell 6 percent to $570.2 million in the quarter, but the net loss narrowed from $122.5 million in the prior-year period, to $63.7 million. Net loss per […]

Beauty & Balance

Birchbox x Walgreens Expands to Five More Stores

Birchbox is slated to open five more shops-in-shop at Walgreens this month. The beauty business has plans to open locations in Walgreens stores in Ann Arbor, Mich.; Deerfield, Ill.; San Francisco; Daly City, Calif., and El Segundo, Calif. That will bring the total number of Birchbox doors inside Walgreens outposts to 11. The partnership kicked […]

Beauty & Balance

Douglas Acquires Niche Beauty Site

PARIS — German premium beauty retailer Douglas is acquiring a majority stake in Niche Beauty, an online business focused on premium cosmetics brands from around the world. Financial terms of the deal, through which Douglas has taken a 51 percent share of Niche Beauty, were not disclosed. The move was made to strengthen Douglas’ position […]

Beauty & Balance

P&G Takes $8 Billion Writedown on Gillette

Procter & Gamble is taking a one-time, $8 billion writedown related to the Gillette business, the company said Tuesday. Chief financial officer Jon Moeller said the Gillette business has faced significant currency impacts which, combined with lower shave frequency, caused P&G to take a one-time, non-cash accounting writedown. He also acknowledged new competitors in the […]

Beauty & Balance

How Tom Ford Beauty Plans to Scale Luxury

Move over Chanel, Dior, Armani, et.al. With the launch of Tom Ford Research, its new skin-care arm, Tom Ford Beauty is looking to become the first big designer master brand of the 21st century, playing across multiple categories in key geographies around the world. The Estée Lauder Cos. Inc.-owned brand launched fragrance in 2006 and color […]

Beauty & Balance

Day Two at Beauty Summit: Building Trust Is Paramount

NEW YORK — Beauty companies are working hard to gain the trust of their consumers on all touchpoints, from product formulations to sustainable practices and brand message. A number of speakers at the WWD Beauty Summit at New York’s Conrad hotel on Wednesday emphasized how this is paramount today. “There’s a huge crisis of trust […]

Beauty & Balance

Bluemercury: 20 Years of Growth

1999: Marla and Barry Beck open Bluemercury as a start-up e-commerce site, with $1 million in seed money. 2000: The Becks learn the world isn’t quite ready for a beauty e-tailer. Bluemercury’s first retail store opens, in Washington, D.C.’s Georgetown neighborhood. (A Harvard Business School study credits the company with coining the term “clicks to […]