Bath & Body Works missed Wall Street’s sales forecast in its second quarter and lowered its full-year outlook amid a challenging backdrop of economic uncertainty and consumers tightening their purse strings. The company reported net sales of $1.53 billion for the quarter ended Aug. 3, a decrease of 2.1 percent from a year earlier. Analysts...Read More
Here, the latest executive moves in beauty — from wearable wellness company Ōura’s new chief design officer, to the newly-created roles at fragrance brands Ledda and House of Bō, and more. James Park courtesy James Park, most recently president at Herbivore Botanicals, has joined The 7 Virtues as chief executive officer. The 2010-founded fragrance brand...Read More
PARIS – The European Commission has fined International Flavors and Fragrances Inc. and International Flavors and Fragrances SAS 15.9 million euros for obstructing an antitrust inspection in 2023. “The commission found that during the inspection, a senior employee of IFF intentionally deleted WhatsApp messages exchanged with a competitor,” the European Commission said in a statement released...Read More
Caspar Lee, cofounder of influencer.com, and Armaan Mehta, cofounder of Odore, sat down with Kathryn Hopkins, senior beauty editor of WWD, to discuss how to build advocacy, loyalty and authenticity when brands do content creator campaigns. Odore is a digital product sampling platform that enables companies such as L’Oréal, Shiseido and LVMH to create and manage targeted campaigns for...Read More
Noelia Voigt announced her resignation from her title of Miss USA 2023 on Monday. Months after becoming the first Venezuelan-American woman to ever win the Miss USA pageant on Sept. 29, Voigt shared her decision to relinquish the title to focus on her mental health. “In life, I strongly value the importance of making decisions...Read More
Is the Estée Lauder Cos. finally turning a corner? The beauty company, which has been struggling amid slower demand in Asia and at home, beat Wall Street forecasts on the top and bottom lines in the third quarter of its fiscal 2024 and lifted its annual profit outlook. The owner of Mac, Jo Malone, La Mer, Tom...Read More
PARIS — The European Commission has just presented its Work Program 2024, and in it there was notably no mention of the Registration, Evaluation, Authorization and Restriction of Chemicals, or REACH, a governing regulation that can impact the beauty industry. During his closing statements of the European Parliament’s plenary session on Tuesday, Maroš Šefčovič, vice...Read More
Love Wellness has named Maria Dempsey, who departed from Nest New York earlier this month, the brand’s new chief executive officer. She will take over from brand founder Lo Bosworth. Over Dempsey’s 30-year career, she worked as CEO of Nest New York, executive vice president of regional marketing at Clarins, vice president of marketing at...Read More
Macy’s is partnering with Dior Beauty as its first beauty sponsor for the 48th annual Macy’s Flower Show. Thousands of plants, flowers and trees will be on display on the main floor, balcony and windows of Macy’s Herald Square flagship store in New YorkCity from March 26 through April 10. Dior’s exhibition, centered on its...Read More
It’s the world of Rhode, and we’re all just living in it. Hailey Bieber launched her beauty brand, Rhode, directly on its website on June 15 with a pared-back assortment of five stockkeeping units. Already, though, she’s thinking big picture. “The vision for me from the beginning was the world of Rhode,” Bieber told WWD....Read More
