23 days ago
For Cham's latest launch, designer Christy Cham traded the usual fashion dinner for something a lot more revealing.
On Friday night, the brand took over one of the Sunset Strip's storied addresses, celebrating its intimates launch with a late-night party at the Body Shop in West Hollywood.
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#body
On Friday night, the brand took over one of the Sunset Strip's storied addresses, celebrating its intimates launch with a late-night party at the Body Shop in West Hollywood.
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#body
2 months ago
Michael Saylor says Bitcoin passes what he calls the Bernard Arnault test, a rule he uses to decide whether an **** et deserves serious money.
The Strategy executive chairman posted the argument on Monday in a short video clip on X, urging followers to think like a billionaire before committing capital.
Bernard Arnault chairs LVMH Louis Vuitton Moët Hennessy, the luxury group behind Louis Vuitton, Sephora and Tiffany & Co. The company owns 75 fashion and cosmetics labels. Forbes ranks Arnault 11th in the world with $142.3 billion.
Saylor borrows the name as shorthand for buyers at the very top of the wealth ladder. His test turns on a single question about future demand.
"Bitcoin passes the Bernard Arnault test. The Bernard Arnault test is this: I have a lot of money, what should I invest it in? I should buy something that someone richer than me, smarter than me, and more cultured than me will want to buy from me in ten years," Saylor said.
#saylor #passes #michael
The Strategy executive chairman posted the argument on Monday in a short video clip on X, urging followers to think like a billionaire before committing capital.
Bernard Arnault chairs LVMH Louis Vuitton Moët Hennessy, the luxury group behind Louis Vuitton, Sephora and Tiffany & Co. The company owns 75 fashion and cosmetics labels. Forbes ranks Arnault 11th in the world with $142.3 billion.
Saylor borrows the name as shorthand for buyers at the very top of the wealth ladder. His test turns on a single question about future demand.
"Bitcoin passes the Bernard Arnault test. The Bernard Arnault test is this: I have a lot of money, what should I invest it in? I should buy something that someone richer than me, smarter than me, and more cultured than me will want to buy from me in ten years," Saylor said.
#saylor #passes #michael
2 months ago
Lululemon has overhauled its leadership in Greater China, elevating its longtime China head and tapping an LVMH Moët Hennessy Louis Vuitton executive in a new role as it doubles down on growing in the market.
The Vancouver, Canada-based athleisure brand has promoted San Yan Ng, general manager of Lululemon's China business for the last eight years, to the role of regional president of China and APAC, effective immediately. Simultaneously, the company revealed the hiring of Jeffrey Hang, who has joined as senior vice president and general manager of APAC — a new role for the company and also effective immediately.
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#China
The Vancouver, Canada-based athleisure brand has promoted San Yan Ng, general manager of Lululemon's China business for the last eight years, to the role of regional president of China and APAC, effective immediately. Simultaneously, the company revealed the hiring of Jeffrey Hang, who has joined as senior vice president and general manager of APAC — a new role for the company and also effective immediately.
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#China
2 months ago
e.l.f. Beauty (NYSE:ELF) reported first-quarter fiscal 2027 results on August 5, and the headline number is hard to ignore. Net sales grew 36% year-over-year, marking the company's 30th consecutive quarter of net sales growth, a streak stretching back more than seven years. Management says only 6 of 516 public consumer companies tracked have matched that pace while averaging at least 20% quarterly growth. On the back of it, e.l.f. raised its full-year outlook to 18% to 20% net sales growth, up from 12% to 14% previously.
Of roughly 1,800 cosmetics and skin care brands Nielsen tracks, only 14 have topped $200 million in retail sales, and e.l.f. now owns four of them. Rhode, the Hailey Bieber brand, is the standout. It added about $160 million in net sales this quarter and posted $27 million in single-day sales on rhodeskin.com during its summer launch, pulling in 90,000 new customers while still drawing over 70% of sales from repeat buyers. International sales grew 61%, well ahead of the 29% domestic pace, as e.l.f. expands into Boots in the UK, Sephora in Brazil, and Naturium into Canada and Mexico this fall.
Rhode itself launches with Sephora across 19 European countries in September. The company is also pushing into haircare, with its June launch of e.l.f. Hair drew nearly half its buyers from outside the existing e.l.f. customer base, a sign the newer categories are expanding the audience rather than just cross-selling it.
Strip away Rhode and the core e.l.f. business told a different story this quarter. Organic net sales declined by a high single-digit percentage, and unit volumes fell about 3 percentage points even as pricing and mix added 39 points to overall growth. Management ran a pricing test this spring and ultimately cut prices on about 10% of e.l.f. SKUs to try to win back units, an acknowledgment that value positioning needed adjusting. Profitability also got a boost that will not repeat. Q1 gross margin jumped roughly 1,400 basis points to 83%, but over 1,050 of those basis points came from $50 million in IEEPA tariff refunds flowing through cost of goods. Adjusted EBITDA rose 93% to $168 million, yet excluding the refund, growth was 36%.
Management plans to reinvest the entire refund through lower prices and marketing, which it expects to be a net zero benefit to full-year EBITDA. SG&A as a share of sales also climbed to 54% from 50% a year earlier, and the company still owes the first payment on Rhode's earnout later this year given how far the brand has outperformed.
#back #sephora
Of roughly 1,800 cosmetics and skin care brands Nielsen tracks, only 14 have topped $200 million in retail sales, and e.l.f. now owns four of them. Rhode, the Hailey Bieber brand, is the standout. It added about $160 million in net sales this quarter and posted $27 million in single-day sales on rhodeskin.com during its summer launch, pulling in 90,000 new customers while still drawing over 70% of sales from repeat buyers. International sales grew 61%, well ahead of the 29% domestic pace, as e.l.f. expands into Boots in the UK, Sephora in Brazil, and Naturium into Canada and Mexico this fall.
Rhode itself launches with Sephora across 19 European countries in September. The company is also pushing into haircare, with its June launch of e.l.f. Hair drew nearly half its buyers from outside the existing e.l.f. customer base, a sign the newer categories are expanding the audience rather than just cross-selling it.
Strip away Rhode and the core e.l.f. business told a different story this quarter. Organic net sales declined by a high single-digit percentage, and unit volumes fell about 3 percentage points even as pricing and mix added 39 points to overall growth. Management ran a pricing test this spring and ultimately cut prices on about 10% of e.l.f. SKUs to try to win back units, an acknowledgment that value positioning needed adjusting. Profitability also got a boost that will not repeat. Q1 gross margin jumped roughly 1,400 basis points to 83%, but over 1,050 of those basis points came from $50 million in IEEPA tariff refunds flowing through cost of goods. Adjusted EBITDA rose 93% to $168 million, yet excluding the refund, growth was 36%.
Management plans to reinvest the entire refund through lower prices and marketing, which it expects to be a net zero benefit to full-year EBITDA. SG&A as a share of sales also climbed to 54% from 50% a year earlier, and the company still owes the first payment on Rhode's earnout later this year given how far the brand has outperformed.
#back #sephora
3 months ago
E.l.f. Beauty (NYSE: ELF) stock rose 12% in July, according to data provided by S&P Global Market Intelligence. The mass cosmetics giant is still enjoying renewed market confidence as it laps last year's negative tariff impact and continues to demonstrate strength.
E.l.f. has defined itself by its social mission and social media presence as well as its low prices. It stands out from the traditional leaders in mass cosmetics, and it continues to grow at a rapid pace as the model resonates with shoppers of all ages.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
It faced a major challenge last year when higher tariffs were imposed on goods produced in China, and it raised some of its prices to counteract the increases. That led to an expanded gross margin in the 2026 fiscal fourth quarter (ended March 31) to 73% despite some continual tariff impact.
E.l.f. is also facing its challenges head-on by expanding. It made a major move last year when it acquired model Hailey Bieber's Rhode cosmetics, its first foray into luxury cosmetics. The line has been massively popular, and it was cosmetic retailer Sephora's largest-ever launch in the U.K. It's already generating for $113 million for e.l.f., and it has a long growth runway; it has only 20% international penetration but 74% international social followers.
#NVIDIA
E.l.f. has defined itself by its social mission and social media presence as well as its low prices. It stands out from the traditional leaders in mass cosmetics, and it continues to grow at a rapid pace as the model resonates with shoppers of all ages.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
It faced a major challenge last year when higher tariffs were imposed on goods produced in China, and it raised some of its prices to counteract the increases. That led to an expanded gross margin in the 2026 fiscal fourth quarter (ended March 31) to 73% despite some continual tariff impact.
E.l.f. is also facing its challenges head-on by expanding. It made a major move last year when it acquired model Hailey Bieber's Rhode cosmetics, its first foray into luxury cosmetics. The line has been massively popular, and it was cosmetic retailer Sephora's largest-ever launch in the U.K. It's already generating for $113 million for e.l.f., and it has a long growth runway; it has only 20% international penetration but 74% international social followers.
#NVIDIA
3 months ago
Julia Fox nodded to her past self at the "One Night Only" premiere in New York City on Monday, where she joined lead actor Callum Turner and his wife Dua Lipa on the red carpet.
Taking cues from her early 2000s to late 2010s beauty, Fox donned a messy half-up, half-down hairdo and skinny, straight-lined brows. After sporting bleached brows on and off for the last year, the "Uncut Gems" star returned to a dark chocolate shade, the same as her hair.
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#only #city
Taking cues from her early 2000s to late 2010s beauty, Fox donned a messy half-up, half-down hairdo and skinny, straight-lined brows. After sporting bleached brows on and off for the last year, the "Uncut Gems" star returned to a dark chocolate shade, the same as her hair.
More from WWD
EXCLUSIVE: Sephora and Olive Young Reveal Brand Lineup for Partnership
Dr. Diamond's Metacine Expands Contour Collection With LipLift
#only #city
4 months ago
If retail has a big three comprised of Walmart, Amazon, and Target, Target serves as the clear bronze medalist on that list. The retailer lacks the billions Walmart has been able to spend to breach the digital advantage Amazon had.
The retailer, for example, could not build out its own same-day delivery system to match its key rivals. Instead, Target built out similar delivery capabilities without spending billions.
In 2017, the retailer paid $550 million to acquire Shipt, a company that deploys contractors to personally shop and deliver food from Target stores on the same day. Shipt also delivers from CVS, OfficeMax, Sephora, and more.
Target built on that purchase and partnered with Uber Eats, DoorDash, and others, giving it a frugal way to match what Walmart and Amazon offered.
On the digital side of the business, Target certainly can't match Walmart and Amazon when it comes to spending, but it has taken two key steps to differentiate its offerings. First, the retailer built out its network of owned-and-operated brands, and now, the chain has added a number of well-known brands to its invitation-only Target Plus online platform.
The retailer, for example, could not build out its own same-day delivery system to match its key rivals. Instead, Target built out similar delivery capabilities without spending billions.
In 2017, the retailer paid $550 million to acquire Shipt, a company that deploys contractors to personally shop and deliver food from Target stores on the same day. Shipt also delivers from CVS, OfficeMax, Sephora, and more.
Target built on that purchase and partnered with Uber Eats, DoorDash, and others, giving it a frugal way to match what Walmart and Amazon offered.
On the digital side of the business, Target certainly can't match Walmart and Amazon when it comes to spending, but it has taken two key steps to differentiate its offerings. First, the retailer built out its network of owned-and-operated brands, and now, the chain has added a number of well-known brands to its invitation-only Target Plus online platform.
