Luxury Brand Partners, an incubator of cult-favorite brands like Becca Cosmetics, Oribe Hair Care and Pulp Riot, said the investment is part of a larger growth plan set to include several new brand launches.
Multibrand retailer Wolf & Badger has seen a “consistent rise in overall global sales and strong performance from its flagship stores in London and New York” to give it another period of higher full-year revenues.
Asos said it delivered an “encouraging” start to its financial year when it issued a trading update on Thursday, with the four months to December 31 seeing both total group revenue and total group sales up 20%.
The consumer products conglomerate and its ethnic beauty-focused subsidiary have teamed up to launch Emerge, a new brand that aims to empower multicultural Gen-Z women with affordable textured hair care products.
The company has named Kevin Metz as its new VP of e-commerce and Vanathy Lakshmi as VP of digital product -- two hires intended to boost Sally Beauty's digital commerce arm, as part of a greater transformation strategy.