The American consumer goods conglomerate announced second-quarter profits that beat analysts’ expectations on Thursday, but posted revenues that came in under estimates, despite strong growth in health care and beauty.
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.
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.
According to a new study, although increasing numbers of retailers are prioritizing customer-centric initiatives, a vast majority believe that they are not effectively adapting to the demands of hyperadoptive consumers.
As its turnaround plan continues, the NYC-based beauty conglomerate announced on Monday that it has appointed Kristin Blazewicz as its new chief legal officer, general counsel and secretary of the board of directors.