Comparable sales rose 1 percent, while analysts were expecting a 1.67 percent uptick.
As high-end Sephora expands its budget offering and low-end Ulta boosts its prestige presence, the world’s two biggest beauty retailers are set to clash.
Cosmetics, health products and more are included in the cuts scheduled for July 1.
As Amazon prepares to launch an ‘Indie Beauty Shop,’ cosmetics brands are weighing whether the benefits of selling to the e-commerce company’s vast customer base outweigh the potential costs.
Sellers on the online marketplace make a sale every second and upload $100 million of inventory weekly.
The French fashion house, which has been falling on hard times, is filing for bankruptcy protection.
While the make-up company sells products almost entirely to women, it has only appointed its first female chief executive.
Global same-store sales climbed 7 percent and shares jumped 7.8 percent as chief executive Alessandro Bogliolo's brand overhaul gains steam.
The brand's sales have dropped in each of the past six quarters, which coincides with the rise of online lingerie brands and changing sentiment about women
Flont's latest $12 million fundraising round, led by the entrepreneur, will fuel its expansion to more than 50 locations in China. Meanwhile, the Chinese debut for Moda, Bandier and Beautycon are also in the works.