Latest news with #LaurenBrindley
The Independent
21-05-2025
- Business
- The Independent
Revolution Beauty puts itself up for sale after bid approach
Revolution Beauty has put itself up for sale after being approached by a potential buyer, following a drop in the business's share price to an all-time low. The company, which sells make-up and cosmetics online and through concessions, said it has decided to launch a formal sale process. This follows it receiving a takeover approach from a potential buyer, which it did not name. Revolution said it expects possible bidders to put forward their interest by June 11. Last week, bosses at the company told investors they were reviewing its funding options before its current £32 million credit facility expires in October. Shares in the troubled firm dropped by as much as 40% on the day, to their lowest level on record. The share price rose by about a quarter on Wednesday as investors welcomed the sale process, but it remains close to historic lows. Revolution's sales dropped by 26% to £141.6 million for the year to February 28, compared with a year earlier, it reported last week. It said this came after the brand reduced the size of its product portfolio while it was also affected by weakness in the US and online channels. The company has faced a torrid few years amid leadership and accounting issues, including a dispute with its former boss and a tussle with one of its shareholders, fashion firm Boohoo. It gained a new chief executive last year, Lauren Brindley, who joined the firm from US pharmacy giant Walgreens. However, she is set to leave at the end of the month to go to US retailer Ulta Beauty.
Yahoo
21-05-2025
- Business
- Yahoo
Revolution Beauty puts itself up for sale after bid approach
Revolution Beauty has put itself up for sale after being approached by a potential buyer, following a drop in the business's share price to an all-time low. The company, which sells make-up and cosmetics online and through concessions, said it has decided to launch a formal sale process. This follows it receiving a takeover approach from a potential buyer, which it did not name. Revolution said it expects possible bidders to put forward their interest by June 11. Last week, bosses at the company told investors they were reviewing its funding options before its current £32 million credit facility expires in October. Shares in the troubled firm dropped by as much as 40% on the day, to their lowest level on record. The share price rose by about a quarter on Wednesday as investors welcomed the sale process, but it remains close to historic lows. Revolution's sales dropped by 26% to £141.6 million for the year to February 28, compared with a year earlier, it reported last week. It said this came after the brand reduced the size of its product portfolio while it was also affected by weakness in the US and online channels. The company has faced a torrid few years amid leadership and accounting issues, including a dispute with its former boss and a tussle with one of its shareholders, fashion firm Boohoo. It gained a new chief executive last year, Lauren Brindley, who joined the firm from US pharmacy giant Walgreens. However, she is set to leave at the end of the month to go to US retailer Ulta Beauty. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
HATCH Mama Launches At Ulta Beauty (NasdaqGS:ULTA) Bringing Maternity Skincare To A Wider Audience
Ulta Beauty has experienced a significant price increase of 14% over the last month. This movement coincides with the launch of HATCH Mama products at Ulta locations, a strategic expansion that caters to maternity needs just before Mother's Day, potentially boosting consumer interest and sales. Additionally, the appointment of Lauren Brindley as the new Chief Merchandising and Digital Officer is poised to strengthen their merchandising strategy. Amidst these developments, the broader market also saw upward trends, supported by easing trade tensions and a reduction in inflation. These factors collectively provided a supportive environment for ULTA's recent performance. Buy, Hold or Sell Ulta Beauty? View our complete analysis and fair value estimate and you decide. Explore 22 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. The introduction of HATCH Mama products at Ulta Beauty alongside strategic leadership changes could significantly enhance the company's narrative. These initiatives are likely to attract new customers and boost store foot traffic, aligning with efforts to broaden market appeal. This momentum could complement the launch of Beyoncé's hair care brand, further driving increased customer engagement and aiding revenue growth. Over the longer term, Ulta Beauty's total shareholder return was 96.09% over five years, a figure that illustrates robust long-term shareholder value creation. However, the company underperformed the US market by returning less than the market's 11.5% over the past year. The recent news and organizational strategies could positively impact Ulta Beauty's revenue and earnings forecasts. With these new offerings and digital enhancements, analysts anticipate improved customer retention and spending, potentially contributing to sustained revenue growth estimated at 4.4% annually over the next three years. However, the challenges posed by macroeconomic pressures and competitive dynamics remain. Despite the recent share price increase, ULTA's current price of US$387.14 remains slightly below the consensus analyst price target of US$411.39, suggesting a small upside potential of around 5.9%. This price movement in context to the price target could indicate that investors are cautiously optimistic about the company's prospects. Learn about Ulta Beauty's historical performance here. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:ULTA. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
17-04-2025
- Business
- Yahoo
Ulta Beauty Names Lauren Brindley Chief Merchandising and Digital Officer
Global Beauty Retail Leader to Oversee Merchandising, Digital and Brand Development Strategies BOLINGBROOK, Ill., April 17, 2025--(BUSINESS WIRE)--Ulta Beauty, Inc. (NASDAQ: ULTA) today announced the appointment of Lauren Brindley as Chief Merchandising and Digital Officer effective June 3, 2025. Brindley succeeds Monica Arnaudo who will retire in June. As Chief Merchandising and Digital Officer, Brindley will have executive responsibility for Ulta Beauty's merchandising, ecommerce, wellness, and marketplace strategies, while also leading the company's assortment brand building strategy. "Providing our guests with the best beauty and wellness assortment while building strong, strategic partnerships with our brands is critical to Ulta Beauty's future growth," said Kecia Steelman, President and Chief Executive Officer. "I'm confident Lauren is the right person to fuel our continued success. She is a proven, strategic leader with deep industry expertise, a global perspective, and a passion for beauty that aligns with our vision for the future. My sincere thanks to Monica, who has shaped Ulta Beauty's world-class assortment and category innovation, and for her support during this transition." "I am truly honored to join Ulta Beauty and build upon the company's exceptional legacy of innovation and impact," said Lauren Brindley. "As a long-time admirer of the brand, I'm thrilled to step into this role and work alongside an incredible leadership team to help shape the next chapter of growth and continue to elevate the beauty experience for guests and partners alike." Brindley brings more than two decades of global beauty and retail expertise to Ulta Beauty. Most recently, she served as Chief Executive Officer of Revolution Beauty and prior to that, she held senior leadership roles at Walgreens and Boots UK, where she demonstrated proven success in driving ambitious and transformative change for both luxury and mass consumer businesses. About Ulta Beauty At Ulta Beauty (NASDAQ: ULTA), the possibilities are beautiful. Ulta Beauty is the largest U.S. beauty retailer and the premier beauty destination for cosmetics, fragrance, skin care products, hair care products and salon services. In 1990, the Company reinvented the beauty retail experience by offering a new way to shop for beauty – bringing together All Things Beauty, All in One Place®. Today, Ulta Beauty operates more than 1,400 retail stores across 50 states and also distributes its products through its website, which includes a collection of tips, tutorials, and social content. For more information, visit View source version on Contacts Investor Contact: Kiley Rawlins, CFASenior Vice President, Investor Relationskrawlins@ Media Contact: Crystal CarrollSenior Director, Public Relationsccarroll@
