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US-based Tatcha enters Spanish market via Sephora
US-based Tatcha enters Spanish market via Sephora

Fashion Network

time15-07-2025

  • Business
  • Fashion Network

US-based Tatcha enters Spanish market via Sephora

Tatcha, a U.S. cosmetics firm inspired by Japanese beauty rituals, is finalizing its entry into the Spanish market. The brand will be available in the country from next August via Sephora. The products from the San Francisco-based brand will be available from August 22 in the Sephora app in Spain and from August 25 in the e-commerce and physical stores of the beauty retailer, owned by luxury giant, LVMH. Vicky Tsai founded Tatcha in San Francisco in. 2009. A year earlier, Tsai traveled to Kyoto and discovered classic Japanese beauty rituals, from which her brand's items take their essence. Her formulas are developed at the Tatcha Institute in Japan under the principles of using Japanese ingredients, scientific efficacy "aligned with the biology of the skin," as the firm details, and "sensorial" textures. Today, the cosmetics brand's products are sold in countries around the world through a selection of distributors. Some, such as its rice scrub, are real bestsellers that also benefit from viral reviews on social networks such as TikTok. Sephora will be the one to start marketing Tatcha in Spain. The chain of cosmetics and perfumery stores was founded in 1969 in Limoges, France, and has been part of the portfolio of luxury giant LVMH since 1997. The retailer operates more than 3,200 stores in 35 markets and employs some 56,000 people; among its latest moves in Spain is the opening last March of a store on Madrid's Goya street. The LVMH group does not detail Sephora's revenues, but, according to beauty industry analysts, the chain would have recorded sales of more than 14.35 billion euros in 2023. Sephora's management aims to reach 20 billion euros in the medium term.

US-based Tatcha enters Spanish market via Sephora
US-based Tatcha enters Spanish market via Sephora

Fashion Network

time15-07-2025

  • Business
  • Fashion Network

US-based Tatcha enters Spanish market via Sephora

Tatcha, a U.S. cosmetics firm inspired by Japanese beauty rituals, is finalizing its entry into the Spanish market. The brand will be available in the country from next August via Sephora. The products from the San Francisco-based brand will be available from August 22 in the Sephora app in Spain and from August 25 in the e-commerce and physical stores of the beauty retailer, owned by luxury giant, LVMH. Vicky Tsai founded Tatcha in San Francisco in. 2009. A year earlier, Tsai traveled to Kyoto and discovered classic Japanese beauty rituals, from which her brand's items take their essence. Her formulas are developed at the Tatcha Institute in Japan under the principles of using Japanese ingredients, scientific efficacy "aligned with the biology of the skin," as the firm details, and "sensorial" textures. Today, the cosmetics brand's products are sold in countries around the world through a selection of distributors. Some, such as its rice scrub, are real bestsellers that also benefit from viral reviews on social networks such as TikTok. Sephora will be the one to start marketing Tatcha in Spain. The chain of cosmetics and perfumery stores was founded in 1969 in Limoges, France, and has been part of the portfolio of luxury giant LVMH since 1997. The retailer operates more than 3,200 stores in 35 markets and employs some 56,000 people; among its latest moves in Spain is the opening last March of a store on Madrid's Goya street. The LVMH group does not detail Sephora's revenues, but, according to beauty industry analysts, the chain would have recorded sales of more than 14.35 billion euros in 2023. Sephora's management aims to reach 20 billion euros in the medium term.

US-based Tatcha enters Spanish market via Sephora
US-based Tatcha enters Spanish market via Sephora

Fashion Network

time15-07-2025

  • Business
  • Fashion Network

US-based Tatcha enters Spanish market via Sephora

Tatcha, a U.S. cosmetics firm inspired by Japanese beauty rituals, is finalizing its entry into the Spanish market. The brand will be available in the country from next August via Sephora. The products from the San Francisco-based brand will be available from August 22 in the Sephora app in Spain and from August 25 in the e-commerce and physical stores of the beauty retailer, owned by luxury giant, LVMH. Vicky Tsai founded Tatcha in San Francisco in. 2009. A year earlier, Tsai traveled to Kyoto and discovered classic Japanese beauty rituals, from which her brand's items take their essence. Her formulas are developed at the Tatcha Institute in Japan under the principles of using Japanese ingredients, scientific efficacy "aligned with the biology of the skin," as the firm details, and "sensorial" textures. Today, the cosmetics brand's products are sold in countries around the world through a selection of distributors. Some, such as its rice scrub, are real bestsellers that also benefit from viral reviews on social networks such as TikTok. Sephora will be the one to start marketing Tatcha in Spain. The chain of cosmetics and perfumery stores was founded in 1969 in Limoges, France, and has been part of the portfolio of luxury giant LVMH since 1997. The retailer operates more than 3,200 stores in 35 markets and employs some 56,000 people; among its latest moves in Spain is the opening last March of a store on Madrid's Goya street. The LVMH group does not detail Sephora's revenues, but, according to beauty industry analysts, the chain would have recorded sales of more than 14.35 billion euros in 2023. Sephora's management aims to reach 20 billion euros in the medium term.

US-based Tatcha enters Spanish market via Sephora
US-based Tatcha enters Spanish market via Sephora

Fashion Network

time14-07-2025

  • Business
  • Fashion Network

US-based Tatcha enters Spanish market via Sephora

Tatcha, a U.S. cosmetics firm inspired by Japanese beauty rituals, is finalizing its entry into the Spanish market. The brand will be available in the country from next August via Sephora. The products from the San Francisco-based brand will be available from August 22 in the Sephora app in Spain and from August 25 in the e-commerce and physical stores of the beauty retailer, owned by luxury giant, LVMH. Vicky Tsai founded Tatcha in San Francisco in. 2009. A year earlier, Tsai traveled to Kyoto and discovered classic Japanese beauty rituals, from which her brand's items take their essence. Her formulas are developed at the Tatcha Institute in Japan under the principles of using Japanese ingredients, scientific efficacy "aligned with the biology of the skin," as the firm details, and "sensorial" textures. Today, the cosmetics brand's products are sold in countries around the world through a selection of distributors. Some, such as its rice scrub, are real bestsellers that also benefit from viral reviews on social networks such as TikTok. Sephora will be the one to start marketing Tatcha in Spain. The chain of cosmetics and perfumery stores was founded in 1969 in Limoges, France, and has been part of the portfolio of luxury giant LVMH since 1997. The retailer operates more than 3,200 stores in 35 markets and employs some 56,000 people; among its latest moves in Spain is the opening last March of a store on Madrid's Goya street. The LVMH group does not detail Sephora's revenues, but, according to beauty industry analysts, the chain would have recorded sales of more than 14.35 billion euros in 2023. Sephora's management aims to reach 20 billion euros in the medium term.

Valley Rock Foundation of Napa Valley Statement Regarding Settlement with California Attorney General's Office
Valley Rock Foundation of Napa Valley Statement Regarding Settlement with California Attorney General's Office

Business Wire

time10-07-2025

  • Business
  • Business Wire

Valley Rock Foundation of Napa Valley Statement Regarding Settlement with California Attorney General's Office

BUSINESS WIRE)--The Valley Rock Foundation of Napa Valley legal counsel has issued a statement in response to the announcement by the California Attorney General's Office of a mutual settlement resolution. "The Foundation's settlement ends a costly and wasteful AG inquiry that ultimately did not result in any charges or court action," said Jeff Tsai of DLA Piper LLP, counsel for the Valley Rock Foundation. "During the inquiry, we established that the Foundation and its directors Robert White and Celeste White fully and faithfully carried out their fiduciary duties." "The concerns animating the AG's Office's inquiry were shown to lack substance," Tsai explained. "For example, the real-property improvements referenced by the Attorney General actually resulted in the Foundation saving thousands of dollars in rent expenses, as determined by an independent auditor." Tsai also addressed the Attorney General's Office's press-release contention in its January 23, 2025, release that the Foundation's IRS filings lacked transparency: "The Attorney General's Office's implication that the Foundation did not comply with its IRS Form 990-PF obligation is false. All expenses, including those related to the Foundation's investment entity Veritas Refuge, were properly disclosed on all required tax-filing forms." The Foundation's counsel, Tsai, detailed the Foundation's next steps following the resolution with the Attorney General's Office: "This settlement allows the Foundation, as well as Robert White and Celeste White, to fulfill the charity's principal operating objective: donation of all assets to charitable causes and subsequent sunsetting of the Foundation within the lifetime of director Celeste White. The Foundation is pleased that the President of Westmont College is joining the Foundation board. The charitable work of the Foundation is nearly complete, and the Foundation is proud of what it has accomplished for numerous communities across California."

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