Ulta Beauty Suspends Canada Launch

Ulta Beauty Inc. is pausing international expansion plans. The beauty retailer planned to launch in Canada next year, but said that it “has decided at this time to prioritize growth of its U.S. operations.” For now, Canada plans are on hold. Ulta said that investments into the Canada launch have been “limited to early-stage and infrastructure buildout and lease obligations […]

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Fueguia 1833 Introduces Scents With Sanitizing Proprieties

MILAN — While many cosmetics companies are converting their production to manufacture hand sanitizers to aid the respective countries in fighting the coronavirus outbreak, Argentinian fragrance house Fueguia 1833 is readying the release of its sanitizing perfume collection. Dubbed Fueguia BioActive Molecules, the range aims to offer the brand’s signature scents in a sanitizing version for skin and textiles. Source: Read […]

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Estée Lauder Withdraws Guidance, as Coronavirus ‘More Broadly’ Impacts Business

The Estée Lauder Cos. Inc. is withdrawing previous financial guidance because of the increasing severity of the coronavirus pandemic. The company put out a statement Wednesday saying that guidance for the second half of the fiscal year "reflected the best information available to us at the time, as well as our best estimates about the pace of recovery of our […]

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