by Jiana Smith | Dec 20, 2024
President-elect Donald Trump says tariffs will help American industries. U.S. apparel brands, retailers and manufacturers say otherwise. Trump announced on Truth Social that he plans to introduce an additional 10% tariff on goods from China and a 25% tariff on goods...
by Jiana Smith | Nov 20, 2024
Investors expect continued profit slowdown in Ulta Beauty’s upcoming earnings report in line with wider beauty industry troubles this year. Analysts surveyed by Bloomberg forecast an average third quarter profit of around $212.4 million against a $2.4 billion revenue,...
by Jiana Smith | Nov 14, 2024
When Ulta Beauty CEO David Kimbell took to the stage at the company’s investor day on Oct. 16, he knew he had to address the company’s recent profitability disappointments. His solution: to expand the definition of beauty itself. Ulta executives announced that it...
by Jiana Smith | Oct 3, 2024
Ulta Beauty has announced an exclusive collaboration with Universal studios as part of its holiday product offerings. The collaboration for the film “Wicked,” which releases in November, includes a variety of limited-edition products and tools from a variety of...
by Jiana Smith | Sep 30, 2024
Electric vehicle adoption is going through a rough patch. Electric truck pioneer Rivian has a simple answer: give consumers more choices. Offering consumers a wider variety of electric vehicles is “one of the core reasons Rivian exists,” said founder and CEO R.J....