BEAUTY CARE

‘Wolverine’ star to be the face of Diesel’s new fragrance for men

BY Gina Acosta

PARIS — The villain in the upcoming and latest installment of the "Wolverine" series will be the face of Diesel's new fragrance for men launching in August.
  
Boyd Holbrook had roles in David Fincher's "Gone Girl" and the Netflix series "Narcos," and was recently seen in "The Free World" opposite Elisabeth Moss. He is set to star as the chief villain in the next "Wolverine" installment.

Holbrook is also an avid sculptor. His work has been exhibited at various locations, including the Rare Gallery in New York.

Diesel fragrances are sold at mass and specialty retailers worldwide.

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Report: Sephora launches digital initiative for curly hair

BY Gina Acosta

Sephora has debuted a section for curly haired women on its website. Popsugar reports that the company has launched a special hub for its curly hair initiative, which seeks to match the right products to a woman's ringlets. Users can look at a series of photos on the site and determine which category their strands fall into. (Popsugar)

 

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Ulta keeps shining as comps jump 15.2%

BY Gina Acosta

BOLINGBROOK, Ill. — Ulta Beauty blew past expectations in the first quarter with a 15.2% increase in same store sales and a 38.8% e-commerce boost.

For the first quarter ended April 30, the beauty retailer posted an increase in net sales of 23.7% to $1,073.7 million from $868.1 million in the first quarter of fiscal 2015. Same store sales increased 15.2% compared to an increase of 11.4% in the first quarter of fiscal 2015. Salon sales increased 14.7% to $58.9 million from $51.3 million in the first quarter of fiscal 2015 and e-commerce sales grew 38.8% to $61 million from $44 million in the first quarter of fiscal 2015, representing 130 basis points of the total company comparable sales increase of 15.2%.

“We are off to a phenomenal start to the year, delivering excellent top and bottom line growth in the first quarter,” said Mary Dillon, CEO. “Several positive factors are coming together to drive the momentum in our business, exemplified by the best comparable sales growth in our history as a public company. These include healthy consumer demand in the beauty category, our unique format and offering which are supporting sustained share gains, and effective collaboration across the enterprise to ensure strong execution of our growth strategies.”

Gross profit at Ulta increased 150 basis points to 36.4% from 34.9% in the first quarter of fiscal 2015, and net income increased 37.4% to $92 million compared to $66.9 million in the first quarter of fiscal 2015.

During the first quarter, the company opened 13 stores and closed one store. The company ended the first quarter with 886 stores and square footage of 9,348,577 which represents an 11% increase in square footage compared to the first quarter of fiscal 2015.

For the second quarter of fiscal 2016, the company currently expects net sales in the range of $1,041 million to $1,058 million, compared to actual net sales of $877.0 million in the second quarter of fiscal 2015. Same store sales for the second quarter of 2016, including e-commerce sales, are expected to increase 11% to 13%. 

The company says it also expects to achieve same store sales growth of approximately 10% to 12%, including the impact of the e-commerce business, compared to previous guidance of 8% to 10%, as well as open 100 new stores.

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