As you prepare to head into the long weekend, we’ve got one last look at the week’s biggest beauty headlines, from E.l.f. Beauty’s impressive growth, to the news that Lelo, the luxury sex toy company, is celebrating its 20th anniversary with its first foray into the beauty space. And if you have a moment, make sure to check out The Cut’s moving tribute to Tina Turner, who died yesterday at the age of 83. Read these stories and more in the links below.
Shop Latinx Launches Beauty, Wellness Vertical Our Paradiso. A marketplace for Latinx brands dives deeper into the beauty space with its new vertical that features 10 Latinx-founded brands including Chillhouse, Joanna Vargas Skin, Common Heir, and more. (WWD)
Luxury Sex Toy Maker Lelo Celebrates Its 20th Anniversary With the Launch of Lelo Beauty. The brand’s beauty debut features two matte lip products, a traditional lipstick, and a liquid lipstick — each available in five shades with names that give a nod to Lelo’s sexy core business.
Is Tanning Back? In the US, the self-tanning category grew 70 percent between 2017 and 2022, with today’s new generation of self-tanning beauty brands plotting their next phase of growth with a focus on luxe and more inclusive formulations. (Business of Fashion)
E.l.f. Beauty Boasts 48% Growth for Fiscal Year 2023. According to the company’s press release announcing fourth-quarter and year-end earnings for the fiscal year 2023, total net sales were $578.8 million, primarily driven by retailer and e-commerce channels. (Glossy)
Retail on Edge: Debt Ceiling, Interest Rates, China, and Biden Trade Policy. The next two quarters could be very difficult for retailers due to a variety of issues from the debt ceiling and the government’s potential default to concerns around sourcing new products and inventory levels. (Forbes)
Robertet ActiScents Explores Interactions Between Fragrances and Emotions. Meant to be used by cosmetic and personal care product manufacturing, the ActiScents line features a group of fragrance ingredients intended to provide added benefits to products from soothing and calming to even moisturizing. (CosmeticsDesign USA)
Tina Turner, Queen of Rebrand. The Cut honors Turner’s talent, resilience, and cultural influence in this beautiful obituary. (The Cut)