JuE Wong Appointed CEO of Performance Beauty Group
Performance Beauty Group (PBG) has announced the appointment of beauty industry veteran JuE Wong as their new CEO. PBG, owned by Gauge Capital, oversees popular beauty brands such as Grande Cosmetics, Bondi Boost, and Lilly Lashes. Wong’s extensive experience, including taking Olaplex Holdings Inc. public, positions her to drive the growth of PBG’s expansive portfolio.
CEW Product Watch October 2024 Highlights Innovative Beauty Launches
The CEW Product Watch for October 2024 has dropped, featuring the latest in beauty innovations. This month’s lineup includes products for scalp, face, body, and even holiday gift sets, showcasing the cutting-edge offerings from brands like Foreo and others. CEW’s Polly Blitzer delivers a comprehensive guide to the hottest new launches.
CVS Integrates Inner and Outer Beauty Care Strategies
In an exclusive interview with Michelle LeBlanc, Vice President of Merchandising for Beauty at CVS, CEW explores how the retailer is redefining beauty by integrating inner wellness with traditional beauty products. LeBlanc explains how this approach addresses the growing consumer demand for products that support both appearance and mental well-being.
Raymond James Advises on Selling Beauty Businesses
For beauty brands contemplating a sale, Raymond James managing directors Evan Merali and Marko Horvat provide expert insights on timing and strategy. They emphasize that brands should focus on building sustainable growth before selling to ensure long-term success.
Leonard A. Lauder Honored with Neiman Marcus Award
Leonard A. Lauder, Chairman Emeritus of The Estée Lauder Companies, will receive the Neiman Marcus Award for Distinguished Service in the Field of Fashion. Lauder’s contributions to the beauty industry have cemented his legacy, and his leadership continues to shape the future of global beauty brands.
Estée Lauder’s Amazon Debut Marks New Era in E-Commerce
In a major development, Estée Lauder has officially launched on Amazon. The debut includes a curated selection of skin care, makeup, and fragrances, bringing the brand’s expertise to a broader online audience while providing a high-touch shopping experience for Amazon’s beauty community.
Molly Sims Secures Investment for Yse Beauty
Actress Molly Sims has acquired investment from Willow Growth Partners for her Gen X-targeted beauty brand, Yse Beauty. The funding will enable Yse Beauty to expand into wholesale by 2025, further establishing its presence in the prestige beauty market.
Herbal Essences and Royal Botanic Gardens, Kew Collaborate
Herbal Essences has partnered with the Royal Botanic Gardens, Kew to authenticate botanical ingredients for its bio
line. This collaboration combines Kew’s scientific expertise with Herbal Essences’ commitment to natural ingredients, bringing consumers more trusted, nature-inspired products.
