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Sue Nabi’s Coty Will Focus on D-t-c and Good Beauty Products

Andrew M. Santos 6 months ago

As Sue Nabi prepares to formally step into the chief executive officer’s role at Coty Inc., she is ready to refocus the ailing company on some key tenets of the beauty business — like good products.

Nabi, who spoke to Wall Street analysts on Thursday, said Coty needs “to work on products.”

“I really would like this company to become a product-driven, product-centric, but also new business model-centric company,” Nabi said. “If your product is not the best one on the market, if it’s not the one that delivers better than the others, if it’s not a product that’s perfectly designed for usage, but also for performance, and last but not least, if it’s not a product that you feel not guilty by using because it’s sustainable, then you’ll be happy to stick to this product.”

Nabi also talked about incorporating wellness into the portfolio, capitalizing more on direct-to-consumer capabilities,

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Earnestine’s Beauty Shop closes after 41 years in South Dallas

Andrew M. Santos 2 months ago

Earnestine Tarrant props her feet up on a stool and leans back in the faux leather chair intended for her shampoo bowl. This is her time to rest while a client sits under one of the two hooded dryers in her hair salon.

Except for the 13-inch TV playing the local news and the hum of the dryer, it’s quiet.

That’s unusual for the South Dallas beauty shop on the corner of Metropolitan Avenue and Ruskin Street among other modest homes. On any given day, people used to sit elbow to elbow in the handful of waiting chairs lined up against the wall, in a vacant dryer seat, or anywhere they could find space. Kids would hide under the chair legs, the shampoo bowl or styling dresser.

Earnestine Tarrant washes the hair of client Vera Harris at her hair salon in South Dallas on her final day of work before her retirement, Thursday, Dec. 31, 2020.
Earnestine Tarrant washes the hair of client Vera Harris at her hair salon in South Dallas on her final day of work before
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Ulta (ULTA) Down 3.2% Since Last Earnings Report: Can It Rebound?

Andrew M. Santos 5 months ago

It has been about a month since the last earnings report for Ulta Beauty (ULTA). Shares have lost about 3.2% in that time frame, outperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Ulta due for a breakout? Before we dive into how investors and analysts have reacted as of late, let’s take a quick look at the most recent earnings report in order to get a better handle on the important drivers.

Ulta Beauty Q2 Earnings Top Estimates, Sales Miss

Ulta Beauty posted second-quarter fiscal 2020 results, with the top and the bottom line declining year over year. Also, sales missed the Zacks Consensus Estimate. Results were affected by coronavirus-led store closures. However, the company started reopening stores during the quarter, with Shop Safe standards. Also, it is witnessing improved trends.

Incidentally, comparable sales or comps improved considerably as

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Ethos Spa Offers CO2 Laser Skin Resurfacing Services for Acne Scarring and Hyperpigmentation in Summit NJ – Press Release

Andrew M. Santos 4 weeks ago

Ethos Spa, Skin and Laser Center, which is based in Summit, NJ, is offering CO2 laser skin resurfacing treatments for the removal of acne scars and hyperpigmentation. And the best candidates for acne scar removal are people with no active acne and have fair and smooth skin. The skin resurfacing is done by focusing concentrated light on the scar tissue, which causes it to break up, while also stimulating the body to grow healthy skin cells that will be used to take the place of the broken scar tissue. It should be noted, however, that if there are excessive acne scars, some may remain although not as obvious as before.

The acne scar and hyperpigmentation removal service offered by Ethos Spa makes use of a carbon dioxide laser. It is used to perform ablative resurfacing, which results in the total removal of the top layer of the scarred skin.

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