The Bolingbrook, Illinois-based cosmetics retailer has unveiled the Muse 100, an initiative that recognizes and awards grants to 100 trailblazing Black voices working in different fields of the beauty industry.
The beauty retailer reported second-quarter sales of $2.0 billion on Wednesday, an increase of 60.2% from $1.2 billion in the prior-year period, progress which led the company to increase its annual financial guidance.
Sourcing platform RangeMe has launched in the UK. It offers retailers instant access to over 200,000 suppliers and more than 750,000 products from around the world, with beauty being one of its big categories.
Ulta announced Q1 net income of $230.3 million, or $4.10 per diluted share, on Thursday, surging out of the loss reported by the company in the prior-year period and soaring over analysts’ estimates of $1.99 per share.