Coty reports above-market sales growth in Q3 led by beauty demandsThe prestige cosmetics business saw strong momentum with reported net revenue growth of over 25% in the quarter, led by its three prestige cosmetics brands, Burberry, Kylie and Gucci. Despite slowing economic growth, shoppers continue spendingEconomic growth slowed during the first three months of the year, but consumers are still spending more than last year, the National Retail Federation reports. Publix reports sales gains in Q1 For the quarter ending March 30, total sales were $15.1 billion, an increase from the previous quarter. iBeauty Brands acquires Voloom The company recently announced its acquisition of Voloom, a brand known best for its patented hair volumizing iron. Retail sales steadily climbing Data released by the U.S. Census Bureau shows retail sales rose 1.1% in March and were up 3.2% year-over-year. Costco sales rise in March Total company sales for the month were $23.48 billion, an increase of 9.4% from the comparable period the previous year. Monogram Capital Partners acquires majority stake in Tru Fragrance & Beauty Tru Fragrance & Beauty’s roster of brands includes perfumes and colognes from Le Monde Gourmand, Lake & Syke, Yellowstone and Wrangler. Grown Alchemist departs L’Occitane Group, moves to private ownership Following the transaction, Grown Alchemist will focus on large-scale partnerships and activations in lifestyle, music and retail to help drive international growth in key markets. Selena Gomez reportedly weighing sale of Rare Beauty According to reports, Rare Beauty, which is valued at $2 billion, has hired financial advisors to weigh in on potential investments or acquisitions. Dollar General reports Q4, fiscal year 2023 results Dollar General’s fourth quarter net sales decreased 3.4% to $9.9 billion; fiscal year net sales increased 2.2% to $38.7 billion. First Previous 5 6 7 8 9 Next Last
