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Read a wide range of TSG Consumer Partners news & analysis from The Business of Fashion's editoral team. Make BoF your fashion news source for TSG Consumer Partners.

(Reuters) - Ulta Beauty on Thursday raised the lower end of its full-year profit and sales forecasts helped by buoyant demand for luxury skincare and

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Ulta Beauty raises annual forecasts, longtime CFO Settersten to retire, 1450 AM 99.7 FM WHTC

Settersten who has been with the company for nearly 20 years will be succeeded by Paula Oyibo, the company's senior vice president of finance who joined in 2019. Ulta has also seen a boost from consumer interest steering toward dermatologist recommended brands like La Roche-Posay and CeraVe while also seeing robust demand from social media promotions of brands like Good Molecules, Hero Cosmetics and Peach Slices. The third quarter saw a slew of new launches notably – 'Half Magic', a vegan and cruelty-free makeup line by Euphoria makeup artist Donni Davy exclusive to Ulta Beauty, hair styling tools from Shark Beauty, dermatologist recommended PanOxyl, a popular Gen Z brand and Sniff, an emerging unisex fragrance.

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Ulta Beauty raises annual forecasts, longtime CFO Settersten to retire

News business : Selling to investors is off the table. The employees will also have the opportunity to determine the use of the profits with their voting rights. (#1533157)

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Helmut Schlotterer hands over Marc Cain to employee foundation

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Ulta: Fiscal Q3 Earnings Snapshot

Read a wide range of Damien Bertrand news & analysis from The Business of Fashion's editoral team. Make BoF your fashion news source for Damien Bertrand.

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drops as quarterly profit outlook misses estimates

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US may default on June 1 without debt ceiling hike; Biden, McCarthy to meet

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Ulta Beauty raises annual forecasts, longtime CFO Settersten to retire

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Ulta Beauty CFO, Scott Settersten, Discusses the Company's Growth Strategies and Omnichannel Successes

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US holiday sales growth to slow as inflation pinches wallets - report

Neuralink, the Elon Musk-founded company developing implantable chips that can read brain waves, has raised an additional $43 million in venture capital, according to a filing with the SEC. The filing published this week shows the company increased its previous tranche, led by Peter Thiel's Founders Fund, from $280 million to $323 million in early August. Founded in 2016, Neuralink has devised a sewing machine-like device capable of implanting ultra-thin threads inside the brain.

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Neuralink, Elon Musk's brain implant startup, quietly raises an additional $43M

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Brookfield reinsurance unit to buy American National for $5.1 bln

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