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Ulta’s growth to continue with 100 stores in 2017
There is no denying it: Ulta Salon Cosmetics & Fragrance is on a roll.The retailer will open 100 stores this year, including its first-ever location in Manhattan.Shares of Ulta rose 38% last year, about four times higher than the Standard & Poor’s 500 Index’s gain, Bloomberg reported, and its annual revenue has quadrupled to $3.9 billion since it went public 10 years ago.From brows to lashes and lips, color cosmetic sales are trending up
From the hot color segments to new product launches, here is what you need to know about the beauty business in 2017.
(To view the full Beauty Trends Report, click here.)
Mass market color cosmetics sales continue to climb, driven primarily by adventurous millennials.
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