Market Overview - The men's makeup market is emerging as a lucrative growth opportunity within the beauty industry, with retailers like Ulta Beauty and Sephora recognizing its potential [1][3] - Men's grooming sales in the U.S. reached $7.1 billion in 2025, reflecting a year-over-year growth of 6.9%, while the global market is projected to exceed $85 billion by 2032, driven primarily by the skin-care sector [3] Consumer Trends - A significant increase in the use of facial skin-care products among Gen Z men, with 68% of males aged 18 to 27 using such products in 2024, up from 42% in 2022 [4] - Approximately 15% of U.S. heterosexual men aged 18 to 65 were using cosmetics in 2022, with another 17% considering it, indicating a growing acceptance of makeup among men [5] Retail Strategies - Retailers are adapting to the growing demand by integrating men's products into gender-neutral displays, moving away from traditional "Men's" aisles to reduce stigma [9] - Target launched a men-focused personal care brand, TONE, in partnership with AMP, targeting Gen Z males through platforms like YouTube and Twitch [10] Marketing Approaches - Brands are increasingly investing in influencer marketing to engage consumers on platforms like TikTok and Amazon, making it easier for potential buyers to discover and purchase products [11] - Educational initiatives, such as QR codes on product packaging that link to tutorials, are being implemented to help men understand how to use cosmetics without feeling awkward [12] Cultural Shifts - The modern commercial men's makeup movement has gained momentum since the mid-2010s, with social media playing a crucial role in normalizing makeup for men [14][15] - The perception of grooming and makeup is shifting from vanity to maintenance, which is helping to reduce stigma and encourage spending [17] Future Outlook - There is a debate on whether men prefer "men's makeup" or simply makeup, with a trend towards gender-neutral brands gaining traction among younger consumers [19] - Industry experts predict that the concept of "men's makeup" may become obsolete in the next decade as the gender binary in beauty continues to dissolve [20]

As filed with the U.S. Securities and Exchange Commission on January 8, 2026 Registration No. 333-291618 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 AMENDMENT NO. 2 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Meiwu Technology Company Limited (Exact name of registrant as specified in its charter) British Virgin Islands 5961 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I ...

Key Takeaways Five stocks cleared a screen for efficiency ratios beating industry averages, narrowing 7,906 names to 16.UNFI stands out as a leading distributor with a 52.10% average four-quarter earnings surprise.ULTA made the list as a leading U.S. beauty retailer with a 15.7% average four-quarter earnings surprise.Efficiency level measures a company’s capability to transform available input into output, and is often considered an essential parameter for gauging its potential to generate profits. A compan ...

公告表示，本次合作旨在强化集团在中国的高端香氛分销网络，丰富家居香氛品类市场份额和品牌价位 段版图，捕捉中国香氛市场的双位数增长潜力，为集团注入可持续的业务动力。 格隆汇1月6日丨颖通控股(06883.HK)发布公告，自2026年1月1日起，集团与意大利高端香氛品牌 CULTI 库俐缇("CULTI")建立合作关系。通过此合作，集团已获得CULTI旗下产品在中国内地、中国香港及中 国澳门市场的独家经销权，并负责为该品牌实施定制化的市场进入与扩张计划。 CULTI系由意大利公司CULTI Milano S.p.A.持有的品牌，该品牌专注于无火香薰，定位高端生活，覆盖 意式家居香氛、车载香薰、个人护理产品及香水的全氛围香氛体验，打造"家的文化"，把艺术和自然巧 妙融合，正契合市场对"情感健康"及"价值共鸣"的消费趋势。 ...

Beauty brand Coty has named Markus Strobel as executive chairman of the board and interim CEO. The appointment will take effect on 1 January 2026. Strobel arrives at Coty after more than three decades at Procter & Gamble (P&G), where he most recently headed the company’s global skin and personal care division as president. Over his 33-year tenure, he held a series of senior posts across beauty & grooming, spanning fine fragrance, hair care and grooming. At P&G, Strobel oversaw category and organisatio ...

Updated on Dec. 22 at 4:15 p.m. ET Sue Nabi is exiting Coty as chief executive officer and will be succeeded on an interim basis by Markus Strobel, who has also been named executive chairman of the board. More from WWD Shares of the company closed down 3.5 percent to $3.15 on Monday. Strobel joins Coty after a 33-year career at Procter & Gamble, where he most recently served as president of P&G’s global skin and personal care business. During his tenure, he held senior roles across beauty and grooming ...

Core Insights - Coty has agreed to sell its remaining 25.8% stake in Wella to KKR for an upfront cash payment of $750 million, completing its divestment plan initiated in 2020 [1] - The transaction is expected to enhance Coty's financial position by lowering its net leverage to around 3x by the end of CY25, with a long-term goal of achieving a leverage ratio of 2.0x [2][3] - Coty plans to use the majority of the cash proceeds to reduce both short- and long-term debt, alongside anticipated free cash flow of over $350 million in the first half of FY26 [3] Financial Performance and Strategy - Coty anticipates additional cash inflows from the Wella transaction, which could bring total gross returns closer to the book value of its investment [2] - The strategic partnership with KKR has been beneficial, allowing Coty to capitalize on Wella's growth and strengthen its financial foundations [4] Business Review - In October, Coty initiated a strategic review of its consumer beauty segment, focusing on its $1.2 billion mass color cosmetics business and its Brazilian operations generating close to $400 million in revenue [5]

Core Insights - ULOFEY has launched the Invisible Blend™ Fake Scalp Wigs collection, which aims to provide a realistic and comfortable solution for individuals experiencing hair loss and style creators [5][6][7] - The new technology mimics a real human scalp, eliminating the need for additional products to conceal the wig's base, thus enhancing the user experience [6][7] - ULOFEY emphasizes its commitment to quality by using 100% unprocessed raw-virgin hair sourced from premium donors, ensuring durability and natural movement [8] Product Features - The Invisible Blend™ technology offers a flawless, undetectable blend, catering specifically to customers with sensitive scalps, such as those with alopecia or pattern baldness [7] - The wigs are Ready-to-Wear, featuring pre-plucked hairlines and expertly bleached knots for an immediate professional finish [7] - ULOFEY is expanding its product line to include lighter-density wigs and cap constructions that cater to the Caucasian market, ensuring a perfect fit for diverse demographics [9] International Shipping and Customer Engagement - ULOFEY has implemented a Delivered Duty Paid (DDP) shipping policy, which simplifies international purchases by pre-paying all applicable import duties and taxes, providing a hassle-free shopping experience [10] - The ULOFEY Collective is an exclusive community that allows customers to influence product development, offering them access to product exclusives and special discounts [11] Company Overview - ULOFEY is dedicated to sourcing high-quality, ethically-derived hair and utilizing innovative technology to enhance the wig-wearing experience [12]

Core Insights - e.l.f. Beauty and Ulta Beauty reported contrasting earnings results, with e.l.f. exceeding earnings expectations but experiencing a significant stock decline, while Ulta continued its streak of earnings beats and maintained stable stock performance [2][6]. e.l.f. Beauty Performance - e.l.f. reported a revenue increase of 14.2% year-over-year, reaching $343.9 million in Q2, but net income plummeted by 84.8% to $3 million [3]. - The company faced an operating loss of $0.7 million despite a gross margin of 69.4%, with selling, general, and administrative expenses soaring to $231 million, severely impacting profitability [3]. - Management's decision to build inventory resulted in a cash burn of $37.9 million, leading to a compressed operating margin of 2.24% [3]. - Executives sold over $24 million in stock prior to the earnings report, which contributed to the stock's decline to the $70s range [3][6]. Ulta Beauty Performance - Ulta achieved $2.9 billion in revenue, surpassing estimates of $2.7 billion, with comparable sales increasing by 6.3% due to higher ticket sizes and transaction volumes [4]. - Net income remained stable at $230.9 million, maintaining a profit margin of 9.93%, while gross margin improved to 40.4% from 39.7% year-over-year [4]. - The company reaffirmed its full-year guidance, projecting approximately $12.3 billion in sales and earnings per share between $25.20 and $25.50 [4]. Comparative Metrics - e.l.f. Beauty's revenue growth was 14.2% year-over-year, while Ulta's was 12.9% [5]. - Profit margins were significantly different, with e.l.f. at 5.91% and Ulta at 9.93% [5]. - Operating margins also reflected a stark contrast, with e.l.f. at 2.24% compared to Ulta's 10.8% [5]. - Valuation metrics showed e.l.f. trading at a P/E ratio of 58.14x, while Ulta traded at 23.1x, indicating a substantial valuation gap despite Ulta's larger revenue base [5][7].

Financial Data and Key Metrics Changes - For Q3 2025, net sales increased by 12.9% to $2.9 billion compared to $2.5 billion last year [3][26] - Operating profit was 10.8% of sales, while diluted EPS was $5.14 per share, flat compared to last year [3][32] - Consolidated gross margin increased by 70 basis points to 40.4% of sales, primarily due to lower inventory shrink and higher merchandise margin [28][32] - SG&A expenses increased by 23.3% to $841 million, largely due to higher incentive compensation and investments in the Ulta Beauty Unleashed strategy [30][32] Business Line Data and Key Metrics Changes - Comparable sales growth was 6.3%, driven by a 3.8% increase in average ticket and a 2.4% increase in transactions [27] - Fragrance was the strongest growing category with double-digit comp sales growth, followed by skincare with high single-digit comp growth [8][9] - Makeup and hair care categories delivered mid-single-digit comparable sales growth, while services also saw mid-single-digit comp growth [10][11] Market Data and Key Metrics Changes - The mass and prestige beauty markets delivered mid-single-digit growth during Q3, despite a softening in overall consumer confidence [5] - Ulta Beauty gained market share in both mass and prestige beauty categories, with notable gains in e-commerce [4][57] Company Strategy and Development Direction - The company is focused on three strategic priorities: strengthening the core U.S. business, scaling new businesses including international expansion, and realigning the foundation for future growth [5][16] - Investments in digital engagement and personalization are yielding positive results, with app engagement accounting for 65% of online member sales [16][24] - The launch of UB Marketplace aims to expand the product assortment with minimal inventory risk, adding over 120 brands and 3,500 SKUs [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the upcoming holiday season, despite challenges in consumer spending, and emphasized the importance of value for beauty consumers [24][25] - The company is optimistic about its plans and improvements made, with a focus on delivering strong results during the holiday season [25][52] Other Important Information - The company opened seven new stores in Mexico and launched its first store in Kuwait, indicating ongoing international expansion [17][18] - The new Chief Financial Officer, Chris DelOrefice, is expected to contribute to the company's long-term growth strategy [22] Q&A Session Summary Question: Can you talk about what you're hearing from brands about pricing? - Management noted that there are ongoing price increases from brands, but they are being cautious due to consumer wallet pressures [36][38] Question: Can you provide more color on app engagement and consumer purchasing across channels? - Management highlighted that 80% of business still comes from stores, and app engagement has increased significantly, contributing to e-commerce growth [39][40] Question: How much of the comp performance is due to product newness versus better execution? - Management indicated that multiple factors, including merchandising, digital capabilities, and marketing, are contributing to the strong performance [42][43] Question: Can you elaborate on the SG&A growth and future expectations? - Management explained that the SG&A increase was primarily due to higher incentive compensation and investments, with plans to manage SG&A more closely to sales in the future [44][45] Question: How do you see the competitive situation today? - Management acknowledged the competitive landscape but emphasized Ulta's unique position and differentiation strategy to continue gaining market share [53][55]