Net Sales Increased 9.3 Percent to $2.8 Billion
Boosted by its acquisition of British beauty retailer Space NK and shrugging off the end of its partnership with Target Corp., Ulta Beauty beat Wall Street forecasts on both the…
U.S. Beauty Hits $50.6 Billion in First Half, Showing Resilience
Beauty is showing resilience to broader macroeconomic headwinds, Circana data from the first half of 2025 shows. In the U.S., the prestige beauty market grew by 2 percent to $16…
Phil Knight’s Record $2 Billion Gift Is Latest on How Footwear Cares
Phil Knight is no stranger to giving back — and the Nike co-founder’s latest move cements his status as one of the most powerful philanthropists in the world. On Thursday,…
NBA approves Celtics sale at record $6.1 billion valuation
Aug 13, 2025, 06:20 PM ET BOSTON — The NBA board of governors on Wednesday unanimously approved the sale of the Boston Celtics to a group led by private equity…
Must Read: Quince Valued at More Than $4.5 Billion, Selena Gomez on Rare Beauty's First Fragrance
Photo: Jeenah Moon for The Washington Post via Getty Images These are the stories making headlines in fashion on Tuesday. Quince valued at more than $4.5 billion Affordable luxury brand…
Marc Jacobs Brand Might Sell for $1 Billion In Luxury Shakeup
The Marc Jacobs brand might be coming back to America. Twenty-eight years after Bernard Arnault stepped in to first help support the designer’s brand, LVMH Moët Hennessy Louis Vuitton is…
Report: Stu Sternberg to sell Tampa Bay Rays for $1.7 billion
Jul 14, 2025, 06:21 PM ET Tampa Bay Rays owner Stu Sternberg has agreed in principle to a $1.7 billion deal to sell the franchise to a group led by…
Jonathan Anderson’s Dior Show Garnered a Billion Views on Social Media
TRAFFIC PATTERNS: The curiosity about Jonathan Anderson’s Dior debut was real. According to the fashion house, more than a million people followed the livestream of the fashion show, staged in…
NBA owners approve $1.5 billion sale of Wolves, WNBA’s Lynx
Jun 24, 2025, 05:14 PM ET MINNEAPOLIS — The $1.5 billion sale of the Minnesota Timberwolves from Glen Taylor to an investment group led by e-commerce entrepreneur Marc Lore and…
Fabletics Promotes Key Leaders as It Eyes $1 Billion Milestone
Fabletics has announced two key executive leadership promotions. Meera Bhatia, who previously served as chief operating officer, has been elevated to president and COO. She has driven initiatives across e-commerce,…