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On Thursday, E.l.f. announced its fourth-quarter earnings and full fiscal year earnings for 2023; reporting a 48 percent increase in year-end net sales to $578.8 million.
Sarah Elson
The News in Brief
Express, Inc. completed its joint acquisition of the menswear brand Bonobos in partnership with WHP Global for a combined purchase price of $75 million, the company announced Wednesday.
Legendary off-price store Century 21 reopened its flagship location in Manhattan’s Financial District after filing for Chapter 11 bankruptcy in 2020 during the Covid-19 pandemic.
Chanel has named actor Timothée Chalamet as an ambassador for its Bleu De Chanel fragrance. The team-up marks the 27-year-old’s first fashion or beauty partnership.
The media company appointed Nick Hotchkin as chief financial officer. He succeeds Jackie Marks, who joined the company in March 2021, in the role.
The social media giant, which is owned by Chinese company ByteDance, denied a Wall Street Journal report published Wednesday that it was postponing the wider rollout of its US shopping platform.
On Wednesday, Sephora US named Zena Srivatsa Arnold as the brand’s new chief marketing officer, according to a company spokesperson.
After over a decade in the role, WSJ magazine editor-in-chief Kristina O’Neill announced on Thursday that she would be leaving the publication this summer.