First Pass

7 stories from 4 sources

Beauty companies pursue growth through portfolios, technology, and speed

Day’s Recap

Supporting Articles

e.l.f. Beauty attributes much of its rapid growth to developing products and bringing them to market quickly. CFO Mandy Fields explains how the finance team supports the company's innovation process.

9:30 PMBloomberg Markets

e.l.f. Beauty is expanding beyond its color-cosmetics base by launching its own skincare line and acquiring established brands, including Hailey Bieber's Rhode for $1 billion in 2025. Its leadership sees skincare as the company's next major growth platform.

9:30 PMBloomberg Markets

e.l.f. Beauty CFO Mandy Fields has helped guide the company through 30 consecutive quarters of net sales growth while taking a broader role in corporate strategy. The company now views its Rhode acquisition and expanding skincare business as key to sustaining that momentum.

9:30 PMBloomberg Markets

Estée Lauder is expanding the role of Brian Franz, who oversees data, technology, and analytics, into the company's C-suite. The move places technology leadership closer to the center of the beauty group's turnaround effort.

12:48 PMFortune

Early users of Dyson’s $499.99 CameraJet toothbrush report that water is entering the battery compartment, with some devices failing shortly after use.

12:39 PMThe Verge

Other Developments

A curated list of other prominent stories from this day.

Crown Royal appears positioned to avoid the Trump administration’s new ban on Canadian liquor because the whisky is bottled in the United States for American consumers. That production arrangement could preserve the brand’s availability in its largest market.

3:40 PMMarketWatch

Heat waves and drought have reduced French Champagne output, but the surviving grapes are producing a vintage expected to be exceptional in quality.

11:49 AMBloomberg Markets

Make it yours

Build Your First Pass.

Pick your topics, set your cadence, and receive your personalized First Pass in your inbox. It’s that simple!