Latest news with #e.l.f.Beauty
Pink Villa
4 days ago
- Business
- Pink Villa
Hailey Bieber's Team Says Her Billion-Dollar Rhode Deal Has No Ties to Justin's Scooter Braun Settlement
Hailey Bieber's historic billion-dollar Rhode acquisition by e.l.f. Beauty has become a milestone in celebrity business, but rumors suggesting it helped fund Justin Bieber's recent 31.5-million-dollar settlement with Scooter Braun are being firmly denied. A rep for Hailey told People that her Rhode deal has no link to Justin's business dealings and has no connection to the legal dispute between the pop star and his former manager. Rumors swirl after simultaneous payouts Justin's settlement, finalized earlier this month, includes 26 million dollars to Braun's former company, HYBE, to repay an advance for his canceled 2022 Justice Tour, along with an additional 5.5 million to cover unpaid commissions. The agreement coincided with public news of Hailey's Rhode buyout, leading to online speculation that the timing was incredibly suspicious. However, Hailey's rep stressed that the Rhode sale 'is a huge accomplishment for Hailey' and has 'completely separate from her husband.' According to the same report, the 1-billion-dollar e.l.f. acquisition closed on May 28, weeks before Justin's financial agreement made headlines. Hailey's role in Rhode's future Under the new partnership, Hailey will continue as Rhode's founder and serve as Chief Creative Officer and Head of Innovation. She will oversee product development, branding, and strategy while acting as an advisor to the combined companies. A source told the publication that she did not actively seek out a deal, e.l.f. came to her: 'She's incredibly excited,' the source shared. 'She's proud of how far Rhode has come, and she truly believes that teaming up with e.l.f will help take the brand to the next level.' Meanwhile, Justin is said to be 'beyond proud,' knowing firsthand how hard she's worked since Rhode's 2022 launch.
Perth Now
5 days ago
- Entertainment
- Perth Now
Hailey Bieber suffering skin problems due to 'stress'
Hailey Bieber has been suffering from a "flare up" of perioral dermatitis. The Rhode founder has revealed she often gets a bout of the skin rash when she's tired or stressed or has used the wrong products on her skin and she's now shared the "minimal" steps she uses to calm it down. In a post on Instagram, she shared a picture of the rash around her mouth and wrote: "Always flares up when I'm traveling a lot, sleep deprived, hormones, the wrong SPF, new products, stress." Hailey went on to explain how she calms her skin down again using prescription medication and products from her Rhode beauty range. She added: "What I use when I have a flare: so minimal. Rinse my face with water, prescription Azelaic, Hypochlorous acid, Clindamycin, Glazing Milk." Hailey recently sold her Rhode brand to e.l.f. Beauty in a deal estimated to be worth up to $1 billion, but she'll stay on as chief creative officer and head of innovation as well as acting as a consultant to e.l.f. Beauty. The influencer recently insisted the arrangement will help her take the products to a whole new level and expand across the world. She told Glamour magazine: "When you're launching a brand, you're just so focused on what's right in front of you at the time. "And of course, you always have really big dreams and really big goals for it. This is definitely one of those things being realised. I could have never anticipated that it would happen at this exact time ... "I'm super excited ... I'll be the chief creative officer and head of innovation at Rhode and advisor to Elf Beauty. "I feel like at this very moment in time, my vision has not been more clear to me. I want to expand globally, and I have so many more dreams and goals that I want to be realised. And I really believe that Elf is going to help us get there." When asked if there will ever be a "crossover collection" between Rhode and e.l.f. Cosmetics, she replied: "Well, that'll depend on our strategic advisor ... "I'm always open to seeing how we can innovate together. I mean, that is the whole point of all of this. I would say nothing's off the table."
Daily Mirror
13-07-2025
- Business
- Daily Mirror
Viral beauty brand launches cheeky campaign mocking men with this name
E.l.f. Beauty launched it's newest campaign and initiative to encourage company board workers to verify their gender and race on the Change The Board website, for this two year mission: E.l.f. Beauty's peak in popularity has included excellent dupe products, skincare in makeup and affordable prices that remain in our budget-friendly baskets. Their new campaign seems to go one step further, calling out the injustice of boardrooms favouring old, white men of this particular name. In a shocking discovery, e.l.f. Beauty's research shows there are "So Many 'Dicks' So Few of Everyone Else," with e.l.f. encouraging "more diversity across U.S. corporate boards." The ingenious campaign demands to be seen, posted across Wall Street, New York, asking why there are so few diverse hires in a market that predominantly targets women, of every race and skin tone. The hilarious play on words points out one cheeky fact that boardrooms cannot escape: the lack of diversity hires - particularly Black women. E.l.f's Change The Board campaign sets out to raise awareness of the substantial employment gap that favours hires nicknamed "Dick" over Black women of any name at all. e.l.f. Beauty Chairman and CEO, Tarang Amin, states his belief in the company's "unique Board of Directors" being the reason for their overall business growth. He said: "One of the most important things a diverse board does is bring in multiple viewpoints to make better decisions. At e.l.f. Beauty, empathy is part of our business model because it brings us closer to our community and the things people in the community care about". "A diverse board also helps us stay culturally relevant among multiple affinities. It's the unique combination and diverse school of thought that helps us lead innovation and brand demand in the industry". An interesting development since acquiring beauty mogul and model Hailey Beiber's Rhode Beauty just over a month ago, e.l.f. has now shared its commitment "to help double the rate of women and diverse members added to corporate boards by 2027". For more stories like this subscribe to our weekly newsletter, The Weekly Gulp, for a curated roundup of trending stories, poignant interviews, and viral lifestyle picks from The Mirror's Audience U35 team delivered straight to your inbox. Working with agency OBERLAND, the beauty giant completed its survey exploring the race and gender of each person serving on director boards of American-based companies listed on the New York Stock Exchange and NASDAQ. By researching biographies, images, public statements and public filings available to the general public, they proved that a surprising 566 men on these company boards were named Richard, Rick, or Dick. They also noticed that, compared to 'just the Dicks,' Black and Asian women of any name barely scratch the surface of White, male employees - with only 806 Black Women and and even lesser 774 Asian Women on boards. Significantly, there were only 283 Hispanic women on these same boards, and 19 times more men named Dick than the sole 29 women of Middle Eastern descent. Tragically, the report highlighted that a minuscule three Native American women serving on boards, compared to the 566 Richards and Dicks. Kory Marchisotto, the Chief Marketing Officer at e.l.f. spoke on the company's mission to diversify boardrooms, saying: "Diverse representation isn't limited to within the four walls of our company. We want to normalize diversity – and if it takes some ' in-your-face advertising to do it, we're happy to put it on some of the biggest screens you can imagine". She added that the aim of the data and campaign is "to invite others with us on this journey to drive real impact and help corporate boards more accurately reflect the world around us". Launched in May, 2025, the global beauty giant asks existing board members to visit Change The Board and "verify and update their gender and race to ensure the database is the most accurate representation of corporate boards in the U.S," all in the name of inclusivity and progression. Help us improve our content by completing the survey below. We'd love to hear from you!
Yahoo
07-07-2025
- Business
- Yahoo
Why e.l.f. Beauty (ELF) Shares Are Trading Lower Today
Shares of cosmetics company e.l.f. Beauty (NYSE:ELF) fell 7.1% in the afternoon session after a significant institutional investor, Allspring Global Investments Holdings LLC, reported a massive reduction in its holdings. According to a recent filing with the Securities and Exchange Commission, Allspring Global Investments sold 419,138 shares of e.l.f. Beauty during the first quarter, cutting its position by nearly 90%. This large-scale sell-off by a major institutional holder can often unnerve the market, prompting other investors to sell and adding downward pressure on the stock price. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy e.l.f. Beauty? Access our full analysis report here, it's free. e.l.f. Beauty's shares are extremely volatile and have had 50 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. e.l.f. Beauty is down 0.6% since the beginning of the year, and at $122.05 per share, it is trading 42.1% below its 52-week high of $210.90 from July 2024. Investors who bought $1,000 worth of e.l.f. Beauty's shares 5 years ago would now be looking at an investment worth $6,192. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Mail
05-07-2025
- Entertainment
- Daily Mail
Hailey Bieber's dad Stephen Baldwin reacts to her selling Rhode for $1 billion after rift with her and Justin
Stephen Baldwin is proud of his daughter Hailey Bieber, 28, for selling Rhode to e.l.f. Beauty for $1 billion. 'It took her three years,' the actor told Adam Carolla during a recent episode of The Adam Carolla Show. 'What, did you think that was just some rotten tomatoes journey? The cool part of it is she's super smart, smart in business,' he continued of the 28-year-old. His kind words came in the wake of a family rift after he publicly urged fans to pray for her and her husband Justin Bieber, which she considered to be him meddling in their affairs, a source told 'Succeeded as a model prior to everything she's doing now. But the cool part was she actually had an offer to do something pretty big and cool in the cosmetics a couple years ago and didn't.' Stephen, 58, went on to explain that Hailey didn't just endorse a brand someone else came up with, she made products that she would use herself. 'The reason its succeeding is people are responding to it,' he noted. 'It actually works as hydration and all of that.' Stephen is also dad to 32-year-old daughter Alaia Baldwin Aronow and he revealed he takes a hands-off approach to his kids' careers. 'I let my kids do what they're doing,' he shared. 'And if they want to throw a boomerang at me, I'll call them back.' Plus, both of his girls are married to successful men and he gushed over Justin Bieber and Alaia's husband Andrew Aronow. As Stephen added, 'I'm blessed that my two daughters married two great guys.' He also insisted that family comes first. 'The sweet part of my kids, too, is, in the wake of whatever their success is, their dad remains the same,' he gushed. 'I've always been the same way. You know you're going to tell your daughter the truth.' 'What, did you think that was just some rotten tomatoes journey? The cool part of it is she's super smart, smart in business,' he continued of the 28-year-old. Stephen, 58, went on to explain that Hailey didn't just endorse a brand someone else came up with, she made products that she would use herself. Seen here November 18, 2024 And he's crediting Hailey with helping Justin through the hard time he's having lately. The Usual Suspects actor said: 'I am just glad he connected with a great gal to help him survive.' Stephen added: 'Their happiness and their wellbeing and their health is more obviously now better than ever.' In August 2024, Hailey and Justin welcomed their first child, son Jack Blues, and his grandad Stephen gushed with pride about the newborn describing him as 'incredibly cute'. Asked about the new parents, who got married in 2018 after a whirlwind romance, Stephen said that new parenthood has been 'very relaxed' for the couple. He added: 'They're just spending really sweet, private quality time with Jack and we're just getting ready to watch him come out on the world here, come out on the scene.' He also offered his babysitting services: 'Sometimes grandpa can clean up. You know what I'm saying?' Hailey is allegedly choosing to keep her parents away from her baby son Jack amid her ongoing tensions with the pair, according to sources who say she has long clashed with Stephen and Kennya Baldwin over religious and political beliefs. Though her father celebrated the birth of his grandson with a post on Instagram, which Hailey did not like from her own account, the model's mother raised eyebrows after choosing not to mark the moment on her own social media feed. It highlights Hailey's strained relationship with her parents, which reportedly started to 'break down' further when the beauty mogul fell pregnant. 'Hailey's relationship with her family has been eroding for some time now,' a source told exclusively. 'She was closer with her mom, but that started to break down when she fell pregnant because she didn't want to tell her family for months.' The insider explained that the situation that ultimately pushed Hailey over the edge was when her father shared a post asking fans to pray for Hailey and Justin, something which sparked concern for the couple.
