Ulta Beauty is set to open a new location in Stamford Shopping Center.
Party City and
Dave's Hot Chicken will also join. They launched an inclusive digital space and wellness initiatives, addressing mental health and community content, to celebrate World Mental Health Day. RMS Beauty and Kylie Cosmetics also launched their products through Ulta. Asio Capital LLC and Boston Common Asset Management LLC have boosted their stakes in
Ulta Beauty while
SharkNinja highlighted the company in their Bull and Bear of the Day. The beauty retailer
Berkshire Hathaway took a stake in Ulta, increasing its visibility. The company has made partnerships like the multi-branded beauty collaboration with Universal Picturesβ
Wicked, as well as on-demand delivery of beauty products with
DoorDash. However, it had to lower its annual forecasts due to slowing demand for beauty products while TD Cowen has also downgraded the company citing medium-term difficulties. Despite this,
Ulta Beauty optimistic about its growth with new launches and increased digital strategies.
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