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Beauty giant Sephora has returned to the UK after nearly 20 years – by betting on AI and gen Z

Retrieved on:

Thursday, April 18, 2024

Attention, Boot, Algorithm, Beauty, Emily Weiss, Name, Social media, Paraben, Artificial intelligence, AI, Dior, Cult Beauty, Generation, LVMH, Generation Z, Stitch Fix, Superdrug, Marketing, Cosmetics

Sephora, the French multinational retailer of personal care and beauty products, has made a comeback to the UK after an 18-year hiatus.

Key Points:

Sephora, the French multinational retailer of personal care and beauty products, has made a comeback to the UK after an 18-year hiatus.
Back in 2005, Sephora decided to close its UK stores due to market challenges and fierce competition from homegrown retailers like Boots and Superdrug.
Sephora launched its online store in the UK in 2022 after acquiring Feelunique, a British online retailer.

The power of AI

Another factor that may have influenced Sephora’s decision is the growing power of artificial intelligence (AI) in the beauty industry.
Sephora has been at the forefront of this trend, leveraging AI to offer personalised skincare routines, virtual makeup try-on, and product recommendations based on individual preferences and skin types.
By harnessing the power of AI, Sephora may be able to provide a more engaging and tailored shopping experience to its UK customers.
The use of AI in beauty and fashion retail is a growing trend, with many companies recognising its potential to transform the shopping experience.

Back for good?

The retailer has been opening new stores in various regions, including China, Russia and the Middle East.
This international growth strategy could have given Sephora the confidence and resources to tackle the UK market once again.
But its return to the UK market after nearly 20 years is a bold move that reflects the changing dynamics of the beauty industry.

Nisreen Ameen does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Stitch Fix Announces New Employee Inducement Grant

Retrieved on:

Friday, April 5, 2024

Stitch Fix, SAN, Employment, RSU

SAN FRANCISCO, April 05, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, today announced that effective April 2, 2024, the compensation committee of the company’s board of directors granted Lillian Reaume, Chief People Officer, restricted stock units (RSUs) to acquire 509,091 shares of the company’s Class A common stock.

Key Points:

SAN FRANCISCO, April 05, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, today announced that effective April 2, 2024, the compensation committee of the company’s board of directors granted Lillian Reaume, Chief People Officer, restricted stock units (RSUs) to acquire 509,091 shares of the company’s Class A common stock.
One fourth (25%) of the RSUs will vest on September 11, 2024.
The RSUs were granted pursuant to, and are subject to the terms of, the Stitch Fix, Inc.
Amended and Restated 2019 Inducement Plan and forms of RSU agreements thereunder, which were approved by the company's board of directors in April 2022 under Rule 5635(c)(4) of the Nasdaq Global Market for equity grants to induce new employees to enter into employment with the company.

Stitch Fix Announces Appointment of Lillian Reaume as Chief People Officer

Retrieved on:

Wednesday, March 13, 2024

HR, Culture, Amazon, Digital, Alexa, SAN, Ford Motor Company, DNA, Clothing, Communication, Simmons Bedding Company, Mattel, FrontDoor, Stitch Fix, BlackBerry, Corporate communication, DEI, Management

SAN FRANCISCO, March 13, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, announced today that Lillian Reaume has joined the company as its Chief People Officer.

Key Points:

SAN FRANCISCO, March 13, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, announced today that Lillian Reaume has joined the company as its Chief People Officer.
She reports to Matt Baer, CEO of Stitch Fix.
Prior to Stitch Fix, she held several HR leadership roles at Amazon, including Head of HR for the Alexa organization.
Chief Product and Technology Officer Tony Bacos joined the company in November of last year after serving as Chief Digital Officer at Frontdoor and Chief Product and Technology Officer at Amazon Fashion.

Yelp Appoints Dan Jedda to its Board of Directors as George Hu Steps Down

Retrieved on:

Thursday, March 28, 2024

Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, today announced the appointment of Dan Jedda, chief financial officer of Roku, Inc., to its Board of Directors, effective March 29, 2024.

Key Points:

Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, today announced the appointment of Dan Jedda, chief financial officer of Roku, Inc., to its Board of Directors, effective March 29, 2024.
This appointment coincides with the departure of George Hu, who will be stepping down from the Yelp Board of Directors on the same date after dedicating over five years of service as a director and as a member of the Compensation Committee of the Board.
Jedda's appointment comes at a time when Yelp continues to expand its product offerings and enhance its platform to better serve both businesses and consumers.
“Dan brings a wealth of experience to the Yelp Board, having served as chief financial officer at leading technology companies,” said Jeremy Stoppelman, Yelp’s co-founder and chief executive officer.

Stitch Fix Announces Date for Second Quarter 2024 Financial Results and Conference Call

Retrieved on:

Tuesday, February 20, 2024

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SAN FRANCISCO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, today announced that it will release financial results for its second quarter fiscal year 2024 ended January 27, 2024 after market close on Monday, March 4, 2024.

Key Points:

SAN FRANCISCO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, today announced that it will release financial results for its second quarter fiscal year 2024 ended January 27, 2024 after market close on Monday, March 4, 2024.
Following this, Stitch Fix will hold a conference call at 2:00 p.m. PT / 5:00 p.m.
ET to discuss its financial results and outlook.
A live webcast of the call will be accessible on the investor relations section of the Stitch Fix website at https://investors.stitchfix.com .

Stitch Fix Announces New Employee Inducement Grant

Retrieved on:

Friday, January 19, 2024

SAN, Stitch Fix, RSU, Employment

SAN FRANCISCO, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, today announced that effective January 18, 2024, the compensation committee of the company’s board of directors granted restricted stock units (RSUs) to one new employee to acquire 63,679 shares of the company’s Class A common stock.

Key Points:

SAN FRANCISCO, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, today announced that effective January 18, 2024, the compensation committee of the company’s board of directors granted restricted stock units (RSUs) to one new employee to acquire 63,679 shares of the company’s Class A common stock.
One fourth of these restricted stock units will vest on March 13, 2024, and the remainder will vest in 3 equal quarterly installments of 1/4th over the next three subsequent quarterly RSU vesting dates, subject to the recipient's continuous service on each vesting date.
The RSUs were granted pursuant to, and are subject to the terms of, the Stitch Fix, Inc.
Amended and Restated 2019 Inducement Plan and forms of stock option and RSU agreements thereunder, which were approved by the company's board of directors in April 2022 under Rule 5635(c)(4) of the Nasdaq Global Market for equity grants to induce new employees to enter into employment with the company.

Stitch Fix Debuts Style Tune Ups: A New Way To Receive Personalized Style And #OOTD Playlist Inspiration on Spotify

Retrieved on:

Tuesday, January 23, 2024

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SAN FRANCISCO, Jan. 23, 2024 /PRNewswire/ -- Today, Stitch Fix announced the launch of Style Tune Ups, a first-of-its-kind interactive experience that leverages Spotify's sonic sensibilities and Stitch Fix's styling expertise. The new feature offers personalized outfit recommendations based on the trends from Stitch Fix's 2024 Style Forecast, along with curated #OOTD playlists for a more inspired getting ready routine.

Key Points:

Shoppers can head to Spotify to begin their Style Tune Up journey, where they'll answer a few brief questions about their personal style.
From there, the experience will unveil the trend from Stitch Fix's 2024 Style Forecast that embodies their unique style.
After their Style Tune Up results are revealed, they can head over to Stitch Fix and share their personalized results with their Stylist ahead of their next Fix.
To celebrate the synergy between style and music, Stitch Fix is debuting Tune Up Styling Sessions, virtual appointments with a Stitch Fix Stylist for 2024 concert attendees.

Starbucks Elects Daniel Servitje, Neal Mohan and Mike Sievert to its Board of Directors

Retrieved on:

Tuesday, January 9, 2024

Starbucks Coffee Company (NASDAQ: SBUX) today announced the election of Daniel Servitje, Neal Mohan and Mike Sievert to its Board of Directors.

Key Points:

Starbucks Coffee Company (NASDAQ: SBUX) today announced the election of Daniel Servitje, Neal Mohan and Mike Sievert to its Board of Directors.
View the full release here: https://www.businesswire.com/news/home/20240109494495/en/
Servitje has served as CEO of Grupo Bimbo since 1997 and as Chairman since 2013.
Mohan is a director on the board of 23andMe and previously served on the board at Stitch Fix.
“We are excited to welcome Daniel, Neal and Mike as new independent directors to the Starbucks board,” said Starbucks Chair Mellody Hobson.

Stitch Fix Announces New Employee Inducement Grants

Retrieved on:

Friday, December 15, 2023

Stitch Fix, Employment, SAN, RSU

SAN FRANCISCO, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, today announced that effective December 15, 2023, the compensation committee of the company’s board of directors granted restricted stock units (RSUs) to two new employees to acquire an aggregate of 283,588 shares of the company’s Class A common stock.

Key Points:

SAN FRANCISCO, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, today announced that effective December 15, 2023, the compensation committee of the company’s board of directors granted restricted stock units (RSUs) to two new employees to acquire an aggregate of 283,588 shares of the company’s Class A common stock.
One fourth of these restricted stock units will vest on March 13, 2024, and the remainder will vest in 3 equal quarterly installments of 1/4th over the next three subsequent quarterly RSU vesting dates, subject to the recipient's continuous service on each vesting date.
The RSUs were granted pursuant to, and are subject to the terms of, the Stitch Fix, Inc.
Amended and Restated 2019 Inducement Plan and forms of stock option and RSU agreements thereunder, which were approved by the company's board of directors in April 2022 under Rule 5635(c)(4) of the Nasdaq Global Market for equity grants to induce new employees to enter into employment with the company.

Stitch Fix Announces New Employee Inducement Grant

Retrieved on:

Tuesday, December 12, 2023

Stitch Fix, Employment, SAN, RSU

One fourth (25%) of the stock option and RSU will vest on June 12, 2024.

Key Points:

One fourth (25%) of the stock option and RSU will vest on June 12, 2024.
The remaining shares subject to the option and the RSU shall vest as follows: 12.5% of the shares will vest on each of the next two quarterly vesting dates; 8.33% will vest on each of the four subsequent quarterly vesting dates, and 4.17% will vest on each of the four subsequent quarterly vesting dates, subject to Mr. Bacos’s continued service on each vesting date.
The stock options and RSUs were granted pursuant to, and are subject to the terms of, the Stitch Fix, Inc.
Amended and Restated 2019 Inducement Plan and forms of stock option and RSU agreements thereunder, which were approved by the company's board of directors in April 2022 under Rule 5635(c)(4) of the Nasdaq Global Market for equity grants to induce new employees to enter into employment with the company.