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Beauty Stores Like Sephora Draw Teens Driven by Social Media

Impelled in large part by TikTok to seek beauty products meant for adults, younger customers — teenagers and even preadolescents — are proving to be a mixed blessing for retailers like Sephora and Ulta.

Retail analysts say that as the beauty stores attract a new generation of shoppers, they will need to make sure that the experience remains fulfilling for their older, core customers — including some who may not enjoy stores full of tweens and teens.

“So much of luxury and prestige is the experience,” said Simeon Siegel, a retail analyst at BMO Capital Markets. “Making an adult feel

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Is Selena Gomez Selling Rare Beauty?

Selena Gomez struck gold when she decided to expand her music and acting career by becoming a beauty brand founder. Gomez’s Rare Beauty has become a mainstay in makeup routines all over the world, positioning the pop star as one of the most successful celebrity-founded beauty brands. The company launched in 2020 and is most notable for its highly pigmented “Soft Pinch Liquid Blush” shades.

For the next iteration of the brand, it’s been reported by WWD that Gomez has hired Goldman Sachs and Raymond James Investment Bank to help explore potential sale options and weed through interest from investors.