Net-a-porter to Shutter Beauty Business: Sources [Yahoo! Finance]
Coupang, Inc. Class A (CPNG)
Company Research
Source: Yahoo! Finance
arm has been ailing for some time, and that a pivot toward ultra-luxury price points earlier this year was enacted as a Hail Mary effort to resuscitate the business. More from WWD Inclusive Retail Platform Thirteen Lune Is Exploring Deal Options EXCLUSIVE: Canopy Targets Beauty Enthusiasts and New Parents With Back-to-back Target and Sephora Humidifier Rollouts Roberta Benaglia on Forte_Forte's Expansion in South Korea Indeed, in November the e-tailer's market director Libby Paige laid out a project called “New Luxury,” sharing plans to double down on luxury brands that perform well, such as Liberowe, Sasuphi and Veronica De Piante, and trim those that don't. As part of the shift, the source said the e-tailer trimmed its beauty assortment “significantly” this past winter. Among the e-tailer's most luxe beauty offerings are a $2,695 Lyma Laser Starter Kit; a $1,900 Shani Darden + Déesse Pro LED Light Mask, Numerous $900-plus serums from La Prairie , Auteur and Natura Blissé
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- Coupang, Inc. (CPNG) Rises Higher Than Market: Key Facts [Yahoo! Finance]Yahoo! Finance
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CPNG
Earnings
- 8/6/24 - Beat
CPNG
Sec Filings
- 8/23/24 - Form 4
- 8/21/24 - Form 4
- 8/19/24 - Form 144
- CPNG's page on the SEC website