“They could just wait and use the creep provision which allows them to buy 3% every half without launching a takeover”
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Said on Quality At Value - Value Investing In Shares
Heather Lane, Ulta Beauty · The Chain Podcast · From Resilience to Readiness: Designing Supply Chains for a World that Never Stabilizes
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Launched an online marketplace with roughly 200 brands, allowing customers to buy from brands without Ulta holding the inventory
200 brands
“They could just wait and use the creep provision which allows them to buy 3% every half without launching a takeover”
“We do a very thorough vetting process with our brands of who can kind of come into the marketplace”
“‘We partnered with The Block… they run their own marketplace… great for e-commerce brands to get exposure during traditional TV slots.’”
“What we've done in the last five years, is to develop the Siturol brand from a destination brand to what we call a region brand”
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