Welcome in, today is Tuesday, August eleventh, and we begin with Nutrire's first move into retail, announced with Ulta Beauty. Nutrire is entering retail for the first time, and it is doing so nationally. The Chicago brand announced an exclusive partnership with Ulta Beauty on Monday, per its release carried by CNHI News. The full collection went live on Ulta dot com on August tenth, and it reaches roughly two hundred and fifty Ulta stores from August twenty-third. That same announcement places Nutrire in Sparked, the retailer's curated platform for emerging brands. The brand was incubated inside Tricoci Salon and Spa and built with estheticians, trichologists and hairstylists around a scalp-first system, a route from professional backbar to prestige shelf that hands haircare buyers a fresh comparison point for hair-wellness assortment. Glossy frames the launch as a trade-up test, pointing to a sixty-eight dollar scalp serum landing on a value-led floor. Industry reaction leans the same way, treating the price tier rather than the distribution win as the open question. Also today, Natura reported second-quarter revenue of five point two billion Brazilian reais, with consolidated EBITDA of six hundred and twenty million reais at a twelve percent margin. That comes from the company's own results summary, and the split inside it is the point: Brazil under pressure, Hispanic America growing. Natura attributes the Brazilian softness to operational challenges, temporary tax effects and the macroeconomic environment. The same summary puts Hispanic America's growth at seven point two percent, calls it accelerated, and reports higher profitability in those markets as well. For anyone reading direct selling region by region, that divergence is the figure to carry forward. We have the company's summary release so far, not a fuller account of the quarter. Separately, Rare Beauty has launched a second eau de parfum. Cosmetics Business reports that Rare Beginnings is a fruity-floral scent with twelve-hour wear, sold exclusively at Sephora, following Rare, the brand's first fragrance, from July twenty twenty-five. Per that reporting, it arrives alongside two fragrance layering balms, Fruity Pear and Sweet Marshmallow, and in a bottle developed with certified hand therapists and packaging engineers so it can be dispensed with the palm, four fingers or a single finger. A second scent inside about a year turns fragrance into a standing category for a brand built on colour cosmetics, rather than a one-off extension. Industry reaction leans toward reading the layering balms as the more telling move, a response to demand for personalisation, though some in the trade argue the celebrity story drives first trial while the juice decides repeat purchase. Staying with fragrance, DSM-Firmenich has agreed a thirty-three million dollar settlement with direct purchasers, resolving claims against the company in US litigation that alleges price fixing in the fragrance ingredients market. That is per Global Cosmetics News, and its summary is all we have seen. We do not have the court, the timing, or any statement on liability, so take the figure as the reported headline and nothing further. For brands sitting down with the fragrance houses, a settlement at that scale keeps supplier pricing practices on the table in the next contract round. Now, a few more headlines moving the trade today. Following our earlier report on Estée Lauder's Glimmer, Personal Care Insights argues both it and Puig are pressing ahead on fragrance separately, three months after their merger collapsed. WWD Beauty reports Partners Group is in exclusive talks for Aroma-Zone, with Eurazeo possibly selling its stake in the French natural beauty retailer, then reinvesting. Premium Beauty News reports LVMH lifted first-half revenue two percent on a comparable basis and Hermès more than six percent at constant currency, on US demand and a modest China recovery. And finally, Cosmetics Business reports Samantha Ravndahl's make-up brand Auric is closing, the company citing tariffs and production costs among the factors that made it increasingly unsuitable to continue operating.