E.l.f. Beauty to walk back some tariff price increases amid high gas prices and consumer 'suffering'

CNBC Top News ·

E.l.f. Beauty to walk back some tariff price increases amid high gas prices and consumer 'suffering'

E.l.f. Beauty is planning to walk back some of the tariff-fueled price increases it implemented less than a year ago after the retailer has seen a slide in demand that's ramped up in recent months as …

E.l.f. Beauty is planning to walk back some of the tariff-fueled price increases it implemented less than a year ago after the retailer has seen a slide in demand that's ramped up in recent months as consumers contend with higher gas prices. "Whenever you take a price increase that's that big, you're going to see unit degradation, but I would say we've seen units drop off a bit more in the last few months as consumers have particularly been suffering with higher costs," CEO Tarang Amin told …

Original source: CNBC Top News

Mentioned

LSEG · CNBC · Mecca