Rachel Strugatz

After being passed over for the C.E.O. job, and as she exits her family's storied beauty company, Jane Lauder took a sharpened eyeliner pencil to her cousin William in a leaked letter calling for his ouster from the board. Is this a petty family skirmish, an overdue governance change, or the first salvo in a new era at the historic beauty company?

Deciem—and particularly its top brand, The Ordinary—was never a cookie-cutter Lauder business. Now, Nicola Kilner, the C.E.O. credited with holding it all together, is departing, and the company is feeling the growing pains.

News, notes, and talmudic meditations on the new (and, in many ways, overdue) partnership between Gwyneth Paltrow and Cassandra Grey—and the “fixer” at the center of it all: Julia Hunter.

Despite rose-tinted expectations, it's shaping up to be a barren year for beauty business hookups, as sellers and buyers diverge over valuations and strategic investors pull back.

Rhode, the Hailey Bieber-founded beauty brand, has scaled up from a one-off celebrity lip gloss line into a nine-figure business with aspirations to be the Skims of beauty—and that includes charting a future that's less dependent on its famous founder.

Gwyneth Paltrow's 16-year-old lifestyle brand's awkward adolescence has been well-documented. Now, proven executive problem-solver Julia Hunter has arrived to turn things around with cuts, thought leaders, and maybe even showing up at Fashion Week.

While all of Hollywood trains its legal eagle eyes on the increasingly ugly Blake-Baldoni lawsuits, Target is counting the lost riches from Lively's haircare line. Plus, the reasons behind former Ulta C.E.O. David Kimbell's hasty departure.

Lauren Sherman Hi, and welcome back to Line Sheet. Like many of you, I’m in Los Angeles, where the devastating fires have ravaged entire neighborhoods. I hope everyone is able to stay safe. Today, we welcome back beauty queen Rachel Strugatz, here with a boatload of intel from her universe: What’s really […]

Why is Charlotte Tilbury—both the brand and its famous founder—so upset about the latest iteration of the dupe market? It's a pain in the neck, sure, but fans contend that it's democratizing the beauty counter. Either way, Charlotte's battle is a sign of some larger challenges to come.

Lauren Sherman Hi, and welcome back to Line Sheet. Today, beauty queen Rachel “[email protected]” Strugatz is back with news of a strategic counteroffensive from one of the industry’s leading brands—Puig-owned Charlotte Tilbury—led by the founder, herself. Rachel has the frontline reporting you won’t read anywhere else. Up top, you’ll also find intel from me on […]