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TOM FORD has appointed Dexter King to Senior Vice President, Global General Manager, TOM FORD BEAUTY. King will step into this role effective April…
TOM FORD has appointed Dexter King to Senior Vice President, Global General Manager, TOM FORD BEAUTY. King will step into this role effective April…
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Get ready for a new Target Circle!! #teamtarget There has been no other body of work that I have been on in my career that has required such…
Get ready for a new Target Circle!! #teamtarget There has been no other body of work that I have been on in my career that has required such…
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The Estée Lauder Companies Inc.
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Melinda Fried
🤔When the challenge is to do something bold with a kind heart that gets people to want to be part of our purpose-driven mission to change the board game. 💥 Challenge accepted ✔ with our latest attention-grabber lighting up the Financial District in NYC, including Fulton Street Station and The Oculus: So Many Dicks. And these are just the first disruptive amplifications of many more to come in e.l.f.’s long-term commitment to this movement. So Many Dicks was developed after digging into the data and learning that men named Richard, Rick, or Dick (Dicks) outnumber underrepresented groups on public company boards. We combed through each board of directors of U.S. based publicly traded companies on the NYSE and NASDAQ, yes 36,957 existing board members across 4,429 publicly traded U.S. companies. 😱 The data was fascinating! 🤯 🔍 There were 566 men named Richard, Rick or Dick (Dicks) serving on these public company boards. 🔍 Black women and Asian women barely outnumber men named Dick, with only 806 Black Women, 774 Asian Women. 🔍 There were only 283 Hispanic Women on these same boards, only half the number of “Dicks”. At E.L.F. BEAUTY, inclusivity is a superpower. With our board leading the charge with 2/3 women and 1/3 diverse members, we're hoping to get more companies, including those with Dicks on their board to join. Huge thank you to our incredible leadership team for supporting this movement and thank you to OBERLAND. You are creative geniuses 🚀 . Learn more about how diversity can drive profitability for everyone: https://lnkd.in/efkh3kU3
14120 Comments -
Vivian Wong
Thrilled to have attended the panelist conference at Uplink Expo NYC on June 20th! Here are some crucial insights from beauty brand founders that are reshaping my approach in the industry: Exit Strategies: Learned that most beauty brand acquisitions happen without active pursuit from founders – truly organic growth can lead to organic acquisition opportunities. 🌱 Product Development Insights: Retailers' push for frequent product launches is intense, but it's vital to focus on quality over quantity – too many launches can overwhelm your brand and oversaturate the market. 🚫📈 Marketing Mastery: As a veteran in advertising, I understand the gravity of budgeting for CPG brands. The conference reiterated the importance of clever cash flow management for emerging brands to sustain and grow market presence. 💸📊 Capital and Retail Synergy: The financial bar to enter large retailers is high. Raising capital early is key, and a significant purchase order can be a powerful tool to fuel your funding round. 💡🔑 This conference has not only provided me with critical knowledge but also reaffirmed the importance of strategic thinking in the journey of a beauty brand. Let's connect and discuss the future of beauty! #UplinkExpo #BeautyIndustry #ProductDevelopment #MarketingStrategy #Retail #CapitalRaising
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Alexandra E. Vailas
If you work for a brand expanding into retail or have retail expansion on your roadmap, give this podcast episode a listen! Greg Shuey asked fantastic questions about DYPER's journey, and I think our discussion can better prepare D2C brands for future growth. #retail #D2C #brandgrowth #CPG
91 Comment -
Patricio Manueco
“Not sure if what we do has meaning in life but what makes it meaningful is the people that are along the journey with us.” Reflecting on the starting impact my mentor Nishant Lakshman has had on my career journey at Columbia Sportswear Company. Grateful for those who have generously shared their wisdom, guidance, and insights. Mentors not only provide valuable advice but also serve as a source of inspiration, support and motivation. * Go find one! *🥊🚀🔮💫#neverstoplearning #lifelongstudent #Mentorship #CareerGrowth #futuregrowth
986 Comments -
Jonny Locarni
"61% percent of Gen Z individuals voiced intentions to drink less in 2024, which is up from 40% in 2023. Millennials are also joining this movement, with almost half (49%) planning to take a step back from alcohol consumption, representing a 26% spike from the year before." Great to see the below piece via RetailWire (Lavina Suthenthiran) on the overall importance of retailers expanding their wider nonalcoholic drink offerings to keep up with the ever-evolving consumer. Modern consumers are actively looking for brands that align with their mindsets – which for many are focused on all things “better for you.” To keep up with the times, retailers must meet these customers where they are through offering products that cater to these more conscious drinkers. Is this consumer shift surprising to you? Should all retailers make this shift? Full article below:
765 Comments -
Graydon Moffat
Some reflections over this past while on growing a brand in the super saturated ‘clean’ beauty space… While the pandemic shopping boom drove revenue for many #CPG brands and their respective online retail partners the landscape over the past year or so for many of the #indie brand founders I know has been a lil’ volatile for the many reasons we all know about. The cost of living and buying patterns (even for people with deep-ish pockets) have been all over the place. As a brand, our costs in every department have increased across the board. Like many, we amended our prices a while back to reflect this. Our #community has been very gracious, showing genuine understanding wrt the thoughtful increases we have taken to continue to be a healthy business. Gladly, both our #B2B and #DTC partners know we offer genuine value for money and are in no way gouging (esp for our quality/efficacy and #missiondriven values. That being said, there are always some consumers who think beauty products are too expensive despite the consumer price index for cosmetics rising slower than the overall US consumer price index (as noted by Rachel Brown of Beauty Independent a little while back). Tbh, most people have no idea how much it takes to develop, manufacture and market a product line and they’re certainly not aware that beauty retailers take 40% to 60% (which btw they totally need to do to thrive, not just survive). So for a $50 SRP that means a brand gets about $25 and with this sum must cover all COGS, production, packaging, logistics, PD, rent, marketing, people, legal, insurance, clinicals and more. Plus if you work with a distributor/ broker that’s another +/- 25% off whls. Add with the expectation of free shipping/samples, no-questions asked returns plus the added cost of being a #socialimpact brand (like us at Graydon Skincare) it’s no wonder so many excellent brands have bit the dust. So what’s a brand founder to do? I’ve been speaking to a quite a few founders in the same “clean” space as us, up here in Canada. I’d say that many of us are aligned in our strategy of playing the #longgame and not training one’s customer base to wait and stock up during a sale. At Graydon, we are indeed cautious of discounting. To steadily build revenue and mantain healthy margins we focus on product education that offers our 35+ clientele with paired down, effective routines often in bundles and/or through subscriptions. We find that taking a transparent #lessismore strategy and offering #multifunctional products offer today’s (mature) beauty enthusiasts a pleasant contrarian option against ongoing societal pressure to over consume. I’m super glad to say that despite the above mentioned ongoing uncertainty, I’d say that the future (for us) is looking a fair bit more friendly. Would love to hear what your experiences have been like, no matter what end of the stick you’re on! #graydon #entrepreneurslife #cleanbeauty #growingpains 📷Pedro Marques
7015 Comments -
Michelle Carey Onofrio
Walmart’s Roblox e-commerce experience launches later today, with users inside the pre-existing Walmart Discovered able to have real-life items shipped directly to their doorsteps. Users entering the experience will be greeted with a new storefront showcasing virtual twins of select physical items sold at real-life Walmart stores. Today’s pilot test is the first of multiple e-commerce tests that Roblox is planning with different products, brands and shopping methodologies. The opportunity of Roblox e-commerce extends beyond dedicated retailers such as Walmart. The ability to sell physical goods through Roblox represents a concrete revenue stream that is attractive to just about any brand with its own Roblox world — the equivalent of a merchandise booth at a music festival or sports game. #ecommerce #robloxecommerce #walmart #roblox
81 Comment -
Ari Cheszes
I’m thrilled to announce that I'll be a panelist at the NY Ecommerce Summit next week! 🎉 I’ll be discussing Data-Driven Ecommerce alongside accomplished professionals. We’ll explore how data is transforming the ecommerce landscape, from personalized customer experiences to optimized operations. Looking forward to connecting with industry leaders and contributing to this important discussion! #NYEcommerceSummit #Ecommerce #BigData
472 Comments -
Sid Ratna
I love working in the finance industry. But some of my greatest inspiration comes from “outside”. Sharing 2 recent case studies I found inspiring. By re-imagining their market, brand, CX, distribution and digital strategy…these companies have re-shaped their narrative! Got to love a great turnaround story! https://lnkd.in/e-BqmNKk https://lnkd.in/eFS3AW7g *does not constitute as investment advice, any opinions are my own.
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Ken Drish
I'm now three months into my journey at Instawork, and I continue to be impressed by our platform's ability to address today's significant retail labor challenges. In the past two months, I've successfully onboarded four new partners, offering vetted, qualified, and local merchandisers for in-store resets, remodels, product pack-out, and store operational roles. Two recent achievements have particularly highlighted the impact of our work with major 3PLs: - Major 3PL #1: Initially requested 67 shifts for a major club retailer, achieving a remarkable 93% fill rate with 62 shifts filled within 4 hours on average. - Major 3PL #2: With an initial request of 20 shifts for a major c-store retailer, we achieved a 95% fill rate, covering 19 shifts within an average of just 3 hours. If you are facing similar challenges in the retail sector, I'd love to connect. Reach out at kdrish@instawork.com. #Instawork #RetailSolutions #LaborChallenges #Merchandising #RetailOperations
301 Comment -
Sakshi Kanojia
Forget chasing follower counts! This week's blog dives into the secret weapon of a powerhouse beauty brand: thriving brand communities! Imagine capturing Coachella memories in Rhode's photo booth, or feeling empowered by Rare Beauty's inclusive influencer squad. These real-life, interactive experiences are what builds loyalty and engagement that translates into brand love. Head over to the blog post to discover more winning strategies for building beauty brand community: https://lnkd.in/ggVMweKF In the comments, share your thoughts on building a strong brand community and mention your favorite examples from your favorite brands! #beautycommunity #engagementmarketing #ugc #influencermarketing #loyaltyprograms #beautybranding #buildingbrands
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Kirsten Ludwig
OK, hopefully we have all seen, loved and appreciated the genius of the E.L.F. BEAUTY "So Many Dicks" campaign! 👏 What I would love to dig into is why did it work so that other brands can follow suit with brave campaigns that connect to their customers and the world so boldly. Here's my take: 1. BRAVE They took a chance to call out the lack of diversity in BIG business. This could have backfired. They braved it anyway. 2. GOOD CREATIVE It was repetitious imagery, witty copy and simple design. It was meant to be seen, fun to read and easy to share. 3. ON BRAND This wouldn't work for every brand, but diversity, transparency and pushing the line are at the core of the E.L.F. brand. It showed and felt in keeping with the companies values, not simply a play to get followers. What's your take on why this worked?
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Karim Bouhajeb
As luxury brands take a break from their digital roadmaps, Web3-native labels are pushing ahead to keep up the momentum. This week, for example, Syky dropped the second release from its monthly Syky drops series; this time tapping 3D artist and hot collaborator Marc Tudisco. Virtual fashion platform Rtfkt is also creeping back into the spotlight with its most recent personalization tool for sneakers. In a video released earlier this week, the Nike-acquired brand teased a new add-on feature that allows wearers to customize the front of their shoes. But not everyone is convinced by its utility. In other news this week, E.L.F. Cosmetics has begun selling its real world products in Roblox, allowing players to purchase their favorite items from an in-game virtual kiosk as opposed to its online e-commerce site. The development marks a watershed moment for the beauty industry in the digital world, but will luxury brands follow its lead?
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John Enwright
I'm writing to share a significant milestone in my journey—one that's both bittersweet and filled with hope for the future. After careful consideration and reflection, I've made the decision to step away from my current role as CFO of Edible Brands. While this wasn't an easy choice, it's one that I believe is necessary for my growth and fulfillment. Sometimes, despite our best efforts, we find ourselves in situations that don't quite align with our aspirations. And in those moments, it takes courage to acknowledge the need for change. I wish nothing but the best for the team at Edible and want to thank Tariq and Somia for the opportunity to lead the finance team. Life has a funny way of throwing curveballs when we least expect it. Yet, I've come to realize that these unexpected twists often lead to new opportunities and paths we may have never considered otherwise. It's in these moments of uncertainty that we discover our resilience and capacity for growth. I'm grateful for the experiences and lessons learned during my time at Edible. I met some terrific people and had challenges that I hadn’t had in previous roles. Each challenge has shaped me in ways I never could have imagined. And as I embark on this new chapter, I carry with me a sense of gratitude for the people who have supported and inspired me along the way. While the road ahead may be unknown, I approach it with optimism and an open heart and mind. I'm excited to explore new possibilities and embrace whatever adventures lie ahead. If anyone knows of any exciting opportunities or wants to grab a virtual coffee and swap stories about life's curveballs, my inbox is always open! Here's to embracing change, chasing dreams, and never losing sight of the journey ahead. #EmbracingChange #NewBeginnings #Gratitude
13363 Comments -
Thomas J Thompson
Interesting article from Bloomberg News this morning about Walmart launching a new store brand in a bid for Gen Z dollars: https://lnkd.in/gsYddTqh As Millennials (born 1981-1996) and Gen Z (born 1997-2012) increasingly embrace brand agnosticism, the retail landscape is experiencing a transformative shift, particularly with the rise of private-label products. Millennials, now the largest living adult generation in the United States, along with the economically burgeoning Gen Z - who make up about 20% of the U.S. population and are projected to represent approximately 40% of all consumers - are pivotal in shaping current economic trends. Why the shift toward private-label products? Cost-Consciousness: Financial pressures such as student loans and the high cost of living push younger consumers towards more affordable options. Consequently, private-label products, which are typically less expensive than their branded counterparts, are gaining traction. Quality Perception Shift: The perception of the quality of private-label products has significantly improved, leading many younger consumers to view them as on par with, if not superior to, branded alternatives. Value for Money: Young consumers are in pursuit of exceptional value, frequently exploring and switching brands to find the best mix of quality, quantity, and price. Retail giants like Walmart and Kroger are leveraging these trends, with initiatives such as Walmart's 'bettergoods' and Kroger's expansion of their private-label offerings. These strategies cater to evolving consumer preferences and pose challenges for established brands to swiftly adapt. As private labels gain market share, established brands are encountering increased competition, which may erode their market share and pressure profit margins. However, this landscape also presents opportunities for brands to stand out through innovation, enhanced customer experiences, and strong ethical commitments. For advertising agencies like Havas Edge, the prominence of Millennials and Gen Z as key consumer demographics presents both significant challenges and substantial opportunities. By emphasizing digital innovation, authenticity, value alignment, and agility in strategies, Havas Edge can assist brands in not only staying relevant but thriving in this new consumer era. #ConsumerBehavior #BrandStrategy #HavasEdge #DigitalMarketing
52 Comments -
Katheleen Eva
Congratulations to StandUp Ventures portfolio company Max Retail on their $15M USD Series A led by Nosara Capital after an exceptional year of growth! Oh how I love optimization problems, and especially ones that support entrepreneurs 😭 Independent retail shops sit on an average of 22% excess inventory at any given time, representing ~$50K-$200K of financial losses each year. For small businesses that are often the pillars of their communities (& frequently women-owned!), these losses are HUGELY impactful. Before Max Retail, options to recuperate them were extremely limited (discounting items far below cost, sending to consignment, or donating for a tax write-off). Alone, a single store in a small town with one or two sizes of a SKU isn't meaningful enough to engage with for zero inventory marketplaces or online retailers, but in aggregate, Max Retail's network of 2,000+ retailers and real-time data acts seamlessly as a single source of new and often hard-to-find supply. Bringing these items online exponentially increases the pool of potential buyers, resulting in immediate cash relief and payouts 4-8x higher than the status quo of liquidation. And the proof is in the pudding. 89% of active sellers are selling inventory every single month, with some sellers making upwards of $250k per year. GMV has exploded 4x YoY, with an incredible 40% of new retailer leads coming from existing customers. The macro omnichannel opportunity for real-time, SKU-level, inventory, pricing, and sales data across the normally siloed brick-and-mortar independent retail market is limitless. Alongside AI-powered pricing and item allocation engines, Max Retail is able to pay sellers the maximum value possible for excess inventory, and help retailers understand live inventory performance and market value of every item they list. This ultimately underpins a foundation for a more efficient and productive market, getting the right products to the right buyers at the right time, place and price. We're so excited to continue supporting the INCREDIBLE Melodie van der Baan alongside the wonderful M13, The Artemis Fund , and Rethink Impact, LP. Onwards and upwards! 🚀 #fundingnews #seriesa #retaildata
473 Comments -
Sarah Marzano
One trend that stood out to me while writing my recently published report on #nonendemic advertising in #retailmedia? The timeline between launching a retail media network and announcing an expansion into non-endemic is narrowing. Although the practice is not yet ubiquitous, the days of non-endemic advertising being an up-and-coming format on offer from only the most mature RMN's are fading. Retailers looking to extend the monetization potential of their first party data, the ever-impending threat of third party cookie deprecation and the rise of #commercemedia are among the tailwinds behind this growing trend. Link to the report in comments for EMARKETER subscribers.
798 Comments -
Carole Becker
The first quarter of 2024 showed signs of potential improvement in the Brooklyn real estate market. Brick Underground recapped Q1 real estate sales data, here are the key takeaways for sellers and buyers. Sellers: Sales declined only 1.2% YoY compared to the 39% decline seen in Q1 2023 suggesting the market decline has slowed. Signed contracts increased 3% YoY and 5% over Q4 2023 show continued buyer interest despite low inventory. Deals in the $1M - $2M range had the only increase in sales with a 15% climb over LY. Buyers: The median sale price was $950,000 which remained the same as in Q1 2023 suggesting low inventory is not driving up sales prices overall. Unfortunately, listings fell 8.8% which is the 8th quarter to see a decline. Sellers are “locked in” with low interest rates and disinclined to sell. South Brooklyn had the most new listings with 54.3% of the market share. #brooklynrealesatate #brooklynrealestateagent #buyers #sellers
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Dwaipayan Bhowmik
Excited to share that Impact Analytics data has been featured in The Wall Street Journal! We are helping our retail clients capitalize on increased sales from the GLP-1 trend. Our data-driven solutions empower brands to optimize size assortments, maximize sales potential, and stay ahead in a dynamic market environment. See what our CEO, Prashant Agrawal, shared with The Wall Street Journal. Read the article now: https://lnkd.in/gThQWRVz #retailtrends #ai #allocation #inventorymanagement #glp #ozempic #glpdrugs #weightlossdrugs #supplychain #ImpactAnalytics
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