Ulta Beauty (ULTA) will begin selling Bath & Body Works (BBWI) products at over 600 retail locations on July 12 as part of turnaround plans by both companies, Reuters reported Tuesday, citing company executives.
Ulta Beauty is seeking to boost revenue through new partnerships, while Bath & Body Works aims to reach more customers by improving access to its products, the report said.
Ulta Beauty and Bath & Body Works did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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