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E.l.f. Beauty is lowering prices in response to unit sales decline, offloading Keys Soulcare brand

Glossy 21 May 2026 Yesterday
E.l.f. Beauty is lowering prices in response to unit sales decline, offloading Keys Soulcare brand
64
Relevance
15/25
Freshness
22/25
Authority
18/20
Brand Signal
6/15
Depth
3/15
Relevance Freshness Authority Brand Depth
In August, E.l.f. Beauty took a $1 price increase across all E.l.f. SKUs as a response to tariffs and inflation. Announced today, this caused unit sales to drop dramatically, and CEO Tarang Amin is now testing price cuts.
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