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...Tom Ford’s beauty line has done particularly well in China, a growth market for both groups....
...Last week, German beauty retailer Douglas, a business backed by private equity group CVC Capital Partners, announced plans to list in Frankfurt seeking a valuation of about €6bn....
...Listings expected soon in Europe include Permira-backed Golden Goose, the Italian luxury sports shoe brand, and Puig, the Spanish beauty and fashion group behind brands including Charlotte Tilbury....
...But Amyris had also branched out into being an incubator for beauty start-ups including Rose Inc, Costa Brazil and JVN hair care, and it proved too huge a leap from developing molecules to developing brands...
...Their proliferation in beauty spots such as Edinburgh, Devon and Paris has fuelled suspicions that too many properties in tourist areas are rented out through holiday letting websites such as Airbnb, angering...
...The hard-pressed US group was forced to take Boots off the block last year, with pensions complexity cited alongside choppy markets. One of these problems, at least, has been fixed....
...Estée Lauder shares notched their biggest one-day drop on record after the US cosmetics group slashed its profit outlook due to a slow recovery in Asia and also warned of an almost $80mn hit to earnings...
...The US cosmetics group has over the past year repeatedly expressed confidence that business in China will rise when the pandemic abates....
...So when Brazilian conglomerate Natura put British ethical beauty chain The Body Shop up for sale last year, it needed an investor of supreme skill and courage to succeed where others had failed....
...Founded in Paris in 1904, Coty now owns more than 70 brands including the beauty licenses for fashion houses owned by French groups LVMH and Kering....
...In addition, the rules cap discounts that retailers can give on health, beauty and hygiene products to 34 per cent....
...Puig, the deal-hungry group that has spent billions collecting high-end beauty labels including the concealer maker, Byredo and Paco Rabanne, is evaluating whether its portfolio of “affordable luxury” can...
...The US short-term rental group is a top-level sponsor of the games....
...Media groups more focused on traditional forms of advertising are already feeling the effects....
...The group’s appeal lies in the profitability of its high-margin beauty products, not tech R&D. Companies such as Allbirds aped the tech start-up model of spending heavily to acquire customers....
...Amazon’s US customers had purchased more than 1,000 items a second on Black Friday, led by beauty, home and kitchen products and toys, the company said....
...Start-ups from around the world are leveraging AI for everything from workplace collaboration and healthcare to logistics and beauty products....
...Paris is home to the sector leader and world’s biggest beauty company L’Oréal, in addition to luxury groups such as LVMH and Kering for whom Coty is a major supplier of perfumes....
...Coty, the US beauty and fragrance group, is hoping some of this bullishness will rub off on its own stock....
...Companies including Norwegian Cruise Line Holdings, aerospace and defence group TransDigm, beauty products company Coty and billboard advertising business Clear Channel Outdoor have done some of the largest...
...Shares in the group fell 1.7 per cent on Wednesday....
...chief hits back at ‘clickbait’ criticism of the City (FT) US beauty firm Coty to move forward with Paris share sale (Bloomberg) UK banks: valuations disappoint despite rising profits (Lex)...
...Alongside cutting its annual sales forecast, the beauty group said earnings per share will be between $2.62 and $2.76, down from a previous range of $4.25 and $4.44....
...However, prestige beauty growth was slower than expected for the fiscal 2023 third quarter. But Wednesday’s share move suggests he wasn’t entirely correct, either....
...The advert, made under the umbrella of Burrell-McBain Inc (“An Advertising Agency for the Black Commercial Market”) formed in 1971, was a partnership between Tom Burrell, who was a copywriter by trade, and...
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