Hints and tips:
...Tom Ford has this week entered exclusive negotiations with Estée Lauder, which sells cosmetic brands such as MAC, Clinique and Aveda, and a deal could be announced as early as Monday, those people said....
...It also hired a high-profile executive from beauty powerhouse Estée Lauder to run the unit....
...Estée Lauder shares surged 19 per cent at Wall Street’s opening bell after the cosmetics company said it will cut up to 5 per cent of its workforce as part of a much-anticipated restructuring plan to boost...
...Beauty, Coty and Estée Lauder were lower by 9.7 per cent, 5.1 per cent, and 4 per cent, respectively....
...Shares of Estée Lauder plunged more than 15 per cent in pre-market trading after the US cosmetics maker slashed its profit forecast, blaming slow growth in Asia and disruption from the Israel-Hamas war....
...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...
...Estée Lauder is a case in point. The US cosmetics group has over the past year repeatedly expressed confidence that business in China will rise when the pandemic abates....
...Estée Lauder and L’Oréal did not respond to a request for comment....
...Bobbi Brown sold her eponymous cosmetics brand to Estée Lauder in 1995 but left in 2016 after a couple of sour years, saying later that “the fun things go away” when you are part of a billion-dollar brand...
...The Apfels had private clients, such as Greta Garbo and Estée Lauder, for whom they offered interior design services....
...Leonard Lauder, the billionaire heir to the Estée Lauder cosmetics empire, coined the so-called lipstick index, whereby sales of affordable luxuries rise in economic downturns....
...Shares in Estée Lauder plunged more than 20 per cent in early trading on Wednesday after the cosmetics group slashed its full year sales outlook because of a slower recovery in Asia....
...Cosmetics group Estée Lauder has slashed its sales outlook for the third straight quarter because of a slower than expected recovery in Asia, sending shares in the company down by a fifth....
...Lauder or Clarins?...
...“Clients don’t go to Sephora to buy [established brands like] Estée Lauder or Lancôme. They go to discover new brands,” he said....
...China’s economic rebound. . . https://twitter.com/jimcramer/status/1646785124153847809 From mainFT: Shares in Estée Lauder plunged more than 20 per cent in early trading on Wednesday after the cosmetics...
...US fashion designer Tom Ford is retiring from the eponymous brand he co-founded following a multibillion-dollar sale to cosmetics group Estée Lauder....
...A collaboration with cosmetics giant Estée Lauder will launch in January. One aspect unlikely to change is her use of natural diamonds....
...Estée Lauder is a case in point. Shares in the cosmetics group trade at about 60 times forward earnings....
...Shares in Estée Lauder fell 10 per cent in pre-market trading on Wednesday....
...Estée Lauder, Canada Goose and Apple have all been hit by falling Chinese sales. We think shares in the US cosmetics business are still too expensive at 39 times forward earnings....
...Cosmetics group Estée Lauder was the most high-profile example this week, suffering its sharpest one-day share price fall on record after it cut sales forecasts because of a “far more volatile . . . and...
...Earnings: Tractor maker Deere and cosmetics company Estée Lauder report results....
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