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...A deal between the two brands would highlight the strength of a luxury fashion and cosmetics market that has continued to be resilient in the face of rising inflation and supply chain disruptions....
...The $50bn fund manager is a longtime lender to Revlon, the cosmetics company, and to Serta Simmons Bedding, the mattress group....
...The group has produced a biopic, to be released next month through Sony Pictures, and attached Houston’s name to perfume and cosmetics lines....
...So the long-awaited strengthening of contractual protections for lenders may be somewhat . . . cosmetic. Take for example the “J Crew blocker” that has been increasingly popular in loan covenants....
...The western TikTok, meanwhile, has introduced a one-hour daily time limit default for teens but this is cosmetic: it can simply be turned off....
...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....
...The maker of cosmetics lines including CoverGirl and Maxx Factor will offer the shares to investors globally, the company announced on Monday....
...The messy bankruptcy of cosmetics group Revlon produced roughly $250mn in professional fees for a 10-month assignment. That shocked even jaded industry observers....
...Cosmetics maker Coty is exploring a dual listing in Paris in what would be a return to the city where the perfumer was founded to tap pools of European investors plugged into the fashion and beauty industries...
...Another stellar line for the natural but modern look is model Rosie Huntington-Whiteley’s Rose Inc. Its Skin Enhance Luminous Tinted Serum (£39, roseinc.com) aces the barely-there base....
...The US cosmetic group’s lenders will take control of Revlon’s new equity....
...A version of this article was first published by Nikkei Asia on August 4. ©2023 Nikkei Inc. All rights reserved....
...The company behind Cover Girl cosmetics said on Friday that it was exploring a dual listing in Paris. On the surface, this makes sense....
...A version of this article was first published by Nikkei Asia on September 18. ©2023 Nikkei Inc. All rights reserved....
...benefit from 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...
...The settlement proposal by J&J marks the second time it has tried to use the bankruptcy courts to manage claims linked to cosmetic talc, a product it has sold for more than a century....
...Cheap bills were the other benefit of decades of underinvestment in UK water infrastructure…That era of cosmetic, short term good times is over....
...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....
...Citi just needs to make a payment of around $9 million to a group of creditors to the cosmetics company Revlon. But instead of transferring $9 million, they accidentally transfer $900 million....
...“They are good at cosmetics and skincare, but when it comes to electronics or household goods and other higher margin items, they have struggled despite strong efforts,” said an executive at one competing...
...Revlon has struck an agreement with creditors to give lenders and bondholders ownership of the bankrupt cosmetics maker and wipe out the interests of Ron Perelman, the tycoon who has controlled it for decades...
...And just as we resent Lily-Rose Depp for the advantages she might have enjoyed as the daughter of Johnny (her father) and Vanessa Paradis, we still venerate her astonishing likeness to her parents: like...
...The law firm has been representing the cosmetics company in Chapter 11 proceedings....
...A version of this article was first published by Nikkei Asia on January 24, 2023. ©2023 Nikkei Inc. All rights reserved....
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