S&P 500 Has Best Day Since June

[ad_1] Technology and real-estate shares lifted the S&P 500 to its best daily performance since June despite surveys that flashed warnings of economic slowdown. [ad_2] Source link

Drexel Entrepreneur to Launch Sustainable Cosmetics Business

[ad_1] Photo courtesy of Paige DeAngelo. DeAngelo shows her product.  When Paige DeAngelo, communications ’23, first came to Drexel…

Viral Makeup Company’s Valuation Looks Oddly High

[ad_1] Oddity Tech, owner of the wildly popular online makeup brand Il Makiage, has priced in a flawless future. [ad_2] Source link

Estée Lauder’s Big Bet on China Is Looking Not So Pretty

[ad_1] Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China and U.S. businesses. [ad_2] Source link

L’Occitane owner reportedly in ‘advanced talks’ to take cosmetics group private

[ad_1] French cosmetics giant L’Occitane could be taken private by its controlling shareholder ahead of a potential European listing, according to a report. L’Occitane CEO and chair Reinold Geiger is…

Wall Street to Procter & Gamble, Colgate-Palmolive: Start Moving Units

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The Allure of Beauty Stocks Is Fading

[ad_1] Shares of Ulta Beauty, Sally Beauty and Estée Lauder have tumbled despite the broader market rally. [ad_2] Source link

Kering’s Beauty Strategy Comes Into Focus

[ad_1] Dear BoF Community, Hello from London. This is Imran Amed. Welcome to my new weekly briefing where I will share the must-read stories from The Business of Fashion each…

Gucci Owner Is Buying Perfume Maker Creed to Grow Its Luxury Empire

[ad_1] The purchase marks a major step for Kering’s ambitions to build a new beauty division, dubbed Kering Beauté. [ad_2] Source link

Canada bans animal testing and trade in cosmetics

[ad_1] In what is being hailed as a monumental victory, the Canadian government has passed a bill that will prohibit animal testing and trade within the cosmetics industry. Made through…