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From Nutrition To $1.8M Beauty Empire: Serene Lim's Beauty Market Disruption
Tuesday, August 29, 2023 - 2:08pm | 665In the world of startups, sometimes the most unexpected pivots lead to the most remarkable successes. Such is the story of Serene Lim, who transitioned from a budding career in health science to becoming a beauty industry mogul. As her academic journey in nutrition science was nearing its end...
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Retail Earnings Provided Clear Customer Behavior Insights That Benefited Discount Retailers And Left High-End Retailers In The Dark
Friday, August 18, 2023 - 2:16pm | 737Like TJX Corporation (NYSE: TJX), Ross Stores Inc (NASDAQ: ROSS) thrived as consumers drifted away from high-end retailers. Ross Stores topped quarterly estimates and improved its outlook, with its shares rising about 6% on Thursday upon Thursday's report during extended trading. Premium...
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AI-Driven Beauty Company Oddity Tech Soars 40% In Market Debut
Wednesday, July 19, 2023 - 4:57pm | 664AI-driven beauty and wellness company, Oddity Tech (NASDAQ:ODD), made a stunning debut on the public market, with its shares soaring 40% above the initial public offering (IPO) price. CNBC reported the company reached an approximate market valuation of $2.8 billion as of midday trading on...
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Here Are Martha Stewart's Hacks For Staying Young, Even At The Age Of 81
Tuesday, May 16, 2023 - 6:54pm | 476Media mogul Martha Stewart, known for her successful career as a businesswoman, author and television personality, is still young at her age and heart, even at 81. Stewart maintained an active and vibrant lifestyle throughout her life. She recently made history by becoming the...
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A Makeup Retailer Just Hit New All-Time Highs, Is Outperforming Apple, Tesla, Microsoft
Thursday, April 20, 2023 - 12:27pm | 466Tech stocks have struggled the past year as interest rate hikes and recession fears hit the market hard. But one rarely-talked-about industry has held up quite well: makeup and cosmetics. Ulta Beauty Inc (NASDAQ: ULTA), one of the leading storefronts for different makeup brands, hit a new all...
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EXCLUSIVE: Holiday Retail Trends — Linda Bolton Weiser Weighs In On The Toy And Beauty Industries
Wednesday, January 25, 2023 - 6:20pm | 754According to Linda Bolton Weiser, managing director at D.A. Davidson & Co., the recent holiday season saw some interesting trends in the toy and beauty industries. Toy Story: Weiser said Wednesday on Benzinga's "Stock Market Movers" that opposite to the 2021 holiday season when...
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Beauty Is Pain To The Pocketbook: Ulta Posts Q3 Earnings Beat, Raises Prices And Outlook
Friday, December 2, 2022 - 1:11pm | 539Ulta Beauty Inc (NASDAQ: ULTA) raised its outlook and beat analyst expectations for quarterly earnings and sales as consumers continue to restock their makeup bags despite paying more for products. The cosmetics company paid $5.34 per share, on revenues of $2.34 billion, ahead of the expected $4.15...
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How Much Will Diageo Benefit From The Lippy Effect If It Even Exists At All That Is?
Thursday, January 27, 2022 - 1:05pm | 834There's a theory out there, strange as it may seem, that lipstick sales rise in recessions. There is some evidence to show that this might be true - L'Oreal (OTC: LRLCF) showed rising sales, by 5%, in the 2008 recession. This has been dressed up itself into "The Lipstick Effect"....
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8 S&P 500 Stocks Up More Than 100% In 2021
Wednesday, December 15, 2021 - 5:38pm | 687The year 2021 has featured retail trading-induced short squeezes, soaring special purpose acquisition companies (SPACs) and extreme volatility in cryptocurrency markets. Amid the many bouts of short-term mania, there are a handful of stocks in the S&P 500 Index that...
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Former L'Oreal Executives Announce SPAC Deal To Build Out High-Growth Beauty Platform: What Investors Should Know
Monday, November 15, 2021 - 3:51pm | 765Several executives with experience building beauty and wellness brands launched a SPAC to target acquiring disruptive companies in the industry. A SPAC deal was announced Monday to bring two companies public. The SPAC Deal: A three-way merger will bring Obagi and Milk Makeup public in a merger with...
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This Beauty Product Store Has A Better One-Year Return Than Facebook, Apple, Disney And PayPal
Thursday, October 21, 2021 - 11:56am | 268With more and more people going out as COVID-19 cases drop and vaccination rates rise, customers are emptying their pockets at beauty supply stores for makeup, hair care products and more. That is great news for investors of Sally Beauty Holdings, Inc. (NYSE: SBH), an international supplier...
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The Beauty Health Co.'s First-Mover Advantages Have Turned Goldman Sachs Analysts Bullish
Thursday, July 1, 2021 - 1:37pm | 306First-mover advantages and projections of a rapidly growing medspa facial treatment market have made Goldman Sachs bullish on The Beauty Health Co. (NASDAQ: SKIN). The Beauty Health Analyst: Goldman Sachs analyst Amit Hazan initiated the bank’s coverage of Beauty Health at a...
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Facebook Launches 'Live Shopping Fridays': What You Should Know
Tuesday, May 18, 2021 - 12:51pm | 487Facebook, Inc. (NASDAQ: FB) announced Tuesday a new feature in its flagship Facebook App to capitalize on the online shopping frenzy set in motion by the COVID-19 pandemic. What Happened: Facebook introduced "Live Shopping Fridays," which will start on July 16 featuring live...
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Put On Your Happy Face: These 3 Beauty-Focused Stocks Look Bullish
Saturday, May 15, 2021 - 8:58am | 984When the Centers for Disease Control and Prevention (CDC) announced Thursday that fully vaccinated people can stop wearing masks at most places indoors and outdoors, those into makeup and other beauty products were among those who took notice. The need for masks can now be replaced with a need for...
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Wells Fargo Bullish On Estée Lauder After Analyzing Data From China
Wednesday, March 24, 2021 - 10:42am | 372Beauty company Estée Lauder Companies Inc (NYSE: EL) offers investors a compelling and underappreciated growth story, according to Wells Fargo. The Estée Lauder Analyst: Chris Carey upgraded Estée Lauder's stock rating from Equal Weight to Overweight with a price target...