Cosmetics

Shares of The Estée Lauder Companies Inc. (NYSE:EL) are flat on Friday but the recent uptrend remains intact. If the stock reaches the $83.00 level there is a good chance it finds some resistance. As you can see on the chart below, there was resistance around $83.00 in December. This is why it is...

L’Oréal seeks to leverage a tech giant’s generative artificial intelligence (GenAI) capabilities to enhance cosmetic formulations and promote sustainable materials. What Happened: L’Oréal formed a partnership with IBM (NYSE:IBM) to develop an innovative AI model designed to...

Key Takeaways: •      Yatsen reported its revenue fell 16.3% in the third quarter, but forecast a probable return to growth in fourth quarter •      In a show of confidence, the cosmetics and skincare company added $50 million to its $150...

  International Flavors & Fragrances, Inc. (NYSE: IFF) plans to sell its flavors, fragrances and cosmetic unit Lucas Meyer Cosmetics for about $1 billion.  The business could attract interest from rivals like U.K. specialty chemicals group Croda International Plc...

Retail-investor buzz has been building around Revlon Inc (NYSE: REV). The latest news is that Indian conglomerate Reliance Industries is mulling a purchase of the ailing cosmetics maker, which recently filed for bankruptcy under Chapter 11, facing heavy debt....

Back in March, China's National Institutes for Food and Drug Control revealed a proposed law that would forbid imports and cross-border e-commerce of hemp flowers, seed oil and extracts in cosmetics — the only CBD applications allowed for sale in the country.   Industry experts...

Revlon, Inc. (NYSE: REV) shares are trading higher on Wednesday, after a report emerged that Carl Icahn could keep the cosmetics giant out of bankruptcy. What Happened: The terms of the deal couldn’t immediately be learned, reports the New York Post, which cited unnamed sources in the story....

Vertically integrated cannabis company Flora Growth Corp. confirmed Monday that its Mind Naturals CBD skincare brand would be available in up to 111 Falabella stores across Latin America. Under the distribution deal with Flora's Flora Beauty division, founded by former Miss Universe...

Estee Lauder Companies Inc (NYSE: EL) reported fourth-quarter and full-year fiscal 2020 results Thursday that disappointed investors — prompted two analysts to turn bullish on the beauty stock.  The Estee Lauder Analysts: D.A. Davidson analyst Linda Bolton Weiser upgraded Estee...

Coty Inc. (NYSE: COTY) has acquired a 20% stake in Kim Kardashian West's cosmetics line, according to a Financial Times report early Monday. What Happened The New York-based cosmetics veteran paid $200 million for the stake, valuing the brand KKW at $1 billion, the Financial Times reported...

Revlon Inc. (NYSE: REV), L'Oréal SA (OTC: LRLCY), and Chanel have either eliminated or are in the process of eliminating talc from their cosmetic products, Reuters reported Monday. What Happened The move comes as the companies face lawsuits over the talc products possibly containing...

Cosmetic retailer Ulta Beauty Inc (NASDAQ: ULTA) reported a third-quarter earnings beat Thursday, but sales missed estimates by $75 million. Cosmetic Industry Weakness Buy-side expectations have come way down on Ulta, leading the company to deliver a surprise earnings beat amid worsening macro...

The cosmetics market is one of the fastest-growing industries in the world, with it being valued at $532 billion last year and projected to grow rapidly – buoyed by social media influencers and targeted marketing. But what is ironic is the fact that sustaining the world of glitz and sparkle...

Investors looking for categories that are immune to economic concerns worldwide should consider the beauty market, according to L Oreal Co/ADR (OTC: LRLCY) CEO Jean-Paul Agon. What Happened Millennials and young consumers worldwide, especially in China, have a "strong appetite" for beauty...

Estee Lauder Companies Inc (NYSE: EL) delivered a strong fourth quarter, beating Street estimates on earnings and sales, and boosting guidance. Several analysts remained bullish on the stock, noting the beauty company’s seeming ability to defy expectations for slowing growth. The Analysts...