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10 May

Estée Lauder Cos. Backs Group CEO, Leadership Team in

by Beautifaire101
Beauty, Featured
Estée Lauder Cos. Backs Group CEO, Leadership Team in
NEW YORK — The Estée Lauder Cos. board of directors and Lauder family has strongly backed group president and chief executive officer Fabrizio Freda and the corporate’s leadership team in an internal memo sent to employees Tuesday, which was obtained by WWD. In a move to quell any concern produced by a recent report that the Estée Lauder Cos. could soon face pressure from a billionaire activist investor, William Lauder, the Estée Lauder Cos. executive chairman, wrote the memo on behalf of the board and his family. As previously reported, on Sunday The Recent York Post published an article saying that Nelson Peltz is considering making Lauder his next activist play after the Walt Disney Co., including potentially pushing a sale of...
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10 May

Why Coty CEO Thinks Now Is Right Time for

by Beautifaire101
Beauty, Featured
Why Coty CEO Thinks Now Is Right Time for
“European investors need to buy Coty stock. It’s so simple as this,” said Coty Inc. chief executive officer Sue Y. Nabi of why the corporate is mulling a dual listing, because it released its latest set of earnings that beat Wall Street expectations. The sweetness company, which is listed on the Recent York Stock Exchange, issued an announcement Friday saying it was eyeing a dual Paris listing. It also revealed that it has prolonged its long-term partnership with Nabi, Coty CEO since Sept. 1, 2020. “That is the proper moment to accomplish that. Eleven quarters in line or ahead of expectation is moment to begin this,” continued Nabi, although she didn't disclose any details on the timeframe. “I'd say that on...
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10 May

14 Best Vitamin C Eye Creams in 2023 for

by Beauty Tips
Beauty
14 Best Vitamin C Eye Creams in 2023 for
Dark circles and hyperpigmentation get one of the best of our undereyes, especially after we're lacking much-needed sleep. The fragile skin surrounding this area is more liable to discoloration and sagging than other parts of your face and body, which is why giving it extra TLC through formulations with tone-evening properties is crucial to your skin-care routine. If dark circles and dryness are in your list of skin-care concerns, the best vitamin C eye creams are only the trick to enhance skin tone and texture.Sure, there are quite just a few eye creams for dark circles available on the market, but our top picks often contain this specific antioxidant for its impressive radiance-boosting abilities and free-radical-damage-reducing properties. But not all...
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10 May

Olaplex Has Tough Quarter, but CEO Says It’s the

by Beautifaire101
Beauty, Featured
Olaplex Has Tough Quarter, but CEO Says It’s the
Olaplex Holdings saw sales fall across the board in its first quarter, but beat Wall Street forecasts. Nevertheless, its stock closed down greater than 7 percent at $3.70. The hair care brand specializing in bond constructing’s net sales got here in at $113.8 million in the primary quarter ended March 31, down 38.9 percent year-over-year. Analysts polled had forecast $110 million. Inside that, the skilled channel drew in $48.4 million, down 37.2 percent; specialty retail was $34.9 million, down 45.8 percent, and direct-to-consumer was $30.5 million, down 31.9 percent. Net sales decreased 60.3 percent within the U.S., while international sales were flat. Adjusted diluted EPS was 5 cents, as in comparison with 13 cents for the primary quarter of 2022. This got here in...
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