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6 Nov

Cos Bar Takes Over Shen Beauty’s Former Brooklyn Store

by Beautifaire101
Beauty, Featured
Cos Bar Takes Over Shen Beauty’s Former Brooklyn Store
Shen Beauty’s Brooklyn location has been snapped up by one other beauty retailer: Cos Bar. Passersby will spot signs posted within the window that Cos Bar will likely be opening a location at 138 Court Street, in Cobble Hill, Brooklyn, this holiday season, stocking brands including Sisley, Dr. Barbara Sturm and Augustinus Bader. That is Cos Bar’s first Brooklyn store, and its second in Latest York City after Brookfield Place in downtown Manhattan, which opened back in 2014. The Denver-based luxury beauty retailer, which was founded greater than 4 a long time ago, didn't immediately reply to requests for comment or to offer a gap date.  Shen Beauty abruptly shuttered its brick-and-mortar door in August. The influential Brooklyn-based independent beauty retailer, founded by Jessica...
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27 Sep

The Estée Lauder Cos. Is to Open a Fragrance

by Beautifaire101
Beauty, Featured
The Estée Lauder Cos. Is to Open a Fragrance
PARIS — To speed up its burgeoning luxury and prestige perfume business, the Estée Lauder Cos. Inc. plans to open a fragrance atelier in Paris next yr. “Fragrance has been a winning category for the corporate — for the reason that early days, after we established fragrance with the Estée Lauder brand [in 1953],” Stéphane de la Faverie, executive group president at Lauder, told WWD, adding that over the past few years the category has been increasingly successful for the group. Reported net sales of the corporate’s perfume business, which incorporates the brands Tom Ford, Estée Lauder, Éditions de Parfums Frédéric Malle, Le Labo, Kilian Paris, Clinique, Jo Malone London, Aerin Beauty and Aramis, have grown almost 40 percent since fiscal yr...
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20 Aug

The Estée Lauder Cos. Releases Weaker Than Expected Guidance

by Beautifaire101
Beauty, Featured
The Estée Lauder Cos. Releases Weaker Than Expected Guidance
Updated Aug. 18 at 1:37 p.m. The Estée Lauder Cos.’ full-year forecasts fell in need of Wall Street estimates as the corporate’s struggles to regain footing within the Asia travel market proceed, despite a greater than expected set of fourth-quarter results. Lauder, which has a much greater travel retail business than a few of its competitors, has seen Asia travel retail pressured by the slower-than-anticipated recovery from the COVID-19 pandemic, especially in the favored vacation resort area Hainan. This in turn led its overall global travel business’ organic sales to slip 34 percent in its 2023 fiscal yr. At the identical time, U.S. sales have yet to climb back to pre-pandemic levels, while its California brands — Smashbox, Too Faced and Glamglow —...
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