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20 Aug

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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21 Jul

Inflation Expected to Curb Beauty-related Spending in France in

PARIS — Inflationary impacts and shifts in preferred retail channels are expected to proceed impacting the sweetness business in France this yr, in line with a study carried out by NielsenIQ. Notably, it found that 45 percent of French consumers queried said they plan to spend less money on beauty products in 2023. And 41 percent shared they might purchase cheaper beauty products to cut back their category-related expenses. In France on-year, the buyer price index rose 4.5 percent in June and 5.1 percent in May, in line with INSEE, the country’s national statistics office. For a lot of consecutive months prior to that, the monthly increase hovered at around 6 percent. “The inflationary period we're going through has radically modified the behavior...
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20 Nov

Naomi Biden Wears Ralph Lauren for Wedding and is

Who doesn’t like a White House wedding? Naomi Biden and Peter Neal on Saturday became the nineteenth couple to exchange their vows at 1600 Pennsylvania Avenue, they usually did so in high style. Big-time. The bride, 28, selected an extravagant custom Ralph Lauren Collection gown product of Chantilly lace with hand-placed organza petals along the bodice and cascading into the skirt for Saturday morning’s ceremony. Her recent husband, 25, also was decked out by the designer in a three-piece suit. A Ralph Lauren spokesperson confirmed the couple wore the designer’s creations on Saturday afternoon. Biden’s alternative gave her entry to a really select club, joining the celebrity ranks of Priyanka Chopra, Lily Collins and more recently Jennifer Lopez, all of whom wore...
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22 Oct

Tropical Storm Fiona expected to hit Puerto Rico

FOX 13 Meteorologist Tony Sadiku is monitoring Tropical Storm Fiona because it approaches the Virgin Islands. The storm, which has winds reaching 60 miles per hour is then expected to make its method to Puerto Rico, where hurricane watches have been posted. Sadiku says Fiona is heading in the right direction to strengthen and will turn out to be a category 1 hurricane by the top of the weekend or early next week. Fiona is anticipated to show to the north and west and mustn't be a priority for Florida. www.MyFOXHurricane.com Get your tropical weather forecast every day during hurricane season from the meteorologists at FOX 13 Tampa Bay and MyFoxHurricane. We'll issue a latest hurricane update every day, and more...
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