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31 Aug

Coty’s Stock Holds Regular Amid Reports Kylie Jenner Wants

by Beautifaire101
Beauty, Featured
Coty’s Stock Holds Regular Amid Reports Kylie Jenner Wants
Investors appeared unmoved by news that Kylie Jenner is reportedly following in her sister’s footsteps and looking out to purchase back her beauty business from Coty. The wonder company’s stock was up 0.9 percent at $11.66 in midmorning trading Thursday after Bloomberg reported that the truth star turned beauty mogul was trying to buy back the 51 percent stake of Kylie Cosmetics that Coty Inc. paid $600 million for in 2020 amid reported frustration over the way it has managed the brand. Representatives for Coty and Jenner didn't immediately reply to requests for comment. The news comes just weeks after it was reported that Kim Kardashian was also in talks to regain total ownership of her beauty business from Coty. Coty acquired a 20 percent...
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14 Apr

Design Firms to See Regular Sales; Consolidation in 2023 

by Beauty Tips
Fashion, Featured
Design Firms to See Regular Sales; Consolidation in 2023 
MILAN — Little question, the pandemic era was a time to focus on one’s living and private working space. This renewed sense of pride in the house and office fueled substantial growth and consolidation for the design sector’s players across the globe last 12 months, a trend that is anticipated to persist throughout 2023.   “We see potential for a 5 to 7 percent CAGR (compound annual growth rate) as a stable range of growth in the long run,” Claudia D’Arpizio, a Bain & Co. partner and Global Consumer Products and Retail lead told WWD. “Within the short term, we see headwinds emerging within the U.S. and Nordic countries, mostly linked with rising mortgage rates slowing down real estate. At the identical time,...
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