Estu00e9e Lauder

Cheap Valuations Prompt Investors Like Warren Buffett to Buy Beauty Stocks Despite Concerns Over Industry Prospects

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Cheap Valuations Prompt Investors Like Warren Buffett to Buy Beauty Stocks Despite Concerns Over Industry Prospects

Beauty brands often showcase resilience during market downturns. When budgets become strained, especially during recessions, people refuse to give up on smaller luxuries like beauty and skincare products. The trend of splurging money on beauty and affordable luxuries when cash is tight and the economy is weak was theorised as the “lipstick index.” However, the … Read more

Balmain Appoints Former Beauty Executive as Chief Marketing Officer

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Balmain Appoints Former Beauty Executive as Chief Marketing Officer

PARIS — Balmain has appointed Bruna Scognamiglio as chief marketing officer, the latest in a series of management changes made by parent company Mayhoola as it prepares to take the company to the next level of growth. A veteran marketing executive with more than two decades of experience at brands including Procter & Gamble and … Read more

Kiehl’s Joins Amazon as Fashion and Beauty Warm to Web Giant

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Kiehl’s Joins Amazon as Fashion and Beauty Warm to Web Giant

Fashion and beauty are starting to make peace with Amazon. From Coach to Clinique, premium brands that once kept their distance are now seeking out the platform. The most recent is Kiehl’s Since 1851, which launched on Amazon Thursday. The shift marks an acknowledgement of two basic truths — that there are millions of shoppers … Read more

Designer Sabyasachi Debuts Jewelry Collection at Bergdorf Goodman

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Designer Sabyasachi Debuts Jewelry Collection at Bergdorf Goodman

“It’s like the ’80s — they’re serving Dom Perignon.” That was how Amy Fine Collins surmised Thursday night’s cocktail party for Sabyasachi Mukherjee at Bergdorf Goodman. As waiters dressed in Indian attire served flutes of Champagne and tiny Indian delicacies on silver trays, guests jostled around the jewelry display counters. Some momentarily swooped in to … Read more