THE WHAT? Michael Burry’s Scion Asset Administration has doubled its stake in Estée Lauder Corporations, rising its holding to 200,000 shares valued at roughly US$13.2 million. THE DETAILS The elevated funding was disclosed in a latest regulatory submitting and comes as Estée Lauder’s new CEO, Stéphane de La Faverie, implements modifications geared toward reversing sluggish […]
The funding comes at a time when many early-stage magnificence corporations face tightening capital and broader pullbacks in DEI-related initiatives, together with the Trump administration’s rollbacks earlier this yr. “With this milestone, founder and CEO Tisha Thompson joins the 2 % of solely female-founded startups who’ve efficiently raised funding,” the PR continued. CosmeticsDesign spoke to […]
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The fundraising, the monetary phrases of which haven’t been disclosed, is predicted to gasoline BORNTOSTANDOUT’s offline enlargement, notably throughout Europe and the U.S., giving shoppers in these areas the possibility to expertise the model’s modern tackle retail and olfactory discovery. Moreover, BORNTOSTANDOUT anticipates leveraging L’Oréal’s world brand-building experience, whereas Contact Capital will supply strategic insights […]
Lately, industrial networking gross sales have skilled a exceptional surge, pushed by the convergence of a number of pivotal technological developments. A brand new ARC Advisory Group ARCView paper describes that the demand for sturdy and dependable networking options in industrial environments is greater than ever, and three key components are on the forefront of […]