Market Pulse | All Eyes on America

Savigny Luxury Index August 2014 | Source: Savigny Partners

The Savigny Luxury Index regained some of the ground it had lost over June and July, increasing by 2.2 percent in August on the back of positive results announcements. The MSCI World Index also gained 2.2 percent as the debate over US interest rate rise rumbles on.

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Estée Lauder Poised to Shop Again After Deal Drought

Estée Lauder Pure Colour Campaign | Source: Estée Lauder

NEW YORK, United States —The $27 billion cosmetics giant is on the verge of its longest stretch without a purchase in at least 19 years, according to data compiled by Bloomberg. The New York-based company hasn’t announced any acquisitions since Smashbox Beauty Cosmetics Inc. in May 2010.

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Estee Lauder’s Granddaughters Become Billionaires on Beauty Boom

Aerin Lauder and Jane Lauder | Source: Estée Lauder

NEW YORK, United States — Aerin and Jane Lauder, the granddaughters of Estee Lauder, the late founder of the beauty products company that bears her name, have become billionaires amid a bull market for cosmetics companies.

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The China Edit | Asian Catwalk Queens, Furla Accelerates Store Openings, Cute Gives Way to Cool, Animal Testing Complicates L’Oréal Expansion

Liu Wen | Stockholm Street Style

The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.

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Estee Lauder Eyes Buoyant Cosmetics Demand in Africa

MAC Cosmetics store | Source: MAC Cosmetics

JOHANNESBURG, South Africa — Estee Lauder plans to expand its presence in sub-Saharan Africa by rolling out its $1 billion brands, Clinique and MAC, to tap into strong demand for luxury cosmetics among the region's middle class, a company executive said on Wednesday.

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