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Now-bankrupt Amyris has found buyers for some of its brands.
Showroom
Company Snapshot
Highly Edited. Expertly Curated. SHOWROOM is a contemporary luxury destination, partnering with emerging and fashion forward designers and an emphasis on personal, styling-centric service.
The News in Brief
Analysts are slashing target prices on Shiseido Co. after weak demand in China caused the Japanese cosmetics company to trim earnings forecasts, dragging shares toward their steepest annual loss on record.
A consortium of high-profile creative industry figures including songwriters and producers Max Martin and Savan Kotecha have backed Obayaty, a new beauty line specifically designed for men.
The company has been struggling to survive a tough US retail environment in which customers have been cutting back on non-essential spending.
TikTok argued the ban would trample free-speech rights based on a misguided view that Chinese ownership of the platform poses a national security threat.
Edouard Aubin downgraded the luxury-goods giant to equal-weight on Friday on concern over weakening demand in the sector.
Shares of the beauty retailer rose 6.6 percent in extended trading after the company also beat third-quarter results.
The New York-based company has tapped a financial adviser as it seeks to solicit interest from potential investors including private equity firms and family offices, according to people familiar with the matter.