Jefferies cuts China online beauty outlook after July slowdown
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Bernstein on China Online Beauty: Very Weak July Performance
August 14, 2026 12:12 PM EDTInvesting.com -- The Chinese beauty e-commerce market recorded a gross merchandise value decline of 13.2% in July, according to Bernstein data. Tracked beauty companies posted a 3.8% GMV decline, outperforming the broader market. July represents approximately 3.5% of annual sales contribution.
L'Oréal grew GMV by 9% and gained 100 basis points of market share. The company's performance was supported by Kérastase, Lancôme,... More
Piper Sandler Reiterates Overweight Rating on Estee Lauder (EL), 'F4Q26 Preview'
August 14, 2026 9:01 AM EDTPiper Sandler analyst Anna reiterated an Overweight rating and $95.00 price target on Estee Lauder (NYSE: EL).
The analyst commented: "EL reports F4Q26 on 8/19--stock is up since May print (largely on the end of Puig talks) and still looks inexpensive on... More
