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Zacks News
Bull of the Day: The Estee Lauder Companies Inc. (EL)
by Benjamin Rains
Shares of Estee Lauder (EL) have crushed the market in 2019 and touched yet another new high on Tuesday. The high-end makeup firm posted better-than-projected third quarter fiscal 2019 results in May and raised its full-year outlook.
Five Strong Buy Stocks Ignoring the Selloff
by David Bartosiak
These five Zacks Rank #1 (Strong Buy) stocks are bucking the broad market trend.
Avon Announces Long-Term Financial Targets & Growth Strategy
by Zacks Equity Research
Avon Products (AVP) announces long-term financial targets, backed by its new "Open Up Avon" strategy.
Avon to Consolidate US Operations Into New York Facility
by Zacks Equity Research
Avon (AVP) is making efforts to simplify its U.S. business in a bid to fuel growth. However, this move will lead to head count reductions of roughly 100 employees.
Will Trade War Fears Halt the Rally of Luxury Goods' Stocks?
by Ritujay Ghosh
Luxury goods are still unfazed by tariffs unlike automobiles and industrial companies. Also, a proof of the thriving luxury goods market despite trade war fears is the robust performance of the brands.
The Zacks Analyst Blog Highlights: LVMH, Kering, Michael Kors Holdings, PVH and Tiffany
by Zacks Equity Research
The Zacks Analyst Blog Highlights: LVMH, Kering, Michael Kors Holdings, PVH and Tiffany
Will Luxury Stocks Repeat Their 2017 Success This Fall?
by Gourav Kanti Bagchi
Upbeat 2017 industry performance and ample growth for major industry players should draw attention to the industry.
How Luxury Brands Are Surviving the Millennial Revolution
by Radek Gralak
No matter what way you may want to look at Millennials, there is no denying that they are changing all industries and forcing companies to think about how to do business. This is especially true for luxury brands, as Millennials and Generation Z will represent more than 40% of the overall luxury goods market by 2025, according to a Deloitte industry report.
Will the Joy Ride for Luxury Goods' Stocks Continue in 2018?
by Zacks Equity Research
Robust earnings results, lower tax rates, strong wage growth and an impressive sales record in China in more than half a decade hint at a brighter 2018 for luxury goods' brands.