Fox Business Briefs 6/16
At Home group enters Chapter 11 amid restructuring; Victoria’s Secret faces fresh activist fight; Former Estee Lauder CEO Leonard Lauder dead at 92; Gucci owner picks auto executive for one of global luxury’s top jobs.
Former Estée Lauder CEO Leonard Lauder dies at 92: 'His impact was enormous'
Beauty industry pioneer Leonard Lauder, who transformed Estée Lauder Companies as CEO and president, has died at 92.
FOX Business Briefs 6/11
All eyes are on the May CPI report; GM plans $4 billion investment to boost U.S. manufacturing; L’Oréal taps Nvidia tech to supercharge its AI efforts; Nintendo Switch 2 breaks records with historic launch sales.
Beauty powerhouse e.l.f. snaps up Hailey Bieber's Rhode in $1B blockbuster deal
The $1 billion acquisition of Rhode by e.l.f. Beauty marks a strategic expansion, with Hailey Bieber continuing as founder and chief creative officer.
Dr. Mark Epstein on increase in cosmetic surgeries after Trump win: ‘My schedule now is completely full’
Dual-board certified plastic surgeon Dr. Mark Epstein discusses the connection between cosmetic surgeries and economic prosperity on ‘The Big Money Show.’
Save money at the salon by giving yourself a relaxing mani-pedi at home
If regular nail visits are breaking the bank, consider saving money by doing your nails right at home to put money back in your pocket.
The history of Estée Lauder, one of the world’s leading cosmetic brands, beginning with an $800 sale
Estée Lauder is one of the world's leading cosmetic companies. It began with skin care products and has expanded into much more.
Artificial beauty: Warning of threats to girls’ self-esteem, Dove recommits to never using AI in ads
As experts predict that 90% of online content could be generated by artificial intelligence by 2025, a major beauty brand is taking a stand against the use of AI in advertising.
Sephora's Beauty Insider program: How to maximize your benefits
Sephora's Beauty Insider is a loyalty program offering rewards to customers. The program also offers exclusive promotions and early bird access to sales.
Viral TikTok craze touts aggressive prescription for ‘glass skin,’ sparking concern among medical community
A new viral TikTok craze promoting the prescription medication tretinoin is promising young Americans perfect skin but medical experts are urging caution.
Sephora customer says Sol de Janeiro body butter attracts spiders as company shuts down claim
A review on Sephora's website went viral after a customer claimed that Sol de Janeiro's Body Butter attracts wolf spiders. The company has since denied the rumors.
Christmas countdown goes luxury as designer Advent calendars showcase beauty and wellness products
Big-name brands like Christian Dior, Charlotte Tilbury and Victoria's Secret continue to wow customers with over-the-top Advent calendars. TikToker Courtney Cahoon commented on the growing trend.
Kim Jong Un's newest problem: Growing hair loss among North Koreans and lack of effective treatment
Many treatments for hair loss in North Korea remain unverified, leaving their efficacy in question and too expensive for the average citizen to therefore afford taking a risk to buy.
Gwyneth Paltrow addresses Goop critics, says ideas now 'widely adopted'
Gwyneth Paltrow said people thought her company was "nuts" when she first launched the wellness brand 15 years ago, adding that their ideas are now "widely adopted."
Cindy Crawford, Naomi Campbell, Christy Turlington and Linda Evangelista: 90s modeling icons' massive fortunes
Cindy Crawford, Naomi Campbell, Linda Evangelista and Christy Turlington are set to appear in the upcoming docuseries "The Super Models." The foursome amassed immense fortunes over their careers.
'Gone Girl' star Rosamund Pike slams Goop-style brands: ‘We’re all being conned by the wellness industry’
Gwyneth Paltrow's lifestyle company, Goop, gets some satirical mentions in actress Rosamund Pike's new audio drama, "People Who Knew Me."
Skincare brand embraces plant-based, cruelty-free ingredients: ‘Our bodies will reject chemicals’
People's Beauty owner Emily Austin talks good-for-you skincare products that are vegan, cruelty-free, affordable and safe for all skin types. FOX Business spoke to her.
L’Oréal buys skincare company Aēsop in $2.5 billion deal, its biggest acquisition ever
L’Oréal is purchasing luxury skincare brand Aesop from Brazil's Natura & Co in a $2.5 billion deal, marking the French beauty brand's largest takeover.
Brad Pitt releases genderless skin care line with grapes from his vineyard
If you've ever envied Brad Pitt's looks, now you can get your hands on his skin care products. The actor has a new line using grapes and leaves from a French winery.
Fans rip Ulta Beauty for shocking email about Kate Spade’s suicide
Ulta Beauty has raised some eyebrows with its latest email promotion, which fans are calling “tone-deaf.”