THE WHAT? Renowned activist investor Nelson Peltz is known for shaking up board rooms across the FMCG industry and is now said to have set his sights firmly on The Estee Lauder Companies, according to a report published by The New York Post.
THE DETAILS Peltz is said to be gunning for a change at the top or even a potential sale, although The Post was unable to determine whether the renowned activist investor owns shares in the prestige beauty giant.
THE WHY? The Estee Lauder Companies was hit hard by the pandemic, which wiped out its two major growth markets: China and Travel Retail. Its latest set of results sent shares tumbling 17 percent and led Lauder to slash its sales forecast for the fiscal year from a 5 percent to 7 percent drop to a 10 percent to 12 percent fall.
Buying aesthetics supplies typically involves sourcing these items from licensed distributors, manufacturers, or specialized suppliers who cater specifically to the needs of aesthetic professionals. These supplies are integral to performing aesthetic treatments aimed at enhancing skin appearance, addressing various skin concerns, and improving overall beauty and wellness.
Examples of aesthetics supplies include:
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Dermal Fillers: Injectable substances used to add volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
