When the willowy Liu Wen stepped onto the runway at New York Fashion Week this season, she finally began to see a parade of models who looked increasingly like her: This fall, major design houses featured a number of Chinese models in fashion weeks as part of a bid by the firms to boost their sales in China.
No one wants to be seen as flaky -- especially when it comes to skin. If you need a thicker moisturizer than you did five years ago, you're not alone. As we get older, skin can't cope as well with dry indoor heat and harsh cleansers. Here's why:
Estee Lauder Cos. Chief Executive William Lauder, grandson of the company founder, plans to step down within two years and will be replaced by a 23-year Procter & Gamble Co. executive, according to a report on The Wall Street Journal's Web site late Thursday.
Cosmetics maker Estee Lauder Cos. Inc. reported lower-than-expected quarterly profit on Thursday and forecast earnings for the current quarter and fiscal year well below Wall Street estimates, sending its shares down 8 percent in premarket trade.
Clothing retailer Limited Brands, owner of Limited Stores, Express, and Victoria's Secret, announced a plan Friday to increase its share buyback from $500 million to $1 billion and to lay off 10 percent of its staff at the corporate level and brand home offices.