
Why Fashion Giants Are Breaking Up with Beauty.
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Why are fashion giants breaking up with beauty? This week, we dig into Kering’s $4B “it’s not you, it’s me” moment as it sells its beauty division to L’Oréal - and what that says about the state of luxury right now. Then we jump from catwalks to Korean skincare as Kylie Jenner’s casual TikTok shout-out turns a niche LED mask brand into a $6B sensation (seriously, one post!). There’s also gold’s not-so-glam fall (its biggest drop in a decade) and the return of meme-stock madness with Beyond Meat’s wild week on Wall Street. Plus, a sisterly lesson in latte…
The skinny
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