With cosmetics 株 定価つきの low, is now the time to beautify your 大臣の地位?
Glamorous: Jourdan Dunn and Kate Moss 適用する Charlotte Tilbury lipstick
Cosmetics and skincare 在庫／株s should be an 平易な way to beautify a 大臣の地位.
After all, these companies are players in a high-利ざや £230billion 全世界の market whose wares are persuasively 促進するd on social マスコミ tutorials.
But there is talk of a 減産／沈滞 in the 部門, whose pricing 力／強力にする has been the envy of other 商売／仕事s. As a consequence, 投資家s looking to 'zhuzh' ? beauty tutorial-speak for 'give a 解除する to' ? their holdings will be 支払う／賃金ing の近くに attention to the 来たるべき flotation of Puig, the Spanish owner of the glamorous British Charlotte Tilbury brand.
Puig, a family-owned 商売／仕事, could be 価値（がある） as much as £12billion when it makes its debut next month on the Madrid bourse, 最高潮の場面ing the 需要・要求する for make-up and creams from an ever-wider demographic in Europe and どこかよそで.
As David Coombs of Rathbone points out, 認識／意識性 of 肌 癌 means that more men are using moisturisers which 代表するs a 継続している 構造上の change in the ind ustry.
一方／合間, 'tweens', 顧客s about to enter their teens, 構成する a 急速な／放蕩な-拡大するing and 井戸／弁護士席-知らせるd clientele, buying for themselves and encouraging their mothers to spend. You can 証言，証人／目撃する this 現象 in the aisles of Sephora, which is part of the best-成し遂げるing 分割 of LVMH, the luxe goods 巨大（な）.
Sephora 在庫／株s more 高くつく／犠牲の大きい lines, such as Rare Beauty, the 範囲 設立するd by American actress Selena Gomez, 加える the 'viral dupes' that 供給（する） the looks for いっそう少なく.
Yet suddenly the 見通し seems uncertain, にもかかわらず the 人気 of Charlotte Tilbury and the buzz around newer 製品s such as Bum Bum cream from Sol de Janeiro, an Occitane 子会社.
分析家s at the 仲買人 Bernstein 見積（る） that growth in the US this year may be just 7 per cent, against 15 per cent in 2023.
This has led to 落ちるs in the 株 of L'Oreal, Ulta Beauty, a US chain , and Estee Lauder. This group has been left reeling by 供給（する） chain problems in 中国, although its diverse 申し込む／申し出 含むs the hip Le Labo perfumes and Clinique creams.
Also 攻撃する，衝突する by the more nervous mood have been 商売／仕事s like ELF (注目する，もくろむs, lips, 直面する).
株 are 負かす／撃墜する by 15 per cent this month, although 1348 per cent higher over five years thanks to its affordable dupes or 代案／選択肢s.
Do these 拒絶する／低下するs 示唆する that the lipstick 索引 論題／論文 (in which 支出 on lipstick and other '非難する' rises during 堅い times) is no longer 関連した?
The 索引 was 工夫するd by Leonard Lauder, chairman of the group during the 後退，不況 of the 早期に Noughties.
Or have Estee Lauder's woes coloured the perception of the entire 部門?
Terry Smith, 経営者／支配人 of Fundsmith, 性質の／したい気がして of the 基金's 火刑／賭ける in Estee Lauder earlier this year. However, he continues to 持つ／拘留する LVMH, and also L'Oreal, enabling 投資家s in the 基金 ? like me ? to have （危険などに）さらす to brands like Lancome and Tween favourite CeraVe.
Coombs has also 偉業／利用するd the 下落する in Ulta Beauty 株 to 追加する to his 基金s' holdings.
He points to Ulta's stren gths, 含むing its online sales and social 面 of a visit to its 蓄える／店s which are 据えるd on 商店街s with parking.
Against this background, I am taking a bet on shoppers of all ages continuing to indulge themselves on lipsticks and creams to 限界 ageing and sun 損失.
I have put some cash into Britain's largest retailer of these items ? Boots, the 175-year old 商売／仕事, part of the US-based Walgreens Boots 同盟.
Rumours that its parent will spin-off Boots may have died 負かす／撃墜する. But recently the chain has 報告（する）／憶測d a 15 per cent bounce in sales, helped by the clamour for Sol de Janeiro and the Shiseido brand Drunk Elephant.
This 指名する will either give you laughter lines, or 示唆する that such is the 革新 in this 部門 that it is 価値（がある） a 賭事.
