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Estee Lauder, Yum China Issue Warning on Chinese Consumers The Stocks Fall

Beauty Giant Estée Lauder s Stock Crashes 19% To 6-Year Low—Heirs Lose Nearly $3 Billion

The five billionaire Lauder heirs correspondingly lost a combined $2.9 billion Wednesday.

Decline in Travel Retail Business Impacted The Estée Lauder Companies (EL)

Madison Investments, an investment advisor, released its “Madison Sustainable Equity Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. As measured by the S&P 500 Index, the markets were mixed in the third quarter. The fund returned -3.14% in the quarter compared to -3.27% return for the S&P 500 Index. […]

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