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☆ SIRO, One Za’abeel: Dubai’s ‘first fitness hotel’ is taking wellness tech to the next level
▼ + stars: | 2024-06-21 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +8 min

“The industry is evolving,” says Desmond Cawley, hotel manager at SIRO, One Za’abeel. This kind of light therapy treatment has its roots in NASA’s experimentation with red light therapy in the 1990s to boost plant growth in space and help heal wounds in astronauts. Rebecca Cairns/CNNEven at SIRO, with all its cutting-edge tech, Cawley has observed a surge of interest in mindfulness activities like meditation. Of course, at SIRO, there’s even a high-tech alternative to this: “vibroacoustic therapy,” the sci-fi equivalent of a gong bath. Tech to help you disconnect might seem excessive, but for SIRO, the integration of health data is the future of wellness, providing guests with a data-driven, personalized wellness program.

Persons: ”, Desmond Cawley, SIRO, Dubai’s, Adam Peaty, Ramla Ali, Cawley, it’s, Rebecca Cairns, Boka, “, Beth McGroarty, that’s, ” McGroarty, SIRO isn’t, McGroarty, —, there’s Organizations: CNN, AC Milan football, Kerzner, Global Wellness Institute, bros, Equinox Locations: Dubai, Montenegro, New York City, SIRO, Cryotherapy

☆ I'm a consultant in my mid-20s. Here's what a day in my life is like and how I use AI in my job.
▼ + stars: | 2024-06-21 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +7 min

Read previewClouds Joo, a young professional and content creator, is only in her mid-20s, and yet she already has experience working in many different industries. Clouds said the projects typically last between five and eight weeks, though sometimes longer, and that she is working for one client at a time. AdvertisementRegardless of the project, every day typically starts with a stand-up, a meeting in which everyone on the team can share what they accomplished the day prior and what they are working on that day. Despite concerns over how AI could disrupt consulting, Clouds said she and her colleagues have worked generative AI into their workflows and that it allows them to be more efficient. Advertisement"I think there is a lot of beauty in exploring different opportunities, different industries, different jobs, and having that flexibility in your life where your life isn't just your job."

Persons: —, she's, Gen Z Organizations: Service, Business, Microsoft Locations: London

☆ Millennials are losing their cool
▼ + stars: | 2024-06-19 | by ( Emily Stewart | ) www.businessinsider.com time to read: +16 min

Millennials may not be there yet on pants, or at least that's what I, as a millennial, tell myself. The internet is fueling the millennials vs. Gen Z discourse, but underlying it is something deeper: millennials raging against the dying of the light. "It's really beneficial for brands that at least the online discourse has millennials looking to Gen Z for trends. The nature of internet culture, much of which was created by millennials, puts a unique bent on the discourse and how creators and influencers address millennials. Gen Z, be nice to your friendly millennial next door, and vice versa.

Persons: we're, We're, Valeria Penttinen, Julie Erickson, —, Erickson, Michael Miraflor, Hannah Grey, Justin Timberlake's, Claire Tassin, Jean Twenge, Gen X, Silents, they're, X, It's, Penttinen, millennials, Harley Block, Joel Steckel, I'm, that's, Devon Price, Price, Twenge, it's, Miraflor, Gwen Stefani, Martha Stewart, Alpha, Gen, They'll Organizations: Northern Illinois University, Morning, New York University, Starbucks, Loyola University Chicago's School, Professional Studies, Sports Illustrated Locations: Toronto, America

☆ His wife had a common skin condition and tried expensive creams for over 20 years. She became 'patient zero' for his personalized skincare company — and had clear skin in a month.
▼ + stars: | 2024-06-17 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +10 min

For 20 years after getting pregnant, Cherry Jia tried everything to fade the dark patches on her face. After giving birth to her son, she had melasma, a fairly common skin discoloration caused by hormonal fluctuations during pregnancy. The treatments they sold for dark spots had no effect on her skin. Jia said Musely's top-selling products treat aging concerns like dark spots, rosacea, and hair thinning. MuselyPart of the boom comes from the desire for products that target specific skin concerns, like dark spots or wrinkles.

Persons: Musely, —, Cherry Jia, she'd, Jack Jia, Cherry, Jack Jia Jia, Marie Jhin, he'd, Jhin, Lori Bush, Kimber Maderazzo, dermatologists, Jia, Jhin . Cherry Jia's, Jack Jia's, Musely Jia, estriol, they've, isn't, it's Organizations: Healthcare, Service, Musely, Jhin, FDA, New York Times Locations: drugstores

☆ Bethenny Frankel says she's tried about 1,000 beauty products. Here are 6 of her favorites.
▼ + stars: | 2024-06-14 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +1 min

Bethenny Frankel is popular on TikTok for her quippy beauty and skincare product reviews. Frankel told Business Insider that she's probably tried "thousands" of products on screen. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Frankel told Business Insider that she's probably reviewed about one thousand products in the few years she's been active on the platform. This story is available exclusively to Business Insider subscribers.

Persons: Bethenny Frankel, Frankel, she's, —, Chanel Organizations: Service, Housewives, Business Locations: York

☆ The digital dermatologist will see you now
▼ + stars: | 2024-06-13 | by ( Susan Griffin | ) edition.cnn.com time to read: +8 min

video calls and digital images to discuss skin concerns remotely) compared to 14.1% pre-Covid, said the American Academy of Dermatology. The advent of digital dermatology, pushed forward by increasingly innovative and sophisticated digital tools — not only smartphones and video calling apps but artificial intelligence — is enabling a growing number of global brands to diagnose, prescribe and produce bespoke creams via virtual consultation rooms. I tried Klira, a digital dermatology service co-founded in 2021 by British dermatologist Dr. Emma Craythorne. From Simon Ourian MDWhile digital dermatology makes it possible to access the expertise of people who might otherwise be out of your price bracket or zip code, there are inevitable drawbacks and limitations to using a digital dermatologist exclusively. “Although it was not a total transformation, my skin did get a bit better and I would recommend the digital dermatologist route,” she said.

Persons: tweens, ”, Shoshana Marmon, Emma Craythorne, Klira’s, dermatologists, Craythorne, Claire Todd, Emily Thompson, Dr Simon Ourian, Kim Kardashian, Megan Fox —, Dr Simon, “ I’d, Simon Ourian, Thompson, ” Dr, Ifeoma Ejikeme, Bryony Firth, “, I’d, I’ve, Ejikeme Organizations: CNN, Technology, American Academy of Dermatology, Dermatology, New York Medical College, Klira, Adonia Medical Clinic Locations: Cleethorpes, England, Los Angeles, London, Bernard, Gloucestershire, New York

☆ I made Gordon Ramsay's easy 10-minute pasta and it's the perfect summer dinner when you're feeling lazy
▼ + stars: | 2024-06-11 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +1 min

Ramsay's 10-minute pasta tasted delicious, and I couldn't believe it had only taken 10 minutes. I would definitely make Ramsay's 10-minute scampi again. Anneta Konstantinides/Business InsiderThere was a lovely lightness to Ramsay's 10-minute scampi that I always look for in a great summer dish. It tasted like an elevated version of Martha Stewart's famous one-pot pasta dish. I'll definitely whip up Ramsay's 10-minute scampi again when I need something quick but delicious on a busy summer weeknight.

Persons: Anneta, Martha Stewart's

☆ Gen Alpha tweens are fueling sales in skincare. It isn't just because they are worried about wrinkles.
▼ + stars: | 2024-06-11 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +9 min

Gen Alpha tweens who spoke with Business Insider are unconvinced that fear of aging is behind their new obsession. Related VideoGen Alpha's spending powerBy all accounts, Gen Alpha is going to be a mighty generation of big spenders. But Gen Alpha skincare enthusiasts are taking their newfound habit seriously. The survey of nearly 3,000 respondents included 537 US-based 13- to 17-year-olds who were asked about antiaging, skincare, and beauty. Where influences lieIt may be that Gen Alpha kids are learning from their parents as children of millennials and Gen Zers.

Persons: —, Alpha tweens, Gen Alpha, They're, Zers, Gen Alphas —, NIQ, Alpha, Janice Miller, Miller, I've, Jenny Grant Rankin, Piper Virginia Rankin, Piper, Valerie Aparovich, Aparovich, Shayan, Rankin's, antiaging, Thorne, YouGov, Z, Alphas, BI's Eve Upton, Clark, tweakments, Geeta Yadav, Yadav, Dr, Alexandra Forsyth, Forsyth, Maeve Organizations: Service, Alpha, Business, Bliss, NYU School of Medicine, Gen Alpha, Mashable Locations: skincare, Sephora, millennials

☆ Is a recession coming? Economists say look at women’s lips
▼ + stars: | 2024-06-09 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

Estee Lauder chairman Leonard Lauder created the lipstick index during the economic downturn following September 11, 2001. In fall 2001, US lipstick sales increased by 11%. “The lipstick index has been substituted with the moisturizing index,” said Freda. But data shows that more expensive prestige beauty sales are outpacing mass, lower-priced beauty sales. What do you see dominating the beauty market in the second half of the year?

Persons: Estee Lauder, Leonard Lauder, Fabrizio Freda, ”, Freda, “, Sephora, Bell, Neela Montgomery, Laura Mercier, We’ve, it’s, Skincare, It’s, we’re, Inflection’s, OpenAI, Sarah Myers West, ” West, Brian Fung, Jerome Powell, Price Organizations: CNN Business, Bell, New York CNN, CNN, Federal Trade Commission, Microsoft, FTC, Justice Department, Google, Nvidia, DOJ, US Department of Treasury, OPEC Monthly, Federal Reserve, US Bureau of Labor Statistics, Signet Jewelers, Federal Locations: New York, Asia

☆ DSM Firmenich CEO: Focusing on innovation in beauty and skincare
▼ + stars: | 2024-06-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDSM Firmenich CEO: Focusing on innovation in beauty and skincareDimitri de Vreeze, CEO of DSM Firmenich, weighs in on nutrition, health and beauty.

Persons: skincare Dimitri de Vreeze Organizations: DSM

☆ 5 fast-acting anti-aging skincare products celebrities use to look young
▼ + stars: | 2024-05-30 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +1 min

Cynthia Franco is an esthetician with celebrity clients like Barry Keoghan and Queen Latifah. She said having an effective skincare routine is more important than getting in-office treatments. She shared her favorite anti-aging products, from a vitamin C serum to a retinol alternative. Cynthia Franco is one of them: an LA-based esthetician who specializes in anti-aging skincare, Franco has worked with clients like Barry Keoghan, Queen Latifah, Ana de Armas, and Cara Delevingne. But while her clients see her for in-office procedures and facials, Franco said the most effective anti-aging skincare comes from following a consistent routine at home.

Persons: Cynthia Franco, Barry Keoghan, Queen Latifah, —, skincare, Franco, Ana de Armas, Cara Delevingne Organizations: Service

☆ 3 quick and easy anti-inflammatory recipes, backed by a nutritionist
▼ + stars: | 2024-05-30 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Last year, Gwyneth Paltrow revealed that she eats an anti-inflammatory diet after suffering from long COVID. Eating an anti-inflammatory diet — meaning mostly fresh or minimally processed foods and minimal highly processed foods — can help reduce inflammation, according to the Cleveland Clinic. "Mushrooms contain multiple natural anti-inflammatory compounds, including essential vitamins and minerals, as well as numerous anti-inflammatory metabolites," Kodamala said. "Turmeric contains the active ingredient curcumin, which is an antioxidant and anti-inflammatory, making it a real powerhouse to include in your diet," she said. Nuts may also have anti-inflammatory properties, according to a 2023 review, and so might ginger, according to a 2022 review — but more research is needed on both.

Persons: —, Gwyneth Paltrow, It's, James Wythe, Vinny Kodamala, Kodamala, it's Organizations: Service, Business, Cleveland Clinic, LloydsPharmacy Locations: Dijon

☆ A celebrity esthetician started an anti-aging skincare routine when she was in her 40s. Here's how she 'saved' her skin.
▼ + stars: | 2024-05-22 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +4 min

Read previewCynthia Franco is no stranger to anti-aging skincare concerns. Taking sun protection seriouslyPrior to learning more about anti-aging, Franco said she didn't think too much about sun protection. A quality vitamin C serum goes a long wayFranco said the third step in the "line of defense" against premature signs of aging is a vitamin C product. Invest in extras like retinol and peptidesFranco said the first three steps are "non-negotiable" staples of any good anti-aging skincare routine. She also called peptides the "crème de la crème" of anti-aging skincare products, especially if you start using them after your 30s.

Persons: —, Cynthia Franco, Barry Keoghan, Queen Latifah, Franco, I, Retinol Organizations: Service, Business

☆ Short seller alleges Oddity Tech is misleading investors
▼ + stars: | 2024-05-21 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

A short seller on Tuesday alleged that beauty and wellness company Oddity Tech has been misleading investors and isn't the online-only retailer it's claimed to be. Ningi has a short position in Oddity but didn't disclose the size of that position. Oddity Tech, the parent company of makeup brand Il Makiage and skincare brand Spoiled Child, sold investors on the premise that it's disrupting the legacy beauty industry by changing the way people buy makeup online. Ningi Research is alleging that Oddity is not a purely digital company and that its Il Makiage brand has more than 40 stores in Israel, where the company is based. Oddity previously told CNBC that more than half of its business is from repeat customers.

Persons: it's, Ningi, didn't, ODDITY's, they've, Oran Holtzman, Holtzman, authorizations, We'll, we've Organizations: Tech, CNBC, Ningi, U.S . Ningi, Better Business Locations: Israel, U.S

☆ Rich Chinese millennials are creating new status symbols. Here are 11 ways they are redefining luxury.
▼ + stars: | 2024-05-19 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +12 min

Rich millennials in the US have been known to splash out on their pets, new laundry rooms, and expensive coffee machines. And over in China, rich millennials have their own ideas of what counts as a luxury status symbol. AdvertisementExpect to see these rich millennials mixing luxury casual wear like T-shirts and sneakers with traditional luxury brands, Banta told BI. And getting regular aesthetic treatments has become a top priority for affluent millennials, Banta told BI. Independent luxury brands that offer more authentic products and those that draw on cultural heritage are also highly in demand, she said.

Persons: —, they've, Rich millennials, They've, Claudio Lavenia, Louis Vuitton, Daniel Langer, Amrita Banta, Budrul Chukrut, Elisa Harca, Ant Asia, Mary, Kate, Ashley Olsen, prioritizes, Harca, Banta, JUAN BARRETO, Olivia Plotnick, Port Ellen, Alexandra Bacon, Ewan Andrew, Langer, Black Pearl, JOHANNES EISELE, Olivier Morin, Plotnick, Tom Dixon, Potnick, Gen, Gabriella Tegen, Gen Z Organizations: Service, Business, Pepperdine University, Research, Getty, JUAN BARRETO Travel, Wai, Social, Diageo, Michelin, China Morning, Meituan, Clover, Bloomberg, Clover Suites, China News Service, McKinsey, Brands, Independent Locations: China, Antarctica, Iceland, Shanghai, Port, Scotland, That's, Harca, Singapore, Banta, millennials

☆ The ultimate anti-aging skincare routine you should try before getting Botox, according to 2 dermatologists
▼ + stars: | 2024-05-18 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +7 min

"The best anti-aging routine can be as simple as just a few steps," especially in the morning, Lindsey Zubritsky, a board-certified dermatologist, told Business Insider. Always cleanse your face — unless you have sensitive skin"I recommend starting out with a gentle cleanser if you have oily or acne-prone skin," Zubritsky said. AdvertisementZubtritsky recommended Cetaphil Gentle Cleanser, a creamier formula for dry or sensitive skin. For oilier skin, she suggested La Roche Posay Toleriane Foaming Cleanser, which can also be used for sensitive skin. AdvertisementIf you have sensitive skin, you'll want to start with retinol, Zubritsky said, as it's gentler.

Persons: —, Lindsey Zubritsky, Carolyn Stull, Sergey Mironov, Zubritsky, that's, Stull, Cetaphil, La Roche, ISDIN Eryfotona, Skinbetter, Blair Murphy, Rose, Olay, you've Organizations: Service, Business, Neutrogena Hydro, L'Oreal, Cream

☆ Equinox got rid of Kiehl's in its locker rooms and everyone is in mourning
▼ + stars: | 2024-05-16 | by ( Madeline Berg | Geoff Weiss | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. On Tuesday, after weeks of rumors, Equinox announced a new partnership with Australian beauty brand Grown Alchemist — meaning its long-beloved Kiehl's products are getting the boot. "It's been 13 years," Julia Klim, Equinox's VP of strategic partnerships and business development, told Women's Wear Daily of its Kiehl's deal. Advertisement(Full disclosure from Madeline Berg: I am an Equinox member and have little attachment to the Kiehl's lineup. ) AdvertisementEvery passionate online niche has two sides, and some brave souls have posted their excitement about the new products, alleging that it was actually Kiehl's products that were watered-down.

Persons: —, Equinox, moisturizers, It's, Julia Klim, Equinox's, Women's, Madeline Berg, commenter, Kiehl's Organizations: Service, Business, pepsi

☆ TikTok’s new suitor is former Dodgers owner Frank McCourt, as lawsuit pushes back against ban
▼ + stars: | 2024-05-15 | by ( Brian Fung | Clare Duffy | ) edition.cnn.com time to read: +4 min

Frank McCourt, a real estate billionaire and the former owner of the Los Angeles Dodgers, said Wednesday he is laying the groundwork to acquire TikTok as part of a broad initiative to make a healthier internet. Still, McCourt said, the potential opportunity to acquire TikTok is a chance to rewire how social media works. “We can, and must, do more to safeguard the health and well-being of our children, families, democracy and society,” McCourt said in a statement. McCourt joins a host of other would-be suitors angling to pick up a platform used by 170 million Americans. A group of eight TikTok creators on Tuesday also filed a separate lawsuit challenging the potential ban.

Persons: Joe Biden, TikTok, Frank McCourt, McCourt, ” McCourt, Kirkland, Ellis, Sir Tim Berners, Lee, Steven Mnuchin, Kevin O’Leary, “, ”, Topher Townsend, ” TikTok Organizations: New, New York CNN, Los Angeles Dodgers, TikTok, Guggenheim Securities, Former, O’Leary Ventures, US Department of Justice Locations: New York, United States, China

☆ I've been a makeup artist for 7 years. Here are 9 products I get from Sephora for under $25.
▼ + stars: | 2024-05-13 | by ( Morewa Osawaru | ) www.businessinsider.com time to read: +1 min

As a makeup artist, I often shop at Sephora for great beauty products under $25. AdvertisementSephora offers so many great, high-quality beauty finds that it can be overwhelming to figure out which items are worth purchasing. This is especially true as more beauty enthusiasts buy their products online, leaving them unable to try out an item in person. As a makeup artist, I've tried what feels like an endless number of makeup and skincare items. Here are nine products at Sephora that cost less than $25 and deliver impressive results.

Persons: —, I've Organizations: Service

☆ A millennial working 2 full-time jobs sometimes only gets 3 hours of sleep — but she's over halfway to saving $100,000
▼ + stars: | 2024-05-09 | by ( Maria Noyen | ) www.businessinsider.com time to read: +5 min

(Business Insider verified Lacerna's April paystubs.) Lacerna told Business Insider via email that she began working multiple jobs after immigrating to the US from the Philippines in 2018. Companies have different policies on employees working multiple jobs — some allow it, while others don't, which means anyone choosing to do so secretly could risk being fired. While sleep requirements vary from person to person, experts recommend adults get between seven and nine hours of sleep each night. AdvertisementLacerna said in an email that she sometimes only gets two or three hours of sleep on days when she works both jobs.

Persons: —, Mitzi Lacerna, Lacerna, Jacob Zinkula —, she's, @mitzeyyyy, @sleepychomper, I’m, ake Organizations: Service, Business, Labor Statistics, Companies Locations: San Francisco, Philippines, TikTok

☆ I ended up being a caretaker for both my baby boomer parents. My Gen Z friends were surprisingly understanding.
▼ + stars: | 2024-05-08 | by ( Ivannia Morton | ) www.businessinsider.com time to read: +4 min

I've always known that my parents were older than the parents — and occasionally even the grandparents — of my peers. Having older parents than my peers was both rewarding and challenging while growing up. Almost any child with older parents, regardless of the generation they were born into, can tell you they've imagined what taking care of their parents would look like. To my surprise, many of my Gen Z friends knew exactly what I was going through. You rarely tell the "outside" — be it your extended family or friends, what's going on "inside" — or in the home.

Persons: I've, —, what's, I'd

☆ Ife Agoro’s DANG is changing the game for women in Nigeria
▼ + stars: | 2024-05-08 | by ( Stephanie Busari | ) edition.cnn.com time to read: +5 min

Candid conversationsThrough candid conversations and shared narratives, members of the DANG community confront taboo topics such as gender-based violence, discrimination, body image, mental health, and reproductive rights. This ultimately led Agoro to create the #DangAfterHours series, a no-holds-barred discussion on sex and sexuality, a real taboo subject in Nigeria, Agoro says. Soon after, she launched her DANG Lifestyle and skincare business which has grown largely through word of mouth through the DANG community, Agoro says. Despite aiming her message squarely at women, Agoro doesn’t discount a future where men would be integrated into the community. “I now get men commenting and saying to me, ‘We are DANG men too, include us in the conversation.’ We are happy to have them in the conversation.

Persons: Agoro, –, “, ’ ” Agoro, ”, ‘, ’ ”, ’ Organizations: Nigeria CNN —, Twitter, CNN Locations: Lagos, Nigeria, Nigerian, I’m, skincare, Dang, USA, Ghana, Kenya

☆ Gen Z Status Symbol: Why Everyone Is Getting Botox Injections
▼ + stars: | 2024-05-02 | by ( Eve Upton-Clark | ) www.businessinsider.com time to read: +9 min

The faces that hold social currency on social media — with fox-lift brows and buccal fat removed — are increasingly bleeding into real life. AdvertisementEven before the remote-work boom, writers noticed social media was shaping the way people looked. The shift from surgical procedures to minimally invasive injections has also made cosmetic work safer and more available to average people. "The gap between the identity we present on social media and the self we see in the mirror is growing," Widdows told me. As more people get cosmetic work done, the rest of us lose touch with what's normal.

Persons: it's, Z, It's, Heather Widdows, else's, Snapchat, Anne, Mette Hermans, Widdows, Gen Zers, Hermans, you've, we've Organizations: American Academy of, New Yorker, University of Warwick, American Psychological Association, Boston University School of Medicine, City University of London, Tilburg University Locations: Instagram, United States, Netherlands

☆ How we test, review, and recommend products
▼ + stars: | 2024-05-02 | by ( Insider Reviews Team | Les Shu | ) www.businessinsider.com time to read: +6 min

Janelle LeesonBelow is a sampling of some of the core products and services the Reviews team tests. Reporters enlist their cats, dogs, and other pets to help test products, while pet health articles are medically reviewed by veterinarians and supported by expert interviews. Insider Reviews' health articles are medically reviewed by doctors and other health professionals, and supported by expert interviews. Molly Allen/InsiderThe Reviews team tests products the way people would use them in everyday life. In addition to our in-house and freelance testers, we also have an internal council of volunteers and freelancers who help us test products and offer additional perspectives.

Persons: Janelle Leeson, Antonio Villas, Sally Kaplan, Molly Allen, James Brains, Erin Brains, Amir Ismael Organizations: Business Insider's Service Journalism, Tech, Samsung, Boas, Health

☆ Estee Lauder is punished for its light guidance. Here's why we are not joining the sellers
▼ + stars: | 2024-05-01 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Estee Lauder tumbled Wednesday as investors focused on the company's weak fiscal fourth-quarter outlook instead of its strong third-quarter numbers. Estee Lauder Why we own it: We see profitability improving as management executes on its turnaround plan and works to improve gross margin performance. These are signs the worst should be behind Estee Lauder. While full-year adjusted earnings are still expected to decline on an annual basis, Estee Lauder encouragingly bumped up its outlook. An Estee Lauder pop-up store is seen inside daimaru Department Store on Nanjing Road Pedestrian street in Shanghai, China, August 6, 2021.

Persons: Estee Lauder, Fabrizio Freda, Freda, Estee Lauder encouragingly, we're, That's, Estee, Jim Cramer's, Jim Cramer, Jim Organizations: Revenue, LSEG, L'Oreal, Chanel, Body, Street, Management, Wall, Japan, CNBC, daimaru, Getty Locations: LVMH, —, Asia, North America, Latin America, Mexico, Brazil, Hong Kong, China, Japan, Mainland China, Nanjing, Shanghai

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