Q3 prestige beauty earnings expose a US slowdown across the majors—Coty US -6%, Shiseido US -9%, Estée Lauder US -2%—while L'Oréal shares dropped 6% on guidance worries. Growth is rotating to emerging markets: Puig fragrance +2.8%, Amorepacific China +9%, with India and Southeast Asia now the contested expansion frontier.

Business of Fashion · Retail · 5/26/2026, 11:19:02 AM

Coresight's Week 1 earnings roundup flags a widening performance gap. Amazon, Aritzia and DoorDash delivered standout revenue growth, while Primark, Coty and Beiersdorf flagged margin compression and softening demand—an early read on consumer bifurcation entering 1Q26.

Coresight Research · 5/15/2026, 1:33:27 AM