Hot Barbie Summer: How the Stock Market is Getting in on the Act

Greta Gerwig’s 2023 Barbie movie has engulfed the online, and offline, worlds in a pink storm. From Barbiecore fashion to Hot Barbie Summer and Barbie Beauty Trends, everyone is thinking pink this summer. Some of the market’s longest standing and top performing companies capitalize on these trends in beauty and fashion each year.

We took a look a closer look at companies historically known for their strong performance in the beauty and fashion sectors:

L’Oréal (LRLCY): L’Oréal is a global beauty and cosmetics company with a diverse portfolio of popular brands. Its continuous innovation, international presence, and strong marketing strategies have contributed to its historical success.

Estée Lauder Companies (EL): Estée Lauder has been a leading player in the prestige beauty market with a portfolio of iconic brands. Its focus on luxury skincare and makeup products has helped it maintain a strong position in the industry.

Ulta Beauty Inc. (ULTA): Ulta Beauty is one of the largest beauty retailers in the United States, offering a wide range of products from both high-end and drugstore brands. Its successful business model combines retail stores with e-commerce, appealing to a broad customer base.

Coty Inc. (COTY): Coty is a beauty company that manufactures and markets a range of cosmetics, fragrances, and skincare products. It has held a notable position in the industry with a mix of mass-market and luxury brands.

The performance of these companies and the industry as a whole can vary over time, and it is essential to refer to the most recent financial reports, market analyses, and business news to identify the current best-performing US public companies in the beauty and fashion sector.