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Welcome back to Full Coverage. Thanks for reading today.
This week my notebook was filled with conversations, comments and group chats on the tough state of beauty heading into 2026. Sure, major companies are moderating their growth and seeing bumps in their share prices, but they’re also largely in the process of turning around their businesses. Meanwhile, indies continue to languish — but not if a huge US-based beauty retailer can help it.
In this edition, you’ll get
- My thoughts on…
