Michael Burry, the famed investor known for his successful bet against the housing market in the mid-2000s, is once again making waves in the financial world. This time, he is doubling down on the cosmetics industry by significantly increasing his stake in Estée Lauder Companies Inc., a leading beauty conglomerate. Burry’s investment firm, Scion Asset […]
Op-Ed | Should LVMH Split Up?
Op-Ed | Should LVMH Split Up? The luxury goods industry has always been a fascinating realm, with its blend of opulence, prestige, and financial intricacies. In recent times, the idea of LVMH splitting up has been circulating within the business world, particularly the prospect of spinning off Moët Hennessy. This proposition has sparked debates and […]