![]() ![]() The Ulta at Target mini shops are attractively executed and located adjacent to Target’s existing beauty section in store. Ulta Elevates Target’s Store Experience, Gaining Access to the Retailer’s Massive Customer Base Read on for our take on how these beauty partnerships offer significant benefits to the retail parties and their customers. The mass retailers recently launched these concepts across the US, with expansion plans already underway. Two strategic beauty partnerships recently opened their doors this summer – Ulta Beauty shop-in-shops at Target and the Sephora shop-in-shops at Kohl’s, both initially announced last fall. Retail partnerships work to combine the strengths of brands and retailers to create newness in familiar stores, promote brand awareness, and establish a unique and exciting customer experience. advises users to check with certified experts before taking any investment decisions.The Beauty Battle: Sephora Kohl’s vs. Retain BUY with 12m PT of Rs470.įor all recommendations report, click hereĭisclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on are their own, and not that of the website or its management. While valuation is undemanding at 0.7x FY25 P/ABV, a significant re-rating would be contingent on more confidence around growth and asset quality. Though home loan disbursements were weaker than expected (growth was weaker than peers too), the portfolio growth came in-line due to reduction in prepayments/BT Out. ![]() The lower credit cost was aided by reduction in Stage-3 assets (partly caused by collections & recoveries) and decrease in its coverage. The large sequential margin expansion of ~50 bps was caused by steep improvement in portfolio yield and measured increase in CoF. Rs8bn) driven by sharp NIM expansion and lower provisions, while portfolio growth was in-line with expectation. ![]() LIC HF delivered substantial earnings beat (PAT of Rs11.8bn v/s est. YES Securities' research report on LIC Housing Finance ![]()
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