Specialty

Harrods Readies H Beauty, a Specialty Store for Makeup Mavens

LONDON — It’s been quite a summer for Harrods, which is morphing from one store into four, and boldly introducing new concepts in the face of COVID-19, a crisis in retail and still shaky consumer confidence.

On Sept. 17, the retailer will tug open the curtain on its first stand-alone beauty store, H Beauty, at a shopping mall in Lakeside, Essex, England, while a second location is set to open in Milton Keynes, Buckinghamshire, England, next spring.

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Although plans for H Beauty were revealed almost a year ago, months before the coronavirus burst into Europe, aspects of the 23,000-square-foot space have been tweaked with social distancing and new hygiene standards in mind.

Harrods is promising a “wonderland” of premium and luxury brands, technology such as the Light Salon, an at-home LED light therapy system, and services such as the Dior Le Salon facials suite.

There will also

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Credit Suisse Thinks Bain Capital Specialty Finance’s Stock is Going to Recover

In a report issued on May 1, Douglas Harter from Credit Suisse maintained a Buy rating on Bain Capital Specialty Finance (BCSF – Research Report), with a price target of $15.50. The company’s shares closed last Monday at $9.22, close to its 52-week low of $7.12.

According to TipRanks.com, Harter is a 4-star analyst with an average return of 4.1% and a 63.8% success rate. Harter covers the Financial sector, focusing on stocks such as Ellington Residential Mortgage, Essential Properties Realty, and Arlington Asset Investment.

Currently, the analyst consensus on Bain Capital Specialty Finance is a Hold with an average price target of $10.67.

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Bain Capital Specialty Finance’s market cap is currently $499.5M and has a P/E ratio of 5.10. The company has a Price to Book ratio of 0.49.

Based on the recent corporate insider activity of 10 insiders, corporate

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