$Berkshire Hathaway-B (BRK.B.US)$ disclosed in its 13F filing last Wednesday that it purchased approximately $266 million worth of $Ulta Beauty (ULTA.US)$ in the second quarter. Following the news, Ulta Beauty shares closed up 11%. Additionally, Baillie Gifford increased its holdings in $e.l.f. Beauty (ELF.US)$, leading the stock to rally more than 9% over two consecutive trading sessions.
Global beauty giants are grappling with significant mar...

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