|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||0.1190 - 0.1249|
|52 Week Range||0.0200 - 1.2500|
|Beta (5Y Monthly)||1.44|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 25, 2021 - Mar 01, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Apr 05, 2012|
|1y Target Est||1.00|
Tailored Brands sought bankruptcy protection in August, just one of several retail casualties of pandemic-induced business shutdowns this year.
Last month, Target (NYSE: TGT) announced a strategic partnership with Ulta Beauty (NASDAQ: ULTA) to open a series of makeup and skin care shops inside its stores. Sephora, a competitor of Ulta and well-known cosmetic retailer, is making plans to open at least 850 shop-in-shop locations in Kohl's stores by 2023, 200 of which will be open by fall 2021. Sephora plans to offer over 100 brands as part of its Kohl's partnership, which will replace the existing beauty product line Kohl's offers.
In recent years, growing its beauty business has been one of Kohl's (NYSE: KSS) biggest strategic priorities. Kohl's has solved this problem through a new partnership with Sephora, the global beauty retail giant owned by LVMH Moet Hennessy Louis Vuitton. Here's why the new partnership -- announced on Tuesday and scheduled to launch next fall -- looks like a game changer for Kohl's.