As the company’s sales fell 6 percent in the second quarter, the owner of namesake Estée Lauder, Jo Malone, Tom Ford, ...
The American beauty group is integrating its travel retail operations within the Asia/Pacific region, rather than Europe, the Middle East & Afric, amid a comprehensive strategic reengineering called ...
Firms are also planning to adapt their supply chains to weather the storm, with 41% saying they will diversify and almost a third (31%) looking to bring the chain back in-house, while 41% said they ...
Introduction Acerola extract, derived from the fruit of Malpighia emarginata, is renowned for its high <a target=_blank href= ...
Shares of Estée Lauder (NYSE:EL) are limping into Tuesday’s open after the company’s downbeat outlook into the current fiscal ...
Estee Lauder announced on Tuesday that it plans to slash up to 7,000 positions from its workforce. The cosmetics company said it will eliminate a net of 5,800 to 7,000 roles as it unveiled an ...
Cosmetics giant Estée Lauder Estee Lauder announced a major restructuring plan on Tuesday that includes slashing up to 7,000 jobs as the company grapples with persistent demand weakness ...
Estée Lauder (NYSE: EL) might be known as a timeless brand in cosmetics, founded nearly 80 years ago, but lately, it's looking like the skincare and makeup giant is running out of time.
A restructuring plan is underway to kick-start sales after the conglomerate reported a 6 per cent sales dip in Q2.
Estée Lauder stock has plunged since the pandemic. China sales have been weak, and the company is losing market share elsewhere. Management announced a turnaround plan, but it has yet to make a ...
NEW YORK (AP) — Estee Lauder may trim as many as 7,000 jobs by fiscal 2026, more than 11% of its workforce, after the global beauty cosmetics maker lost money in its most recent quarter as ...