Estee Lauder
Estee Lauder raises outlook, CEO’s turnaround paying off
He is putting in place strategies to help the company better compete against rivals such as L’Oreal and upstarts
Shiseido faces tough turnaround after costly cosmetics stumbles
The company has embraced a turnaround plan that involves drastic cost-cutting and a refocus on its luxury brands
After China’s long retail downturn, CEOs see consumer spending coming back
Several North American and European companies have posted positive results in the Asian nation in recent weeks
Estee Lauder beats quarterly estimates on robust growth in fragrances
It posted quarterly sales of US$3.48 billion, compared with analysts’ estimate of US$3.38 billion
Estee Lauder cuts some prices despite the continued tariff toll
Other US companies are stepping up price hikes
Estee Lauder forecasts annual profit below estimates as tariffs hit
Estee’s organic net sales for the fourth quarter fell 13%, compared with an 8% rise a year ago
Succession at Estee Lauder – A personal reflection
How multigenerational leadership transition at the prestige beauty company offers crucial lessons in governance, legacy, and innovation
Leonard Lauder, billionaire scion of cosmetics empire, dies at 92
He took the company public in 1995, and its share price rose 33% on the first day of trading
Estee Lauder, L’Oreal suffer as China’s duty-free spending falls
Global heavyweights of the beauty industry are also feeling the impact of cratering travel retail in the world’s second-largest economy
Estee Lauder forecasts bleak quarterly profit, to cut up to 7,000 jobs
ESTEE Lauder on Tuesday (Feb 4) forecast third-quarter profit well below estimates, citing persistent weak demand at airports and travel destinations such as Korea and China, while also expanding its ...
