William Lauder, the billionaire heir to the Estée Lauder fortune, is cashing in on Palm Beach’s sizzling real estate market. The cosmetics mogul has reportedly found a buyer for two prime ...
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 ...
NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) today launched Beauty Reimagined, its new strategic vision, and reported its financial results for the second quarter ended ...
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Estée Lauder "beat earnings" today, but actually lost money. Guidance envisions sales and earnings continuing to fall in Q3. Estée Lauder is also laying off workers and planning to take more ...
Billionaire William Lauder has struck a deal to sell two oceanfront lots in Palm Beach, Fla., for close to his original $200 million asking price, according to people familiar with the situation.
Estée Lauder said it would cut up to 7,000 jobs and warned of a steeper sales decline to start the new year. Shares tumbled more than 4% in early Tuesday trading. The cosmetics giant behind MAC ...
A stock is considered to be oversold if the RSI reading falls below 30. In trading on Tuesday, shares of Estee Lauder Cos., Inc. (Symbol: EL) entered into oversold territory, hitting an RSI ...
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 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 ...
Estée Lauder faces its next fraught rendezvous with Wall Street on Tuesday, when the struggling Fortune 500 beauty giant reports its latest quarterly earnings. But if its executives, including ...
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