Cosmetics Business2h
Everything we know about Estée Lauder Companies’ job cuts, results and profit recovery plans
ELC’s new President and CEO Stéphane de La Faverie, who stepped into the role in January, has also unveiled his vision to ...
Estée Lauder sinks nearly 20% on weak quarterly sales; plans to slash up to 7,000 jobs
Shares in the Manhattan-based company, founded and controlled by New York’s Lauder family, plunged as much as 18% after Estée ...
Estée Lauder outlines Beauty Reimagined strategy, targets double-digit operating margin recovery
By category, skincare organic net sales declined 12% as challenges in Asia Pacific and travel retail overshadowed growth in the Americas. Fragrance net sales increased 2%, led by strong double-digit ...
Estee Lauder to cut up to 7,000 jobs as sales slide
Estee Lauder said it’s expanding its restructuring plan to include job cuts anywhere from 5,800 to 7,000 by fiscal 2026 as ...
Estee Lauder restructures, announcing up to 7,000 job cuts
Beauty giant Estee Lauder (NYSE:EL) is undertaking a major restructuring of its regional organization, which will result in as many as 7,000 job cuts.
Estee Lauder expands restructuring plan, to cut up to 7,000 jobs
Estee Lauder on Tuesday expanded a restructuring plan under its new CEO that would now include up to 7,000 job cuts, while ...