Estee Lauder

Estée Lauder Forecasts Bleak Quarterly Profit, To Cut Up To 7,000 Jobs

Estée Lauder forecast third-quarter profit well below estimates, while also expanding its restructuring plan to include up to 7,000 job cuts.

Estée Lauder Is Reviewing Portfolio Amid Management Change: Report

Estée Lauder is reviewing its portfolio of beauty brands, which could potentially lead to the sale of some of the labels, Bloomberg News reported on...

Estée Lauder Names Insider de La Faverie As New CEO To Kickstart Turnaround

Estée Lauder named insider Stephane de La Faverie its new CEO, as the company looks to revamp its business amid falling demand for cosmetics and pre...

Coty Misses Revenue Estimates On Cautious Retail Orders, Lacoste License Sale

CoverGirl parent Coty missed fourth-quarter revenue expectations, impacted by its divestiture of Lacoste fragrance license and controlled orders from cauti...

Estée Lauder Sees Bleak 2025 Results; CEO Fabrizio Freda To Retire

MAC lipstick maker Estée Lauder forecast 2025 profit and sales below estimates and said long-time CEO Fabrizio Freda was retiring.

Estée Lauder Finance Chief Tracey Travis To Depart Next Year

Estée Lauder has announced that Tracey Travis would be stepping down and retiring from her 12-year role as the MAC lipstick maker's financ...

Estée Lauder Lifts Annual Profit View On US, China Demand Recovery

Estée Lauder raised its annual profit forecast and beat Wall Street targets for third-quarter sales as demand for the MAC lipstick maker's higher-pr...