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Estée Lauder said it would adopt a “more competitive approach” to procurement by consolidating its spending and re-evaluating its suppliers.
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 shares plunged more than 20% on Thursday after the cosmetics giant withdrew its full-year earnings forecast and revealed weak demand for its luxury fragrance and cosmetic products.
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 is one of the world's leading cosmetic companies. To date, the company is worth billions and has over 20 brands under its name. Today, Estée Lauder sells a large line of ...
Estee Lauder Cos (EL) shares gained 3.6% on Thursday following a new leadership appointment and a price target hike. The ...
Finally, Estee Lauder withdrawing its 2025 guidance cutting its quarterly dividend by 47% citing uncertainty in Asia markets and previously announced C-suite shakeup. The company's new CEO ...
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.
As consumers of beauty products upgrade for supposedly higher-quality ingredients, efficacy, and services, Estee Lauder, a leading supplier of high-end beauty products, is anticipated to profit ...
Estée Lauder EL3.64%increase; green up pointing triangle said Friday it has incurred $366 million in costs so far related to its two-year restructuring plan out of the total $500 million to $700 ...