By Reuters Published November 6, 2024 Coty on Wednesday said it expects annual profit to come in at the low end of its forecast, as weak demand for beauty products …
By Reuters Published November 6, 2024 Elf Beauty raised its forecasts for annual sales and profit on Wednesday, betting on its efforts to sell cosmetics such as lip oil and …
By Reuters Published November 5, 2024 Elf Beauty is likely to report revenue growth of nearly 33% for the second quarter, bucking weak demand in the industry as its inexpensive …
By Bloomberg Published November 4, 2024 When LVMH CEO Bernard Arnault toured China in June last year, he visited a five-story site in Beijing where the company’s top brand Louis Vuitton planned to open …
By Reuters Published October 31, 2024 Estee Lauder shares slumped as much as 27% on Thursday, after it pulled its annual sales and profit forecasts and cut its dividend as …
Translated by Roberta HERRERA Published October 29, 2024 As it prepares to release its quarterly results on October 31, U.S. cosmetics group Estée Lauder is announcing another high-profile departure: Jane …
By Reuters Published October 28, 2024 Cosmetics giant Estee Lauder has picked senior executive Stéphane de La Faverie to take over as its CEO, the Wall Street Journal reported on …
By Bloomberg Published October 27, 2024 China’s growing consumer frugality has led to yet another quarter of sluggish earnings for some global brands, but turbocharged growth for their local rivals. …
Published October 21, 2024 Neiman Marcus announced on Monday Leonard A. Lauder, chairman emeritus of The Estée Lauder Companies, as the recipient of the Neiman Marcus Award for Distinguished Service in …
Published October 9, 2024 Fashion superstar Tom Ford is to receive the Outstanding Achievement Award at The Fashion Awards in December with the designer — who’s also a businessman and …