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Additionally, Estée Lauder is losing market share to more nimble competitors like e.l.f. Beauty, and department stores, a traditional mainstay in the cosmetics retail and close partner of Estée ...
Here's a look at Estée Lauder after a disappointing 2024.
With social media driving demand for novelty, younger, nimbler brands have been capitalizing. e.l.f Beauty, for instance, has nearly quadrupled in sales since 2020, becoming a billion-dollar brand ...
The Estée Lauder Companies Inc. (/ ˈ ɛ s t eɪ ˈ l ɔː d ər / EST-ay LAW-dər; stylized as ESTĒE LAUDER) is an American multinational cosmetics company, a manufacturer and marketer of makeup, skincare, perfume, and hair care products, based in Midtown Manhattan, New York City. It is the second largest cosmetics company in the world after ...
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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 reported a 6% sales slump.