
Estee Lauder said on Thursday that full-year sales would fall more than it had forecast, hurt by a stronger dollar and slowing growth in Hong Kong and China.
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Estee Lauder said on Thursday that full-year sales would fall more than it had forecast, hurt by a stronger dollar and slowing growth in Hong Kong and China.
A spokesmodel for the cosmetics brand since March 2014, the American model and actress represents the new Illuminating Nudes collection in a new campaign.
Estee Lauder bought French luxury perfume brand Editions de Parfums Frédéric Malle, its third acquisition in less than a month as the company looks to boost its portfolio of high-end luxury perfumes and skin care brands.
U.S. cosmetics company Estee Lauder cut its full-year profit and sales growth forecast, hurt by weak demand in its key markets, sending its shares down 4 percent in premarket trading.
The American cosmetics group has just acquired Rodin Olio Lusso, a high-end skincare brand founded by model Linda Rodin. It is the company’s second acquisition this month following Le Labo.
Estée Lauder is acquiring the fragrance brand Le Labo, which was founded in 2006 by Edouard Roschi and Fabrice Penot.
Estee Lauder reported a better-than-expected third-quarter adjusted profit as demand for its skincare products and prestige beauty brands rose globally.
In the first quarter, the eyewear company saw net profit jump by 23% to 16.5 million euros, while sales fell 1.3% to 293.2 million euros, suffering under the impact of exchange rates.
Estée Lauder Comapnies Estée Lauder Companies has named Christopher C. Giglio as vice president of global corporate communications, appointment effective from April 28, 2014.
Estée Lauder reported an 84 percent rise in fourth-quarter profit, helped by strong sales of its skin care and makeup products and improved operating margins, sending its shares up as much as 5 percent.