Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income ...
Estée Lauder Companies (EL -18.82%), a global leader in beauty products, reported its fiscal 2025 second-quarter earnings on ...
The beauty firm, which also owns several brands such as MAC, Clinique, and Jo Malone, informed last week that these job cuts ...
China has added PVH, the American parent company of designer brands Calvin Klein and Tommy Hilfiger, to its “unreliable ...
Shares in the Manhattan-based company, founded and controlled by New York’s Lauder family, plunged as much as 18% after Estée ...
Shares of Estée Lauder (NYSE:EL) are limping into Tuesday’s open after the company’s downbeat outlook into the current fiscal ...
The layoffs, which represent up to 11% of its global workforce, arrive alongside a restructuring plan that extends into the C-suite.
Estee Lauder announced on Tuesday that it plans to ... pave the way for "solid double-digit adjusted operating margin over the next few years" and help it "continue to manage external volatility ...
As the company’s sales fell 6 percent in the second quarter, the owner of namesake Estée Lauder, Jo Malone, Tom Ford, ...