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Tag: Lauder
Estée Lauder Companies sales fall 10% as travel retail craters
[ad_1] To receive the Vogue Business newsletter, sign up here. Estée Lauder Companies (ELC) said Wednesday that first-quarter sales fell 10 per cent to $3.52 billion, due to slower-than-expected recovery…
Estée Lauder slashes outlook on slow China recovery and Israel-Hamas war
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Estée Lauder shares plunged after the US cosmetics group…
Estée Lauder Companies reports disappointing first quarter as Asia travel sales drag
[ad_1] The Estée Lauder Companies (ELC) has seen a disappointing start to its 2024 financial year, after reporting a double digit sales decline for Q1. Net sales…
Estee Lauder, Canada Goose slash annual targets as China recovery falters
[ad_1] [1/2]An Estee Lauder cosmetics counter is seen in Los Angeles, California, U.S., August 19, 2019. REUTERS/Lucy Nicholson/File Photo Acquire Licensing Rights Nov 1 (Reuters) – Estee Lauder (EL.N) and…
Estee Lauder, Vale and Qualcomm among losers from slow China recovery
[ad_1] TOKYO — Shares in companies doing business in China that had been bolstered by hopes of a post-zero-COVID boom in the world’s second-largest economy are slumping on weak economic…
Estee Lauder stock tanks as company cuts sales outlook
[ad_1] Estee Lauder’s (EL) stock tumbled on Wednesday as the company lowered its expectations for sales in 2023. Adjusted earnings per share for the company’s fiscal third quarter fell 75% from the…
Estee Lauder sinks after dour 2023 view on slow Asia travel retail
[ad_1] Estee Lauder on Wednesday (May 3) forecast a bigger drop in full-year sales and profit, disappointing the Wall Street that was expecting better results on rebounding travel retail after…
Home Depot, the Kellogg Company, Estee Lauder, and Mars Wrigley to Deliver Retail Data Insights at Analytics Unite
[ad_1] Analytics Unite, the Summit for Retail and Consumer Brands — co-hosted by CGT and sister company RIS, subsidiaries of EnsembleIQ — has unveiled key speakers for its 2023 conference…