
The torch has been passed within the Lauder family. Jane Lauder, 36 years old, is replacing her father Ronald, 65 years old, on the board of directors of American cosmetics group Estée Lauder.
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The torch has been passed within the Lauder family. Jane Lauder, 36 years old, is replacing her father Ronald, 65 years old, on the board of directors of American cosmetics group Estée Lauder.
In the third quarter Estée Lauder saw its net results plunge by 70%, reaching $27.2 million. Its quarterly turnover shrank by 10% to $1.7 billion.
Estee Lauder Cos Inc is working to put more affordable products on store shelves for the 2009 holiday season and expects seasonal sales to be similar to those of a year earlier.
Estee Lauder Cos Inc reported a much higher-than-expected quarterly profit on Monday 4 May, helped by increased sales in Asia, sending shares up 3% in light, premarket trade.But the maker of Clinique and M.A.C.gave ...
Estee Lauder Companies Inc named a new chief executive on Thursday March 26, completing a succession plan first announced in November 2007.
US cosmetics company Estee Lauder said Thursday it would eliminate 2,000 jobs in a major streamlining after profits plunged in the latest quarter.
Cosmetics makers Estee Lauder Cos Inc and Elizabeth Arden Inc warned of disappointing quarterly profits and slashed their full-year outlooks, citing weak sales over the holiday shopping period.
Cosmetics maker Estee Lauder Cos Inc posted a better-than-expected quarterly profit on Tuesday on higher sales, but slashed its full-year outlook, citing a weak economy and stronger U.S. dollar.
US beauty products group Estee Lauder said Friday, November 9th it has recruited a Procter & Gamble executive for top positions that put him in line to succeed William Lauder as chief executive.
Cosmetics company Estee Lauder Cos. Inc. is seeing U.S. sales beginning to "normalize," Group President John Demsey told Reuters on Tuesday.Estee Lauder, like several other retailers, has battled weak sales in the p...