Estée Lauder Companies announced Wednesday that it was joining forces with Startup India, an Indian government programme that aims to strengthen the country’s innovation pipeline …
Companies
Shana Randhava is Latest Executive to Depart Estée Lauder Companies
Shana Randhava, the executive who spearheaded the creation of Estée Lauder Companies’ investment arm New Incubation Ventures (NIV), has left the company as it undergoes …
EU to Pare Back Sustainability Rules for Companies, Draft Shows
The European Commission plans to cut back the number of companies facing EU sustainability reporting requirements, as part of its drive to cut red tape …
Estée Lauder Companies Will Cut 7,000 Jobs as Sales Drop 6%
Estée Lauder on Tuesday expanded its restructuring plan that would include up to 7,000 job cuts and posted smaller-than-expected drop in second-quarter sales. Shares of …
Estée Lauder Companies Group President to Step Down
Peter Jueptner, the international group president of Estée Lauder Companies, will step down from his role on April 1 and depart the company on June …
Trump Targets Private Companies in DEI Rollback
In his first week in office President Trump has made good on his threats to dismantle diversity, equity and inclusion programmes — not just in …
US Bans Imports From 37 More Chinese Companies Over Uyghur Forced Labour
The United States has banned imports from another tranche of Chinese companies over alleged human-rights abuses involving the Uyghurs, targeting 37 textile, mining and solar …
The Best of BoF 2024: How Beauty’s Biggest Companies Fared in 2024
This year, the corporate rumblings of beauty’s top firms often produced bigger headlines than the brands they own. A high-stakes succession saga played out at …
Stéphane de La Faverie Named CEO of Estée Lauder Companies
Stéphane de La Faverie will succeed Fabrizo Freda on Jan. 1 2025 as chief executive and president of Estée Lauder Companies, the company confirmed today. …
Jane Lauder to Step Down at Estée Lauder Companies
The wheels of change continue to turn at Estée Lauder Companies. Jane Lauder — the granddaughter of Estée Lauder, the company’s founder — will step …
Estée Lauder Companies Names New West Coast Leadership
In its latest executive shuffle, Estée Lauder Companies has announced key leadership changes to its West Coast-based brands. Somer Tejwani will be promoted to SVP …
Estée Lauder Companies Announces Leadership Changes
Six weeks after announcing the retirement of CEO Fabrizio Freda, Estée Lauder Companies revealed another executive leadership transition today. The company’s North America group president …
Why Beauty Companies Keep Tinkering With Their Hit Products
Welcome to BoF’s Beauty Newsletter, featuring members-only analysis and the week’s top news from the front lines of the global beauty business. Subscribe here. NEW YORK, …
Estée Lauder Companies Names Akhil Shrivastava Executive Vice President, CFO
Estée Lauder Companies named Akhil Shrivastava executive vice president and chief financial officer, effective Nov. 1. Shrivastava succeeds Tracey Travis, who is set to retire …
For Struggling Public Companies, Going Private Is No Panacea
On Sunday, Puig filed to go public in Spain, betting that an infusion of capital and the “checks and balances” of a listed company structure …
BoF is One of the World’s Most Innovative Companies of 2024
NEW YORK — Hello from New York City where our team staged another successful BoF Professional Summit on Friday, this one examining how fast emerging …
Brazil Fashion Companies Arezzo and Soma Agree to a Merger
Brazilian fashion companies Arezzo and Grupo Soma said on Monday they had agreed a merger to form an entity with revenues of 12 billion reais …
Four Companies to Watch in This Week’s Earnings Bonanza
“Soft landing” and luxury’s “normalisation” are buzzwords for the fashion industry’s outlook in 2024. What people are really saying with those terms is that, in …
EU to Force Beauty Companies to Pay to Reduce Microplastic Pollution
Beauty companies will have to pay more to clean up microplastic pollution after EU negotiators struck a new deal to treat sewage. Under draft rules …
EU Agrees on Forced Labour, Environmental Harm Disclosures for Companies
Large companies in the European Union will have to identify and take remedial action if they find their supply chains employing child labour or damaging …