On Thursday, the California-based artificial intelligence company OpenAI announced a partnership with Estée Lauder Companies, which has created 240 new generative pre-trained transformers, or GPTs, …
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Estée Lauder Withdraws Guidance, Cuts Dividends on China Uncertainties and New CEO
Estée Lauder Cos. pulled its guidance for the year, citing uncertainty over a new chief executive and weak demand in China. The New York-based company …
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. …
Report: Stéphane de La Faverie Named Estée Lauder CEO
Estée Lauder Companies’ succession strategy is shaping up. According to a report in The Wall Street Journal, Stéphane de La Faverie has been selected as …
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 …
Estée Lauder and Deciem Founder Take Battle for Beauty Brand to Court
TORONTO, Canada — A judge in Ontario could as soon as Friday decide the fate of Deciem, the company behind The Ordinary and other buzzy …
Estée Lauder to Boost Black Hiring and Donations After Employee Complaints
NEW YORK, United States — Estée Lauder plans to hire more black employees, buy more from black-owned businesses and expand diversity training programs after employees …
After Accusations of Racism, Estée Lauder Will Review Skin-Lightening Products
NEW YORK, United States — Estée Lauder Cos. is reviewing its beauty products as it tries to head off the kind of criticism aimed at rivals …
Estée Lauder Launches Balmain Fragrances
Balmain Beauty has arrived. A collection of eight fragrances, called Les Éternels de Balmain, are available today from a dedicated e-commerce site and select Balmain …
Estée Lauder Sees Annual Sales Below Estimates on China Weakness
Estée Lauder is forecasting annual revenue growth below analysts’ expectations, a sign that the cosmetics company’s long-awaited recovery has hit another roadblock. The company said …
Estée Lauder CEO Fabrizio Freda to Retire
Fabrizio Freda, the Estée Lauder Companies longtime chief executive officer, intends to retire at the end of the 2025 fiscal year, the company announced today. …
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 …
Estée Lauder CFO Tracey Travis Set to Retire
Tracey Travis, the chief financial officer of Estée Lauder Companies, is set to retire, the beauty conglomerate announced on Thursday. Travis, who has been in …
Report: L’Oréal, Estée Lauder Perfumes Linked to Child Labour
Jasmine flowers picked by children were used by perfume suppliers to L’Oréal and Estée Lauder brands, a BBC Eye Investigations report has found. The investigation …
Estée Lauder Grows Sales, But Still Hasn’t Solved Its China Problem
After a year of declines, Estée Lauder is looking up. On Wednesday, the Estée Lauder Companies reported a five percent net sales increase to $3.94 …
Estée Lauder Tempers Sales View Despite US, China Recovery
Estée Lauder lowered its annual organic sales estimate on persistent softness in Mainland China’s prestige beauty space, even as a demand rebound in the US …
Leaders from Estée Lauder, Sephora, Sol de Janeiro and VMG Partners Join The Business of Beauty Global Awards Jury
Today, The Business of Fashion is delighted to reveal the all-star jury of top industry leaders for The Business of Beauty Global Awards, honouring the …
Estée Lauder Announces Collaboration With Sabyasachi
Estée Lauder Companies unveiled its first collaboration with Indian couturier Sabyasachi Mukherjee on Wednesday. The collection, which has been three years in the making, features …