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A service for energy industry professionals · Sunday, May 4, 2025 · 809,392,663 Articles · 3+ Million Readers

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Published on May 3, 2025

Estee Lauder Layoffs: Luxury Beauty Giant Cuts 2,600 Jobs Amid Sales Decline

Estee Lauder, the renowned US-based luxury beauty and skin care company, has initiated a significant round of layoffs, cutting 2,600 employees as part of a broader plan to eliminate up to 7,000 jobs globally. This move comes in response to a sharp 10% drop …

Source: Techstory - Neutral
Published on May 2, 2025

Estée Lauder's Beauty Gains Can't Offset Global Headwinds, Says Analyst

Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on the shares of Estée Lauder Companies Inc EL and lowered the price forecast from $76.00 to $66.00. Estée Lauder delivered a strong third-quarter earnings beat, driven by …

Source: Benzinga - Neutral
Published on May 2, 2025

Estée Lauder's Beauty Gains Can't Offset Global Headwinds, Says Analyst

Source: Benzinga - Neutral
Published on May 2, 2025

Boots new €44 beauty box sees Estee Lauder and No7 products under €4 each

Boots is renowned for its highly sought-after beauty boxes, and the retailer's latest is the new Self Care Beauty Box, valued at €170 but priced at €44. It offers an opportunity to indulge in much-deserved wellness rituals while saving over €120 on the …

Source: Galway Beo - Pending
Published on May 2, 2025

The Estée Lauder Companies’ results remain weak in the third quarter

On Thursday, May 1, the U.S. cosmetics giant reported another quarter of disappointing results, primarily attributed to sluggish consumer spending. From January to March, the third quarter of the group’s staggered fiscal year, The Estée Lauder Companies’ …

Source: Premium Beauty News - Pending
Published on May 2, 2025

Estee Lauder Layoffs: Luxury Beauty and Skin Care Giant Lays Off 2,600 Employees out of Its Target of Cutting 7,000 Jobs ...

New York, May 2: Estee Lauder, a US-based global beauty company, has started implementing layoffs affecting thousands of employees. The Estee Lauder layoffs have affected 2,600 employees out of the company's target of 7,000 people due to a sales drop. …

Source: Latestly - Indeterminate
Published on May 2, 2025

Estee Lauder's Fiscal 2025 Sales Outlook Disappoints: Retail Mood Turns Optimistic On Q1 Beat

The company said it will proceed with its previously announced restructuring plan that includes thousands of job cuts. Cosmetics giant Estee Lauder (EL) forecast its fiscal 2025 sales below Wall Street expectations on Thursday, signalling continued …

Source: myMotherLode - Pending
Published on May 2, 2025

Estée Lauder Brings Skin Longevity Concept to Costa Rica

Estée Lauder is taking its experiential wellness concept, the Skin Longevity Institute, global. The tri-axis beauty brand is opening the next iteration of the institute at Hacienda AltaGracia, an Auberge resort in Costa Rica. It will offer a range of skin …

Source: WWD - New York - Pending
Published on May 2, 2025

Q3 travel retail down -28% for The Estée Lauder Companies as internal share slips to low teens

The Estée Lauder Companies has spelled out the stern challenges facing the group’s travel retail business following a -28% year-on-year Q3 slump in the channel, saying that worse is to come in Q4. However, the US beauty group believes a “strategic reset” …

Source: The Moodie Davitt Report - Neutral
Published on May 2, 2025

Estée Lauder predicts 2026 sales rebound after challenging year

By Bloomberg Published May 1, 2025 Estée Lauder Companies Inc. expects to return to sales growth in 2026, even as it faces a sharper revenue decline than anticipated this year. The beauty group behind brands such as The Ordinary and Clinique forecasts an …

Source: FashionNetwork India - Neutral