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Estée Lauder is trying to fast-track premium products. But it’s cutting jobs, and is the S&P 500’s worst performer today.Estée Lauder Cos. on Tuesday announced plans to cut thousands of jobs and speed up its product development to reclaim relevance in higher-end beauty, after the company swung to a quarterly loss ...
Puig , the Spanish beauty company behind perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier, expects revenue growth to slow to 6%-8% this year following an 11% increase in sales in 2024.
Estée Lauder Companies said Monday that it plans to cut 3% to 5% of its positions as part of a restructuring program that will begin during the company’s 2024 fiscal third quarter. This ...
Along with a colleague, she won a Best in Business award from the Society for Advancing Business Editing and Writing, or Sabew, for their 2023 feature “The Estée Lauder Family Built a Beauty ...
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Rabanne owner Puig expects slower sales growth in 2025MADRID (Reuters) -Puig ... Larger rivals such as L'Oreal and Estee Lauder reported slower sales in 2024 due to weak Chinese demand and persistent inflation in the United States, which also ...
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