A misaligned marketing strategy? The inflationary economy? Or a casualty of an overcrowded beauty market? We examine why once-popular beauty brands can rapidly lose footing…
Prestige beauty player Estée Lauder has revealed the extent of its current challenges after posting fourth-quarter results showing that net sales declined by 10%, sending stock prices to a six-year low.
Beauty titan Estée Lauder Companies is expecting a slow recovery in China’s crucial travel retail hotspot of Hainan and does not anticipate things to be “fully back to normal” by the next fiscal year, said its CFO.
Beauty brands and associations have expressed widespread sympathies following the death of Queen Elizabeth II, paying tributes to her decades of public service.
The Estée Lauder Companies has put in place a six-month plan to recover the market share it has lost in China due to the COVID-19 pandemic disruptions that occurred in the first half of 2022.
The CEO of the Estée Lauder Companies has underlined his strong conviction in China’s beauty market despite a recent dip in performance and fears related to an economic recession.
Beauty major Estée Lauder Companies says it will be increasing its coverage across all channels in China this year to capitalise on the growth potential of its beauty market.
Estée Lauder Companies CEO has remarked on the strength of China’s beauty market, and said he was expecting it to grow by double-digits next year on the back of the acceleration of its online business.
Estée Lauder Companies-owned Smashbox has extended its partnership with global beauty tech provider Perfect Corp to become the first ever beauty brand to be paired up with the YouCam Artificial Intelligence (AI)-powered face analyzer technology.
After mold was found on some applicators of the brand’s Light Shifter Brightening Concealer, the company announced a product recall for all shades of the complexion product.
Makeup and skin care continue to do well for the company, while this quarter’s results were uniquely impacted by the recent US tax reform bill, and for the immediate future, the company is banking on digital marketing and prestige beauty.
Experiential retail, the travel blog phenomenon, and influencer marketing all seem to have converged for this latest consumer engagement initiative from the prestige beauty giant. It’s the first time Estée Lauder has teamed up with a travel company, and...
A new report from managed analytics company Ugam endeavors to answer that question by exploring the state of skin care online today and the valuable role statistical analysis can play in bettering a brand’s standing in the digital beauty marketplace.
The report highlights the beauty makers’ corporate responsibility goals and initiatives: “We believe that citizenship and sustainability are essential to our success as a business and our responsibilities as a global company.”
Following the success of her recently released makeup collection with beauty giant Estée Lauder, Victoria Beckham is reportedly looking to expand her presence in beauty, and move into skin care.
It was less than a month ago Cosmetics Design reported that Estée Lauder was acquiring makeup company brand BECCA Cosmetics. That deal is now final, and the company’s prestige market share is all the stronger for it.
This week Estée Lauder announced that it will pay over $1bn for the millennial-facing color cosmetics brand—a deal that will likely be complete by the end of the year.
Late last week the global beauty maker announced that it is buying prestige color cosmetics and complexion product company Becca. And things are expected to wrap up quickly; Estée Lauder anticipates closing the deal next month.
Twenty months after acquiring GlamGlow, the Estée Lauder Companies has restructured its executive leadership in a bid to keep the skin care brand buzzing.
Late last week the beauty and fragrance manufacturer announced its most recent financial results, with sales up in all categories, makeup performing best, and a net sales increase across the region—in Canada, the States, and Latin America.
The beauty company’s search for a new space is underway as two of its key leases in New York City are set to expire, according to real estate industry media.
Estee Lauder’s UK & Ireland operation has appointed Janet Saunders to the newly created position of Commercial Vice President/ General Manager, as it looks to leverage further opportunities across its portfolio.
Estée Lauder has long looked to acquisitions to strengthen its position in the cosmetics market and it will be hoping to do so in the fragrance sector with the acquisition of Paris-based fragrance firm By Kilian.
Long-established Korean beauty brands are having to adapt their approach to court younger consumers, to avoid missing out on the huge growth potential they offer the sector.
Estée Lauder has championed its business in Europe after first quarter results were positive and almost every EMEA market posted double-digit growth, as the weak euro attracted many travellers to purchase in the region.
Estee Lauder saw sales and earnings drop in the fourth quarter mainly due to a big drop in skin care as some of its heritage brands come up against big challenges attracting consumers.
Estée Lauder was powering ahead of its competitors with breakneck speed until recently, but an analyst’s note underlines the need to spend more on promotional activities to secure a return to growth.
The trademark infringement case is finally over, with 'Get Your MAC On LLC' being ordered by an Arizona federal judge to pay Estée Lauder over $1.8 million for the distribution of counterfeit products.
The trend for natural hair and skin oils has been making waves for the past couple of years, but following Estée Lauder's acquisition of Rodin olio lusso last November, oils are well and truly on the radar.
Estée Lauder has reiterated its foray into the digital space as it looks to push its brands forward, launching The Estée Edit in July and the blog/personalized shopping experience appears to be making its mark.
As many of the leading cosmetics and personal care players emerge from the economic downturn relatively unscathed, it seems that now looks like a good time to go corporate shopping.
With margins for skin care and make-up sales reported to be relatively higher than other segments, Estèe Lauder particularly stands to see success if it further invests in these two areas that already account for more than 80% of its' annual revenues.
Estée Lauder has been highlighted as one major international brand which has made particularly strong headway in the emerging markets, and is reportedly now looking to further strengthen its sales by focusing on male grooming.
The rumour mill is in full swing but it is not too ridiculous to suggest that Estée Lauder could be ripe to join the acquisition trail given its history and the current state of the market. It is not exactly out of character for the big players either…
Estée Lauder reported a 3% decline in earnings for its second quarter as higher sales, among which were in the U.S. and Americas, were more than offset by an increase in operating expenses as well as softer-than-expected demand in some markets.
Following on from its continued strong performance so far this year and predictions that further growth is on the cards, a number of industry analysts and banks have indicated their favorable opinion on the company’s performance.
The luxury cosmetic giant is back in the courts, this time finding itself under the spotlight as a consumer takes it to task over anti-aging claims for the its' Advanced Night Repair skin care serum.
As consumers continue to invest in the most convenient regimes, particularly with beauty, intelligent imaging provider Taaz is working with colour cosmetic brands to offer customized solutions, which is in turn boosting their online sales.
US beauty behemoth Estée Lauder has announced two organisational changes in its global human resources department and for the North American Clinique brand.
Estée Lauder has been a long time front runner when it comes to social media in the cosmetics industry, and it has now upped the ante with its MAC Cosmetics brand by getting employees to add a more personal touch.
e-Commerce has always been a strong channel for cosmetics giant Estée Lauder and the New York-based company sees no reason for this to change in the coming years.
Cosmetics giant Estée Lauder states that the future looks bright for its online business and will continue to grow in the digital arena as an integral part of the company’s marketing efforts.
A resurgence in skin care sales and a good performance in the US helped cosmetics giant Estée Lauder post an increase in profit for its third quarter ended March 31, 2012.
A Ukrainian model has filed a lawsuit Manhattan federal court against LASplash Cosmetics, seeking $25m for what she cites is an ‘unauthorized’ use of her image.
Cosmetics Design presents it latest round up of the movers and shakers in the cosmetics industry, including appointments at Estée Lauder, Kao and Hallstar.
![Estée Lauder is expecting a slow recovery in China’s crucial travel retail hotspot of Hainan. [Estée Lauder]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/estee-lauder-anticipates-hainan-recovery-in-fiscal-2024-cfo/15925370-1-eng-GB/Estee-Lauder-anticipates-Hainan-recovery-in-fiscal-2024-CFO.jpg)
![Leading beauty majors and associations have expressed condolences following the death of Queen Elizabeth II on September 8, 2022 [Image: Royal Family]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/09/09/queen-elizabeth-ii-dies-september-8-2022-beauty-industry-expresses-deep-sadness-and-condolences/15755004-1-eng-GB/Queen-Elizabeth-II-dies-September-8-2022-beauty-industry-expresses-deep-sadness-and-condolences.jpg)
![Estée Lauder aims to recover the market share it has lost in China due to the COVID-19 pandemic disruptions. [Estée Lauder]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/estee-lauder-outlines-six-month-strategy-to-recoup-market-share-loss-in-china/15704091-1-eng-GB/Estee-Lauder-outlines-six-month-strategy-to-recoup-market-share-loss-in-China.jpg)
![Estée Lauder has underlined his strong conviction in China’s beauty market [Estée Lauder]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/estee-lauder-ceo-remains-enthusiastic-about-china-despite-growing-concerns/15424813-1-eng-GB/Estee-Lauder-CEO-remains-enthusiastic-about-China-despite-growing-concerns.jpg)
![Estée Lauder Companies says it will be increasing its coverage across all channels in China this year. [Estée Lauder]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/estee-lauder-china-preparing-to-increase-presence-across-all-retail-channels/13235929-1-eng-GB/Estee-Lauder-China-preparing-to-increase-presence-across-all-retail-channels.jpg)
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