It is alleged that the beauty giant is reportedly mulling a deal to offload all three brands, according to a new report, as it continues with its ongoing ‘Profit Recovery and Growth Plan’ ...
Estée Lauder’s plan to sell Smashbox, Too Faced and Dr Jart+ marks the end of an acquisition era and the start of a leaner, ...
Estee Lauder (NYSE: EL) stock price rose almost 1.7x from $130 at 2018 end to around $217 currently, primarily due to favorable changes in its P/S multiple. During this period, the company also ...
Investing.com -- Raymond James lifted Estee Lauder to Strong Buy from Market Perform, arguing that the company’s turnaround ...
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Estee Lauder to cut up to 7,000 jobs
Estee Lauder announced on Tuesday that it plans to slash up to 7,000 positions from its workforce. The cosmetics company said it will eliminate a net of 5,800 to 7,000 roles as it unveiled an updated ...
Estée Lauder has been a beauty brand name since the 1940s—but now, nearly 100 years later, it’s also the parent company of 24 global brands across skincare, makeup, and perfume, including Aveda, ...
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