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Fabrizio Freda

Estee Lauder forecasts bleak annual results; CEO Freda to depart

by Lionel Rogers
Estee Lauder forecasts bleak annual results; CEO Freda to depart

By Reuters Published Aug 19, 2024 Estee Lauder forecast annual profit and sales below estimates as the global beauty market struggles with slowing demand mainly in the China market and said CEO Fabrizio …

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Estee Lauder forecasts bleak annual results; CEO Freda to depart

by Ron Morgan
Estee Lauder forecasts bleak annual results; CEO Freda to depart

Fabrizio Freda, President and CEO of Estee Lauder. Getty Images Estee Lauder forecast annual profit and sales below estimates as the global beauty market struggles with slowing demand mainly in …

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Estée Lauder cuts revenue outlook as challenges in China persist

by Lionel Rogers
Estée Lauder cuts revenue outlook as challenges in China persist

By Bloomberg Published May 1, 2024 Estée Lauder Cos. lowered its revenue outlook for the remainder of the year as the company faces lackluster demand for its high-end products in …

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Clinique launches in the U.S. Amazon premium beauty store

by David Johnson
Clinique launches in the U.S. Amazon premium beauty store

Dermatologist-backed skincare and makeup brand Clinique announced on Wednesday its debut on the U.S. Amazon Premium Beauty store. Clinique launches in the U.S. Amazon premium beauty store. – Clinique Clinique …

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Gucci’s China shock reverberates across the luxury landscape

by David Johnson
Gucci’s China shock reverberates across the luxury landscape

By Bloomberg Published Mar 24, 2024 Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of …

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Estée Lauder CEO ‘not going anywhere’ despite 40% drop in shares

by David Johnson
Estée Lauder CEO ‘not going anywhere’ despite 40% drop in shares

By Bloomberg Published Feb 6, 2024 The CEO of Estée Lauder Cos. defended his tenure at the helm of the beauty company and said his turnaround plan is already on …

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Estée Lauder surges on plan to cut up to 5% of workforce

by Lionel Rogers
Estée Lauder surges on plan to cut up to 5% of workforce

By Bloomberg Published Feb 5, 2024 Estée Lauder Cos. said it’s cutting as many as 3,000 positions as part of a restructuring plan to put one of the world’s largest …

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Estée Lauder lowers outlook on China weakness, Israel-Hamas war risk

by Lionel Rogers
Estée Lauder lowers outlook on China weakness, Israel-Hamas war risk

By Bloomberg Published Nov 2, 2023 Estée Lauder Cos. lowered its full-year outlook citing continued weakness in Asia travel retail and in mainland China, as well as risks to its …

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ESG hasn’t gone away, but execs have changed how they talk about it

by Walter Watson
ESG hasn’t gone away, but execs have changed how they talk about it

Companies may be shifting how they frame their social responsibility efforts to the outside world. Around the world, the use of the term “ESG” — the acronym for environmental, social …

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