Massive Job Cuts At Estée Lauder, Up To 11% Or 7,000 Employees, After Quarterly Sales Decline 6%
Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income ...
Estée Lauder Companies’ (EL) Market Perform Rating Reaffirmed at Telsey Advisory Group
Estée Lauder Companies (NYSE:EL – Get Free Report)‘s stock had its “market perform” rating reaffirmed by equities researchers ...
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cdf Sanya International Duty Free Shopping Complex promotional flurry proves a CNY hit
The complex welcomed over 300,000 visitors during the first five days (28 January to 1 February) of Chinese New Year holiday, logging 76,000 visits on 1 February alone.
Evercore ISI Sticks to Its Buy Rating for The Estée Lauder Companies (EL)
Evercore ISI analyst Robert Ottenstein maintained a Buy rating on The Estée Lauder Companies (EL – Research Report) yesterday and set a price ...
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Estee Lauder, parent company to MAC and other brands, to cut thousands of jobs
Estee Lauder may trim more than 11% of its workforce after the global beauty cosmetics maker lost money in its most recent ...
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Estée Lauder cuts 7,000 jobs amid restructuring
The company anticipates restructuring and other charges of between $1.2bn and $1.6bn as it overhauls the business.
Popular beauty brand makes startling announcement about mass layoffs
The global powerhouse announced thousands of employees will lose their jobs amid declining sales and the company will enact a ...