Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income ...
The cosmetics company has been struggling with weak demand, especially in Asia.
The downsizing is happening after the company announced it expects net sales to tumble 10% to 12% through the first three ...
Estee Lauder's (EL) outlook for third-quarter earnings fell well short of Wall Street's estimates as the cosmetic company expects sales pressure to intensify amid Asia Pacific demand challenges. It ...
Cosmetics company Estee Lauder (EL) saw its stock plummet on Tuesday after announcing plans to cut up to 7,000 jobs. The ...
Estée Lauder faces its next fraught rendezvous with Wall Street on Tuesday, when the struggling Fortune 500 beauty giant ...
D.A. Davidson analyst Linda Bolton Weiser maintained a Buy rating on WD-40 Company (WDFC – Research Report) today and set a price target of ...
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HONG KONG, Jan 22 (Reuters) - Morgan Stanley's (MS.N), opens new tab top-performing investment bankers and traders in Asia will see ... Consumercategory Estee Lauder plans more job cuts as weak ...
The Obama administration did try to boost U.S. economic ties with Southeast Asia in 2016 by forging the Trans-Pacific Partnership ... a BRI alternative. U.S. companies and other major ...