The Estée Lauder Companies' net sales decreased by 6% to $4 billion in the second quarter ended 31 December 2024 (fiscal 2025 Q2), with organic net sales also falling by 6% (yoy).
A new Executive team and structure supports ELC's ‘Beauty Reimagined’ action plan—and includes a new Packaging & Engineering leader. Stéphane de La Faverie, President and CEO of The Estée Lauder ...
The company is also looking to hire externally for two roles — chief digital marketing officer and chief technology, data, and analytics officer — as the company looks to invest further in technology, ...
Beauty giant Estee Lauder (NYSE:EL) is undertaking a major restructuring of its regional organization, which will result in as many as 7,000 job cuts.
The results reflect challenging retail environments and a decline in the global travel retail business, particularly in Asia/Pacific ...
One month into his new position, Stéphane de La Faverie, president and chief executive officer of the Estée Lauder Cos., is beginning to make his mark by building out his bench. So far the shakeup ...
Stéphane de La Faverie, President and CEO of The Estée Lauder Companies today announced the Company’s new organizational structure and Executive Team, to lead the Beauty Reimagined vision and action ...
Matthew Growdon will lead an evolved Asia-Pacific region, excluding mainland China. Additionally, travel retail worldwide, led by Olivier Dubos, will report directly into Growdon. Graf ...
As the company’s sales fell 6 percent in the second quarter, the owner of namesake Estée Lauder, Jo Malone, Tom Ford, Clinique and more, announced plans to ramp up its restructuring program, from ...
Joy Fan will continue to lead the Company's business in mainland China. Matthew Growdon will lead an evolved Asia-Pacific region, excluding mainland China; additionally, Travel Retail Worldwide ...
Graf, Simon, English, Fan and Growdon will join the Executive team, reporting directly to de La Faverie. There will be no changes to the company’s external reporting approach. Leading ELC’s powerful ...