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Tit-for-tat tariffs add to peril for global brands as consumers favour high-quality domestic rivals amid a spending slump, analysts say.
NEW YORK, Feb. 4 (Xinhua) -- Estee Lauder, the U.S. multinational cosmetics company manufacturing and marketing makeup, skincare, perfume and hair care products, may trim as many as 7,000 jobs by fiscal 2026, more than 11 percent of its workforce, after it lost money in its most recent quarter as reported a 6 percent sales slump.
Tom Ford, a brand long associated with the sexy, glamorous aesthetic of its eponymous founder, has a new creative director: Haider Ackermann, who has big shoes to fill.
Social media has been inundated with demands for brands to drop the actor as their celebrity ambassador.
The potential deal would be Estee Lauder Companies Inc's biggest acquisition ever, in what could be a US$3bil (RM13.4bil) deal.
(Reuters) -Cosmetics maker Estee Lauder on Tuesday said a hacker had obtained some data from its systems, with the cyber incident causing, and expected to further cause, disruption to parts of the company's business operations.
Estée Lauder Cos chief financial officer Tracey Travis has defended the beauty company’s plans to turn around its business and cited “unprecedented volatility” as executives cut the outlook for the fourth time in the last 12 months.
Acquiring control of the Tom Ford fashion business will give Zegna space to expand internationally and provide it with a new customer base.
THIRTY years ago, the late Evelyn H. Lauder founded The Estée Lauder Companies’ Breast Cancer Campaign with the goal of uniting and inspiring a global movement. She co-created the iconic Pink Ribbon – a symbol of unity and commitment to help create a breast cancer-free world for all.
Estee Lauder (EL) Cos Inc has agreed to buy U.S. fashion label Tom Ford for US$2.8bil (RM12.6bil), its biggest deal yet, adding a line of beauty products and apparel to the Clinique brand owner’s portfolio.
Iris Apfel was so known for her eclectic personal style, which combined flea market finds with haute couture, that the Metropolitan Museum of Art organised an exhibition of her wardrobe in 2005.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Sunday (Feb 16, 2025)
(Reuters) - Richard D. Parsons, a longtime banking executive who took the helm of Time Warner during a troubled time for the communications company and who helped Citigroup navigate the financial crisis, died on Thursday at age 76.
Estee Lauder is participating in Decentraland's Metaverse Art Week. Presence in the metaverse is seen as a novel way for beauty brands to express themselves.
Duty-free spending slumped 29.3% last year in China's island province of Hainan, where global luxury players from LVMH to Kering have set up shop, as a weak economy led to a sharp drop in numbers of domestic visitors.
SHANGHAI, Nov. 6 (Xinhua) -- A total of 80 enterprises and organizations have signed up for the 8th China International Import Expo (CIIE) next year, showcasing the strong confidence that global businesses have in the event.
Estee Lauder’s new Advanced Night Repair Synchronized Multi-Recovery Complex serum renews and repairs the skin in just three weeks.
As President-elect Donald Trump completes his Cabinet nominations, still subject to legislative approval after January 2025, the policy intentions of his second term has become relatively clear.
A growing number of Europeans and citizens of other countries are choosing not to buy American products to demonstrate their anger at President Trump's policies.
As the seasons in other parts of the world change, so do makeup trends, which has a ripple effect on the rest of the globe. Check out the latest trends to make waves in the beauty industry.
