All Estee Lauder Companies articles
Upmarket beauty label Estée Lauder was founded in 1946 and is now one of the most recognised skincare and make-up brands. Headquartered in New York, the cosmetics giant, which owns 25 brands, now sells in around 250 countries across the globe. Big-name labels including Aveda, Bobbi Brown, Clinique, Mac and Origin are all luxury brands under the Estée Lauder umbrella.
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Retail Navigator Analysis
Estée Lauder Companies (Financials)
Estée Lauder Companies’ (ELC) continued to experience a decline in sales for the year ended 30 June 2024 (FY2023). Sales stepped back 1.9% to $15.61bn (£12.40bn) in what chief executive Fabrizio Freda called “a difficult year”.
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Retail Navigator Analysis
Estée Lauder Companies (Strategy)
Estée Lauder Companies announces Stéphane de La Faverie as its new chief executive replacing Fabrizio Freda who retires in 2025. De La Faverie plans to return the retailer to its “pre-eminent position as the leader in global prestige beauty”.
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Analysis
Are Estée Lauder’s struggles a sign the good times might be over for UK beauty retail?
As global cosmetics giant Estée Lauder Companies reported a fall in sales marked by a slowdown in prestige beauty sales, Retail Week explores if this should be a cause of concern for beauty retailers in the UK
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News
Estée Lauder CEO has announced retirement as sales and profits fall
Global cosmetics giant Estée Lauder Companies has reported a fall in sales and profit in the full year ending June 2024 as chief executive Fabrizio Freda announces his retirement.
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Data
Ranking: The 20 biggest beauty retailers dominating the UK market
The beauty market is as competitive as it is lucrative. To see who has the edge over others, we asked Retail Week sister brand Retail Navigator to reveal the biggest beauty retailers in the UK.
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Interview
Q&A: Jo Malone London’s global general manager on going after ‘untapped opportunities’
Retail Week sits down with Jo Malone London’s senior vice president and global general manager Jo Dancey to talk about all things perfume and signing British actor Tom Hardy as the face of its new advertising campaign
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News
Estée Lauder to cut roles as global sales decline
Global cosmetics giant, Estée Lauder Companies has confirmed restructuring plans as global sales declined in the three months to December 2023.
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News
No ‘major disruptions’ expected from Red Sea attacks, says Estée Lauder exec
Estée Lauder vice president of global supply chain planning Frank Maassen has said the beauty giant does not anticipate any “major disruptions” to customers as a result of the supply chain issues in the Red Sea.
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Analysis
What retailers can learn from EE, Lush and Estée Lauder’s latest tech investments
If the past year is indicative of change to come, we’re balanced on the cusp of cutting-edge technologies becoming a must-have, rather than a nice-to-have, for retailers keen to remain ahead of the curve
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News
M&S expands third-party beauty offering with Estée Lauder fragrances
Marks & Spencer has added Estée Lauder fragrances to its third-party beauty offering as it expands the category to attract new customers, according to The Times.
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Analysis
How are beauty retailers using tech to enhance customer experience?
From virtual stores to tech that can detect how different fragrances affect your brain, the world of beauty retail has always been ahead in adopting the latest trends in technology. Retail Week takes a look at some of the recent tech innovations helping beauty retailers drive sales.
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Innovation of the Week
Innovation of the Week: Estée Lauder launches sustainable store programme
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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Data
Forecast: The trends shaping health and beauty in 2023 and beyond
The Retail Week analyst team predicts the UK health and beauty market will grow at a compound annual growth rate (CAGR) of 3.9% to 2026/27 as retailers fight to gain market share in this lucrative category.
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Innovation of the Week
Innovation of the Week: Estée Lauder launches virtual Clinique Lab
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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Retail Navigator Analysis
Estée Lauder Companies (SWOT)
Any customer who has visited a beauty hall will have encountered an Esteé Lauder Companies (ELC) brand, it remains an important group to have onboard for most retailers in this sector.
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Retail Navigator People
Estée Lauder Companies (People)
The Estée Lauder Companies is a publicly traded, family-controlled company founded in 1946. It is run by chief executive Fabrizio Freda who plans to retire in 2025, with Stéphane de La Faverie set to join as CEO from 1 January 2025. Sue Fox is set to retire at the end of 2024, with senior vice president global marketing planning and transformation lead Pernilla Nyberg assuming the role from 1 January 2025.
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Retail Navigator Analysis
Estee Lauder Companies (Overview)
In 1946, Joseph and Estée Lauder began to produce their own cosmetics, selling a range of four lines into Manhattan salons.
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News
Exclusive: The Body Shop poaches Estée Lauder executive to helm UK
The Body Shop has appointed Estée Lauder’s Maddie Smith as its UK boss and further bolstered its top team with a new executive role for its current UK managing director Linda Campbell.
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News
Estée Lauder to axe 2,000 jobs as coronavirus hammers profits
Cosmetics giant Estée Lauder is cutting 2,000 jobs across the globe amid plans to close stores and department store beauty counters in the wake of the coronavirus crisis.
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News
In pictures: Debenhams and Estee Lauder’s new beauty hub
Estee Lauder has unveiled a multi-brand, tech-driven store-in-store in Debenhams’ Stevenage branch, with a further roll-out slated this year.