Cosmetics company Estée Lauder is expected to cut 7000 jobs globally, which is more than its initial target of 3000, as a ...
China has added PVH, the American parent company of designer brands Calvin Klein and Tommy Hilfiger, to its “unreliable ...
Estée Lauder beat on both the top and bottom lines despite weak demand. See why EL stock is undervalued following a tough ...
Shares of makeup conglomerate Estee Lauder ( EL -0.13%) plunged 23% through Thursday trading this week, according to data from S&P Global Market Intelligence.
Estée Lauder stock has plunged since the pandemic. China sales have been weak, and the company is losing market share elsewhere. Management announced a turnaround plan, but it has yet to make a ...
Cosmetics giant Estée Lauder Estee Lauder announced a major restructuring plan on Tuesday that includes slashing up to 7,000 jobs as the company grapples with persistent demand weakness ...
NEW YORK (AP) — Estee Lauder may trim as many as 7,000 jobs by fiscal 2026, more than 11% of its workforce, after the global beauty cosmetics maker lost money in its most recent quarter as ...
Estée Lauder (NYSE: EL) might be known as a timeless brand in cosmetics, founded nearly 80 years ago, but lately, it's looking like the skincare and makeup giant is running out of time.