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Estee Lauder Companies Inc.

www.esteelauder.com

Latest From Estee Lauder Companies Inc.

Revlon Doubles China Biz, Grows E-Commerce 66%; But Alas, North America

On the bright side in North America, the Revlon brand has reclaimed its lead in the US mass lip segment, and both Revlon and Almay are off to strong starts in the fourth quarter, company leadership says. The firm continues to build the international and digital sides of its business in search of sustainable growth outside of Elizabeth Arden.

Beauty Sales & Earnings

Beiersdorf Making Strategic Moves In Natural Skin Care, China, Digital; Better Late Than Never?

The German firm’s sales increased 6% over the first nine months of fiscal 2019, led by La Prairie luxury, but its mass-market business remains a strategic priority. Bigger digital investments, natural skin-care launches and a sharpened focus on Nivea development in China should help spur growth in the segment.

Beauty Sales & Earnings

Lauder Defies Specter Of China, Travel Retail Slowdowns, Raises FY 2020 Sales Targets

Lauder is responding to shifting trends with greater agility than ever while leveraging enhanced data analytics and consumer insight to innovate ahead of the curve, leadership says. Following 11% constant-currency growth in the fiscal 2020 first quarter, the firm is forecasting 8% to 9% net sales gains for the full year.
Beauty Sales & Earnings

Industry Braces For Holiday Tariff Impacts As US-China Trade War Continues

“With some products facing tariffs as high as 30%, many businesses will have no choice but to pass along those costs to consumers,” an industry coalition called Americans for Free Trade asserted in an August letter to President Donald Trump in response to proposed escalations of tariffs on Chinese goods. “Price increases will likely hit shoppers just as they are making their holiday purchases,” the group noted.

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