Why is that? Well, Estee Lauder’s revenues would face a significant challenge due to lower consumer spending, amid higher ...
Estee Lauder's overexposure to China is being mitigated, with long-term fundamentals and consumer trends showing signs of improvement. Despite short-term challenges, Estee Lauder's valuation ...
(Bloomberg) -- Estée Lauder Cos. pulled its guidance for the year, citing uncertainty over a new chief executive and weak demand in China. The shares plunged in New York trading. The New York ...
Quarterly Asia Pacific sales that includes mainland China have declined for eleven straight quarters Estee Lauder sees sustained slump in China demand, with Asia Pacific region declining for ...
Estée Lauder Companies (NYSE: EL) recently cut its dividend, blaming challenges in the "complex prestige beauty landscape," ...
Estée Lauder shares plunged 20% Thursday after it said sales sank because of softness in China and the Asia travel markets, and that it was cutting its dividend and withdrawing its full-year outlook.
All change at the helm of the US beauty powerhouse’s key travel retail team as long-time LVMH senior executive Olivier Dubos ...
There are, as one might expect, very serious reasons for Estee Lauder's decline. First, its best growth market pre-pandemic was China, augmented by makeup purchases by traveling Chinese citizens ...
E.l.f. Beauty (ELF) earns a buy rating at Goldman as the beauty industry comes under the microscope. Read more here.
The Estee Lauder Companies has announced the departure of Israel Assa, Global President, Travel Retail Worldwide, with ...
The Estee Lauder Companies faces challenges due to weak consumer sentiment in China and Asia travel retail, leading to disappointing performance. As the U.S. stock market experiences a pause in ...
Chinese stocks that are listed in the US staged a sharp rally Monday as top leaders in Beijing used their most direct ...