Estée Lauder shares plunged more than 20% on Thursday after the cosmetics giant withdrew its full-year earnings forecast and revealed weak demand for its luxury fragrance and cosmetic products.
Estée Lauder named longtime company veteran Stéphane de La Faverie as chief executive, betting that the insider can execute the sweeping turnaround that Wall Street wants. De La Faverie ...
Citing unnamed "people familiar with the matter," the financial newspaper wrote that Estée Lauder's board has selected insider Stéphane de la Faverie to take the reins of the company.
Shares of Estée Lauder (NYSE: EL) were taking a dive today as the cosmetics giant continued to struggle with weakness in China as the company also cut its dividend and pulled its guidance for the ...
Estée Lauder Cousins Leave Daily Roles as Shares Tumble Jane and William Lauder will remain on the company’s board Shares have plunged by two-thirds in the past two years ...
The family feud at Estée Lauder is turning into a financial crisis. Shares of the beauty giant plunged 21% Thursday after the company slashed its dividend by nearly half and pulled its financial ...
Estée Lauder Cos. named longtime company veteran Stéphane de La Faverie as chief executive officer, betting that the insider can execute the sweeping turnaround that Wall Street wants. De La ...