The Estée Lauder Companies Reports Fiscal 2020 Third Quarter Results. Company Sees Continued Acceleration of Global Online Net Sales and Initial Recovery in Mainland China. Continues Global Relief Efforts, Launches ELC Cares Employee Relief Fund. The Estée Lauder Companies reported net sales of $3.35 billion for its third quarter ended March 31, 2020, … Read more
The Estée Lauder Companies continue to see strong consumer demand for its high-quality products. The Estée Lauder Companies reported exceptional financial results for its second quarter ended December 31, 2019. Net sales of $4.62 billion increased 15% from $4.01 billion in the prior-year period. Excluding the impact of currency translation, net sales increased … Read more
Estee Lauder invests in Korean beauty brand Dr. Jart+. Global consumers look to Korea as a trendsetting market in beauty, and the Dr. Jart+ brand is part of the reason why. The Estée Lauder Companies announced that it has signed an agreement to purchase an interest in Have & Be Co., the South Korean company … Read more