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 Global COVID-19 Relief Support. As the world is faced with the unprecedented impact of the COVID-19 pandemic, The Estée Lauder Companies (ELC), the American multinational manufacturer and marketer of prestige skincare, makeup, fragrance and hair care products, stands with the global community to help limit the spread of … 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
Prestige beauty continues to be one of the most desirable consumer sectors. The Estée Lauder Companies Delivered Outstanding Fiscal Year 2019 Results The Estée Lauder Companies reported outstanding financial results for its fiscal year ended June 30, 2019. Net sales of $14.86 billion increased 9% from $13.68 billion in the prior year. … Read more
These brands have cut the environmental impact of both product and packaging, without compromising on quality
Global luxury goods sector remains resilient, despite tougher consumer market, according to a new Deloitte report. The world’s 75 largest luxury goods companies generated luxury goods sales of $171.8 billion through the end of last fiscal year (fiscal years ended through June 2013) despite a slowdown in the global economy. The average size of the … Read more