Travel News Estee Lauder Sees Weak Annual Profit On Slow Recovery In Asia Travel Retail
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Estée Lauder approves 3,200 job cuts as China and duty-free sales remain weak

Estée Lauder Cos.’ stock dropped about 5% Wednesday after the maker of beauty products warned of a full-year profit miss and said it has approved 3,200 job cuts based on a previously announced ... Read More
Estée Lauder shares fall on weak outlook and $100 mn tariff warning

Estée Lauder stock slipped before the opening bell on Wednesday after the beauty group forecast annual profit below analyst expectations and flagged fresh tariff-related costs. The shares were down ... Read More
Estée Lauder approves 3,200 job cuts as China and duty-free sales remain weak

Cosmetics company has approved layoffs of 3,200 staff based on a previously disclosed restructuring plan and may reduce head count by another 3,800, with expected restructuring charges of up to $1.6 ... Read More
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