Estée Lauder (NYSE: EL) might be known as a timeless brand in cosmetics, founded nearly 80 years ago, but lately, it's looking like the skincare and makeup giant is running out of time.
The cosmetics company has been struggling with weak demand, especially in Asia.
Both plots were occupied by homes, which Lauder razed before putting the vacant lot on the market for $200 million in 2023. He later lowered the price to $177.8 million. The heir to the Estee ...
Closely followed investor Michael Burry has opened a new position in U.S. cosmetics firm Estée Lauder (EL).Maximize Your ...
Estee Lauder announced on Tuesday that it plans to slash up to 7,000 positions from its workforce. The cosmetics company said it will eliminate a net of 5,800 to 7,000 roles as it unveiled an ...
NEW YORK (AP) — Estee Lauder may trim as many as 7,000 jobs by fiscal 2026, more than 11% of its workforce, after the global beauty cosmetics maker lost money in its most recent quarter as reported a ...