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 ...

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.

as companies like Ford Motor and General Motors use Mexico and Canada as a manufacturing base for the U.S. Shares of makeup conglomerate Estee Lauder (NYSE: EL) plunged 23% through Thursday ...

While the situation looks grim at the moment, I am not giving up on Estée Lauder today. Let's look at what's gone wrong and how the situation can improve going forward. The headline that grabbed ...

Estée Lauder (NYSE: EL) stock suffered a makeup malfunction on Tuesday. Shares of the cosmetics giant tumbled 18.3% through 11 a.m. ET, despite beating forecasts for both sales and earnings in ...

Cosmetics giant Estée Lauder Estee Lauder announced a major restructuring ... facing weak demand for its high-end fragrance and makeup products, and stiff competition from rivals like L’Oréal ...

Estee Lauder Companies Inc EL shares traded lower ... Net sales from Skin Care plunged 12%, Makeup decreased 1%, Fragrance grew 1%, and Hair Care declined 8%. Gross profit decreased ...

Estée Lauder stock has plunged since the pandemic. China sales have been weak, and the company is losing market share elsewhere. Management announced a turnaround plan, but it has yet to make a ...

Nike derived over 15% of its revenue from China in fiscal 2024, and Estee Lauder's stock has recently been decimated by a downturn in Chinese makeup sales. At its peak in 2021, China accounted for ...