COS – Page 2 – Beautifaire

27 Sep

PARIS — To speed up its burgeoning luxury and prestige perfume business, the Estée Lauder Cos. Inc. plans to open a fragrance atelier in Paris next yr. “Fragrance has been a winning category for the corporate — for the reason that early days, after we established fragrance with the Estée Lauder brand [in 1953],” Stéphane de la Faverie, executive group president at Lauder, told WWD, adding that over the past few years the category has been increasingly successful for the group. Reported net sales of the corporate’s perfume business, which incorporates the brands Tom Ford, Estée Lauder, Éditions de Parfums Frédéric Malle, Le Labo, Kilian Paris, Clinique, Jo Malone London, Aerin Beauty and Aramis, have grown almost 40 percent since fiscal yr...

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15 Sep

COS | Fall Winter 2023/2024 | Full Show

by Beautifaire101

Fashion

COS | Fall Winter 2023/2024 by Karin Gustafsson | Full Fashion Show in High Definition. (Widescreen - Exclusive Video/1080p - Recent York Fashion Week) #COS #FW23 #NYFW ...

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20 Aug

The Estée Lauder Cos. Releases Weaker Than Expected Guidance

by Beautifaire101

Beauty, Featured

Updated Aug. 18 at 1:37 p.m. The Estée Lauder Cos.’ full-year forecasts fell in need of Wall Street estimates as the corporate’s struggles to regain footing within the Asia travel market proceed, despite a greater than expected set of fourth-quarter results. Lauder, which has a much greater travel retail business than a few of its competitors, has seen Asia travel retail pressured by the slower-than-anticipated recovery from the COVID-19 pandemic, especially in the favored vacation resort area Hainan. This in turn led its overall global travel business’ organic sales to slip 34 percent in its 2023 fiscal yr. At the identical time, U.S. sales have yet to climb back to pre-pandemic levels, while its California brands — Smashbox, Too Faced and Glamglow —...

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19 Aug

The Estée Lauder Cos. Addresses Cybersecurity Attack – WWD

by Beautifaire101

Beauty, Featured

The Estée Lauder Cos. has given an update on the cybersecurity attack. Last month, it said it had identified a cybersecurity incident that involved an unauthorized third party getting access to a few of its systems. While it has not been confirmed, the ALPHV/BlackCat and Clop groups claimed credit for the cyber attack, listing Estée Lauder on their sites at nighttime web alongside an airline, comms regulator, harddisk storage provider and others. Because of this of the breach, Lauder proactively took down a few of its systems and commenced an investigation with a third-party cybersecurity expert. The corporate said it was also coordinating with law enforcement. In a call Friday with analysts to debate its fourth-quarter earnings, chief financial officer Tracey T. Travis...

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