Cosmetics giant Estee Lauder says it achieved sales growth in every global market last financial year, led by strong double-digit increases in China and Hong Kong. Every single category posted growth as well. Globally, Estee Lauder sales reached $13.68…
China’s new import tax regime has enabled cosmetics giants AmorePacific and Estee Lauder to lower their prices in China by up to 30 per cent. AmorePacific’s China division says it will reduce Mainland cosmetics prices for 327 lines under the brands of Etude…
Beauty giant Estee Lauder says its Asian sales rose in every country except Hong Kong in the last quarter. Estee Lauder Asia achieved double-digit growth in Korea, Japan, Australia and Taiwan and achieved “solid” constant currency sales gains in China and…
Beauty giant Estee Lauder has announced a multi-year initiative named Leading Beauty Forward to build on its strengths and better leverage its cost structure to free resources for investment to continue its growth momentum. The plan involves the reduction of…