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Dec. 20, 2025
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Commerce

Estée Lauder Cos. ended 2023 with net sales down 7pc

February 5, 2024

Jo Malone London is among the brands to weather the slowdown, seeing double-digit increases in the Americas and high-single-digits in the APAC region. Image credit: Jo Malone London Jo Malone London is among the company's brands that managed to weather the slowdown, seeing double-digit increases in certain regions. Image credit: Jo Malone London

 

By Luxury Daily News Service

Cash flow challenges at U.S. beauty group Estée Lauder Companies continued through its most recent quarter.

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  1. Chef Yotam Ottolenghi to debut first Netherlands restaurant at Mandarin Oriental Amsterdam
  2. Kering to acquire jewelry manufacturer Raselli Franco Group
  3. Louis Vuitton introduces Visionary Journeys Seoul
  4. Exclusive Resorts purchases Inspirato for $59M
  5. Audi propels Santa into the future with electric sleigh
  6. Harrods announces key leadership appointment
  7. Lamborghini heads to French Alps for women-led driving series
  8. Ennismore picks Bangkok site for first-in-region SLS Residences
  9. Savannah College of Art and Design debuts SCAD LUXE research center
  10. Diptyque plays with the surreal in holiday tale
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