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Fragrance and personal care

Estée Lauder Cos. goes to market for $700M in borrowings

April 8, 2020

Estée Lauder Companies is donating 2 million surgical masks for those on the front lines in New York as part of its efforts toward COVID-19 relief. Image credit: Estée Lauder Companies Estée Lauder Companies is donating 2 million surgical masks for those on the front lines in New York as part of its efforts toward COVID-19 relief. Image credit: Estée Lauder Companies

 

By Luxury Daily News Service

Estée Lauder Companies is looking to borrow $700 million from the market as the beautycare giant, like its counterparts across industry sectors, looks to shore up its balance sheet with the COVID-19 global lockdowns continuing to take their toll on revenue.

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  1. Ralph Lauren goes global for Milano Cortina 2026
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  3. Valentino adds singer Sombr to brand ambassador list
  4. Fairmont Hanoi debuts in Vietnam
  5. Quarterly sales at Coty drop by 3pc
  6. Genesis, CFDA reveal 2026 AAPI Design and Innovation Grant recipient
  7. Balenciaga releases Valentine’s Day capsule
  8. Aston Martin loops Breitling in as global watch partner
  9. Secondhand watch market stabilizes in 2025: Chrono24
  10. Estée Lauder Companies raises full-year outlook
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