Luxury Daily
The authority in luxury news.
April 28, 2024
  1. La Mer appoints first male brand ambassador
  2. Iris Law stars in Versace’s Dylan Purple fragrance campaign
  3. Dolce & Gabbana exhibition coming to Milan's Palazzo Reale
  4. Six Senses wins top 2024 Positive Luxury Award
  5. Chopard lifts horological history of Happy Sport with 'Legacy' series
  6. Consumers prefer ‘new signs of success’ over traditional shows of status: report
  7. Mercedes-Benz adds celebrity touch to G-Class rollout
  8. Ferrari forges racing partnership with HP
  9. Selfridges celebrates theater with holiday activation
  10. Loro Piana revamps fabric weatherproofing to be more sustainable
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

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.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. La Mer appoints first male brand ambassador
  2. Iris Law stars in Versace’s Dylan Purple fragrance campaign
  3. Dolce & Gabbana exhibition coming to Milan's Palazzo Reale
  4. Six Senses wins top 2024 Positive Luxury Award
  5. Chopard lifts horological history of Happy Sport with 'Legacy' series
  6. Consumers prefer ‘new signs of success’ over traditional shows of status: report
  7. Mercedes-Benz adds celebrity touch to G-Class rollout
  8. Ferrari forges racing partnership with HP
  9. Selfridges celebrates theater with holiday activation
  10. Loro Piana revamps fabric weatherproofing to be more sustainable
VIDEOS
More Videos

MORE IN Fragrance and personal care
La Mer appoints first male brand ambassador
Double-digit growth streak continues at Hermès
Kering rocked by 11pc sales dip in Q1
Luxury growth at L’Oréal lags in Q1
Prada’s seafaring scent gets star treatment in documentary
Puig aims to go public with local IPO



RECENT ARTICLES
Triton Submarines delivers next-gen vessel for underwater voyages
Saks launches retail media network
Six Senses wins top 2024 Positive Luxury Award

42pc of American luxury shoppers buying high-end items as ‘rewards’: YouGov
Mercedes-Benz adds celebrity touch to G-Class rollout
La Mer appoints first male brand ambassador