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March 29, 2023
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Commerce

Latest Estée Lauder earnings show sales down 17pc, fragrance excels

February 2, 2023

Despite an overall drop in net sales, the makeup category showed double digit net growth in many countries. Image credit: Estée Lauder Cos. Despite an overall drop in net sales, some makeup brands in the conglomerate's portfolio showed double-digit growth. Image credit: Estée Lauder Companies

 

By Luxury Daily News Service

U.S. beauty giant Estée Lauder Companies is reporting $4.62 billion in net sales for the quarter ending on Dec. 31, 2022, down from $5.54 billion in the same period during 2021.

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  1. Chanel, Gucci, Vacheron Constantin and Wheels Up
  2. Gucci gives circularity initiative physical form at latest New York location
  3. Day's wrap: Chanel, Gucci, Vacheron Constantin and Wheels Up
  4. V&A Museum to host UK's first Coco Chanel career retrospective
  5. Luxury’s new direction as markets and consumers evolve
  6. Lamborghini marks 60 years since debut of first manufactured model
  7. Buccellati, Milan-based goldsmith school team up to preserve Italian tradition
  8. Christian Louboutin designs exclusive capsule collection for Neiman Marcus
  9. Dior goes for gold with flashy J'adore campaign
  10. Burberry book dresses British history in signature check
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