Luxury Daily
The authority in luxury news.
Feb. 10, 2026
  1. Balenciaga releases Valentine’s Day capsule
  2. Aston Martin loops Breitling in as global watch partner
  3. Secondhand watch market stabilizes in 2025: Chrono24
  4. China’s hottest trend, Ins Style, was influenced by banned Instagram
  5. Champagne Telmont earns Regenerative Organic certification
  6. Lamborghini deploys brand showroom in Egypt
  7. Diane von Furstenberg named Icon in The Time 100
  8. Luxury Unfiltered: Why standard operating procedures are luxury’s billion-dollar mistake
  9. EBay presents shoppable Super Bowl weekend activations
  10. IHG dedicates new ‘Fancierge’ experiences to rugby fans
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Fragrance and personal care

US cosmetics giant Estée Lauder Cos. imposes pay cuts on top brass, trims advertising and promo spending

April 15, 2020

Paid employee volunteers at Estée Lauder Companies's Melville, NY-based manufacturing facility producing hand sanitizer for high-need groups and populations, including frontline medical staff. Image credit: Estée Lauder Companies Paid employee volunteers at Estée Lauder Companies' Melville, NY-based manufacturing facility producing hand sanitizer for high-need groups and populations, including frontline medical staff. Image credit: Estée Lauder Companies

 

By Luxury Daily News Service

Estée Lauder Companies, owner of such cosmetics brands as Estée Lauder, La Mer, Aveda, Clinique and Jo Malone, is taking additional steps to protect itself financially, chief among them cuts in compensation to top executives and trimming expenses in marketing spending.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Balenciaga releases Valentine’s Day capsule
  2. Aston Martin loops Breitling in as global watch partner
  3. Secondhand watch market stabilizes in 2025: Chrono24
  4. China’s hottest trend, Ins Style, was influenced by banned Instagram
  5. Champagne Telmont earns Regenerative Organic certification
  6. Lamborghini deploys brand showroom in Egypt
  7. Diane von Furstenberg named Icon in The Time 100
  8. Luxury Unfiltered: Why standard operating procedures are luxury’s billion-dollar mistake
  9. EBay presents shoppable Super Bowl weekend activations
  10. IHG dedicates new ‘Fancierge’ experiences to rugby fans
VIDEOS
More Videos

MORE IN Fragrance and personal care
Quarterly sales at Coty drop by 3pc
Estée Lauder Companies raises full-year outlook
Deadstock denim from Nona Source dresses new Guerlain drop
LVMH full-year revenues fall 5pc
L’Oréal Professionnel introduces debut Global Creative Contributors class
Acqua di Parma returns home for anniversary



RECENT ARTICLES
Fairmont Hanoi debuts in Vietnam
Quarterly sales at Coty drop by 3pc
Genesis, CFDA reveal 2026 AAPI Design and Innovation Grant recipient

Ralph Lauren goes global for Milano Cortina 2026
Dunhill twists English elegance for spring/summer
Champagne Telmont earns Regenerative Organic certification