Estée Lauder

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Retail Asia05/05/2023

Estee Lauder Cos’s shares plunged on Wednesday after the cosmetics maker forecast weaker sales and profit for the year than previously estimated, blaming slow recovery at duty-free and travel destinations, especially in Asia. Global retailers have banked on improved demand out of Asia after China eased Covid restrictions last year, but Estee’s travel retail division, […]

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Retail Asia17/11/2022

Estee Lauder Cos. Inc. said on Tuesday it agreed to buy U.S. fashion label Tom Ford for US$2.8 billion, its biggest deal yet, adding a line of beauty products and apparel to the Clinique brand owner’s portfolio. Luxury companies have so far enjoyed steady demand for their products, but cracks are starting to show as […]

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Retail Asia20/04/2021

The Estée Lauder Companies has named Japanese model Kōki as the newest global brand ambassador for its flagship Estée Lauder brand. She will feature across the brand’s digital, television, in-store, and print media, in domestic and travel retail markets, beginning with a makeup campaign in April. Kōki will also appear in all of Estée Lauder’s […]

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Retail Asia04/11/2020

Estee Lauder Cos reported better-than-expected quarterly results on Monday, as people confined to their homes bought more of its skincare products online and sales improved in its Asian markets. The M.A.C brand owner has ramped up investments in its online business and seen growth in demand for its skincare products as customers opted for serums […]

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Retail Asia21/07/2020

Estee Lauder Singapore has reopened its store in the Ion Orchard shopping center with a completely new design. Located in the mall’s Basement Level 1, the Estee Lauder Ion Orchard store features a contemporary look, with blue navy wall and platinum elements. A digital screen is installed in front of the store, featuring images of […]

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Retail Asia10/02/2020

Estee Lauder has reported “strong double-digit sales growth” in nearly every Asia-Pacific market in the latest quarter. Globally, the company achieved sales of US4.62 billion in the three months to December 31, up by 15 percent year on year, but in Asia especially the cosmetics giant thrived. “Greater China delivered strong double-digit net sales growth,” […]

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Retail Asia26/11/2019

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Estee Lauder has acquired the remaining two-thirds it does not already own of Have & Be, the Seoul-based company behind skincare brand Dr Jart+. The global cosmetics company bought a minority stake in Have & Be in December 2015 and expects to close on the balance next month. With Dr Jart+, Estee Lauder hopes to […]

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Retail Asia11/11/2019

Estee Lauder Asia Pacific sales rose 24 per cent in the latest quarter – a stark contrast to the cosmetics giant’s US performance, where revenue fell 6 per cent. Global net sales increased 11 per cent to US$3.9 billion, or by 12 per cent on a constant-currency basis. Net earnings rose 19 per cent to […]

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Retail Asia02/09/2019

Estee Lauder Asia sales soared 25 percent in the year to June, with China, Hong Kong, and the emerging markets in Southeast Asia the main performers. The more mature Japanese and South Korean markets were also “strong contributors” to the company’s result in the region. “The company delivered strong double-digit net sales increases, both on […]

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Retail Asia14/03/2019

Join us as Estée Lauder celebrates its first ever Power of Night exclusive pop-up. Visit us from 23th to 24th March (11am to 8pm) to understand how modern life affects our skin and discover our iconic Advanced Night Repair serum maximises skin repair with every second of beauty sleep. Learn how a lack of sleep* and constant exposure to […]

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Retail Asia12/02/2019

Estee Lauder Asia-Pacific sales achieved double-digit growth in the December quarter. The beauty giant says the growth was broadbased, with nearly half of the markets in the region growing by double digits. “China, Hong Kong and Japan continued to deliver strong growth, and Korea net sales accelerated. Prestige beauty in China accelerated and the company […]

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Retail Asia31/10/2018

International skincare and beauty firm Estee Lauder has featured AI technology in its Estee Wonderland Christmas campaign in Hong Kong. The Quantum Human technology is an automated AI scan-to-avatar system that makes the customer the hero or heroine in their own virtual fairy tale. The carousel-themed Estee Wonderland promotion also features pop-up counters, where visitors […]

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Retail Asia23/08/2018

Cosmetics giant Estee Lauder says it achieved sales growth in every global market last financial year, led by strong double-digit increases in China and Hong Kong. Every single category posted growth as well. Globally, Estee Lauder sales reached $13.68 billion, a 16 per cent increase on last year. Operating income of $2.05 billion, was up […]

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Retail Asia23/05/2018

DFS Group, the world’s leading luxury travel retailer, and Estée Lauder are inviting fans to travel beautifully this May with the launch of the exclusive Chic Never Sleeps campaign. Inspired by travelers’ desire to look their best while enjoying the best in life, the Chic Never Sleeps campaign tells the story of two young friends, […]

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Retail Asia18/05/2018

Hyundai Department Store’s online mall has launched an augmented reality (AR) service so its customers can virtually try on make-up products. It covers more than 20 products from eight beauty brands, including Benefit, Estee Lauder and Shu Uemura. Using an AR image of their face, customers can try on different colour variations. Hyundai says it […]

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Retail Asia07/05/2018

Cosmetics giant Estee Lauder says strong sales in Asia underpinned a solid 18 per cent increase in sales in the latest quarter, from US$2.86 billion to $3.37 billion. Net earnings surged 25 per cent to $372 million as Asian consumers gravitated towards more expensive brands in the company’s portfolio, especially Tom Ford and La Mer. […]

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Retail Asia03/05/2018

Solid growth in Asia Pacific, including in Australia, has helped cosmetics giant Estee Lauder deliver an 18 per cent increase in third quarter sales, ahead of Wall Street estimates. Delivering its financials for the quarter ended 31 March in the US on Wednesday, Estee Lauder said “solid sales increases” in Australia, Japan and Thailand, alongside […]

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Retail Asia16/03/2018

A shift by brands to a New Retail model is imperative to remain relevant and competitive in China, according to a joint report from AliResearch and Bain & Co. The report, the most complete to date, offers a look at the blueprint for how companies and brands can seamlessly meld their online and offline channels, providing a […]

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Retail Asia08/03/2018

Tmall will this year work with top beauty brands such as Estee Lauder and Lancome to help them surpass RMB 1 billion (US$157.9 million) in annual sales on the platform. The increased focus on the beauty sector will also see Tmall deliver an updated suite of New Retail solutions so that all merchants can better […]

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Retail Asia01/02/2018

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To celebrate Lunar New Year and the arrival of the Year of the Dog, luxury travel retailer DFS Group will offer special promotions and interactive activities at certain T Galleria and DFS stores worldwide next month. There will also be exclusive offers from the group’s Give Joy Together gift guide. In-store activities will include a Pokemon Go-inspired […]

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