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Nov. 15, 2024
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Commerce

Estée Lauder Cos. ended 2023 with net sales down 7pc

February 5, 2024

Jo Malone London is among the brands to weather the slowdown, seeing double-digit increases in the Americas and high-single-digits in the APAC region. Image credit: Jo Malone London Jo Malone London is among the company's brands that managed to weather the slowdown, seeing double-digit increases in certain regions. Image credit: Jo Malone London

 

By Luxury Daily News Service

Cash flow challenges at U.S. beauty group Estée Lauder Companies continued through its most recent quarter.

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  1. Capri Holdings, Tapestry abandon plan to merge
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