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Dec. 26, 2024
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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. Luxury consumers trending toward goodness in purchases, values
  2. 'Clash de Cartier' campaign explores dichotomy of dressing
  3. How luxury is the millennial’s unlikely weapon to fight social inequality
  4. What to look for when buying your first luxury watch
  5. Prada Group bucks slowdown with 18pc revenue boost
  6. Tiffany & Co. acquires historic Titanic timepiece at auction
  7. ‘Hermès in the Making’ pop-up continues world tour in Zurich
  8. Assouline inaugurates two-story flagship in Riyadh, Saudi Arabia
  9. Rolex partners with Melbourne’s National Gallery of Victoria
  10. Leading with pedigree, Range Rover promotes plug-in SUV
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