La Mer to Support GreenWave for World Ocean Day
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There is a promise of all that time lost, and in this very unique atmosphere, cutting-edge, bold pieces of beauty video are emerging.
CEW Beauty News asked industry executives to share their perspectives on 2020, the challenges and successes they faced, the lessons they learned, and what they would do differently if they could.
Today The Estée Lauder Cos. announced several executive changes impacting the La Mer, M·A·C Cosmetics, Le Labo, Dr. Jart+ and Do The Right Thing brands.
The Estée Lauder Cos. yesterday reported results for its fourth quarter fiscal year ended June 30. Net sales of $14.86 billion increased 9% from $13.68 billion in the prior year….
Top growth drivers were skin care globally, the Asia/Pacific region and emerging markets, the global online and travel retail channels, and most brands, including Estée Lauder, M•A•C, La Mer, Tom Ford and Origins.
The company posted net sales growth in each major product category and each geographic region. Here, the category highlights.
Growth came largely from Lauder’s recent acquisitions of Too Faced and BECCA. The company also benefitted from a continued acceleration in China, Hong Kong, travel retail and global online, as well as strength in several developed and emerging markets in Europe.
Dominique Conseil, Global Brand President, Aveda, and Peter Lichtenthal, Global Brand President, Bobbi Brown and Bumble and bumble, have announced their retirements.
Makeup’s sales increase of 4 percent, primarily driven by Tom Ford, Estée Lauder and La Mer, were partially offset by lower sales of Clinique and M.A.C.
An animated video explains the formula and story behind its prestigious heritage.
Some of the biggest names in beauty—Ulta Beauty’s Mary Dillion, Shannon Curtin, La Mer’s Sandra Main—comment on which products and strategies will help get Holiday sales moving for the last three months of the year.