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Estée Lauder will introduce new products developed by a local team especially for its Chinese consumers in the fourth quarter (Q4) this year as part of efforts to accelerate innovation.
In this article, we will discuss the 20 Best Korean Skincare Products of 2024. You can skip our detailed analysis of the global K-beauty products market, the Korean skincare industry’s approach to sustainability, and recent developments in the beauty industry by going directly to the 5 Best Korean Skincare Products of 2024. The Global K-beauty […]
Shares of beauty products company Estée Lauder (NYSE:EL) fell 11.3% in the morning session after the company reported first quarter results, with its revenue and earnings forecast for the next quarter falling below analysts' expectations. Full-year earnings guidance also missed Wall Street's estimates.
Estée Lauder raised its annual profit forecast for third-quarter sales as demand rebounded in the US and Asia Pacific.
This can be attributed to an expected recovery in Asia travel and mainland China.