The report highlights the beauty makers’ corporate responsibility goals and initiatives: “We believe that citizenship and sustainability are essential to our success as a business and our responsibilities as a global company.”
It was less than a month ago Cosmetics Design reported that Estée Lauder was acquiring makeup company brand BECCA Cosmetics. That deal is now final, and the company’s prestige market share is all the stronger for it.
After last year's announcement that it will 'embrace South Korea's trends and technology' in order to compete, Estée Lauder has taken a stake in its first Korean brand - 'Have & Be', the owner of 'Dr. Jart+'...
As retail growth slows down in Hong Kong and China, Estée Lauder says it is turning its resources to the digital realm, including the development of omni-channel concepts, retail store expansion and information technology enhancements.
With beauty bloggers having more influence now than ever, Estée Lauder is the latest brand to acknowledge their sway on cosmetics buying behaviours by signing up Korean YouTube star, Irene Kim as its 'international beauty voice'.
The Korean Intellectual Property Office (KIPO) has seized more than 100,000 counterfeit products of the well-known face mask brand; ‘Leaders Insolution’ from a Chinese-owned factory, close to the border of North Korea.
The rumour mill is in full swing but it is not too ridiculous to suggest that Estée Lauder could be ripe to join the acquisition trail given its history and the current state of the market. It is not exactly out of character for the big players either…