Tag "Estée Lauder"

Shopping experience and social responsibility – AI in the beauty industry

AI-driven developments are booming in every sector and the beauty industry is no exception. AI technology has fundamentally transformed the way consumers interact with beauty products, together with the way...

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Estee Lauder develops generative AI with Microsoft

A leading global cosmetics conglomerate is getting into the development of advanced artificial intelligence (AI) solutions. The Estée Lauder Companies and Microsoft Corp. are creating an AI Innovation Lab as...

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Clinique opens brand store on Amazon

Clinique, an Estee Lauder company, is continuing to expand its digital commerce touchpoints. The cosmetics brand is debuting on the U.S. Amazon Premium Beauty store and is the first of a select...

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Serious layoffs at Estée Lauder

The Estée Lauder Companies is preparing for major structural changes in the third quarter of fiscal 2024 after its quarterly net profit fell 21% from a year earlier. The company...

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Estée Lauder Expects Bigger Drop In Profit On Higher Costs, Slow China Recovery

Estée Lauder Cos Inc has forecast a bigger drop in full-year profit as slow recovery in major market China and higher costs pose risks. Shares of the New York-based company...

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Unilever not given up on GSK

Unilever is set to pursue a deal for GSK’s consumer health business after its GBP 50 billion offer was rejected in December. With this deal done, Unilever would grow to...

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