Estee Lauder

The Estée Lauder Companies announces sustainability goals for Travel Retail

As part of The Estée Lauder Companies’ (ELC) commitment to embed citizenship and sustainability within every aspect of its business, the company today announced ambitious sustainability goals specific to ELC’s Travel Retail unit. Travel Retail, which covers the world of duty free environments including airports, downtown locations, airlines, cruises, and border shops, is one of […]

ELC cuts executive salaries; donates millions in funds and products

The Estée Lauder Companies Inc. last week announced a number of initiatives it is undertaking in response to COVID-19 to support its employees, consumers, stock-holders and communities. These include actions to optimize its cost structure, in light of ongoing temporary store closures in many regions, and enhancing liquidity. Enhancing financial flexibility and liquidity As the Company […]

Estée Lauder Travel Retail opens new consumer-driven retail concept at Dallas Fort Worth, Terminal D

The Estée Lauder Companies, in partnership with 3Sixty Retail, opened an innovative retail concept last week in Dallas Fort Worth International Airport – Terminal D Departures near gate 25. The new concept features offerings by four of its brands that are particularly popular with Millennial and Gen Z consumers, BECCA, Too Faced, Bobbi Brown, and Glam […]

Estée Lauder extends Re-Nutriv Ultimate Diamond skincare range

Estée Lauder’s potent New Re-Nutriv Ultimate Diamond Transformative Energy Dual Infusion skin treatment is now available in downtown and airport travel retail locations worldwide. The treatment combines a double concentration of Black Diamond Truffle Extract with Re-Nutriv’s latest youth-sustaining technology to produce skin that feels firmer, and looks more sculpted, radiant and even-toned. The product […]

ELC travel retail executives Israel Assa and Javier Simon are promoted and join executive leadership team

The Estée Lauder Companies has announced the promotions of two key leaders within the Travel Retail business — Israel Assa and Javier Simon — reflecting the growing strategic importance of the channel to the company. Both Assa and Simon are familiar to the industry in the Americas, as they held senior positions in ELC’s travel […]

Nathan Moris, VP, GM of Travel Retail Americas at ELC moves to new role

After nearly five years as Vice President, General Manager, Travel Retail Americas, Nathan Moris will assume a new position within The Estée Lauder Companies later this month as Vice President, General Manager, Estée Lauder, AERIN and Origins for Europe, the Middle East and Africa. Moris will also join the EMEA Leadership Team. As Vice President, General […]

Strong travel retail sales help drive The Estée Lauder Companies to “outstanding” fiscal 1Q results

Benefitting from double digit sales gains in its online and travel retail channels, among others, the Estee Lauder Companies delivered “an outstanding financial performance in our fiscal 2018 first quarter,” said Fabrizio Freda, ELC President and Chief Executive Officer, commenting on the latest earnings results released on Nov. 1. The Company achieved net sales of $3.27 […]

Bruno Richard promotion at ELC

Bruno Richard has been promoted to Vice President, General Manager, Travel Retail Europe Middle East and Africa (TR EMA) reporting to Israel Assa, Senior Vice President and General Manager, Business Operations, Travel Retail Worldwide. He will relocate to London. Most recently based in Singapore, Richard spent more than five years in Miami in senior positions […]

Assa promoted to new TR role at ELC

Israel Assa has been appointed to the newly created role of Senior Vice President and General Manager, Business Operations, Travel Retail Worldwide, at The Estée Lauder Companies, effective July 1, 2016. He will continue to report to Olivier Bottrie, President, Travel Retail Worldwide. In this role, based in Switzerland, Assa will lead The Estée Lauder Companies’ […]

Estée Lauder Companies to launch huge new Leading Beauty Forward initiative

The Estée Lauder Companies has launched a multi-year initiative named Leading Beauty Forward that will better leverage its cost structure and free resources to invest in future growth. The company says that the initiative is designed to enhance the Company’s go-to-market capabilities, reinforce its leadership in global prestige beauty and create sustainable value. ELC is […]