Estee lauder news and archive

Too Faced co-founders to depart brand

Beauty conglomerate Estée Lauder has announced a number of leadership changes to one of its own brands, Too Faced, including the stepping down of its co-founders. Jerrod Blandino and Jeremy Johnson, who founded the company in 1998 after being with Estée Lauder brand from the start of their careers, will be moving on from Too Faced, effective...

May 6, 2022

Business

Estée Lauder launches charitable fund for emerging women leaders

Beauty conglomerate Estée Lauder has announced the launch of a charitable fund set with the goal of supporting new generation women leaders. The Estée Lauder Emerging Leaders (ELEL) Fund hopes to challenge the gender stereotypes of leadership through the support of global organisations that provide opportunities, build communities and advocate...

May 5, 2022

Fashion

Beauty disruptor Deciem to close down four brands in restructure

Deciem, the skin-care product incubator company founded by the late Brandon Truaxe in 2013, is to close four of its beauty brands – Abnomaly, HIF, Hylamide and The Chemistry Brand – in order to focus on its core businesses, The Ordinary and NIOD. The former is centred on clinical formulations with pricing integrity and the latter on the science...

Apr 6, 2022

Business

Estée Lauder joins Metaverse Fashion Week as exclusive beauty partner

Estée Lauder has revealed it will be the exclusive partner of Decentraland’s Metaverse Fashion Week (MVFW), which launches today, from March 24 to 27. For the digital fashion week, the luxury beauty brand partnered with metaverse artist Alex Box to create a non-fungible token (NFT) wearable inspired by the brand’s popular serum, Advanced Night...

Mar 24, 2022

People

Estée Lauder suspends executive after racial slur on Instagram

Beauty conglomerate Estée Lauder has suspended one its longstanding executives after a controversial Instagram post contained a racial slur. John Demsey, an executive group president, was suspended for an undisclosed duration for a sharing a meme mocking Sesame Street characters and a joke about Covid-19. Estée Lauder said in an internal memo...

Feb 27, 2022

Business

Estée Lauder reveals grant recipients for Writing Change initiative

Beauty conglomerate The Estée Lauder Companies has announced the grant recipients for its first edition of Writing Change, its literacy impact initiative inspired by inaugural poet Amanda Gorman. Over the course of three years, the initiative looks to invest in organisations that are working on closing the literacy gap and support efforts in...

Feb 8, 2022

People

Estée Lauder announces leadership reshuffle in North America, Asia-Pacific

The Estée Lauder Companies (ELC) has announced a number of changes in the top ranks of its North America and Asia-Pacific markets. Mark Loomis, who has been the company’s president of Asia-Pacific since 2018, is to become president of North America, effective February 1 2022. In his new role, Loomis will be responsible for top- and bottom-line...

Nov 19, 2021

Fashion

Estée Lauder joins sustainability challenge as exclusive partner

Estée Lauder has joined the International Space Station (ISS) National Laboratory Sustainability Challenge: Beyond Plastics, as an exclusive partner. Estée Lauder will provide funding for awarded proposals, as a part of its commitment to support research that will promote innovation in sustainable packaging. The ISS National Lab Sustainability...

Oct 29, 2021

Business

Estée Lauder to close down designer fragrances division

WWD has reported that Estée Lauder will be closing its Aramis & Designer Fragrances division. Brands under the division include Aramis, Tommy Hilfiger, Michael Kors, Donna Karan, DKNY and Ermenegildo Zegna. Aramis, their men’s line, will move into another division within the company. The other licenses will begin to end between now and 2023....

Sept 30, 2021

People

Estée Lauder announces Adut Akech as its new brand global ambassador.

International skincare and makeup manufacturer Estée Lauder has signed acclaimed model Adut Akech, as its new brand global ambassador. Adut will be featured from July in makeup and skincare campaigns across digital, TV, print, and in-store. Stéphane de La Faverie, group president, The Estée Lauder Companies said in a statement: “Adut is one of...

Jun 4, 2021

Business

Estée Lauder ups stake in Deciem

The Estée Lauder Companies (ELC) has increased its 29 percent stake in Canadian-based multi-brand group Deciem to a majority stake of 76 percent. ELC said it has agreed to purchase the remaining interests after a three-year period “at a price that will be determined based on the future performance of Deciem”. Deciem was founded in 2013 by the...

May 19, 2021

People

Estée Lauder appoints exec VP of global communications and public affairs

The Estée Lauder Companies has appointed Meridith Webster to the newly-created role of executive vice president, global communications and public affairs, effective May 17. In her new position, Webster will succeed Alexandra (Alex) Trower as head of global communications and Maria Cristina (MC) González Noguera as head of global public affairs....

May 11, 2021