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Tag: Estée Lauder

  • Esteé Lauder’s Visionary Leader Leonard A. Lauder Dies At 92: A Legacy Of Transformation And Philanthropy

    Esteé Lauder’s Visionary Leader Leonard A. Lauder Dies At 92: A Legacy Of Transformation And Philanthropy

    The former chairman of Esteé Lauder, Leonard A Lauder, has sadly passed away at the age of 92.

    Loss of a Visionary

    Lauder’s death leaves a significant void in the company and the wider industry. His son, Gary M Lauder, who is also a member of the Esteé Lauder board of directors, expressed his sorrow at the loss. He emphasized the immeasurable impact of Lauder’s life, the significant contributions he made to the company, and the values of integrity, curiosity, and philanthropy that he instilled in the Esteé Lauder family. His presence will be sorely missed.

    A Tenacious Leader

    Lauder, the elder son of Esteé and Joseph H Lauder, joined the family business more than six decades ago. Armed with vision and tenacity, he played an instrumental role in the company’s transformation. Under his leadership, Esteé Lauder evolved from a single brand in the U.S. market to a global cosmetics giant boasting multiple illustrious brands.

    Before his tenure as chairman, Lauder held several leadership positions within the company, including serving as the president and CEO of Esteé Lauder from 1972 to 1999.

    Brand Expansion and Acquisitions

    Lauder was also instrumental in initiating the launch of various brands such as Aramis, Clinique, and Lab Series. His strategic vision extended to the company’s acquisition strategy, leading to the inclusion of prestigious brands like Aveda, Bobbi Brown, Jo Malone London, La Mer, and Mac under the Esteé Lauder umbrella.

    Stephane de La Faverie, current president and CEO of Esteé Lauder, recognized Lauder as an industry icon and pioneer who inspired employees and garnered respect worldwide for his visionary leadership.

    Philanthropy and Beyond

    Beyond his business ventures, Lauder dedicated his efforts to various fields, including medical research, particularly in the areas of cancer and Alzheimer’s, public education, art, foreign policy, and philanthropy. His varied contributions earned him several prestigious awards and accolades.

    Questions & Answers

    What role did Leonard A Lauder play in Esteé Lauder’s growth?
    Leonard A Lauder was instrumental in transforming Esteé Lauder from a single-brand company into a multi-brand cosmetics powerhouse with a global presence.

    What were some of the brands that Leonard A Lauder introduced?
    He initiated the launch of several brands, including Aramis, Clinique, and Lab Series, and contributed to the company’s acquisition of Aveda, Bobbi Brown, Jo Malone London, La Mer, and Mac.

    What contributions did Leonard A Lauder make outside of his business ventures?
    Lauder was heavily involved in various philanthropic activities, including cancer and Alzheimer’s research, public education, art, foreign policy, and philanthropy, earning him several prestigious awards.

  • Estee Lauder sinks after dour 2023 outlook due to slow recovery in Asia

    Estee Lauder sinks after dour 2023 outlook due to slow recovery in Asia

    Estee Lauder Cos’s shares plunged on Wednesday after the cosmetics maker forecast weaker sales and profit for the year than previously estimated, blaming slow recovery at duty-free and travel destinations, especially in Asia.

    Global retailers have banked on improved demand out of Asia after China eased Covid restrictions last year, but Estee’s travel retail division, one of its highest-growth sectors, did not rebound as expected.

    Shares of the company hit a six-month low of US$190.30 during trading hours after Estee Lauder slashed its fiscal-year forecasts for a third time. They closed down 17 percent at $202.70.

    Estee expects full-year 2023 net sales to fall between 10 percent and 12 percent, compared with its prior forecast of a 5 percent to 7 percent decrease.

    It said while major shopping districts such as Hainan, an island in the southernmost province of China, and Korea saw more traffic, the conversion of travelers to consumers in luxury beauty lagged.

    Even though China relaxed pandemic-related restrictions, the company saw January 2023 pressured by retailers destocking due to an increase in Covid-19 cases.

    Meanwhile, European luxury companies LVMH and L’Oreal saw a rise in first-quarter sales, boosted by a rebound in Asia as China eased Covid restrictions last year.

    Barclays analyst Lauren Lieberman said in a note that Estee’s forecast was the “last thing” expected even by the Street and the company’s comments on its travel retail division in Asia raise doubt on how much “control or visibility” Estee has in sales through this channel.

    CFO Tracey Travis said in a post-earnings call Estee has seen improvement in travel retail, which includes duty-free sales at airports and shopping districts in China and Korea, through the third quarter, and the company also expects sales from the segment to rise in double digits.

    However, Travis said it’s “difficult to know” when travel in China and Korea will normalize.

    Estee’s sales also remain challenged in the US, another major market. The company’s organic sales in the Americas grew in double digits last fiscal year, but began to decline in the first quarter of 2023.

    Bernstein analyst Callum Elliott said the company’s brands skew toward older customers even as millennials and Gen-Z increase their share of beauty spending.

    According to Travis, Estee has also been challenged by the growth of smaller competitors in the beauty space.

    “We’re seeing an awful lot of indie activity in the US that has taken share gains away from the largest companies,” she said.

    Estee reported mid-single-digit growth in North America in the third quarter, while prestige beauty as a category grew more than 16 percent, according to data from Circana.

    LVMH said its US spending declined in the April earnings call, though the company noted its performance there was strengthened by brisk business at its Sephora beauty chain.

    A stronger dollar has also hurt Estee, which has sprawling global operations and convert foreign currencies into the greenback.

    Estee forecast adjusted per-share profit to fall by 50 percent to 51 percent, compared with a 27 percent to 29 percent decrease it expected earlier.

    The company beat third-quarter sales expectations, but missed profit estimates.

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  • Estee Lauder to buy Tom Ford in US$2.8 billion deal

    Estee Lauder to buy Tom Ford in US$2.8 billion deal

    Estee Lauder Cos. Inc. said on Tuesday it agreed to buy U.S. fashion label Tom Ford for US$2.8 billion, its biggest deal yet, adding a line of beauty products and apparel to the Clinique brand owner’s portfolio.

    Luxury companies have so far enjoyed steady demand for their products, but cracks are starting to show as decades-high inflation forces some customers to tighten their purses.

    Estee said this month U.S. retailers were cutting stocks of its products amid worries of a demand slowdown and lowered its full-year forecasts, hurt by lockdowns in China.

    While Estee Lauder already sells Tom Ford beauty products and fragrances, the deal has raised some eyebrows on Wall Street.

    “Given the strength of Tom Ford Beauty, especially in EL’s most significant long-term growth market of China, we understand the appeal of the deal, but handling the fashion businesses leaves some questions,” Raymond James analyst Olivia Tong wrote in a note dated Nov. 14.

    The deal is the latest in a series of acquisitions by Estee Lauder, including taking control of Ordinary skincare brand owner Deciem last year for about US$1 billion.

    As of Tuesday’s close, Estee’s stock fell 17% since the deal talks with Tom Ford were reported by the media in August.

    Last week, Tom Ford entered into exclusive negotiations with Estee Lauder, beating competing bids from companies including Gucci owner Kering SA, the Financial Times reported on Friday.

    Estee expects to fund the transaction through a combination of cash, debt and US$300 million in deferred payments to sellers that become due beginning in July 2025, the company said.

    Chief executive officer Tom Ford will continue to serve as the brand’s creative visionary.

    Perella Weinberg Partners LP served as financial adviser to Estee, while Paul, Weiss, Rifkind, Wharton & Garrison LLP was its legal counsel. Goldman Sachs & Co. LLC was Tom Ford’s financial adviser and Skadden, Arps, Slate, Meagher & Flom LLP its legal counsel.

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  • Estée Lauder names Kōki as new Global Brand Ambassador

    Estée Lauder names Kōki as new Global Brand Ambassador

    The Estée Lauder Companies has named Japanese model Kōki as the newest global brand ambassador for its flagship Estée Lauder brand.

    She will feature across the brand’s digital, television, in-store, and print media, in domestic and travel retail markets, beginning with a makeup campaign in April. Kōki will also appear in all of Estée Lauder’s digital campaigns beginning in the Autumn.

    Kōki — real name Mitsuki Kimura — was born and raised in Tokyo. She began her modeling career in 2018 and appeared on the covers of several high-profile fashion magazines in Japan and in the wider Asia Pacific region. This includes Harper’s Bazaar Hong Kong, ELLE Japan, ELLE Hong Kong, Marie Claire Japan and InStyle China among others.

    In 2018, Kōki won the Elle Cinema Rising Star Award. The following year, she made her runway debut at the Chanel Cruise Collection fashion show. She is also currently serving as a brand ambassador for other leading luxury brands such as Bvlgari, Coach, and Louis Vuitton.

    Kōki joins a stellar roster of Estée Lauder brand ambassadors which include South Sudanese Model Anok Yai, Italian model/actress/socialite Bianca Brandolini D’Adda, American model Carolyn Murphy, Indian model Diana Penty, American models Grace Elizabeth and Karlie Kloss, Chinese Actress Yang Mi and recently-appointed Cuban actress Ana de Armas.

    “Kōki brings a fresh energy to the Estée Lauder brand,” commented The Estée Lauder Companies Group President and Estée Lauder and AERIN Global Brand President Stéphane de La Faverie. “We are excited to amplify her rising star power to connect our brand with a new generation of consumers in Japan and around the world while continuing the brand’s legacy of celebrating women across all backgrounds, ages, and ethnicities.”

    Commenting on her role, Kōki said: “It is a dream come true to join the Estée Lauder brand. It is such an iconic brand that is loved by so many women around the world. I am honored and grateful to be a part of it.”

  • Asia underpins stable and strong Estee Lauder result

    Asia underpins stable and strong Estee Lauder result

    Estee Lauder Cos reported better-than-expected quarterly results on Monday, as people confined to their homes bought more of its skincare products online and sales improved in its Asian markets. The M.A.C brand owner has ramped up investments in its online business and seen growth in demand for its skincare products as customers opted for serums and moisturizers instead of make-up items during the Covid-19 pandemic.

    “Before, online was mainly the destination of younger people. Now it’s for everyone. Everyone is online,” CEO Fabrizio Freda told analysts on a call.

    The company’s shares rose as much as 8.3 percent to a record high on Monday as online sales soared 40 percent in the first quarter.

    Its sales in the Asia-Pacific market rose 9 percent on the back of strong growth in South Korea, with demand at the company’s duty-free shops in China getting a boost from the government’s move to raise the annual tax-free shopping limit for tourists in the southern province of Hainan.

    Total sales at the company’s duty-free shops were flat year over year, after dropping roughly 30 percent in the previous quarter due to widespread restrictions on air travel.

    Total net sales fell 9 percent to $3.56 billion but exceeded analysts’ expectations of $3.46 billion, Refinitiv data showed.

    Estee forecast net sales to decline between 3 and 5 percent in the second quarter, compared with estimates of a near 5 percent decline.

  • Estee Lauder Singapore unveils new Ion Orchard store

    Estee Lauder Singapore unveils new Ion Orchard store

    Estee Lauder Singapore has reopened its store in the Ion Orchard shopping center with a completely new design. Located in the mall’s Basement Level 1, the Estee Lauder Ion Orchard store features a contemporary look, with blue navy wall and platinum elements.

    A digital screen is installed in front of the store, featuring images of the brand’s bestsellers, such as Advanced Night Repair or Pure Color Envy and Double Wear.

    “This new home offers a unique and elevated high-touch approach that has been paired with the latest innovations to meet our customers’ changing needs, to deliver the ultimate Estee Lauder experience,” said Christine Goh, brand GM of Estee Lauder Singapore.

    Storehouse’s interactive makeup ‘play tables’ for customers to engage while shopping.

    Customers can learn about Estee Lauder’s products by scanning QR codes or having exclusive one-on-one consultations. Personalized and gifting services are also available at the store.

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  • Estee Lauder declares strong growth across Asia

    Estee Lauder declares strong growth across Asia

    Estee Lauder has reported “strong double-digit sales growth” in nearly every Asia-Pacific market in the latest quarter.

    Globally, the company achieved sales of US4.62 billion in the three months to December 31, up by 15 percent year on year, but in Asia especially the cosmetics giant thrived.

    “Greater China delivered strong double-digit net sales growth,” the company said in a statement.

    “Growth accelerated on the mainland, reflecting, in part, an outstanding performance related to Singles Day and other events. Net sales in Hong Kong declined as a result of the ongoing events impacting key shopping areas.”

    The company said emerging markets in Southeast Asia also delivered strong growth.

    “Among developed markets, South Korea rose in double digits and both Japan and Australia grew solidly in constant currency.”

    Online sales more than doubled in the region.

    Estee Lauder reported net earnings of $557 million, down from $573 million last year.

    “We delivered superb results in our second quarter, leading to an excellent first half,” said Fabrizio Freda, president and CEO. “Our multiple engines of growth generated broad-based gains across all our regions and major categories, as our prestige brand portfolio was well received by global consumers during the Singles Day event and holiday season.

    “Our sales growth came from all facets of our business, including the Asia/Pacific region, the skincare and fragrance categories, the online and travel retail channels, and the Estee Lauder, La Mer and luxury fragrance brands. Our emerging markets continued to be vibrant and we made progress towards the stabilization of our North American business despite continued softness in the makeup category. Additionally, we completed the acquisition of the Korean-based Dr Jart+ brand at the end of the quarter, which strengthens our position in global skincare.”

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  • Estee Lauder bought South Korean Dr Jart+ Brand

    Estee Lauder bought South Korean Dr Jart+ Brand

    Estee Lauder has acquired the remaining two-thirds it does not already own of Have & Be, the Seoul-based company behind skincare brand Dr Jart+.

    The global cosmetics company bought a minority stake in Have & Be in December 2015 and expects to close on the balance next month.

    With Dr Jart+, Estee Lauder hopes to strengthen its leadership position in Asia Pacific and be able to expand further there and in North America and the UK.

    “The Estee Lauder Companies is the ideal home for our brands,” said Chin Wook Lee, founder and CEO of Have & Be. “Since the beginning of our partnership four years ago, the company has shared its mission to provide the very best skin-care and beauty products to consumers around the world. We are excited for the opportunity to continue this partnership as we continue to innovate and grow our brands globally.”

    Since the partnership with Estee Lauder in 2015, Dr Jart+ has witnessed significant growth and is expected to achieve more than US$500 million in net sales this calendar year. Have & Be’s total enterprise is valued at approximately US$1.7 billion.

    President and CEO of The Estee Lauder Companies, Fabrizio Freda, says Dr Jart+’s focus on creating high-quality skin care products that fuse dermatological science, innovation capabilities and artistic expression make it a terrific, strategic addition to Estee Lauder’s diverse portfolio of prestige beauty brands.

    “We look forward to continued global growth in the years to come.”

    Founded in 2005, Dr Jart+ is now one of the fastest-growing skincare brands in the world. Its products are currently available in 36 markets internationally, through 5524 retail outlets.

  • Estee Lauder Asia sales rose 24 per cent in latest quarter

    Estee Lauder Asia sales rose 24 per cent in latest quarter

    Estee Lauder Asia Pacific sales rose 24 per cent in the latest quarter – a stark contrast to the cosmetics giant’s US performance, where revenue fell 6 per cent.

    Global net sales increased 11 per cent to US$3.9 billion, or by 12 per cent on a constant-currency basis. Net earnings rose 19 per cent to $595 million

    But the company has cautioned that the ongoing Hong Kong protests and the stronger US dollar will impact on the current quarter.

    Estee Lauder said sales in Hong Kong fell 20 per cent in the first quarter, but given they account for just 4 per cent of global sales, the impact so far is muted.

    CEO Fabrizio Freda told analysts on an earnings call that Hong Kong “has been difficult” and as yet no improvement is evident.

    The economic gloom in Greater China, fuelled by trade tensions and the appreciating Renminbi, is also worrying Estee Lauder.

    “Given the fact that there are global macro slowdowns, even though we haven’t, in fact, seen it in China and haven’t seen it affect our Asia business in general … it certainly could happen,” said CFO Tracey Travis, quoted by Reuters.

    Freda said in a statement that sales growth was led by excellent results from international markets – particularly China – and other emerging markets. The skin-care category, travel retail and online channels globally, the flagship Estee Lauder brand and several luxury brands, all grew by double-digit rates.

    “In addition, all four of our biggest brands, each with annual sales well over $1 billion, grew globally. This demonstrates the enduring consumer interest in established brands and their proven, desirable products.”

  • Estee Lauder Asia sales uphill

    Estee Lauder Asia sales uphill

    Estee Lauder Asia sales soared 25 percent in the year to June, with China, Hong Kong, and the emerging markets in Southeast Asia the main performers.

    The more mature Japanese and South Korean markets were also “strong contributors” to the company’s result in the region.

    “The company delivered strong double-digit net sales increases, both on a reported basis and in constant currency,” Estee Lauder reported in a statement. “The growth was broad-based, with all markets in the region growing and more than half up double-digits in constant currency. The Company generated double-digit net sales growth in every product category and major channel.”

    Estee Lauder Asia was a standout in the company’s results, with global net sales up 9 percent to US$14.86 billion, or 12 percent on a currency-neutral basis. Net earnings rose from $1.11 billion last year to $1.79 billion.

    “This was an outstanding year for our company,” said president and CEO Fabrizio Freda.

    “We achieved strong net sales gains across our business, fuelled by investments in our strategic priorities, including improved data analytics that helped power our innovation and digital marketing. Our winning strategy led to continued share gains in global prestige beauty.

    “With savings from our Leading Beauty Forward initiative and cost discipline throughout the organization, we grew profit far ahead of our net sales growth, while also investing in our strategic priorities,” he said.

    “Many engines drove our growth. They included: nearly every market in the Asia/Pacific region and many other important emerging markets around the world; our skincare category in every region; the travel retail and online channels globally; and compelling innovations and high-quality products, which drove strong repeat purchases. Globally, three of our four largest brands grew strongly as did many of our small and mid-sized brands. Our results were particularly impressive given macro volatility and challenges in several key markets demonstrating our successful strategy of multiple engines of growth and our agility to reallocate resources to the best opportunities.”

    Freda said the results capped a remarkable decade of strategic and operating achievements.

    “Since launching our current strategy in 2009, we have diversified and strengthened our company, creating a solid foundation to continue our growth.”

    He said the prestige beauty category continues to be one of the most desirable consumer sectors.

    “As the best diversified pure-play in the industry, we are uniquely positioned to capture global share. In fiscal 2020, we plan to continue to invest in the most compelling opportunities, including those in emerging markets beyond China. We expect another year of strong net sales growth, margin improvement and a double-digit increase in earnings per share.”

  • Estée Lauder Wants to Maximise Every Second of your Beauty Sleep

    Estée Lauder Wants to Maximise Every Second of your Beauty Sleep

    Join us as Estée Lauder celebrates its first ever Power of Night exclusive pop-up. Visit us from 23th to 24th March (11am to 8pm) to understand how modern life affects our skin and discover our iconic Advanced Night Repair serum maximises skin repair with every second of beauty sleep. Learn how a lack of sleep* and constant exposure to blue light** accelerates skin ageing, causes fine lines and a loss of firmness and pigmentation.

    As a leader in skin repair for over 35 years, Estée Lauder continuously studies the key factors behind visible skin ageing. Research shows that a lack of sleep not only affects our skin’s natural reparative process but also accelerates premature signs of skin ageing.

    Sleeping less than five hours every night increases the impact of stress on the body, resulting in a breakdown of collagen and elastin, causing it to be more susceptible to damage caused by environmental aggressors*.

    Modern life equals multiple skin assaults and the constant exposure to blue light, especially at night, disrupts the skin’s natural repair process and causes accelerated skin ageing**.

    It is no surprise then that a good night’s sleep is not only important to recharge the body but also helps keep skin youthful and healthy.

    Beauty Sleep In Progress

    During our exclusive pop-up, learn about Estée Lauder’s iconic Advanced Night Repair in the Living Room. Through an interactive night discovery quiz, discover how our patented ChronoluxCB™ Technology works with the body’s natural circadian rhythm to boost skin repair and renewal functions for a radiant and youthful look when you wake.

    In the bedroom, explore different ways of using Advanced Night Repair serum with our Power Of Night film series muses Joanne Peh, Nurul Aini and Oon Shu An and journey with them through our Insta-worthy beauty stations. Learn beauty hacks with Estée Lauder’s breakthrough repair serum for all your beauty occasions by strengthening the skin, improving hydration and enhancing your skin’s glow.

    Take our discovery quiz and bring home your very own Advanced Night Repair serum sample to kick start your Advanced Night Repair beauty regimen.

    Create your customised bedtime renewal routine and steal the spotlight with our Pro Artists using our best-selling Double Wear Stay-in-Place Foundation and our new luxury lipstick collection Pure Color Desire.

    Scribe your sleep resolutions on the Sleeping Beauties Wall and join us in spreading the love for Advanced Night Repair by posting your favourite sleeping beauty images on the ‘gram. Tag your photos with the event hashtags to enter the Estée Lauder #PowerOfNightSG Instagram contest, and stand a chance to win a full-size bottle of Advanced Night Repair.

    Unleash the power of night with Singapore’s #1 serum — Estée Lauder Advanced Night Repair.

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  • Asia-Pacific boosts Estee Lauder revenue

    Asia-Pacific boosts Estee Lauder revenue

    Estee Lauder Asia-Pacific sales achieved double-digit growth in the December quarter. The beauty giant says the growth was broadbased, with nearly half of the markets in the region growing by double digits. “China, Hong Kong and Japan continued to deliver strong growth, and Korea net sales accelerated. Prestige beauty in China accelerated and the company continued to build share,” the company said in a statement.

    “[We] generated double-digit net sales growth in virtually every major product category and channel. Operating income increased, primarily due to higher net sales.”

    Globally, Estee Lauder sales exceeded US$4 billion for the first time, up 7 per cent from the same time a year earlier. Net earnings rose to $573 million compared with $123 million last year.

    “We delivered an excellent performance in our fiscal second quarter,” said president and CEO Fabrizio Freda. “Importantly, this was our eighth consecutive quarter of impressive net sales growth that met or exceeded our long-term goal, all while navigating many global macro issues.

    “Our sustained progress is the result of our multiple engines of growth strategy, and demonstrates our agility in moving resources to the best global opportunities,” he said.

    The strongest growth engines during the quarter included the skin care category globally, the Estee Lauder Asia-Pacific business, online and travel retail channels, and most brands, including Estee Lauder, La Mer, Mac and the company’s artisanal fragrance brands.

    “Despite a volatile and challenging backdrop, we are optimistic about our company’s long-term outlook. We are very well-positioned to build share in global prestige beauty,” Freda said.

    “We plan to increase our investments during the next six months behind our successful innovations, high-quality products, compelling digital advertising and effective commercial execution, while also enhancing our capabilities to strengthen our industry leadership and deliver long-term profitable growth.”

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  • Estee Wonderland Christmas campaign uses AI technology

    Estee Wonderland Christmas campaign uses AI technology

    International skincare and beauty firm Estee Lauder has featured AI technology in its Estee Wonderland Christmas campaign in Hong Kong.

    The Quantum Human technology is an automated AI scan-to-avatar system that makes the customer the hero or heroine in their own virtual fairy tale.

    The carousel-themed Estee Wonderland promotion also features pop-up counters, where visitors can take a “magical carousel ride” into a favourite childhood fairytale as their avatars travel through time in a 22-second virtual reality movie.

    The technology is the brainchild of eight years of research and development. It uses expertise previously reserved for Hollywood productions to create virtual characters. The avatar automation process takes only a second.

    Unlike 3D scanning, where data cannot be used in media other than 3D printing, the Quantum Human technology enables true automation of the virtual identity creation en masse in full detail. As opposed to the month-long manual process, Quantum Human brings 3D avatars to life in minutes – 10,000 times faster than the manual process – making it viable for a broad spectrum of uses.

    The promotion has finished at Estee’s Langham Place store before moving to New Town Plaza, Sha Tin from November 10-18 and Ocean Terminal at Harbour City from November 26 to December 4.

    More pictures from the events (5 images) :

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  • Estee Lauder Hong Kong, China show good numbers

    Estee Lauder Hong Kong, China show good numbers

    Cosmetics giant Estee Lauder says it achieved sales growth in every global market last financial year, led by strong double-digit increases in China and Hong Kong.

    Every single category posted growth as well.

    Globally, Estee Lauder sales reached $13.68 billion, a 16 per cent increase on last year.

    Operating income of $2.05 billion, was up 21 per cent from the prior year, while net earnings of $1.11 billion, was down 11 per cent.

    President and CEO Fabrizio Freda said the results reflect, in part, the company’s strategy to drive growth by targeting its investments to shifts in consumer and market dynamics across product categories, geographic regions, brands and distribution channels. That strategy positioned the company well for the resurgence in global prestige skin care growth as well as the strong increase in demand among Chinese consumers.

    “Sales climbed in virtually all our brands and we hit milestones along the way. Among the top four brands, our flagship Estee Lauder brand achieved record global sales and grew 22 per cent in constant currency, demonstrating the amazing equity of the brand. La Mer became the fourth brand in our portfolio to contribute well over $1 billion in net sales, and we increased sales at Mac and Clinique globally.”

    He said product innovation and creativity were strong across brands and boosting investment in digital advertising helped accelerate sales growth.

    Freda concluded: “In fiscal 2019, we will continue to create products that appeal to a more diverse and growing middle class around the world.”

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  • DFS X Estee Lauder Create The Essential Travel Beauty Experience With The Chic Never Sleeps Campaign

    DFS X Estee Lauder Create The Essential Travel Beauty Experience With The Chic Never Sleeps Campaign

    DFS Group, the world’s leading luxury travel retailer, and Estée Lauder are inviting fans to travel beautifully this May with the launch of the exclusive Chic Never Sleeps campaign.

    Inspired by travelers’ desire to look their best while enjoying the best in life, the Chic Never Sleeps campaign tells the story of two young friends, Natalie and Elise, who share a love of travel and use the Estée Lauder “Beautiful Skin Travel Collection” to stay rehydrated and refreshed. Available exclusively at DFS stores until May 31, the “Beautiful Skin Travel Collection” features Estée Lauder’s beauty essentials created especially for traveling millennials.

    The new collection of Estée Lauder’s best sellers includes Advanced Night Repair Synchronized Recovery Complex II, the Advanced Night Repair Eye Synchronized Complex II and the Revitalizing Supreme + Global Anti-Aging Cell Power Soft Crème, all now available as a DFS travel set.

    Customers can share their own Chic Never Sleeps look at exclusive pop-ups when visiting T Galleria by DFS, Hong Kong, Canton Road, T Galleria by DFS, Macau, City of Dreams and T Galleria by DFS, Hawaii. Designed to mirror a luxury in-flight experience, the Chic Never Sleeps pop-ups feature a suite of beauty essential services to supercharge your skincare and makeup looks when you fly. Shoppers can also immerse themselves in the campaign with a 360-degree localized photo booth so they can share their Chic Never Sleeps look on social media from each destination.

    For added digital fun in store, at T Galleria by DFS, Hawaii, T Galleria by DFS, Hong Kong, Canton Road, T Galleria Beauty by DFS Hong Kong, Causeway Bay, T Galleria by DFS, Singapore, and DFS, Los Angeles International Airport, fans can virtually try-on their favorite Pure Color Love lipstick or discover the best shade for that destination using Estée Lauder’s augmented reality program, YouCam Makeup X Estée Lauder.

    Discover the Chic Never Sleeps campaign and the DFS exclusive “Beautiful Skin Travel Collection” at the following DFS stores until May 31:

    T Galleria by DFS Hong Kong, Tsim Sha Tsui East

    T Galleria Beauty by DFS Hong Kong, Causeway Bay

    T Galleria by DFS, Hong Kong, Canton Road

    T Galleria by DFS, Macau, City of Dreams

    T Galleria by DFS, Macau, Shoppes at Four Seasons

    T Galleria Beauty by DFS, Macau, Galaxy Macau

    T Galleria Beauty by DFS, Macau, MGM Cotai

    T Galleria Beauty by DFS, Macau, MGM Macau

    T Galleria by DFS, Macau, Studio City

    T Galleria by DFS, Singapore

    T Fondaco dei Tedeschi by DFS

    T Galleria by DFS, Saipan

    DFS, San Francisco International Airport

    DFS, Los Angeles International Airport

    T Galleria by DFS, Hawaii

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