Estee Lauder must face a lawsuit accusing the cosmetic giant of defrauding shareholders by concealing its overdependence on improper gray-market sales in China, a federal judge in Manhattan ruled on ...

With a C-suite shuffle, thousands of layoffs, an Amazon U-turn and a disappearing outlook, it was a wild ride in 2024 for the ...

Chinese suppliers are now offering luxury items directly to consumers. These items are made for brands like Birkin and Louis ...

A supplier who makes bags for Birkin said that the cost price of models that sell for $34,000 (about Rs 29 lakh) are actually ...

JPMorgan analyst Andrea Teixeira lowered the firm’s price target on Estee Lauder (EL) to $61 from $72 and keeps a Neutral rating on the shares ...

Estée Lauder was up around 11% at $55.33 in afternoon trading, with Coty climbing 12% to $5.26. E.l.f., which has the largest supply chain exposure to China when compared to its competitors because it ...