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The beauty company is going with an insider for its next chief. That approach has its advantages — but new ideas and fresh perspective are not among them.

Estée Lauder shares plunged more than 20% on Thursday after the cosmetics giant withdrew its full-year earnings forecast and revealed weak demand for its luxury fragrance and cosmetic products.

Estée Lauder Companies (ELC) has appointed Stéphane de la Faverie as chief executive officer and president of the American beauty conglomerate.

Shares of Estée Lauder (NYSE: EL) were taking a dive today as the cosmetics giant continued to struggle with weakness in China as the company also cut its dividend and pulled its guidance for the ...

Estée Lauder (EL) stock is sinking Thursday after the beauty company withdrew its 2025 guidance and slashed its quarterly dividend by 47%. The dramatic move comes amid leadership changes and ...

The family feud at Estée Lauder is turning into a financial crisis. Shares of the beauty giant plunged 21% Thursday after the company slashed its dividend by nearly half and pulled its financial ...

Cosmetics giant Estee Lauder has picked senior executive Stéphane de La Faverie to take over as its CEO, the Wall Street Journal reported Monday, citing people familiar with the matter.

Estée Lauder named longtime company veteran Stéphane de La Faverie as chief executive, betting that the insider can execute the sweeping turnaround that Wall Street wants. De La Faverie ...

Estée Lauder Cousins Leave Daily Roles as Shares Tumble Jane and William Lauder will remain on the company’s board Shares have plunged by two-thirds in the past two years ...

Citing unnamed "people familiar with the matter," the financial newspaper wrote that Estée Lauder's board has selected insider Stéphane de la Faverie to take the reins of the company.

Estée Lauder Cos. named longtime company veteran Stéphane de La Faverie as chief executive officer, betting that the insider can execute the sweeping turnaround that Wall Street wants.