Is Estée Lauder open to acquiring other companies?

Yes, Estée Lauder is open to acquisitions as part of its strategy to accelerate growth and rebuild profitability.

What is Estée Lauder's current focus?

The company's current focus is on accelerating growth and rebuilding profitability, which includes brand incubation and potential acquisitions.

How is Estée Lauder performing in China and the US?

Estée Lauder is experiencing a strong start in China, especially in fragrance sales, and brands like The Ordinary are selling well in the US.

Home / Business and Economy / Estée Lauder Eyes Acquisitions Amid Turnaround

Estée Lauder Eyes Acquisitions Amid Turnaround

23 Feb

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Summary

Estée Lauder is open to acquisitions to boost growth.
The company is focused on rebuilding profitability.
China shows a strong start in fragrance sales this year.

Estée Lauder Eyes Acquisitions Amid Turnaround

Estée Lauder Cos. is actively considering acquisitions as part of its ongoing turnaround strategy, now in its second year under CEO Stéphane de La Faverie. The company is prioritizing accelerated growth and enhanced profitability, a plan that involves both incubating new brands and potentially acquiring others.

De La Faverie indicated a strong start to the current year in China, particularly for fragrance sales, while also noting robust performance from brands like The Ordinary in the United States. This strategic focus comes as Estée Lauder works to regain market share and boost sales.

The company may also divest brands that are not meeting performance expectations. Additionally, Estée Lauder is assessing the impact of recent US Supreme Court decisions on tariffs, which were previously anticipated to affect profitability. The CEO emphasized the company's ability to adapt to external factors like geopolitics by focusing on internal business operations.

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