Estée Lauder Companies (ELC) is reportedly reviewing its brand portfolio following a recent management reshuffle.
This could allegedly see the MAC Cosmetics and Clinique owner sell off some of its brands, according to insiders who spoke with publication Bloomberg.
The investment banking firm Evercore is reportedly said to be working with ELC on the review.
Individuals close to the matter told Bloomberg that deliberations remain ongoing and that there is no guarantee that brands will be sold.
ELC has experienced one of its most significant management shake-ups over the past year.
In January 2025, Ronald S Lauder, the son of founder Estée Lauder, announced his retirement from the company’s board of directors.
The announcement came just days after Stéphane de La Faverie took over as the US beauty giant’s President and CEO.
Peter Jueptner is also stepping down as Group President, International, and will exit his position on 1 April and then depart the company on 30 June.
Jueptner is an ELC veteran, having worked for the American beauty conglomerate for 16 years.
Long-serving ELC board member Richard Parsons, meanwhile, retired at the end of 2024.
The businessman, previously chairman of Citigroup, as well as chairman and CEO of Time Warner, stepped down due to health reasons and passed away on 26 December aged 76.
Meanwhile, Leonard Lauder, Ronald’s brother and father of William, ceded his directorship at the end of 2023.
He has, however, remained with the company as Chairman Emeritus.
Cosmetics Business has contacted ELC for comment.