Estée Lauder employees petition to remove heir Ronald Lauder from board

By Sarah Parsons | Published: 8-Jun-2020
Finance Marketing

The demand challenges the relationship between President Trump and the billionaire son of Estée Lauder

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A petition calling for an heir of Estée Lauder Companies (ELC) Ronald Lauder to be removed from the company's board has

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CEO Stéphane de La Faverie confirmed the beauty giant is reviewing its brand portfolio as it seeks a return to profitability, placing some of its underperforming brands in the spotlight

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