Sale or no sale? The full memo sent to Estée Lauder employees

Published: 30-Aug-2017
Finance

After rumours of a sale, William Lauder and Fabrizio Freda send this personal internal note to its employees

You need to be a subscriber to read this article.
Click here to find out more.
Embed from Getty Images

The Estée Lauder Companies has issued a personal note to employees from Executive Chairman William Lauder and CEO Fabrizio Freda.

The memo, seen by Cosmetics Business, follows rumours that started

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
See more

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Recruitment

From Estée Lauder to Chanel: The beauty industry’s biggest job cuts of 2025

Read more
Mass beauty brand owners and luxury firms alike have made layoffs this year amid falling sales and tough economic challenges. Are more to come?

Trending Articles

  1. L'Oréal, LVMH and Luxottica named preferred buyers of Giorgio Armani empire The late Italian fashion designer has given purchasing priority to L'Oréal, along with LVMH, owned by the world’s richest man, Arnault Bernard, and eyewear brand Luxottica
  2. You need to be a subscriber to read this article.
    Click here to find out more.
    Marionnaud pulls out of Poland The retailer is looking to complete the process in Q1 of 2014
  3. You need to be a subscriber to read this article.
    Click here to find out more.
    From Estée Lauder to Chanel: The beauty industry’s biggest job cuts of 2025 Mass beauty brand owners and luxury firms alike have made layoffs this year amid falling sales and tough economic challenges. Are more to come?
  4. Face The Future grows luxury hair portfolio with Luxurious Look acquisition The online beauty retailer’s acquisition of the luxury hair care retailer comes as Face The Future enters a new growth phase
  5. Klarna launches new shopping app allowing users 'buy now, pay later' via any online retailer The app has been rolled out to UK-based consumers and means users can split the cost even if the store has not officially partnered with the Swedish fintech

Upcoming event

13th Annual Beauty Trends & Innovations Conference

24 September 2025 | London, UK See all

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Recruitment

From Estée Lauder to Chanel: The beauty industry’s biggest job cuts of 2025

Mass beauty brand owners and luxury firms alike have made layoffs this year amid falling sales and tough economic challenges. Are more to come?
Finance

Estée Lauder Companies slashes 3,200 jobs – and 3,800 more hang in the balance

The ELC job loss news comes as the US beauty giant reported a significant downturn in sales for its full-year 2025 results
You need to be a subscriber to read this article.
Click here to find out more.
Finance

What’s behind Estée Lauder’s analyst upgrades by Deutsche Bank, HSBC and JP Morgan?

Positive action from investment banks indicate that Estée Lauder Companies ‘Beauty Reimagined’ turnaround plans are starting to pay off
Finance

Estée Lauder Companies hires ex-Nestlé exec Aude Gandon for ‘critical role’

Gandon has been named Chief Digital & Marketing Officer, a newly formed role to help the US beauty giant ‘build stronger consumer connections’ in the digital age
You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics

Is the ‘lipstick effect’ still relevant in today’s radically different beauty climate?

The lipstick effect may be in need of an update, as a shift in consumer purchasing habits and an economic downturn put a spotlight on the industry’s bellwether metric
Finance

Estée Lauder Companies appoints SVP/General Manager Northern & Western Europe

Franck Besnard, previously ELC’s General Manager for France, has been entrusted with the US beauty giant’s Northern and Western Europe regions
You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics

Exclusive: Estée Lauder Companies UK&I appoints VP & General Manager, Makeup & Artistry Cluster

Sara Staniford will steer the beauty giant’s UK and Ireland Makeup & Artistry Cluster, which comprises MAC Cosmetics, Bobbi Brown and Too Faced
Subscribe now