News for Estee Lauder
Mar 9 · 11:49:00 AM · Source: Internetretailer.com
Cosmetics manufacturer and marketer The Estee Lauder Companies Inc. has created a new division, The Corporate Marketing Center of Excellence, aimed at boosting its global marketing efforts and driving traffic to its e-commerce sites. The company appointed Johnson & Johnson marketing executive Georgia Garinois-Melenikiotou, to oversee the division as senior vice president, corporate marketing, effective April 1.
In her new role, Garinois-Melenikiotou will oversee the corporate marketing team that supports Estee Lauder’s brand-specific marketers as well as its research and development and regional teams. She will lead efforts to strengthen consumer marketing effectiveness across the organization.
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by Rich Pike
Oct 30 · 8:47:00 AM · Source: Company News Release
Estée Lauder Companies Inc. Friday said it had fiscal first-quarter net earnings of $140.7 million, compared to $51.1 million last year. Net earnings per common share for the quarter rose to $0.71, from $0.26 in the prior year. For the first quarter, the Company had net sales of $1.83 billion, a 4% decrease compared with $1.90 billion reported in the prior-year period.
Earnings beat estimates by a big margin
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by Larry Etter
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