Estee Lauder (EL) CEO Stephane de La Faverie says he is committed to reigniting growth and achieving "solid double-digit margin" for the company. "We need to be reactive to where the consumer goes, and we need to make sure we give them the innovation they are looking for in the time that they want it," he said.
The beauty and cosmetic giant recently announced its "Beauty Reimagined" plan to try and improve profitability and lift the company's struggling share price. De La Faverie joins "The Pulse with Francine Lacqua" exclusively on Bloomberg TV.
Stéphane de la Faverie is Group President at The Estée Lauder Companies, Inc.
In his past career he held the position of Senior VP, GM-Origins, Ojon & Darphin Brands at The Estée Lauder Companies, Inc., General Manager for L'Oréal USA, Inc., Area Manager-Luxury Products Group at Lancome International and Vice President-Marketing for Lancôme USA.
The Estée Lauder Companies Inc. is one of the 1st world cosmetics groups. Products are sold under brands (Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, Bobbi Brown, La Mer, Aveda, Jo Malone London, Bumble and bumble, Darphin, TOM FORD, Smashbox, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+, The Ordinary and NIOD) and under brands of licenses (AERIN, BALMAIN and Dr. Andrew Weil). Net sales break down by family of products as follows:
- skin care products (48.6%);
- make-up products (29.4%);
- perfumes (17.4%);
- hair care products (3.9%);
- other (0.7%).
At the end of June 2025, products are marketed through about 1,600 outlets worldwide, distributed between large stores, perfume shops, pharmacies, beauty institutes and exclusive shops, and via Internet.
Net sales are distributed geographically as follows: Americas (30.8%), Europe/Middle East/Africa (37.5%) and Asia/Pacific (31.7%).
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