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...New-York listed Estée Lauder, home to brands including MAC and La Mer, warned on Wednesday that it expected sales for the year to fall between 10 per cent and 12 per cent, steeper than the 5 per cent to...
...At Estée Lauder, similarly, chief financial officer Tracey Travis told a conference that it was seeing more price sensitivity for its “entry-level” products but customers of La Mer were still loyal to the...
...On Tuesday the company behind brands MAC and La Mer took the axe to its full-year outlook....
...group’s skincare segment drove revenue in the quarter and increased 6 per cent from a year earlier, although the restrictions in China partially offset double-digit sales growth for its skincare brand La Mer...
...players L’Oréal and Estée Lauder have already exceeded their pre-pandemic sales, helped by their large presence in the booming Chinese market and strength in skincare with brands such as Lancôme and La Mer...
...A version of this article was first published by Nikkei Asia on June 8 2022. ©2022 Nikkei Inc. All rights reserved....
...The drug could potentially become a tool to prevent future pandemics, as some trials had shown it worked against other coronavirus, such as Sars and Mers, he said....
...Estée Lauder, whose brands include MAC and La Mer, delivered a nearly blemish-free quarter....
...A version of this article was first published by Nikkei Asia on May 10 2021. ©2021 Nikkei Inc. All rights reserved....
...The company has tried to make vaccines for pandemic flu and other coronaviruses such as Sars and Mers, but never got as far as approval....
...Previous epidemics, including Sars and Mers, have run their course before a vaccine was ready or pharma groups had even been able to complete trials....
...After Singhvi left, Novavax added an adjuvant — which boosts the efficacy of a vaccine — and embarked on developing vaccines for Sars, Mers, and then the respiratory syncytial virus (RSV), a common virus...
...To preserve cash, the company behind the MAC and La Mer brands is cutting up to 2,000 jobs, about 3 per cent of its global workforce, and closing 10-15 per cent of freestanding stores....
...Make-up sales at Estée Lauder Companies Inc were up four per cent, also led by a boom in Asia, where MAC lip products, Estée Lauder Double Wear foundation and Tom Ford eyeshadows were flying off the shelves...
...Following the Mers epidemic in 2015, the country adopted sweeping emergency powers that could be used in the event of a healthcare crisis....
...Discovered by researchers at Emory University in Atlanta, EIDD-2801 had been intended as a drug for rare encephalitic viruses, but has also shown promise at tackling coronaviruses such as Sars and Mers....
...Yet Bakkt, along with other recent acquisitions such as mortgage provider Mers and last year’s $335m purchase of real estate technology group Simplifile, are long-term projects that are unlikely to materially...
...The Covid-19 vaccines benefit from groundwork done for the Sars and Mers coronaviruses even if they were never approved, says Walter Orenstein, a professor at the Emory Vaccine Center in Atlanta....
...It has survived norovirus, Sars and Mers, as well as regular outbreaks of gastroenteritis and legionnaires’ disease....
...Combined with a forecast-beating second-quarter result that saw sales growth across most of its brands — including its eponymous cosmetics as well Mac and La Mer — shares shot more than 10 per cent higher...
...Growth in La Mer, Estée Lauder and certain other luxury brands was offset by lower sales from make-up artist brands like Too Faced and were also hurt by falling retail traffic in brick-and-mortar stores....
...Estée Lauder has introduced skin care products aimed at perking up the skin like its Fatigue Fighter, part of the company’s Three Minute beauty assortment, while Le Mer has launched items to use both while...
...This week, announced merger and acquisition volumes eclipsed $1tn, writes Eric Platt. It was the fastest that dealmaking had ever topped that mark in a year, according to Dealogic....
...A version of this article was first published by the Nikkei Asian Review on May 4. ©2017 Nikkei Inc. All rights reserved....
...The group said: In Hong Kong, the reduction in tourism from China continues to negatively impact business, particularly for the Estée Lauder, Clinique and La Mer brands....
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