Consumer
Estée Lauder Reviews Brands Amid Management Change
- Beauty group is working with Evercore on portfolio review
- Estée Lauder looking to improve performance under new CEO
Estée Lauder brands include Clinique, Smashbox, Tom Ford and Aveda.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
Estée Lauder Cos is reviewing its portfolio of beauty brands, people with knowledge of the matter said, as the cosmetics company transitions to new leadership and looks to boost its share price.
New York-based Estée Lauder is working with Evercore Inc. on the review, which could lead to the sale of some brands, according to the people, who asked not to be identified discussing confidential information.