Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Estee Lauder Companies Inc. is an American company specializing in the production and sale of prestigious skin care products, decorative cosmetics and perfumes, hair care products.

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Revenue(RF), mln.USD
121
Assets(RF), mln.USD
88
Capital(RF), mln.USD
63
Glob.Revenue, mln.USD
17737
Staff(RF), 2021
1171
The Company Statement
August 18, 2023

Promised to close all stores in Russia due to invasion. Stated in the fiscal year ended June 30, 2023: “We have scaled down our operations in Russia. We expect to continue selling a limited selection of products to retailers in Russia”; “ Net sales from Russia decreased in fiscal 2023, as we sold a limited selection of products to certain retailers”.

March 08, 2022Estée Lauder suspended operations in Russia
March 07, 2022Company Update Regarding the Invasion in Ukraine and ELC’s Business in Russia
March 07, 2022Estée Lauder to Close All the Stores It Owns in Russia
LLC "ESTE LAUDER COMPANIES", OKPO 14612066
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