Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackEstee 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 BackPromised 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”.