Latest news with #EsteeLauder
Forbes
5 days ago
- Business
- Forbes
Beauty Is Pain: 1 in 10 Americans Are Going Into Debt To Look Good—How You Can Save
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. The U.S. beauty industry raked in nearly $63 billion in 2023, but many Americans are struggling to balance rising costs and keeping up with recent beauty standards. New tariffs could push those expenses even higher. The average American spends $897 on their appearance each year, with men averaging $728 and women averaging $1,064, according to a survey by Advanced Dermatology. Alarmingly, the survey also finds 1 in 10 Americans have taken on an average of $1,342 in debt to keep up with their appearance with beauty products, services or procedures. With tariffs threatening more price hikes on your favorite beauty products, now is the time to rethink your beauty budget—and maximize your purchases. As Trump's tariffs shake up the global market economy, experts anticipate disruption in beauty supply chains, leading to rising costs. Beauty products are heavily reliant on a healthy trading relationship with China, which has become increasingly strained in Trump's second term. Kimber Maderazzo, a marketing professor at Pepperdine University and global strategy executive for brands like Procter & Gamble and Estée Lauder, told Marie Claire that tariffs would have a pronounced effect on not just raw material sourcing and packaging, but also injectables. 'Providers could face rising costs on imported products, leading to higher treatment prices, potentially reducing patient demand or compressing already tight operating margins,' said Maderazzo. Trump's proposed tariffs on China (baseline 10% tariff) and South Korea (25% tariff) will have a pronounced adverse effect on the U.S. beauty economy, which brings in $2.6 billion in trade surplus. Over 25,000 beauty products circulated in the U.S. mass market are primarily from China, and the increased tariff costs could get passed onto consumers at checkout. Korean products, which are the top imported cosmetics in the U.S., will likely also be harder and more expensive to source—and for consumers to purchase. Beauty budgets can quickly snowball out of control. The average American spends $492 annually on facial care alone, with women averaging $600—and that doesn't include extras like nails or haircare, whose costs can add up month after month. Unlike other financial 'investments,' beauty is a 'depreciating asset by design,' notes Katie Gatti Tassin, author of 'Rich Girl Nation: Taking Charge of Our Financial Futures. 'Unlike investing in actual capital—which will grow with time, it will become more valuable—when you invest in beauty, the opposite is happening,' Tassin told CNBC. 'It's going to require more and more cash to extend that half-life.' So how can you keep your beauty spending from eating into your financial future—without forgoing your favorite treatments? Set a beauty budget—and your expectations. Tally up how much you're spending on your beauty purchases each month (especially those random trips to Sephora) and compare it against your income. Is your beauty spending sustainable? Is it achieving the aesthetic goals you've internalized for yourself? Make adjustments or temper expectations as needed. For those who like the joys of beauty maintenance but hate the high price tag, there are ways to keep expenditure low. Shoppers can utilize credit card portals to save money on purchases they would make anyway. Many credit card companies like Chase and Capital One Shopping offer enticing deals if consumers make online purchases through their portals, which often offer discounts from suppliers like Sephora and Ulta. A quick scroll on the portal will display all of the available offers. To redeem, consumers can either add the offer to their card and purchase from the retailer using the bank's participating card or click through to the site directly on the portal and check out with their bank card. A few minutes to check for offers before you make your quarterly shopping haul could save you some cash. If you're one of 10 Americans in beauty debt, consider putting yourself on a spending detox from new aesthetic purchases. Tackle any debt that you may have full on to avoid paying interest for an extended amount of time. If you have no debt but still feel the need to do a spending detox, consider putting the money you would spend on beauty purchases into a high-yield savings account to make gains on your money and start building a safety nest. Read More: 10 Best High-Yield Savings Accounts Of July 2025: Up To 3.80% APY
Daily Mirror
5 days ago
- Entertainment
- Daily Mirror
Estee Lauder radiance skincare routine bundle worth £132 is now under £80 in flash sale
If you're looking for a radiant skincare routine from an iconic beauty brand but don't fancy spending a fortune, this Estee Lauder three-piece routine set is currently up for grabs for nearly half price EstéeLauder is a cult-favourite brand for its luxurious skincare, but its products tend to have less-than-affordable price tags. That's why skincare sets can come in clutch as you get more bang for your buck - and what's even better is when said skincare bundles are axed in price to an even more budget-friendly one in a flash sale. Currently reduced by a whopping 40% at Lookfantastic is this Estée Lauder 3-Step Radiance Skincare Routine Set, which is a must-have for anyone looking to add a trio of best-selling skincare essentials from Estée Lauder to their vanity, without spending a fortune. This exclusive Estée Lauder x Lookfantastic 3-Step Radiance Routine Set features a curated trio of skincare essentials that promise to refresh, cleanse and visibly refine the appearance of your skin, and what's more, the £132 bundle is now up for grabs for a fraction of that price as it plummets by a mega £53. The set includes the iconic Daywear Sheer Tint Release Moisturiser SPF15 (full-sized), a sheer skin tint praised for softening the look of uneven tone while delivering hydration and a naturally glowy finish. Normally retailing for £55 when bought separately, this day cream protects against UV rays, giving your complexion a boost of hydration that leaves the skin looking fresh, healthy and positively radiant. With the complex of skin-essential anti-oxidants, it helps fight the look of free radical damage and premature signs of ageing too. One reviewer who bought this moisturiser on its own raved: " This product is a total skin-saviour for me. I always like to have a slight tan, but fake tan products dry my (already extremely dry) skin out. This product is a cucumber-scented, cooling moisturiser that becomes a natural tanned colour on the skin, with totally natural-looking, seamless edges. It provides sufficient moisture for my dry skin, and the SPF and antioxidants ensure that my skin is protected while I am wearing it. It's basically a skin-care and make-up saviour in one neat product. The price, to me, is not outlandish as I have spent a greater amount of money on some far inferior products. This is worth the money if what you're looking for is protected skin, a healthy glow, and enough moisture to keep your skin feeling comfortable all day long. It's a holy grail in my book." Elsewhere in the bundle is this Advanced Night Cleansing Gelée (30ml), which transforms from a silk cream to a soft foam. The gelée cleanser gently sweeps away makeup and impurities while nourishing the skin, ensuring your face is thoroughly cleansed before you head to bed. Costing £27 alone, this gelée provides gentle but effective cleansing to remove makeup and sunscreen residues, including waterproof formulas. It also comforts the skin with safflower seed oil and works without upsetting the skin's natural moisture barrier. The third item included is the Advanced Night Repair Serum (full-sized), Estée Lauder's best-selling night serum that has been touted for its visibly smoothing and hydrating properties, which promote the look of more radiant skin by morning. One of Estée Lauder's more expensive and iconic products, this serum typically sells for £89 on its own. The serum works to enhance your beauty sleep by delivering a surge of radiance-enhancing moisture as you sleep. Offering up to 72-hour hydration, the award-winning serum helps to visibly soften, smooth and plump the skin. Shoppers adore . One buyer beams: "This product is an essential in my skin care routine. It really helps make my wrinkles seem less noticeable. It has also improved the health of my skin overall. The reason I have gives 4 stars is that it's pricey. It is by far the best serum I've tried." Another enthuses: "I have tried so many products, and I always go back to this serum. It's like my holy grail. I have been using it for over 10 years now, and I always get compliments from all the beauticians I go to."
Yahoo
5 days ago
- Business
- Yahoo
The Estée Lauder Cos. Names Aude Gandon Chief Digital and Marketing Officer
EMBARGOED UNTIL 645AM JULY 16, NOT FOR DD The Estée Lauder Cos. has looked to the food industry for its latest hire. More from WWD Typebea Is Scaling Its Hair Care Range and Business EcoBeautyScore Launches in Europe as Consumers Demand More Transparency Who's Winning the 2025 Fragrance Game so Far? Aude Gandon has been appointed chief digital & marketing officer, effective Aug. 1. She joins from Nestlé, where she most recently served as global chief marketing officer. Prior to that, Gandon held leadership roles at Google, including global managing director for platform and ecosystems. Her earlier career includes senior roles in global advertising agencies such as Publicis Worldwide, McCann, and Leo Burnett, working with clients including L'Oréal, P&G Beauty, and LVMH Moet Hennessy Louis Vuitton. Gandon will oversee the company's digital, marketing and media ecosystem and will report to Stéphane de La Faverie, president and chief executive officer. While this is a newly created role, it shares similarities with that of former chief data officer and executive vice president, enterprise marketing Jane Lauder, who revealed her departure last year. 'Aude is an exceptional and accomplished global marketing leader with extensive experience transforming major consumer-facing businesses in the digital age,' said de La Faverie. 'Her deep expertise across all facets of marketing—from brand strategy and creative development to digital transformation and data analytics—will be instrumental as we continue to build stronger consumer connections. Her global perspective and proven track record of leading large-scale marketing, digital and media transformations make her the ideal leader for this critical role as we shape the future of prestige beauty.' 'I am thrilled to join The Estée Lauder Cos., a company with an unparalleled portfolio of powerful brands and a strong heritage of innovation,' added Gandon. 'As consumer behaviors continue to evolve, the opportunity to lead the digital and marketing transformation for a premier prestige beauty company is incredibly exciting. I look forward to partnering with the talented teams there to enhance our digital capabilities, deepen consumer connections, and drive growth across brands and channels.' De la Faverie has been building out his team and restructuring part of the company as part of his Beauty utility and is now looking for the right person for Reimagined strategy as he works to get the business back on track.I think After scrapping its previous forecast in October, Estée Lauder said it expects sales to drop by as much as 9 percent in 2025 on the back of continued weakness in Asia and a travel retail, but sees a return to growth next year if 'there is meaningful resolution in of the recently enacted tariffs.' Best of WWD Which Celebrity Brands Are Next for a Major Deal? Lady Gaga, Beyonce and More Possible Contenders for the Next Corporate Prize The Best Makeup Looks in Golden Globes History A Look Back at Golden Globes Best Makeup on the Red Carpet, From Megan Fox to Sophia Loren [PHOTOS] Sign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
Aude Gandon Appointed Chief Digital & Marketing Officer, The Estée Lauder Companies
NEW YORK, July 16, 2025--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) announced today that Aude Gandon has been appointed Chief Digital & Marketing Officer (CDMO), effective August 1, 2025. Ms. Gandon will report directly to Stéphane de La Faverie, President and Chief Executive Officer, and will join the company's Executive Team. In this newly created role, Ms. Gandon will lead the transformation of the company's digital, marketing and media ecosystem, shaping end-to-end strategies across its powerful brand portfolio, and will oversee global digital commerce. Her appointment reflects the company's commitment to evolving its consumer-centric approach and strengthening marketing as a commercial growth engine. "Aude is an exceptional and accomplished global marketing leader with extensive experience transforming major consumer-facing businesses in the digital age," said Stéphane de La Faverie. "Her deep expertise across all facets of marketing—from brand strategy and creative development to digital transformation and data analytics—will be instrumental as we continue to build stronger consumer connections. Her global perspective and proven track record of leading large-scale marketing, digital and media transformations make her the ideal leader for this critical role as we shape the future of prestige beauty." As CDMO, Ms. Gandon will lead the company's precision marketing, creative operations, consumer and category insights, regional store design and visual merchandising, omnichannel media strategy, and global consumer care; she will also oversee global digital commerce and partner closely with regional leadership to accelerate Online performance. This broad remit positions Ms. Gandon to elevate the consumer journey at every touchpoint to drive and amplify brand equity through creativity, precision and performance. Ms. Gandon brings a unique blend of visionary leadership, digital expertise and creative acumen. She joins The Estée Lauder Companies from Nestlé, where she most recently served as Global Chief Marketing Officer and led the company's digital transformation across 188 markets and more than 2,000 brands. She implemented new operating models, launched many global content studios, and developed strategic partnerships with major tech platforms, including Google, Meta, Amazon, and Netflix. Prior to Nestlé, Ms. Gandon held leadership roles at Google, including Global Managing Director for Platform & Ecosystems, where she led integrated brand and creative strategies across five continents. Her earlier career includes senior roles in global advertising agencies such as Publicis Worldwide, McCann, and Leo Burnett, working with world-class beauty and luxury clients including L'Oréal, P&G Beauty, and LVMH. "I am thrilled to join The Estée Lauder Companies, a company with an unparalleled portfolio of powerful brands and a strong heritage of innovation," said Aude Gandon. "As consumer behaviors continue to evolve, the opportunity to lead the digital and marketing transformation for a premier prestige beauty company is incredibly exciting. I look forward to partnering with the talented teams there to enhance our digital capabilities, deepen consumer connections, and drive growth across brands and channels." Ms. Gandon has previously served on the Board of Directors for CAPSUM, an innovative developer of skin care and makeup formulas, and is currently a board member of the World Federation of Advertisers, where she represents Europe and is chair of the Global CMO Committee. She also serves on the Amazon Ad Council and Meta Client Council. Cautionary Note Regarding Forward-Looking StatementsStatements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include those in the various quotations. Although the Company believes that its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, actual results may differ materially from the Company's expectations. Factors that could cause actual results to differ from expectations include the ability to successfully implement its strategy, including the Company's profit recovery and growth plan; successfully transition its leadership; and those other factors described in the Company's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K. The Company assumes no responsibility to update forward-looking statements made herein or otherwise. About The Estée Lauder CompaniesThe Estée Lauder Companies Inc. is one of the world's leading manufacturers, marketers, and sellers of quality skin care, makeup, fragrance, and hair care products, and is a steward of luxury and prestige brands globally. The Company's products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, the DECIEM family of brands, including The Ordinary and NIOD, and BALMAIN Beauty. ELC-LELC-C View source version on Contacts Media Relations: Meridith Webster mwebster@ Investor Relations: Rainey Mancini rmancini@ Sign in to access your portfolio
Yahoo
6 days ago
- Entertainment
- Yahoo
Bikini bombshell Elizabeth Hurley shares her 'secret' for the perfect swimsuit selfie
Elizabeth Hurley is sharing some of her model magic with the world. The actress-model, who's become known for her glamorous bikini-clad portraits on social media, opened up about her process for taking the skin-baring photos in a July 13 Instagram post. True to form, the post featured a picture-perfect shot of Hurley, 60, posing in a light brown bikini as a golden beam of sunlight illuminated her figure. "The secret to flattering bikini pics? BAN overhead sunlight 🤣," Hurley wrote. "When shooting bikinis, sunrise or sunset are your best friends 😉," she continued. "We shot this at 7am… By 8am, I was lounging around in one of my equally flattering @elizabethhurleybeach kaftans, feeling glamorous AND shielded from the lethal sun ♥️." View this post on Instagram A post shared by Elizabeth Hurley (@elizabethhurley1) Elizabeth Hurley and Billy Ray Cyrus: Couple teases romance with affectionate Easter post Hurley, known for her roles in the Austin Powers franchise, "Bedazzled" and "The Royals," is no stranger to the modeling world. In 1995, the actress became a spokesmodel for cosmetics titan Estée Lauder, which led to a decades-long relationship with the New York City label. "I was far from an ingénue, having had my first modeling job at 29," Hurley reflected during a 2008 luncheon, per The Daily Front Row. She added that Evelyn Lauder, then-senior corporate vice president of Estée Lauder, was "like my second mom." Elizabeth Hurley 'felt comfortable' filming sex scene directed by son Damian Hurley Hurley has also appeared in several advertising and fashion campaigns for brands such as Jordache, Got Milk?, Monsoon, and Lancel. Additionally, she's landed the cover of British Vogue three times. In an October 2020 interview with People magazine, Hurley reflected on her "out-of-the-blue" introduction to the modeling industry with her Estée Lauder gig. "I acted for years before I got my first modeling job," she told the outlet. "I was an actress, not really a model." But the modeling gene runs in the family. Hurley's son, Damian Hurley, whom she shares with late businessman Steve Bing, has modeled for makeup brand Pat McGrath Labs and was previously signed to top agency IMG Models. Contributing: Carly Mallenbaum, USA TODAY This article originally appeared on USA TODAY: Elizabeth Hurley shares her 'secret' for the perfect bikini photo
