![]()
May 01, 2026 - BY Glossy
The Estée Lauder Companies will reduce department store footprint as it focuses on ‘high-growth’ online channels
On Friday's earnings call, the company reported a 5% growth in net sales in Q3 2026. As part of its plan to streamline operations, the cosmetics giant said it will reduce its brands' footprint in department stores while it focuses on new channels, particularly online channels like Amazon and TikTok Shop.
May 01, 2026 - BY Glossy