298
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
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H&M
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Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
By
Reuters API
Published
Aug 19, 2019
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Estee Lauder sees robust fiscal 2020 on booming skincare demand

By
Reuters API
Published
Aug 19, 2019

Estee Lauder Cos Inc forecast full-year revenue and profit above Wall Street expectations after beating estimates for quarterly earnings on Monday, bolstered by booming demand for its premium skincare products such as La Mer and strength in its Asia-Pacific business. 


Photo: La Mer



​Shares of the company, which has been investing heavily in its skincare segment as more consumers opt for products like serums, toners and face masks, rose nearly 5% in premarket trading.

Sales in the skincare business, its biggest and most profitable segment, rose 15% to $1.59 billion (£1.31 billion) in the fourth quarter, while sales in Asia-Pacific region, which includes China, grew 18%.

The company said it expects full-year sales to grow in the range of 7% to 8% and adjusted profit to be between $5.90 and $5.98 per share in fiscal 2020. Analysts had expected a sales growth of 6.87% and profit of $5.81 per share.

The company said its forecast takes into account geopolitical issues such as Hong Kong protests, costs related to Britain’s impending exit from the European Union and the escalating trade dispute between the United States and China.

Net earnings attributable to the company fell to $157 million, or 43 cents per share, in the quarter ended June 30, from $186 million, or 49 cents per share, a year earlier.

Excluding items, it earned 64 cents per share, beating the average analyst estimate of 53 cents per share.

Net sales rose 9% to $3.59 billion, beating expectations of $3.53 billion, according to IBES data from Refinitiv. 

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