NEW YORK — Under the blue-sky-painted ceiling of the St. Regis Roof Ballroom, the Estée Lauder Cos. Inc. addressed the gloomy economic climate outside, and reaffirmed its confidence in the beauty firm’s ability to weather tougher days ahead.
At the company’s annual meeting with shareholders Friday morning, an energetic and mirthful Leonard A. Lauder, the company’s chairman, championed the strategy being drafted by his son, William P. Lauder, chief executive officer, and president and chief operating officer Fabrizio Freda, who joined the company in March.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)