Recently, rumors about the restructuring of the Estée Lauder Group's organizational structure attracted market attention. On September 1, the reporter learned from a reliable source from Estée Lauder that the structural adjustments made by Estée Lauder China President Fan Jiayu skipped the Asia-Pacific region to report directly to the headquarters did not occur recently, but began in 2022. Meanwhile, the separate earnings report for China began in the 2026 fiscal year, and this matter was disclosed to the outside world last year.

Zhitongcaijing · 1d ago
Recently, rumors about the restructuring of the Estée Lauder Group's organizational structure attracted market attention. On September 1, the reporter learned from a reliable source from Estée Lauder that the structural adjustments made by Estée Lauder China President Fan Jiayu skipped the Asia-Pacific region to report directly to the headquarters did not occur recently, but began in 2022. Meanwhile, the separate earnings report for China began in the 2026 fiscal year, and this matter was disclosed to the outside world last year.