Estée Lauder Faces Tough Decisions Amid Tariffs and Restructuring Plans
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Estée Lauder Faces Tough Decisions Amid Tariffs and Restructuring Plans
China has added PVH, the American parent company of designer brands Calvin Klein and Tommy Hilfiger, to its “unreliable entity” list. The decision stems from allegations that PVH took “discriminatory measures against Chinese enterprises.” This move comes amid a backdrop of rising tensions and economic challenges for global businesses. In a related development, Estée Lauder, a major player in the beauty industry, is set to embark on a large-scale…
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