Cosmetics giant Estee Lauder has stated that it expects its quarterly profit to be much higher than it had originally predicted and will post a boosted fiscal-year forecast later this month. The company’s decision comes after an unexpected increase in sales figures, sending Estee Lauder’s shares up 5 percent.
However, Estee Lauder, which is best known for its Estee Lauder line and its brands such as Clinique, still expects that slow consumer spending will keep its results in check and will remain cautious.
As consumer spending has fallen, Estee Lauder has struggled as more consumers shy away from spending on products that …read more

Anyone who’s ever been seduced by Origins’ ‘ginger souffle’ or ‘cocoa therapy’ knows that it would be easy for even the most green-minded beauty consumer to forget about pollution, natural resources and any other environmental ill in the pursuit of a little indulgence.
Origins itself has been touted for eco-friendly initiatives particularly in regard to packaging where they use both recycled and easily recyclable materials. They have recently signed on with Community Energy to offset 100% of their CO2 emissions from their North American retail stores and U.S. manufacturing facilities with wind energy renewable energy certificates (RECs).
The offset from their REC …read more