News about Fabrizio Freda
Beauty boss steps down from Estee Lauder
www.dailymail.co.uk,
August 20, 2024
Estee Lauder's chief executive has announced he will retire after nearly 15 years at the top as the beauty giant continues to suffer a sales slump. Fabrizio Freda will step down in June 2025 but continue to lead the company until a replacement is found. Freda, 66, made the announcement as the US beauty giant forecast lower than expected sales as the Chinese market continues to slow.