Estée Lauder sues Walmart over alleged counterfeit beauty sales [FOX Business Network]
Estee Lauder Companies, Inc. (The) (EL)
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am
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Source: FOX Business Network
Estée Lauder Companies and several of its luxury brands have filed a federal lawsuit accusing Walmart of allowing counterfeit beauty and fragrance products to be sold through its online marketplace. The complaint, filed Monday in the U.S. District Court for the Central District of California, alleges that knockoff versions of high-end products – including Estée Lauder's Advanced Night Repair, Le Labo's Santal 33 and Tom Ford fragrances, among others – were listed and sold on Walmart's website The companies claim the products were not authentic and argue that Walmart's website layout, checkout system and return process could lead shoppers to believe Walmart itself was the seller, even when items were supplied by third-party vendors. According to the complaint, Walmart selects and partners with marketplace sellers, controls payments and checkout, and in many cases handles fulfillment and returns while earning fees from those sales. The lawsuit cites a prior federal case involving
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News
- Halper Sadeh LLC Encourages the Estee Lauder Companies, Inc. Shareholders to Contact the Firm to Discuss Their RightsGlobeNewswire
- Estée Lauder sues Walmart, claiming retail giant selling knockoffs [USA TODAY]USA TODAY
- Estée Lauder sues Walmart, claiming retail giant selling knockoffs [Yahoo! Finance]Yahoo! Finance
- Estee Lauder Companies (NYSE:EL) was downgraded by analysts at Zacks Research from a "strong-buy" rating to a "hold" rating.MarketBeat
- Estée Lauder sues Walmart alleging 'despicable' sale of counterfeit beauty products [MSNBC.com]MSNBC.com
EL
Earnings
- 2/5/26 - Beat
EL
Sec Filings
- 2/13/26 - Form SCHEDULE
- 2/5/26 - Form SCHEDULE
- 2/5/26 - Form 10-Q
- EL's page on the SEC website