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Stock impact report

Beauty Giant Estee Lauder Launches Division To Oversee Diversity Pledges [Forbes]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: Forbes
ToplineEstee LauderCHICAGO - AUGUST 17: Guests attend Estee Lauder Spokesmodel Gwyneth Paltrow's introduction of the... [+]new ''pleasures delight'' fragrance at the Macy's on State Street on August 17, 2007 in Chicago, Illinois. (Tasos Katopodis/Getty Images for Estee Lauder)gettyKey FactsEstée Lauder’snew divisionEstee Lauder has been criticized in the past for not having enough Black employees nor products made by Black-owned companies in its roster of brands..The company was also criticized by its employees last year fordonationsOther beauty and fashion retailers have made similar pledges to increase engagement with Black customers, businesses and employees in recent months, following nationwide Black Lives Matter protests that uncovered the extent of systemic racism in the worlds of business, entertainment, policing and beyond.Crucial Quote“Our collective vision is to be the most inclusive, equitable and diverse global prestige beauty company for our employees and consumers alike Show less Read more
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