Brands
Oteria celebrates Circadian Day with Sangita Bijlani, Isha Talwar and Aditi Govitrikar
Mumbai: Oteria, a premium D2C gender-neutral skincare brand based on the principles of Circadian Rhythm, celebrated Global Circadian Rhythm Day on 24 July, aligning perfectly with the brand’s vision of creating 24×7 skincare for customers, across the board. The event, hosted at The Piano Man in New Delhi, observed this globally celebrated day to spotlight the profound impact of circadian rhythm on one’s wellbeing, health and most importantly skin. The Circadian Day event aimed to raise awareness about the beneficial practices of a 24×7 skincare regimen and adopt new routines for holistic skin.
A first of its kind, rhythm based event headlined by an educative session which married two different universes of industry experience and clinical knowledge – to shed light on the importance of following your natural rhythm in order to support your skin through 4 different time zones in 24 hours. The Circadian Day celebrations witnessed leading Bollywood stars such as Sangeeta Bijlani, Dr. Aditi Govitrikar and Isha Talwar alongside renowned dermatologists and influencers who shared their experiences through skincare whilst emphasizing on the need for products that are in-tune with one’s needs. The event also saw stellar performances by known Indie bands from the Delhi circuit such as Mansa Jimmy and Capital 3.
On its first observance of Circadian Day, Rivpra Formulations MD & CEO Vibhor Rastogi shared, “Our bodies follow a 24×7 rhythm that helps us stay on the move and live a holistically well life. Based on the same philosophy, we developed Oteria, which aligns with our bodies’ natural rhythm to support skincare that restores, rejuvenates and revitalizes your skin to take on daily challenges and more. At Rivpra Formulation, we are committed to creating effective, affordable medicines, and with Oteria, we blend science and nature to address skincare needs for all genders. With the observation of the Global Circadian Rhythm Day, we are honored to introduce the concept of 24×7 skincare and Oteria, to the world beyond.”
Isha Talwar, recently featured in the Amazon Prime series Mirzapur, stated, “Understanding your skincare choices is crucial. It’s really important to understand what you’re buying for your skin; expensive products alone won’t work wonders. For healthy skin, proper sleep and maintaining your body’s rhythm are essential. Even with a busy work schedule, I ensure I eat healthily and get enough rest.”
Brands
Estée Lauder to shed 10,000 jobs as new boss bets on digital shift
The cosmetics giant raises its profit outlook but stays silent on a possible merger with Spain’s Puig, as job cuts deepen and a three-year sales slump weighs on the turnaround
NEW YORK: Stéphane de La Faverie is not done cutting. Estée Lauder announced on Friday that it plans to eliminate as many as 3,000 additional jobs, taking its total redundancy programme to as many as 10,000 roles, up from a previous target of 7,000 announced a year ago. The company, which owns La Mer, The Ordinary, Tom Ford, and Aveda, employs roughly 57,000 people worldwide. The mathematics of what is now being contemplated is stark.
The fresh round of cuts is expected to generate a further $200 million in savings, bringing the total annual savings from the programme to as much as $1.2 billion before taxes. That money, De La Faverie has made clear, will be ploughed back into the turnaround.
A CEO in a hurry
De La Faverie, who took the helm in January 2025, inherited a company that had endured three consecutive years of annual sales declines. His response has been to move fast and cut deep. A significant portion of the latest redundancies reflects his push to reduce headcount at US department stores, long a cornerstone of Estée Lauder’s distribution model but now a channel in structural decline. In their place, he is accelerating the shift toward faster-growing online platforms, including Amazon.com and TikTok Shop, a pivot that is reshaping not just where Estée Lauder sells but how it thinks about its customers.
The numbers are moving in the right direction
Despite the pain, there are signs the medicine is working. Estée Lauder raised its profit outlook for the remainder of the fiscal year, guiding for adjusted earnings per share in the range of $2.35 to $2.45, above analyst estimates and a notable step up from the $2.05 to $2.25 range it had guided for in February. Organic net sales growth is expected to come in at 3 per cent, the company said, at the high end of the range it set out in February.
The share price tells a mixed story. After De La Faverie took charge, the stock surged nearly 60 per cent, buoyed by investor optimism that a longtime company insider could finally arrest the decline. But 2026 has been rougher: the shares have fallen 27 per cent this year, weighed down by disappointing February results and the overhang of unresolved merger talks with Spanish beauty giant Puig Brands SA. The company gave no additional details about those discussions on Friday, leaving the market to guess.
Silence on Puig
The proposed tie-up with Puig remains the most consequential unknown hanging over Estée Lauder. A deal with the Barcelona-based group, which owns brands including Carolina Herrera and Rabanne, would reshape the global luxury beauty landscape. But with nothing new to say and a turnaround still very much in progress, De La Faverie is asking investors to trust the process.
Three years of sales declines, 10,000 job cuts, and a merger that may or may not happen. At Estée Lauder, the overhaul has barely started.
