MAM
KAZO’s end-of-season sale offers up to 70 per cent off
Mumbai: KAZO Fashion Pvt Ltd, the iconic fashion brand celebrated for its versatile designs and unparalleled quality announces its much-anticipated end-of-season sale (EOSS). Customers can discover unmatched styles and enjoy a discount of up to 40 per cent, accessible both online and at KAZO’s exquisite offline stores from the second week of June onwards.
For an incredible style upgrade with KAZO’s end-of-season sale (EOSS), one can visit the KAZO retail outlets across pan-India where the deals are unbeatable – grab 20 per cent off on the purchase of one item, enjoy 30 per cent off on the purchase two, and go all out with 40 per cent off on the purchase of three items respectively. For online shoppers, there are jaw-dropping discounts of up to 70 per cent off on some of the most sought-after styles.
Unveiling the EOSS, KAZO director of operations Siddhant Aggarwal said “At KAZO, strategic planning is at the forefront as we gear up for our highly anticipated End of Season Sale (EOSS). We are eagerly anticipating the bustling activity in our stores and online platforms as fashion enthusiasts seize the opportunity to indulge in their favorite KAZO pieces at unbeatable prices. This sale isn’t just your average shopping event – it’s a celebration for all the savvy shoppers out there, offering exclusive deals and incredible savings on a wide range of fashion must-haves. Whether you’re shopping in-store or online, our anticipated sales target of 30 Cr. reflects the unwavering trust and loyalty of our valued customers, we are confident that this End of Season Sale (EOSS) will be yet another milestone in our journey of delivering unparalleled fashion excellence. Join us as we celebrate the culmination of summer in style and indulge in the extraordinary with KAZO’s EOSS.”
The sale features an extensive collection of trendy tops, chic dresses, stylish trousers, comfortable jeggings, statement bags, dazzling jewellery, and all other fashion essentials. With such a diverse selection, you’re sure to find something that perfectly matches your style and personality. KAZO’s commitment to offering exceptional value remains unwavering, and this sale is a testament to that dedication.
KAZO’s EOSS is live for shopping along with the newly launched SS’24 collection across retail stores, website www.kazo.com, and user-friendly mobile app. Additionally, the new apparel range is also available at multi-channel platforms such as Myntra, Ajio, Nykaa Fashion, Amazon, Tata CliQ, Flipkart, Shoppers Stop, and more.
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.
