MAM
Aishwarya Rai Bachchan becomes International Goodwill Ambassador for UNAIDS
New Delhi: Leading actor Aishwarya Rai Bachchan has been appointed global Ambassador for the Joint United Nations Programme on HIV/AIDS (UNAIDS).
The announcement was made today on the eve of the 67th United Nations General Assembly. In her new role, she will help raise awareness on issues related to stopping new HIV infections in children and advocate for increased access to antiretroviral treatment.
Bachchan, a former Miss World, has been involved in humanitarian issues for many years and will now have a special focus on HIV. “I am honoured to accept this appointment. Spreading awareness on health issues, especially related to women and children, has always been a priority for me. And now, as a new mother, I can personally relate to this–the joys and concerns of every mother and the hopes that we have for our children. I strongly believe that every baby should be born free from HIV. And I wish that every woman living with HIV stays healthy and has access to treatment. I promise that with UNAIDS, I will do my utmost to make this happen.”
UNAIDS Executive Director Michel Sidibé welcomed Bachchan to the UNAIDS family. “Mrs Rai Bachchan is respected and admired by millions of people around the world,” said Mr Sidibé. “I am convinced that through her global outreach, Mrs Rai Bachchan can help UNAIDS reach its goal of eliminating new HIV infections among children by 2015.”
The main focus of Bachchan will be to advocate for the Global Plan towards the elimination of new HIV infections among children and keeping their mothers alive. This plan was launched at the United Nations in June 2011.
The Global Plan focuses on 22 countries including India, which account for more than 90% of all new HIV infections among children. Twenty one of them are in sub-Saharan Africa, where the estimated number of children newly infected with HIV fell by 25%, from 360 000 in 2009 to 270 000 in 2011. Progress in sub-Saharan Africa has been made possible through rapid improvement in access to services that prevent new infections in children. There was a dramatic increase in coverage of services in the 21 sub-Saharan African countries between 2009 and 2011: from 34% to 61%. HIV transmission rates from mother-to child have also declined since 2010 with the introduction of more effective prophylaxis regimens.
“Through her work in raising awareness of the issues and advocating for increased access to services Mrs Rai Bachchan will be instrumental in helping to ensure that no more babies are born with HIV and that their mothers stay alive and healthy,” said Sidibé. “We look forward to working with her to reach our collective goals.”
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.
