MAM
Globale Media elevates Himani Singh as associate director of global sales
Mumbai: Globale Media, an AI-driven mobile and web advertising platform, is thrilled to announce the elevation of Himani Singh to associate director of Global Sales. With a career spanning over a decade in media sales and management, Singh has consistently demonstrated a proven track record of driving sales and growth across various geographies.
In her new role, Singh will be at the helm of global sales for Globale Media, responsible for devising and executing sales strategies globally aligned with the company’s objectives. Her responsibilities will include identifying new business opportunities, maintaining robust client relationships, overseeing the sales budget, providing accurate sales forecasts, and collaborating with other departments to achieve the company’s goals.
Singh joined Globale Media in 2022 as a senior business development manager and was promoted to Lead-International Gaming in 2023. Throughout her business development and sales career within the adtech industry, she has worked with several esteemed media organizations, including Xapads Media, Way2News, Anymind Group, and SVG Media. Her extensive experience and deep industry insights make her a valuable asset to Globale Media in this rapidly evolving digital landscape.
Commenting on Singh’s promotion, Globale Media founder and CEO Bhavesh Talreja said, “We are thrilled to have Himani step into her new role. Her promotion as the Associate Director of Global Sales is a significant milestone in our journey to strengthen our global vision. Her extensive experience in optimizing and implementing sales strategies across various industry categories will be invaluable. At Globale Media, we foster innovation and are always eager to explore new ideas and experiment with different strategies.”
Expressing her excitement about the new role, Himani Singh added, “I am looking forward to working closely with Globale Media’s dynamic team and playing a significant role in the company’s growth story. I have admired Globale Media for years due to their ambitious management team and visionary approach. I am thrilled with this opportunity to assist Globale’s clients with innovative solutions and inventory that will help them grow their business.”
Singh holds a Bachelor’s degree in Commerce and has completed her MBA in Media Management from Amity University, Noida, India.
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.
