Brands
Manah Wellness unveils new brand identity
Mumbai: Manah Wellness, a leading organisation offering employee mental well-being services, has announced the launch of its new brand identity. This significant change reflects the company’s emergence as an organization that is redefining the employee mental wellbeing space through path-breaking approaches and innovative frameworks.
“For far too long, workplace wellbeing has focused on individual employees. At our workplaces, we can’t nurture a mental wellbeing culture unless we all are in it, together. Our new identity is about togetherness, the key to achieving our goals of employee mental wellbeing. This foundation to our work sets us apart from the rest in the workplace mental wellbeing space.
“Our strength is our community. And within these communities, we have champions that embody, celebrate and support us in our wellbeing journeys. Manah’s new identity is a celebration of champions of wellbeing, worldwide,” said Manah Wellness co-founder and CEO Dr Ashwin Naik.
Fittingly, Manah calls its new visual identity ‘the champ’.
“Our focus on community building and supporting champions of wellbeing has led to industry-leading impact across Maritime, Aviation, Banking Financial Services and Social Impact sectors across six countries. Our new visual identity reflects our beliefs and the approaches we have taken to build success stories for our customers,” added Manah Wellness co-founder and COO Ritika Arora.
“Manah’s new visual identity is a testament of our commitment to our customers. Acknowledging the trust they place in us, we will continue to act in an agile manner, going the extra mile for the mental wellbeing needs of their employees,” said Manah Wellness CMO Manoj Chandran. “The unique logo not only demonstrates the inclusion of everyone at the workplace but is also a reaffirmation of our mission to affect fundamental shifts in the global workplace mental wellbeing.”
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.
