Estée Lauder’s $1 Billion Restructuring Win Comes With a Major WPP Deal

The Estée Lauder Companies Inc. has announced WPP as its first ever global media partner, completing the full establishment of its One ELC operating model and

Estée Lauder's $1 Billion Restructuring Win Comes With a Major WPP Deal
BeautyBusiness

Estée Lauder’s $1 Billion Restructuring Win Comes With a Major WPP Deal

Credit: Estée Lauder Companies Inc.

The Estée Lauder Companies Inc. has announced WPP as its first ever global media partner, completing the full establishment of its One ELC operating model and marking a significant milestone in its Profit Recovery and Growth Plan (PRGP). As of March 31, 2026, the company has approved initiatives expected to deliver total gross benefits at the high end of its $0.8 billion to $1.0 billion targeted savings range, with the vast majority of full run rate benefits expected to be realized in fiscal 2027.

What One ELC Actually Means

The One ELC operating model is built around three interlocking elements deployed over the past year. One Team, launched in July 2025, simplified the organization with fewer layers, clearer ownership, and faster decision making. One Culture, introduced in February 2026, embedded accountability and entrepreneurial thinking into daily ways of working. One Operating Ecosystem, now fully in place, brings together shared platforms,…

Discussion

0 Comments

No comments yet

Start the conversation

Share your take on this story and help shape the discussion.

Recommended Articles

View all Beauty