BeautyBusiness

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 marking a significant milestone in its Profit Recovery and Growth Plan (PRGP).

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.

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