.elcompanies has achieved a new high — $16 billion in annual sales, for the first time ever.
“We achieved net-zero carbon emissions and 100 percent electricity globally for our own operations,” Freda said, noting that the company has a “new level of ambition for climate action.”
The company has looked to see what Chinese consumers have been purchasing, Travis noted, and as people have started to go out — even if they are wearing masks — foundation sales have ticked upward. “Amid the challenges of the pandemic, we invested in near- and long-term growth opportunities and managed costs elsewhere with discipline, while making important progress on our social impact commitments and sustainability goals,” said Freda in a statement.
Travis credited the phenomenon to consumers’ increased “focus on self-care, self-pampering” that happened during the pandemic. Bumble and bumble, which has struggled in recent years, has been “reengineered” over the past year and a half to “position it for growth,” Travis said.
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