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Estée Lauder Group to hike prices in China

According to sources, starting July 1, 2024, Estée Lauder Group will raise the prices of some products. This price hike involves six brands: Estée Lauder, La Mer, Mac, Bobbi Brown, Jo Malone, and Origins, covering a total of over 500 products. The overall price increase for each brand is generally within 10%, with the 30ml Estée Lauder Advanced Night Repair Serum rising by 3.6% to 720 RMB ($101), and the 150ml La Mer Treatment Lotion increasing by 4.1% to 1,520 RMB ($213). As of the time of writing, the Estée Lauder Group has not yet responded to media reports of the price hikes.

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