Estée Lauder Companies Executive Kendal Ascher Has Died
Ascher worked at the American cosmetics firm for 25 years.

E-commerce sales rose 10.8 percent for the two-day period, while sales at physical stores grew 8.6 percent.

E-commerce sales rose 10.8 percent for the two-day period, while sales at physical stores grew 8.6 percent.

The firm's preliminary holiday shopping forecast is for online sales to rise as much as 19 percent to $81 billion.

The firm's preliminary holiday shopping forecast is for online sales to rise as much as 19 percent to $81 billion.

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Americans bought more than $3 billion worth of goods on Cyber Monday as bigger-than-expected discounts and strong demand for electronics and toys added up to the biggest ever day for US online sales.

Americans bought more than $3 billion worth of goods on Cyber Monday as bigger-than-expected discounts and strong demand for electronics and toys added up to the biggest ever day for US online sales.

US online sales grew 14 percent on Cyber Monday, on track to set a record, leading some retail websites, like Target Corp's, to crash temporarily due to high customer traffic.

US online sales grew 14 percent on Cyber Monday, on track to set a record, leading some retail websites, like Target Corp's, to crash temporarily due to high customer traffic.

Target Corp. struggled to handle a surge of e-commerce traffic on Cyber Monday, making its website inaccessible to some users.

Target Corp. struggled to handle a surge of e-commerce traffic on Cyber Monday, making its website inaccessible to some users.

Black Friday may be getting tired, but buying stuff that's on sale probably isn't.

Black Friday may be getting tired, but buying stuff that's on sale probably isn't.

The billionaire Samwer brothers want to help introduce Pakistan’s shoppers to a local version of Black Friday, the November sales binge that kicks off the year-end holiday retail season in the US.

The billionaire Samwer brothers want to help introduce Pakistan’s shoppers to a local version of Black Friday, the November sales binge that kicks off the year-end holiday retail season in the US.

Retailers in Russia will hold a third Cyber Monday event next week with the stakes higher than in the past two years as the economy heads into recession.

Retailers in Russia will hold a third Cyber Monday event next week with the stakes higher than in the past two years as the economy heads into recession.

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

SAN FRANCISCO, United States — Holiday shopping on the Web rose 17 percent to a record $2.04 billion on Cyber Monday, researcher ComScore Inc. said,

SAN FRANCISCO, United States — Holiday shopping on the Web rose 17 percent to a record $2.04 billion on Cyber Monday, researcher ComScore Inc. said,

"The record-breaking figures come as a welcome tonic for retailers after news that sales over the Thanksgiving weekend were a bust."

"The record-breaking figures come as a welcome tonic for retailers after news that sales over the Thanksgiving weekend were a bust."
Ascher worked at the American cosmetics firm for 25 years.
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The makeup label’s chief executive of 14 years announced her departure internally on Wednesday, The Business of Beauty has learned.