Monday, April 6, 2026

Space42 et Viasat partageront les avancées sur Equatys lors du Mobile World Congress

 

BARCELONE, Espagne - jeudi, 02. avril 2026

 (GLOBE NEWSWIRE) -- Space42, société SpaceTech des Émirats arabes unis propulsée par l’IA, et Viasat, Inc., leader mondial des communications par satellite, présenteront cette semaine au Mobile World Congress de Barcelone les dernières avancées de leur infrastructure direct-to-device (D2D). Elles offriront également un premier aperçu des priorités d’Equatys, la future entité détenue conjointement par les deux entreprises, lors d’un programme co-organisé. Cette première présentation publique de la vision technique et commerciale d’Equatys illustre son ambition : accélérer l’adoption mondiale de la D2D et transformer la mobilité spatiale en opportunité collective. L’événement rassemblera décideurs, régulateurs et leaders du secteur pour discuter des moyens d’avancer simultanément concurrence, résilience et souveraineté, tout en ouvrant la voie à de nouveaux modèles économiques et innovations dans l’espace.

Space42 et Viasat, cofondateurs d'Equatys, cumulent plus de 60 ans d'expertise dans les services satellitaires mobiles. Conçue comme une plateforme d'infrastructure partagée indépendante, neutre et multi-locataires, Equatys permettra d'étendre la connectivité basée sur les normes 3GPP aux milliards de personnes encore sous-desservies par les réseaux terrestres. Depuis l'annonce d'Equatys en septembre 2025, les cofondateurs ont fait des avancées significatives, notamment dans la création de l’entité, le développement technique et les premiers engagements commerciaux avec les opérateurs de réseaux mobiles (MNO), marquant des progrès concrets vers un déploiement progressif de la plateforme.

Mark Dankberg, PDG et président de Viasat, a déclaré : « La mobilité spatiale est une couche fondamentale pour une connectivité globale fluide et ininterrompue. Avec Equatys, nous développons une plateforme permettant aux nations, aux opérateurs et aux innovateurs d'étendre une connectivité satellitaire sécurisée, abordable et conforme aux normes 3GPP à des milliards de personnes. Ce modèle global et évolutif garantit que l'ensemble de l'écosystème de participants peut bénéficier de barrières à l'entrée réduites, d'une diversité accrue des fournisseurs et des économies d'échelle, tout en renforçant la concurrence tout au long de la chaîne de valeur. Nous nous engageons à offrir une expérience utilisateur sans friction, avec des transitions transparentes qui offrent aux opérateurs choix et flexibilité pour leurs clients. »

Karim Michel Sabbagh, directeur général de Space42, a déclaré : « Equatys reflète une exécution rigoureuse guidée par un objectif clair : combiner l'envergure des réseaux terrestres avec l'efficacité de l'espace. Cette collaboration s'inscrit dans la stratégie de Space42 visant à devenir un leader mondial des réseaux non terrestres. À ce jour, elle a permis d’atteindre des jalons techniques majeurs, avec des accords d'abonnement en cours, des opérateurs de réseaux mobiles engagés, et des dépôts internationaux effectués. Equatys démontre comment la mobilité spatiale peut moderniser les services satellitaires mobiles existants, renforcer les réseaux terrestres dans les zones sous-desservies et ouvrir la voie à de nouveaux services sur de multiple marchés. »

Ali Al Hashemi, PDG des services spatiaux chez Space42, a commenté : « Equatys repose sur le principe que l’infrastructure partagée profite à tous. Le modèle d’accès au spectre permet aux nations de conserver leur autonomie souveraine et le contrôle des licences, tout en augmentant la capacité satellitaire et en réduisant sensiblement les coûts. En utilisant une architecture basée sur des standards, conçue pour permettre une transition transparente et automatique entre les réseaux terrestres et satellitaires, nous envisageons de déployer la connectivité spatiale à grande échelle pour atteindre les populations qui ne sont pas couvertes par les réseaux traditionnels. »

Configuration de la constellation et stratégie d’utilisation du spectre

Le système devrait fonctionner initialement sur un spectre de service mobile par satellite (MSS) harmonisé à l’échelle internationale sur les bandes L et S, avec une capacité technique lui permettant de prendre en charge plus de 100 MHz de spectre MSS attribué et coordonné. En s'alignant sur les normes 3GPP, la plateforme intégrera les réseaux terrestres et satellites, offrant une transition fluide et transparente lorsque le service terrestre devient indisponible. Cette approche permet de préserver la liberté de choix des opérateurs au sein de l'écosystème des réseaux terrestres.

Fonctionnant selon un modèle neutre de « tour spatiale », comparable à celui d’une towerco classique, Equatys vise à offrir le coût unitaire le plus bas pour la capacité satellitaire, tout en garantissant le respect les droits d’usage du spectre et les intérêts souverains de chaque partenaire. Le modèle est conçu pour accueillir d'autres partenaires, opérateurs satellites et titulaires de licences spectrales à mesure que l'écosystème se développe. Les technologies optimisées pour la charge utile et les systèmes au sol visent à minimiser les exigences de masse à lancer en orbite tout en soutenant l'évolutivité à long terme et l'efficacité du capital.

L'infrastructure multi-locataires partagée d'Equatys sera soutenue par jusqu'à 2 800 satellites répartis sur 60 plans orbitaux et trois couches d'altitude, déployés par Viasat et Space42. Cette architecture modulaire est conçue pour accroître sa densité sans nécessiter une refonte fondamentale, permettant à l'écosystème de croître à un rythme adapté au marché et de répondre à la demande de milliards d'utilisateurs potentiels à mesure que celle-ci augmente.

Dynamique commerciale

Space42 a annoncé des partenariats pour explorer la connectivité D2D rendue possible par Equatys avec e& UAE, la branche télécom phare d'e& aux Émirats arabes unis, ainsi qu'avec PT Telkom Satelit Indonesia (Telkomsat), l'opérateur satellitaire national d’Indonésie.

Ces engagements reflètent l'intérêt des opérateurs pour renforcer la couverture via des architectures intégrant réseaux satellitaires et terrestres, tout en respectant les cadres réglementaires nationaux et les normes 3GPP.

Cette coentreprise reste soumise à la finalisation des accords définitifs, aux approbations réglementaires et aux conditions de clôture habituelles. Les entreprises prévoient de fournir de nouvelles mises à jour au fur et à mesure qu'Equatys progresse vers sa mise en place officielle.

Mobile World Congress

Dans le cadre du programme co-organisé du MWC, Mark Dankberg, PDG et président de Viasat, et Karim Sabbagh, directeur général de Space42, un Fireside Chat pour discuter des opportunités et des politiques façonnant l’avenir de la mobilité spatiale. Le programme explorera comment la prochaine génération de connectivité spatiale peut être conçue pour préserver la concurrence, offrir de nouvelles capacités de service et respecter les priorités souveraines, tout en renforçant la résilience et en multipliant les choix pour les utilisateurs.

Les inscriptions pour le Fireside Chat et les autres panels co-organisés sont disponibles [ici].

À propos de Space42

Space42 (ADX : SPACE42) est une entreprise de technologie spatiale (SpaceTech) basée aux Émirats arabes unis, qui utilise l'IA pour intégrer les communications par satellite, les analyses géospatiales et les capacités d'intelligence artificielle afin d’éclairer la Terre depuis l'espace. Créée en 2024 à la suite de la fusion réussie de Bayanat et Yahsat, Space42 bénéficie d’une portée mondiale qui lui permet de répondre aux besoins en constante évolution de ses clients issus des gouvernements, des entreprises et des communautés. Space42 comprend deux unités commerciales : Yahsat Space Services et Bayanat Smart Solutions. Yahsat Space Services se concentre sur les opérations satellitaires en amont, pour les solutions satellitaires fixes et mobiles. L’unité Bayanat Smart Solutions intègre l'acquisition et le traitement des données géospatiales à l'IA afin d’éclairer la prise de décision, d’améliorer la conscience situationnelle et d’accroître l'efficacité opérationnelle. Les principaux actionnaires de Space42 sont G42, Mubadala et IHC.

Pour plus d'informations, rendez-vous sur : www.space42.ai; suivez-nous sur X : @space42ai

À propos de Viasat

Viasat est une entreprise mondiale de communication qui croit que chacun et chaque chose dans le monde peuvent être connectés. Présente dans 24 pays à travers le monde, notre mission consiste à façonner la manière dont consommateurs, entreprises, gouvernements et forces armées communiquent et se connectent à travers le monde. Viasat développe un réseau de communication global de pointe offrant des connexions de haute qualité, fiables, sécurisées, abordables et rapides, pour laisser un impact positif sur la vie des personnes, qu’elles soient sur terre, dans les airs ou en mer, tout en construisant un futur spatial durable.

En mai 2023, Viasat a finalisé l'acquisition d'Inmarsat, joignant les équipes, technologies et ressources des deux entreprises, creeant ainsi un nouveau leader mondial des communications. Pour en savoir plus, rendez-vous sur : www.viasat.com, la Viasat News Room ou suivez-nous sur LinkedIn, X, Instagram, Facebook, Bluesky, Threads et YouTube.

Copyright © 2026 Viasat, Inc. Tous droits réservés. Viasat, le logo Viasat et le signal Viasat sont des marques déposées aux États-Unis et dans d'autres pays appartenant à Viasat, Inc. Tous les autres noms de produits ou d'entreprises sont mentionnés à titre indicatif et peuvent constituer des marques déposées de leurs propriétaires respectifs.

Avis juridique et déclaration d'avertissement concernant les énoncés prospectifs

Cette annonce peut contenir des déclarations prospectives fondées sur les attentes et les projections actuelles concernant des événements futurs. Ces déclarations, identifiées par des termes tels que « s'attendre », « s'attendre » ou similaires, sont soumises à des risques et des incertitudes et peuvent s'avérer inexactes. Ces déclarations prospectives reflètent, les informations disponibles à la date à laquelle le présent document a été publié, et les entreprises déclinent toute obligation ou engagement de les mettre à jour. Aucune déclaration ou garantie n'est donnée quant à la réalisation de ces déclarations prospectives, et une confiance excessive ne doit pas être placée dans ces déclarations. Cette annonce ne constitue pas une promotion financière ni une offre de sollicitation d'achat ou de vente de titres dans une quelconque juridiction.

Contacts :

Contact: media@space42.ai

Space42 and Viasat to Share Progress on Equatys at Mobile World Congress

 

BARCELONA, Spain - Thursday, 02. April 2026

 

(GLOBE NEWSWIRE) -- Space42, the UAE-based AI-powered SpaceTech company, and Viasat, Inc., a global leader in satellite communications, will discuss continued progress toward their planned direct-to-device (D2D) infrastructure and offer an early look at the priorities for Equatys, the companies' forthcoming joint entity, during a co-hosted program at Mobile World Congress in Barcelona this week. The program marks the first public showcase of Equatys' technical direction and commercial vision, reflecting its ambition to accelerate global D2D adoption.   This event brings together policymakers, regulators, and industry leaders to explore how competition, resilience, and sovereignty can be advanced simultaneously, along with enabling new business cases, turning space-enabled mobility into a shared success story for all.

Space42 and Viasat are the cofounders of Equatys, bringing together over 60 years of combined mobile satellite services experience. Equatys is designed as an independent, neutral, multi-participant shared infrastructure platform to extend 3GPP-based connectivity to the billions underserved by terrestrial networks. Since announcing Equatys in September 2025, the cofounders have advanced the program across initiation of venture formation, engineering development, and initial commercial engagement with Mobile Network Operators (MNOs), marking concrete progress toward phased deployment.

Mark Dankberg, CEO and Chairman of Viasat, said: "Space-enabled mobility is a foundational layer for global, seamless connectivity. With Equatys, we are building a platform that empowers nations, operators, and innovators to extend secure, affordable, 3GPP-aligned satellite connectivity to billions. This scalable global model ensures the full ecosystem of participants can benefit from lower barriers to entry, expanded supplier diversity and economies of scale, and stronger competitive dynamics across the value chain.   We are committed to delivering a frictionless end-user experience with seamless handover enabling choice for the carriers. "

Karim Michel Sabbagh, Managing Director of Space42, said: "Equatys reflects disciplined execution against a clear objective: combining the scale of terrestrial networks with the efficiency of space. The collaboration is rooted in Space42's strategy to become a global leader in Non-Terrestrial Networks, and to date has achieved significant engineering milestones, with subscription agreements underway, mobile network operators engaged, and international filings submitted. Equatys demonstrates how space-enabled mobility can modernize legacy Mobile Satellite Services, augment terrestrial networks in lacking areas, and unlock new services across markets."

Ali Al Hashemi, CEO of Space Services at Space42, commented: "Equatys is being built on the principle that shared infrastructure benefits all. The spectrum access model allows nations to retain their sovereign autonomy and licensee control, while advancing satellite capacity with significant cost savings. Combined with a standards-based architecture designed to allow seamless, automatic transition between terrestrial and satellite networks, we intend to scale space-enabled connectivity to those beyond traditional network reach." 

Constellation Architecture and Spectrum Strategy

The system is expected to operate initially in globally harmonized L- and S-band MSS spectrum, with technical capability to operate across over 100 MHz of globally allocated and coordinated MSS spectrum. By aligning with 3GPP standards, the platform will integrate terrestrial and satellite networks, enabling seamless transition when terrestrial service becomes unavailable. This will be done while preserving operators’ choice within the -Terrestrial Network ecosystem.

Operating on a Tower Co. model, Equatys intends to deliver the lowest unit cost of satellite capacity while preserving each partner's spectrum rights and sovereign interests. The model is designed to welcome additional cofounders, satellite operators, and spectrum holders as the ecosystem takes shape. Efficient payload and ground technologies are intended to minimize mass-to-orbit requirements while supporting long-term scalability and capital efficiency.

Equatys' shared multi-tenant infrastructure will be supported by up to 2,800 satellites across 60 orbital planes and three altitude layers, deployed by Viasat and Space42. The architecture is intended to densify without fundamental redesign, enabling ecosystem growth at a market-responsive pace and catering to billions of potential users as demand scales.

Commercial Momentum

Space42 has announced partnerships to explore Equatys-enabled D2D connectivity with e& UAE, the flagship telecom arm of global technology group e&, and with PT Telkom Satelit Indonesia (Telkomsat), Indonesia's national satellite operator.

These engagements reflect operator interest in extending coverage through integrated satellite-terrestrial architectures, aligned with national regulatory frameworks and 3GPP standards.

The venture remains subject to definitive agreements, regulatory approvals, and customary closing conditions. The companies intend to provide further updates as Equatys progresses toward formal establishment.

Mobile World Congress

As part of the co-hosted MWC program, Viasat CEO and Chairman Mark Dankberg and Space42 Managing Director Karim Sabbagh will conduct a Fireside Chat to discuss the opportunities and policies shaping the future of space-enabled mobility. The program will explore how the next generation of space-enabled connectivity can be designed to preserve competition, unlock new service capabilities, and align with sovereign priorities, while strengthening resilience and expanding choice.

Attendees can register for the Fireside Chat and other co-hosted panels [here].

About Space42

Space42 (ADX: SPACE42) is a UAE-based AI-powered SpaceTech company that integrates satellite communications, geospatial analytics and artificial intelligence capabilities to enlighten the Earth from space. Formed in 2024 by the successful merger of Bayanat and Yahsat, Space42's global reach allows it to address the rapidly evolving needs of its customers in governments, enterprises, and communities. Space42 comprises two business units: Space Services and Smart Solutions. Space Services focuses on upstream satellite operations for both fixed and mobility satellite services. Smart Solutions integrates geospatial data acquisition and processing with AI to inform decision-making, enhance situational awareness, and improve operational efficiency. Major shareholders include G42, Mubadala, and IHC.

For more information, visit: www.space42.ai; follow us on X: @space42ai

About Viasat

Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people's lives anywhere they are, on the ground, in the air or at sea, while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at www.viasat.com, the Viasat News Room or follow us on LinkedIn, X, Instagram, Facebook, Bluesky, Threads, and YouTube.

Copyright © 2026 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat Signal are registered trademarks in the U.S. and in other countries of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

Legal Notice and Cautionary Statement regarding forward-looking information

This announcement may contain forward-looking statements based on current expectations and assumptions about future events. These statements, identified by terms such as "expect," "will," or similar, are subject to risks and uncertainties and may prove inaccurate. They reflect information available as of the date hereof, and the companies disclaim any obligation to update them. No assurance is given that any forward-looking statement will occur, and undue reliance should not be placed on them. This announcement does not constitute a financial promotion or an offer to buy or sell securities in any jurisdiction.

Contacts :

media@space42.ai

Visa Defines the Next Era of Commerce: When AI Becomes the Customer

 New Visa research reveals more than half of business leaders surveyed are open to AI-to-AI negotiation, but consumers say trust and override capability are non-negotiable


 


(BUSINESS WIRE)--A majority of business leaders are preparing for a world where artificial intelligence doesn’t just assist commerce, it participates in it. New research from Visa (NYSE:V) underscores how quickly that shift is gaining momentum.


The Visa Business-to-AI (B2AI) Report, conducted in conjunction with Morning Consult, highlights how AI is already influencing demand. Nearly 40% of Americans have made a purchase they normally would not have considered as a result of using an AI agent or tool. This is an early indication that intelligent systems are beginning to shape how people discover and decide what to buy.


The new report also reveals that 53% of U.S. businesses in the survey would allow AI agents to negotiate prices or terms directly with other AI agents on their behalf, signaling that AI-to-AI commerce is poised to scale.


At the same time, 71% of businesses say they are willing to optimize products, offers and experiences specifically for AI agents, while 77% are already using or piloting AI in their operations.


Why B2AI Has Arrived


Visa defines this next phase of commerce as B2AI, an emerging economic model in which AI agents act as active participants in commercial decision-making and execution, while humans remain accountable for intent and outcomes.


“Commerce is moving from market-to-human to market-to-machine,” said Frank Cooper III, Chief Marketing Officer at Visa. “B2AI describes what happens next as AI agents begin evaluating, negotiating and transacting on behalf of people. In that world, as always, trust becomes the critical infrastructure. If we don’t build it into machine-mediated commerce, adoption stalls.”


AI Is Moving from Assistant to Economic Proxy


For years, AI has optimized recommendations and streamlined operations. The new data suggests it is now crossing into decision-making territory. Among business decision-makers surveyed:


53% would permit AI agents to negotiate directly with other AI agents

88% are willing to provide pricing or inventory data to enterprise AI systems

55% are already familiar with the concept of B2AI commerce

This signals a turning point: brands are no longer just marketing to humans — they are preparing to transact more freely with intelligent systems acting on behalf of customers and enterprises.


Consumers Are Ready, with Guardrails


On the consumer side, acceptance is accelerating, but trust remains the defining factor for full adoption. The report found:


58% of Americans are comfortable with AI comparing prices

55% are comfortable with AI applying discounts

38% are comfortable with AI completing a purchase

Meanwhile:


Only 27% are comfortable allowing AI to spend money autonomously without limits

60% would not allow AI to spend any amount without approval

“The message is unmistakable: people are open to AI acting for them, not instead of them,” added Cooper. “Our findings show that trust is the adoption switch for agentic commerce. Consumers are willing to let AI act on their behalf, but only when they retain visibility, control and the ability to intervene.”


Notably, trust increases significantly when financial institutions are involved:


36% trust bank-backed AI systems

35% trust payment network-enabled AI

Only 28% trust independent AI agents

Generation Acceleration


The shift is especially pronounced among younger consumers.


Nearly half of Gen Z (48%) say they trust payment network-enabled AI systems, compared to only 20% of Boomers. Among Gen Z and Millennials using AI shopping assistants, nearly half report making purchases they wouldn’t otherwise have considered due to AI recommendations.


A Defining Moment for Commerce


The data signals that AI is shifting from support system to transaction participant. Businesses are preparing for it. Consumers are cautiously embracing it. Trust will determine how fast it scales.


To learn more about the report, visit here.


Methodology


This survey was conducted between January 29th to February 6th, 2026, among a sample of 2,000 Gen Pop Adults in the U.S. and 512 Business Decision Makers in the US. The interviews were conducted online and the results from the full survey have a margin of error of plus or minus 2 percentage points for Gen Pop and plus or minus 4 points for Business Decision Makers. The Gen Pop results are weighted to the U.S. general population based on gender, age, race/ethnicity, region, and education. The Business Decision Maker results are unweighted.


About Visa


Visa (NYSE: V) is a world leader in digital payments, facilitating payments transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.


 


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Contacts

Media Contact

Conor Febos – cfebos@visa.com


 

Sunday, April 5, 2026

The Estée Lauder Companies Fully Establishes Its “One ELC” Operating Model and Reaches Milestone in Its Profit Recovery and Growth Plan


 NEW YORK 

WPP Appointed First-Ever Global Media Partner, Unifying Media Execution Worldwide


“One ELC” Operating Model Is Transforming How the Company Operates at Scale


 


(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) today announced WPP as its first-ever global media partner, marking a significant advancement of its One ELC operating model, a scalable system designed to operate faster, execute with greater discipline, and drive growth. In fully establishing One ELC, the Company also reached a significant milestone in its Profit Recovery and Growth Plan’s (PRGP) Restructuring Program — a key action plan priority of Beauty Reimagined.


Stéphane de La Faverie, President and Chief Executive Officer, The Estée Lauder Companies, said, “With the appointment of WPP as our first-ever global media partner, our One ELC operating model is now fully established. This more unified and scalable system will enable us to be faster, more agile and efficient, and support unlocking additional growth. Together with our execution progress, we are confident that we are on a trajectory to deliver sustainable, profitable long-term growth.”


de La Faverie added, “Building on our strong fiscal 2026 first half results, which included increased consumer-facing investments to restore sustainable sales growth, today we announced an important milestone in the Profit Recovery and Growth Plan’s Restructuring Program. We have now approved initiatives to achieve the high-end of the target gross savings range and affirmed we are on track to realize the vast majority of PRGP’s full run-rate benefits in fiscal 2027. The PRGP has instilled a strong sense of cost discipline into our organization that is now embedded in our ways of working.”


Advancing a New Operating Foundation


The Company has fundamentally changed how it operates and now has the foundational pieces in place to complete its transformation. At the center of this is the Company’s One ELC operating model, an integrated system built on three elements: One Team, One Culture, and One Operating Ecosystem.


One Team, deployed swiftly in July 2025 to simplify the organization with fewer layers and silos, clearer ownership, and faster decision making.


One Culture, introduced in February 2026, to reinforce how teams work every day, grounded in accountability, bold, entrepreneurial thinking, and agility.


One Operating Ecosystem, built over the last year and now fully in place, brings together shared platforms, data, and strategic partners to enable consistent, scalable, and effective execution across brands, regions, and functions.


Establishing a Unified Global Media Model


As a core component of its One Operating Ecosystem within One ELC, the Company has appointed WPP as its first global media partner, establishing a unified, enterprise-led approach to media buying designed to enable greater scale, precision, and impact.


The Company is moving from a decentralized regional media structure to a connected global system powered by data, technology, and AI. This model strengthens the Company’s ability to generate and capture demand while improving media effectiveness and efficiency at scale and at speed.


Aude Gandon, Chief Digital and Marketing Officer, The Estée Lauder Companies, said, “Today, beauty is discovered and experienced across a constantly evolving mix of platforms. To lead in this environment, we are building a connected, AI-enabled media system that brings brand building and performance together at global scale. Partnering with WPP strengthens our ability to invest with greater precision, move with greater speed, and deliver stronger, more measurable returns, while keeping creativity and brand leadership at the center of everything we do.”


Delivering a Connected Ecosystem with Strategic Partners


With WPP’s appointment, the Company’s One Operating Ecosystem is now in place and brings together a coordinated set of best-in-class strategic partners to modernize and scale how it operates globally.


Accenture is transforming shared services through the Company’s Enterprise Business Services (EBS) model, driving standardization, efficiency, and scalability across core functions. The Company has designed EBS and begun transitioning services, with the model on track to be fully in place before the end of calendar year 2026.


Shopify powers the Company’s global direct-to-consumer omnichannel experience, creating a modern and unified commerce foundation. Initial implementation with TOM FORD BEAUTY’s brand.com in the U.S. has already delivered improved sales, conversion, and average order value performance — all encouraging signs as the foundation scales. Following the initial implementation phase, the Company expects to have launched 50% of the in-scope direct-to-consumer business by the end of calendar year 2026.


By partnering with best-in-class organizations, the Company is transitioning from a fragmented data landscape to a more unified one. This will create a scalable foundation for real-time insights, a single consumer view, and more effective activation across brands and markets.


Delivering Against the Profit Recovery and Growth Plan


Since expanding the Restructuring Program when it introduced Beauty Reimagined in February 2025, the Company has taken decisive actions to reshape its cost structure and operations, allowing for increased consumer-facing investments. As of March 31, 2026, the Company has approved initiatives expected to deliver total gross benefits at the high end of its targeted range of $0.8 billion to $1.0 billion, a portion of which has been and will continue to be reinvested in consumer-facing initiatives, with expected total charges at the mid-point of the estimated range of $1.2 billion to $1.6 billion.


With a line of sight to additional gross benefits, all business case approvals for the Restructuring Program are still expected to be made by June 30, 2026. This progress reflects disciplined delivery against clearly defined priorities and has supported the Company’s ability to reinvest for growth. The Company expects execution of the PRGP to be substantially complete by the end of fiscal 2027 and affirmed that the vast majority of PRGP’s full run-rate benefits, including its Restructuring Program, are to be achieved during fiscal 2027.


Cautionary Note Regarding Forward-Looking Statements


The forward-looking statements contained herein, including those relating to our expectations regarding restructuring and other charges, involve risks and uncertainties. Factors that could cause actual results to differ materially from those forward-looking statements include current economic and other conditions in the global marketplace, actions by retailers and consumers, competition, The Estée Lauder Companies’ ability to successfully implement its long-term strategic plan, and those factors described in The Estée Lauder Companies’ Annual Report on Form 10-K for the fiscal year ended June 30, 2025.


About The Estée Lauder Companies Inc.


The Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers, and sellers of quality skin care, makeup, fragrance, and hair care products, and is a steward of luxury and prestige brands globally. The Company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+, the DECIEM family of brands, including The Ordinary and NIOD, and BALMAIN Beauty.


About WPP


WPP is the trusted growth partner for the world’s leading brands. We unite cutting-edge media intelligence and data solutions, world-class creativity, next-generation production, transformative enterprise solutions and expert strategic counsel in a single company – powered by exceptional talent and our agentic marketing platform, WPP Open, to help our clients navigate change, capture opportunity and deliver transformational growth. For more information, visit wpp.com.


About WPP Media


WPP Media is WPP’s global media collective. In a world where media is everywhere and in everything, it brings the best platform, people, and partners together to create limitless opportunities for growth. For more information, visit wppmedia.com.


 


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Contacts

Investor Relations:

Rainey Mancini

rmancini@estee.com


Media Relations:

Brendan Riley

briley@estee.com

Lenovo 360 Framework Evolves with Simplified Tiers, Services Growth Pathways, and New Technical Community

 


MORRISVILLE, N.C. -

New enhancements to Lenovo 360 make growth more intuitive, profitable, and collaborative for Lenovo partners


(BUSINESS WIRE) -- Lenovo today announced new enhancements to its global channel framework, Lenovo 360, building on the success of its channel-centric model to further simplify and accelerate partner growth.


Lenovo 360 has become the foundation for how Lenovo enables, connects with, and grows alongside its global partner ecosystem. These latest updates reflect Lenovo’s continued commitment to evolving the partner experience and creating more intuitive, scalable paths to growth.


"The channel is central to how we do business,” said Pascal Bourguet, Chief Sales Strategy & Channels Officer at Lenovo. “It’s how we scale, how we innovate, and how we grow together. With these latest enhancements to Lenovo 360, we’re making it simpler, more predictable, and more rewarding for partners to build their business with us. From services-led growth to new technical communities and streamlined tiering, we’re focused on giving partners clear pathways to expand their capabilities, drive profitability, and deliver greater value to their customers in a rapidly evolving market.”


What's new with Lenovo 360


Simplifying Lenovo 360 Tiers for Greater Predictability and Growth


Lenovo is simplifying its partner Tiers to create a more transparent and predictable path to growth, making it easier for partners to understand how they progress, earn, and scale.


The updated model reduces complexity by streamlining tiers and aligning incentives more closely to overall partner performance, combining revenue growth with capability development through skills and accreditations, with a clear progression from Authorized to Gold to Platinum and beyond.


All partners begin at the Authorized level, gaining access to Lenovo 360 Elevate, a reimagined growth engine designed to activate engagement and accelerate partner development.


As partners progress to Gold and higher tiers by growing their business, building skills, and achieving accreditations, they unlock enhanced financial incentives, co-selling opportunities, and expanded access to Lenovo resources, with advanced levels offering increasing recognition and collaboration across Lenovo’s global ecosystem.


To support this journey, Lenovo has introduced an enhanced digital experience through the Lenovo 360 Partner Hub, providing real-time visibility into performance, accreditations, and progression milestones, giving partners greater control and predictability over their growth.


This simplified structure reflects Lenovo’s ongoing commitment to reducing complexity and delivering a more intuitive, rewarding partner experience.


Accelerating Partner Growth with Lenovo 360 for Services


Coming April 13, Lenovo will expand its services-led strategy with Lenovo 360 for Services, a structured pathway designed to help partners support the shift to recurring, outcome-based business models.


As customer demand shifts toward lifecycle services and end-to-end solutions, many partners are looking to build new capabilities while scaling profitability. Lenovo 360 for Services addresses this by providing a clear, flexible framework that enables partners to attach services to every deal and evolve toward higher-value solutions over time.


Through a combination of ready-to-sell attached services and advanced solutions—including digital workplace, hybrid cloud, AI, and Lenovo TruScale™ as-a-service offerings—partners can expand their portfolios, increase deal value, and create predictable recurring revenue streams.


The pathway integrates enablement, sales tools, and incentives into a single experience, giving partners access to training, marketing resources, and guided selling platforms that simplify how they build and deliver services-led solutions.


Lenovo’s momentum in this space reflects growing partner demand, with the company’s services business expanding at twice the rate of the overall IT services market, underscoring the opportunity for partners to accelerate growth through services-led transformation.


Expanding Lenovo 360 for MSPs in new markets


Building on this momentum, Lenovo is also expanding its Lenovo 360 for Managed Service Providers (MSPs) pathway in additional markets, reflecting strong partner adoption and growing demand for as-a-service delivery models.


Following a successful pilot, the MSP pathway will expand across UK&I, Nordics, Benelux, Brazil, Mexico, and Australia, effective April 1. As Lenovo’s most mature and widely adopted partner pathway, Lenovo 360 for MSPs has already engaged thousands of partners globally and is on track to exceed $100 million in revenue by year-end.


By providing MSPs with tailored tools, training, and incentives, Lenovo enables partners to integrate Lenovo solutions into their own managed service offerings, helping them scale recurring revenue, increase profitability, and deliver outcome-based services more efficiently.


“Lenovo 360 for MSP has greatly simplified our support process and boosted profitability,” said Nick Allo, IT Director for SemTech IT Solutions. “By standardizing our offerings around workstations and laptops, we bundle services and accessories to provide a full system to our clients. This allows us to add value, achieve up to 25% margins, and warranty services as an Authorized Service Provider. Overall, Lenovo’s been a strong partner who’s helped us grow and listened along the way.”


Elevating Technical Expertise through Lenovo 360 Tech Connect


Beginning its rollout in April, Lenovo is also launching Lenovo 360 Tech Connect, a global technical community designed to help partners build deeper expertise and deliver more complex, solution-led outcomes for customers.


As demand for AI, hybrid cloud, and advanced infrastructure solutions accelerates, partners face a growing need for deeper technical expertise. Lenovo 360 Tech Connect addresses this by bringing together presales engineers, solution architects, and technical specialists in a collaborative, community-driven environment.


Through the community, members gain access to tailored technical enablement, curated learning resources, and direct engagement with Lenovo experts, enabling them to design, position, and deliver solutions with greater confidence and speed.


The community also introduces new opportunities for recognition and career development, rewarding technical contribution and expertise while strengthening partners’ credibility with customers.


By fostering collaboration and continuous learning, Lenovo 360 Tech Connect reflects Lenovo’s broader commitment to building a more connected, capable partner ecosystem—where technical excellence becomes a key driver of growth and differentiation.


To learn more about Lenovo 360, visit lenovopartnerhub.com/.


About Lenovo


Lenovo is a US$69 billion revenue global technology powerhouse, ranked #196 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world’s largest PC company with a full-stack portfolio of AI-enabled, AI-ready, and AI-optimized devices (PCs, workstations, smartphones, tablets), infrastructure (server, storage, edge, high performance computing and software defined infrastructure), software, solutions, and services. Lenovo’s continued investment in world-changing innovation is building a more equitable, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). To find out more visit https://www.lenovo.com, and read about the latest news via our StoryHub.


 


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Contacts

Katelyn Clontz Hill at kclontz@lenovo.com


 

Andersen Consulting Adds Multiplica

 (BUSINESS WIRE)--Andersen Consulting enters into a Collaboration Agreement with Multiplica, a digital consulting firm that helps organizations design, build, and scale impactful digital experiences.


Founded in Spain with a presence in Latin America and the U.S., Multiplica focuses on user research and discovery, customer experience research, digital strategy, data modeling and analysis, report automation and data visualization, conversion rate optimization, product design, and user experience design. The firm helps organizations accelerate digital transformation by building digital capabilities, teams, and assets that advance expertise across digital products, consulting, and talent development. Multiplica enables clients to forecast emerging trends in digital experience and transform their businesses through enhanced digital channels and customer engagement.


“Collaborating with Andersen Consulting represents an exciting opportunity to extend our reach and impact,” said David Boronat, CEO of Multiplica. “By combining Multiplica’s strengths in digital product development, growth marketing, and technology with Andersen’s global consulting capabilities, we will be able to deliver greater value and innovation to clients around the world.”


“Multiplica’s capabilities and expertise complement our consulting platform,” said Mark L. Vorsatz, global chairman and CEO of Andersen. “Together, we will help organizations accelerate digital transformation and achieve lasting impact through solutions that integrate insight and execution.”


Andersen Consulting is a global consulting practice providing a comprehensive suite of services spanning corporate strategy, business, technology, and AI transformation, as well as human capital solutions. Andersen Consulting integrates with the multidimensional service model of Andersen Global, delivering world-class consulting, tax, legal, valuation, global mobility, and advisory expertise on a global platform with more than 50,000 professionals worldwide and a presence in over 1,000 locations through its member firms and collaborating firms. Andersen Consulting Holdings LP is a limited partnership and provides consulting solutions through its member firms and collaborating firms around the world.


 


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Contacts

mediainquiries@Andersen.com

The LYCRA Company Announces Strategic Partnership on Renewable LYCRA® Fiber

SHANGHAI - Thursday, 02. April 2026


Agreement with Texhong Advances Sustainable Fiber Applications


 


(BUSINESS WIRE)--The LYCRA Company, a global leader in innovative and sustainable fiber solutions for the apparel and personal care industries, today announced the signing of a strategic partnership agreement with Texhong International Group Limited (“Texhong”), one of the world’s largest suppliers of core-spun cotton textiles. Under the agreement, Texhong will exclusively partner with The LYCRA Company to bring Renewable LYCRA® fiber made with 30 percent plant-based content* to China’s core-spun yarn sector. This collaboration aims to accelerate the adoption of bio-derived spandex across the global apparel and textile industry.


Renewable LYCRA® fiber made with 30 percent plant-based content is the latest achievement in The LYCRA Company’s efforts to develop more sustainable materials. Partly derived from dent corn, this new offering is expected to retain the outstanding elasticity, comfort, and durability of standard fossil-derived LYCRA® fiber. Information from a recent Cradle-to-Gate Life Cycle Assessment indicated up to a 32 percent** reduction in carbon emissions compared to fossil-derived LYCRA® fiber.


“This strategic partnership fully underscores The LYCRA Company’s leading capabilities in sustainable fiber innovation and industrial application,” said Jason Wang, vice president of Asia at The LYCRA Company. “Renewable LYCRA® fiber already boasts a mature foundation for commercial adoption. The partnership with Texhong will further expand its industrial scale. By working closely with value chain partners, we aim to continuously drive the widespread adoption of lower impact, innovative materials across the textile industry.”


Texhong will leverage its well-established textile value chain to develop customized core-spun yarn products using Renewable LYCRA® fiber made with 30 percent plant-based content. These products deliver an integrated, sustainable solution from bio-derived raw materials to yarn manufacturing. Moving forward, the two companies will jointly drive collaborative innovation in bio-derived spandex materials, yarn manufacturing, and brand end-use applications.


“Texhong has long been dedicated to the R&D and manufacturing of high-value-added cotton textiles and core-spun yarn products,” said Zhou Xia, chief operating officer of Texhong. “Partnering with The LYCRA Company will bring new breakthroughs in bio-based material applications and further improve product sustainability. Together, we will jointly accelerate the innovation and market penetration of bio-derived core-spun yarn solutions.”


Texhong has used LYCRA® brand fibers for nearly two decades and has collaborated with The LYCRA Company on many technological advancements, including patented LYCRA® dualFX® fabric technology. The further deepening of this partnership reflects the companies’ shared commitment to technological progress, operational synergy, and sustainable development. It also demonstrates The LYCRA Company’s ongoing commitment to empowering the textile value chain through continuous innovation.


*30 percent renewable content to be confirmed via third-party testing.


**Comparative Life Cycle Assessment: LYCRA® fiber with Bio-derived PTMEG vs LYCRA® fiber with Fossil-Derived PTMEG, Ramboll, 2026.


About The LYCRA Company


The LYCRA Company is a leading global fiber and technology solutions provider to the apparel and personal care industries, committed to offering sustainable products made with renewable, pre- and post-consumer recycled ingredients that reduce waste and help set the stage for circularity. Headquartered in Wilmington, Delaware, United States, it owns the LYCRA®, LYCRA HyFit®, LYCRA® T400®, COOLMAX®, THERMOLITE®, ELASPAN®, SUPPLEX®, and TACTEL® brands. The LYCRA Company adds value to its customers’ products by offering unique innovations that meet the consumer’s need for comfort and lasting performance. Learn more at thelycracompany.com.


LYCRA® is a trademark of The LYCRA Company.


About Texhong International Group Limited


Texhong International Group Limited, founded in 1997, is one of the world’s leading suppliers of core-spun cotton textiles, specializing in the manufacturing and sales of high value-added fashionable cotton textiles. The Group is currently ranked among the top three most competitive enterprises in China’s cotton textile industry, is listed among China's Top 500 Enterprises, and is listed on the Main Board of the Hong Kong Stock Exchange. Guided by its core values of “Revering Heaven, Loving People, Benefiting Self and Others”, the Group is committed to becoming a happiness-driven enterprise characterized by continuous learning and growth, while striving to create a better and more inspiring life through innovation.


 


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Contacts

Eva Chen

Eva.Chen@lycra.com