Top growth drivers were skin care globally, the Asia/Pacific region and emerging markets, the global online and travel retail channels, and most brands, including Estée Lauder, M•A•C, La Mer, Tom Ford and Origins.
The future is luxurious.
For the second quarter ended Dec. 31, Estée Lauder saw that “the fastest growth came from the high end of our prestige portfolio,” said Fabrizio Freda, president and Chief Executive Officer of The Estée Lauder Cos., on a conference call with analysts. “The affluent consumer is spending freely for products she desires,” he said. As a result, its luxury brands “are thriving.”
Cosmetic Executive Women, Inc. (CEW) is a nonprofit, professional organization with more than 10,500+ members globally, both men and women, from over 3,500 companies in the beauty and retail industries.
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