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Select prestige beauty brands shine as sales dip at Estée Lauder Cos.

Posted ByKiran Gill for Luxury Daily News ServiceOn In Commerce,Fragrance and personal care,Industry sectors,News | Comments Disabled
During the period, the conglomerate’s operating income fell by 31 percent compared to FY23. Image credit: Estée Lauder Companies The conglomerate’s operating cash flow dropped to $1.27 billion from $2.36 billion. Image credit: Estée Lauder Companies

 

By Kiran Gill for Luxury Daily News Service

Sales are slipping at U.S. beauty group Estée Lauder Companies.