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What’s Behind Estée Lauder’s Continued Slide?

Travel retail’s slow rebound drove the beauty conglomerate to its fifth straight quarter of declines.
Estée Lauder projected annual sales and profit below estimates.
Travel retail’s slow rebound drove the beauty conglomerate to its fifth straight quarter of declines. (Shutterstock)

For a company that owns the likes of Mac Cosmetics, Clinique and Bobbi Brown, Estée Lauder Companies’ financial results of late have been anything but pretty.

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About the author
Daniela Morosini
Daniela Morosini

Daniela Morosini is Senior Beauty Correspondent and Special Projects Editor at The Business of Beauty at BoF. She covers the global beauty industry, with an interest in how companies go to market and overcome hurdles.

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