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Estée Lauder Reviews Brands Amid Management Change

The beauty giant is reviewing its portfolio of beauty brands with Evercore Inc. as it looks to streamline operations and boost its share price under new CEO Stéphane de La Faverie.
Estée Lauder projected annual sales and profit below estimates.
The review could lead to the sale of some brands, according to the people familiar with the matter. (Shutterstock)

Estée Lauder Cos is reviewing its portfolio of beauty brands, people with knowledge of the matter said, as the cosmetics company transitions to new leadership and looks to boost its share price.

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