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Estée Lauder Predicts Sales Hit by Strong Dollar

Estee Lauder Cos Inc  said full-year sales would fall more than it had forecast, hurt by a stronger dollar and slowing growth in Hong Kong and China. However the company reported a better-than-expected rise in revenue in the second quarter.
Estée Lauder advertisement |Source: Estée Lauder
By
  • Reuters

NEW YORK, New York

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