Estée Lauder Companies sales up 9% for Q4 and full year

In skincare, sales for the year rose 17% to $6.55bn

Estée Lauder Companies (ELC) reported a 9% increase in fourth-quarter sales to $3.59bn, driven by China, emerging markets, travel retail and online. The group noted that sales in the US improved despite a tough retail environment and that most brands...

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