Fabrizio Freda Discusses China, U.S. Department Stores and U.S. Makeup’s Slowdown

Beauty is booming in Asia. The region, which has always been known for its skin-care savvy consumers, is becoming a crucial growth driver for the large beauty conglomerates, especially as sales have softened in North America and Western Europe. On Wednesday, the Estée Lauder Cos. Inc. touted a 24 percent jump in net sales in the Asia-Pacific region, driven by […]

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