LRLCF - Estee Lauder: A Secular Bet On Emerging Markets
Written by Steven Chen, MBA.
Source: jingdaily.com.
Overview
New York-based Estée Lauder (EL) is a multinational manufacturer and marketer of prestige skincare, makeup, fragrance and hair care products. The company has a comprehensive portfolio of products, from premium to entry-level, from classic to progressive, which are sold in approximately 150 countries and territories under several well-known brand names, including Este?e Lauder, Clinique, Origins, Jo Malone London, and Aveda (see below).
Source: Investor Day Presentation, 2019.
Source: Investor Day Presentation, 2019.
According to the chart above, sales in EMEA grew