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Lauder Expects Online Sales, Emerging Markets To Drive FY 2015 Growth

This article was originally published in The Rose Sheet

Executive Summary

The Estee Lauder Companies aims to exceed growth of the overall prestige beauty market by at least 1 percentage point annually over the next few years, with gains expected from online sales and expansion in in emerging markets. The firm beat sales expectations in FY 2014, booking an 8% increase to $10.97 billion.

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