Estee Lauder Hair Care Sales Up 44%; Expected To Become $1 Bil. Business
This article was originally published in The Rose Sheet
Executive Summary
Estee Lauder's hair care sales jumped 44% to $43 mil. in the fiscal second quarter (ended Dec. 31) fueled by the expansion of Aveda salons, distribution refinements and the performance of signature Aveda products, CEO Fred Langhammer told analysts during a Jan. 30 conference call.
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Aveda Sales Up 43% As Estee Lauder Hones Salon Distribution
Estee Lauder's Aveda sales increased 43% to $29.8 mil. in the fiscal second quarter "attributed to the refinements in the Aveda salon distribution," CEO Fred Langhammer told analysts during a Jan. 27 conference call.