Lauder's Jane Restructuring Effort Involves $16 Mil. Charge In Q4
This article was originally published in The Rose Sheet
Executive Summary
Estee Lauder will take a one-time $16 mil. charge in the fiscal fourth quarter (ended June 30) for a restructuring effort aimed at boosting sales and profits for its jane brand of mass market cosmetics, President and CEO Fred Langhammer said during a conference call June 28.
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