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Travel Retail Looking Up Despite Carry-On Flight Restrictions – Lauder

This article was originally published in The Rose Sheet

Executive Summary

Estee Lauder does not anticipate events related to recent suspected terrorist activity in the UK to have a "material adverse effect" on its first quarter or full fiscal year 2007 performance, although the events do create some level of uncertainty for the year in regards to the firm's travel retail business, the firm reported

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