Lauder Projects Skin-Care Acceleration While Continuing To Ride Makeup Wave

Makeup drove the Estee Lauder Companies Inc.’s fiscal 2016 results and is expected to continue booming, but the firm also believes that skin-care growth will pick up as Millennials get more involved in the category.

The [Estee Lauder Companies Inc.] aims to accelerate its skin-care business in fiscal 2017, leveraging growing interest in the category among younger consumers, according to CEO Fabrizio Freda.

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