Estee Lauder Companies Fueling Skin Care, Online In Pursuit Of Renewed Growth In 2021

The Estee Lauder Companies says mature consumers represent a population of growing interest to its online business, and while its makeup sales remain sluggish as mask use continues around the world, fragrance sales are bouncing back surprisingly fast. First-quarter results.

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The Estee Lauder Companies, Inc. says growing numbers of mature consumers are engaging with its brands online and are more likely to stay online after the COVID-19 crisis ends.

The company’s online business achieved “outstanding” double-digit growth in its fiscal 2021 first quarter, ended on 30 September, CEO Febrizio Freda said

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