The Estee Lauder Companies, Inc. says despite post-COVID recovery in the US and other markets, elevated levels of inventory in its Asia travel retail business led to a 45% decline in total travel retail organic sales in the fiscal 2023 third quarter.
The company lowered its full-year
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on HBW Insight for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?