The global prestige beauty market is far from finished growing despite inflation and geopolitical turmoil, according to The Estee Lauder Companies, Inc. president and CEO Fabrizio Freda.
Prestige Beauty Boom Not A ‘Short-Term Thing’ – Lauder CEO Fabrizio Freda
The Estee Lauder Companies sees significant growth ahead in prestige beauty, fueled by beauty regimen use in developed markets and the rising middle class in emerging markets. CEO Fabrizio Freda discussed other factors driving demand for prestige skin care and fragrance at the Bernstein Strategic Decisions Conference.
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