Estee Lauder Companies, Among Industry’s ‘Long COVID’ Cases, Lowers FY 2024 Outlook

The firm is resetting Asia travel retail inventory and implementing a new and improved profit recovery plan.

 
• By Eileen Francis and Ryan Nelson
  
The COVID-19 pandemic may be past, but its effects continue to weigh heavily on the Estee Lauder Companies. • Source: Shutterstock
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