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Posts 13% gains as sales rise in every region and every category—except makeup.
August 19, 2021
By: Lianna Albrizio
Associate Editor
The Estee Lauder Companies Inc. said fiscal 2021 sales soared 13% to mroe than $16.2 billion in net sales. The company registered gains in every region and most product categories, which positively impacted brick-and-mortar retail stores as they gradually reopened following their closures during the second half of 2020 due to the COVID-19 pandemic. Two of its percentage points are attributed to the Company’s acquisition of Have&Be Co. Ltd. (Dr. Jart+) and its increased ownership o...
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