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Skin Care Powers Estée Lauder in Q2

Ten brands grew during the holiday-driven quarter.

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By: TOM BRANNA

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The Estée Lauder Companies overcame a global pandemic to post 5% gains in its fiscal 2021 second quarter. “We are proud to have returned to growth in our second quarter, earlier than we anticipated, demonstrating the enduring success of our multiple engines of growth strategy,” said ELC President and Chief Executive Officer Fabrizio Freda in a statement. “The powerful engines of skin care, fragrance, Asia/Pacific, travel retail in Asia and global online fueled our performance despite the incr...

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