Estee Lauder Exposed
The restrictions in China, a significant development market for global luxury goods makers, put the brakes on a recovery in demand for cosmetics from a pandemic-induced slump, major the Clinique skincare maker to miss third-quarter sales estimates. But is there a price of all round consumption or retail sales growth that you anticipate across your portfolio in the year, just that we can compare to the flat to 2% positive organic growth that you have assumed in your outlook? So, just again, a bit additional detail on what you have seen, how a great deal you consider perhaps distinct to...