Estée Lauder Companies suffers net loss of $6m due to Covid-19 store closures

The US beauty giant’s net sales totalled US$3.35bn in Q3 2020, a decline of 11% on the previous year

Estée Lauder Companies has revealed it made a net loss of US$6m in the third quarter of 2020 after being forced to close stores due to the Covid-19 pandemic.

The owner of MAC, Clinique and Bobbi Brown, reported . . .

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