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 . . .

This is a small extract of the full article which is available ONLY to premium content subscribers. Subscribers sign-in (top right) to read the article.

Or

Subscribe now to premium content on Cosmetics Business

Companies