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Estée Lauder posts increase in Q1 net sales and earnings

The Estée Lauder Companies Inc. recorded net sales of 3.52 billion dollars, an 8 percent increase for its first quarter driven by growth in nearly all product categories, geographic regions and channels. Excluding the impact of currency translation and the adoption of the new revenue recognition accounting standard (ASC 606), the company said,...

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The Next Wave for Beauty? Cosmetics Companies Dive into Mergers and Acquisitions

Interest for mergers and acquisitions among large beauty companies steadily grew throughout 2017 and is set to continue thriving in 2018. According to beauty M&A advisors, Intrepid Investment Bankers, the M&A market continued its active pace with over 100 transactions in 2016 and 2017. Not only have we seen an increase in the number of beauty...

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