The Estée Lauder Cos. Inc. aims to leave its prestige beauty peers in the dust, and continue to grow faster than the overall market this year.
The beauty firm grew sales 10.3 percent in fiscal 2012, double the rate of the prestige market. Lauder plans to keep up the pace in the year ahead: The company’s sales are forecasted to increase between 6 and 8 percent, ahead of projected market growth of 3 to 4 percent, according to the company.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)