By  on August 13, 2009

For a company in the business of offering newness, the Estée Lauder Cos. Inc. ushered in a windfall of change in fiscal 2009, introducing a new management team and a reorganized company structure and culture.

The latter two efforts stem from the beauty firm’s four-year restructuring plan designed to jump-start profitable growth and extend its global reach. Charges related to the restructuring contributed to a loss in the fourth quarter, but the company remained profitable for the year.

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