An international who’s who of the beauty industry gathered at the Breakers Hotel in Palm Beach, Fla., for the WWD Beauty CEO Summit. Fabrizio Freda, chief executive offi cer of the Estée Lauder Cos., kicked off the 36- hour, jam-packed conference with a speech that hammered home the importance of innovation. “History shows that the first 24 months of a recovery are when 80 percent of the most successful new ideas take root,” Freda told attendees.


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