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United States
Estée Lauder's $1.6 billion facelift

LogoSubscribers only By Noëmie Leclercq
2 min read Lire en français

In an attempt to revive its flagging operating margins, the US cosmetics giant has embarked on one of the most expensive restructurings in its history, which looks like costing a billion dollars more than originally envisaged.

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