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Estée Lauder
Sued for inflating its figures in China, Estée Lauder survives… thanks to China

LogoSubscribers only By Noëmie Leclercq
2 min read Lire en français

Nearly 70% of Estée Lauder's growth is now in China, where it nearly came to grief three years ago.
Nearly 70% of Estée Lauder's growth is now in China, where it nearly came to grief three years ago. © Photomontage Glitz – Sources : Estée Lauder

Three years after being dragged down by China, Estée Lauder is bouncing back thanks to its sales there. Its annual report shows the US luxury beauty giant has placed its fate in the hands of the very market that nearly brought it down, even as legal proceedings are still ongoing.

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