The Estee Lauder Companies, Inc. is navigating a changing prestige beauty landscape with lower barriers to entry compared with historical norms, expanded points of sale, and a major shift in the way shoppers zero in on products, says executive VP and CFO Tracey Travis.
Lauder’s Outgoing CFO Breaks Down Global Prestige Beauty, Firm’s Transition Moment
Global beauty giant is working to adapt its approach to the prestige market to meet escalating competition, increased points of sale, and more knowledgeable consumers with new shopping habits, CFO Tracey Travis said at the Barclays Global Consumer Staples Conference.