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Estée Lauder Is Paying the Price for Relying Too Much on China, Analysts Say

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Estée Lauder Is Paying the Price for Relying Too Much on China, Analysts Say
By Panos Mourdoukoutas Halloween saved a nasty surprise for Estée Lauder Company shareholders. The global cosmetics giant lost more than 24 percent of its market value at the opening, in a sign analysts say reflects an over-reliance on the Chinese market, which accounts for nearly one-third of its total sales. On Oct. 31, the New […]

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