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financial
financial

September 17, 2009

End of an Era: Lauder to Close Prescriptives Division

By Julie Naughton and Pete Born
with contributions from Matthew Lynch
financial/news

In a long-speculated move, the Estée Lauder Cos. said Thursday that it will shutter the retail distribution of its 30-year-old Prescriptives brand by Jan. 31.

Prescriptives, introduced...