Affluent Shoppers Drive Estée Lauder's Sales Up 6.9%

The company has managed to grow despite softening across certain southern European countries, such as France, Italy and Spain.

By Molly Prior

financial/news

Despite storm clouds over parts of Europe, luxury consumers seem largely unfazed: Their unrestrained spending helped drive a 6.9 percent sales gain at the Estée Lauder Cos. Inc. in the second...

Affluent Shoppers Drive Estée Lauder's Sales Up 6.9%

The company has managed to grow despite softening across certain southern European countries, such as France, Italy and Spain.

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