Slower than expected: Estée Lauder anticipates Hainan recovery in fiscal 2024 – CFO
Slower than expected: Estée Lauder anticipates Hainan recovery in fiscal 2024 – CFO
Beauty titan Estée Lauder Companies is expecting a slow recovery in China's crucial travel retail hotspot of Hainan and does not anticipate things to be “fully back to normal” by the next fiscal year, said its CFO.