Makeup net sales for the year rose 13% to $2.42 billion on a reported basis and increased 11% in local currencies. Solid growth was generated from the combined sales of the Company's makeup artist brands, as well as from Superbalanced Compact Makeup SPF 20 and Colour Surge Eye Shadow from Clinique.
Asia/Pacific net sales grew 8% over the prior year to $835.5 million. On a local currency basis, this region's net sales rose 4% led by strong growth in China, Hong Kong and Taiwan. These increases were partially offset by lower sales in Japan and Korea. Operating profit in the region increased reflecting higher results primarily in Hong Kong, Taiwan, Thailand and Japan, while lower results were reported in Korea and China.
World's leading cosmetic & hair care products producer The Estée Lauder Companies Inc is a marketer of quality skin care, makeup, fragrance and hair care products. The Company's products are sold in over 130 countries and territories under well-recognized brand names.
The more than 9,000 quality products we market under our portfolio of brands are a crucial competitive asset, delivering consumer satisfaction and performance second to none. Innovation is the driving forcethat propels our growth. Each year, we add more than 300 new offerings. About one third of the Company's sales come from skin care, makeup, fragrance and hair care products introduced within the past three years.
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.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
