Most Prestige Cosmetics Shine -- But Estee Lauder Stumbles

Despite worries about the economy, consumers aren’t holding back on high-end lipsticks and pricey night creams. NPD Group says that sales of prestige beauty products climbed 15% in the U.S. last year, reaching $27.1 billion.

Estee Lauder, however, just reported its fiscal second-quarter financial results, including a disappointing 17% drop …

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