Estee Lauder (EL) sees FY26 growth at the top end of prior range

  • Amazon (AMZN) rollout is scaling quickly, with Avalon now at 12 brands across 10 countries.
  • In the UK and Europe, eight brands launched on Amazon over the last eight months and are growing around 10x faster online than in the brick-and-mortar market across the region.
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